404, Shemara
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Shemara
What is 404 worth today?
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Source: Dubai Land Department. Updated 7 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 4th of 32
- Parking
- P1 - 1106
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 1.73M · October 2024
- Building
- Shemara
About 404, Shemara
404 is a one-bedroom apartment of 895 sqft on the 4th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 2 October 2024 for AED 1,730,000, or AED 1,932 per sqft, in line with the AED 1,932 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 7 May 2026, is AED 130,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 9,900 a year.
Sales and rents for 404 over time
404 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shemara, and where 404 sits
All 61 1-beds →404 last sold in October 2024 at AED 1,932 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 1,932). Over the last 12 months one-beds sold for AED 1,840,000 to 2,300,000, around AED 2,299 per sqft, and rent for AED 85,000 to 170,000 a year. 404's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 895 sqft | 18,610 | 20 | ||
| 27 Feb 202627 February 2026 | 895 sqft | 1,840,000 | 2,055 | ||
| 13 Jan 202613 January 2026 | 895 sqft | 38,494 | 43 | ||
| 12 Dec 202512 December 2025 | 895 sqft | 2,058,000 | 2,299 |
Shemara
Building153 apartments, studios to 3-bed over 32 floors in Dubai Marina, completed in 2008 by Emaar. 13 sold in the last 12 months.
- Typical price per sqft
- AED 2,037 Down 5.0%
- Typical sale
- AED 2.6M
- Typical rent
- AED 133K /yr
- Typical yield
- 5.7%
Other units on the 4th floor
All 153 units in Shemara404, Shemara in numbers
- Sold 3 times: first on 2 November 2011 for AED 729,888, last on 2 October 2024 for AED 1,730,000 (AED 1,932 per sqft).
- Rented since December 2017 on 6 Ejari contracts, from AED 100,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 9,900 a year (AED 11.10 per sqft).
- One-beds in Shemara sold for AED 1,840,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,037 per sqft.
Source: Dubai Land Department. Updated 7 May 2026.
Questions about 404, Shemara
What did unit 404 last sell for?
AED 1,730,000 on 2 October 2024: AED 1,932 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 729,888 in November 2011.
What is the rent for unit 404?
AED 130,000 a year on the contract renewed on 7 May 2026. The previous contract, from May 2026, was AED 99,225; the unit has been rented since December 2017.
How big is unit 404?
895 sqft (83.1 sqm): a one-bedroom apartment on the 4th floor of a 32-storey tower completed in 2008.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shemara sold for AED 1,840,000 to 2,300,000 in the last 12 months, around AED 2,299 per sqft.
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Mortgage on 404, Shemara
Starts from the last sale price (AED 1.73M, 2 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,000
- Deposit, UAE resident (20%)
- AED 346,000
- Deposit, non-resident (40%)
- AED 692,000
- Monthly over 25 years at 3.7%
- AED 7,078
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →