501, Shemara
Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Shemara
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,858 sqft
- Floor
- 5th of 32
- Parking
- P4 - 4046, P4 - 4047
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,600 /yr
- Last sold
- AED 2.45M · December 2011
- Building
- Shemara
About 501, Shemara
501 is a three-bedroom apartment of 1,858 sqft on the 5th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 20 December 2011 for AED 2,450,000, or AED 1,318 per sqft, 8% above the AED 1,217 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 190,000 a year: a gross yield of 7.8% on the 2011 price, before the service charge of about AED 20,600 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shemara, and where 501 sits
All 30 3-beds →501 last sold in December 2011 at AED 1,318 per sqft, 8% above what three-beds in Shemara were fetching at the time (AED 1,217). Over the last 12 months three-beds sold for AED 4,800,000, around AED 2,583 per sqft, and rent for AED 200,000 to 290,000 a year. 501's AED 190,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,858 sqft | 4,800,000 | 2,583 | ||
| 26 Sep 202526 September 2025 | 1,858 sqft | 4,350,000 | 2,341 | ||
| 30 Jun 202530 June 2025 | 1,858 sqft | 4,250,000 | 2,287 | ||
| 22 May 202422 May 2024 | 1,858 sqft | 4,450,000 | 2,395 |
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 5th floor
All 153 units in Shemara501, Shemara in numbers
- Sold twice: first on 15 December 2011 for AED 1,950,888, last on 20 December 2011 for AED 2,450,000 (AED 1,318 per sqft).
- Rented since June 2015 on 12 Ejari contracts. The rent fell from AED 235,000 to AED 150,000 in 2021 and recovered to AED 190,000 by August 2025.
- At AED 190,000 a year the gross yield on the 2011 price is 7.8%, before a service charge of about AED 20,600 a year (AED 11.10 per sqft).
- Three-beds in Shemara sold for AED 4,800,000–4,800,000 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 1 August 2025.
Questions about 501, Shemara
What did unit 501 last sell for?
AED 2,450,000 on 20 December 2011: AED 1,318 per sqft for 1,858 sqft. The unit has 2 registered sales; the first was AED 1,950,888 in December 2011.
What is the rent for unit 501?
AED 190,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 200,000; the unit has been rented since June 2015.
How big is unit 501?
1,858 sqft (172.6 sqm): a three-bedroom apartment on the 5th floor of a 32-storey tower completed in 2008.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shemara sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 2,583 per sqft.
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Mortgage on 501, Shemara
Starts from the last sale price (AED 2.45M, 20 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →