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2-bed · 1,410 sqftShemara, Dubai Marina · 6th floor · completed 2008

602, Shemara

Sold prices and rental history: sold 3 times, last in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 3 April 2013
Last soldAED 2.1M3 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Shemara

What is 602 worth today?

Last sold for AED 2,100,000 in 2013

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3 Apr 2013SoldReady
AED 2,100,000AED 1,489 per sqft
19 Dec 2012SoldReady
AED 1,250,000AED 886 per sqft
25 Oct 2009Sold by developerReady
AED 1,398,615AED 991 per sqft

Source: Dubai Land Department. Updated 3 April 2013.

Key facts

Type
2-bed apartment
Size
1,410 sqft
Floor
6th of 32
Parking
P2 - 2015
Developer
Emaar
Completed
2008
Service charge
AED 15,700 /yr
Last sold
AED 2.1M · April 2013
Building
Shemara

About 602, Shemara

602 is a two-bedroom apartment of 1,410 sqft on the 6th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 3 April 2013 for AED 2,100,000, or AED 1,489 per sqft, 21% above the AED 1,232 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Shemara
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,415,535; 2010 AED 1,597,500; 2011 AED 1,521,888; 2012 AED 1,650,000; 2013 AED 2,350,000; 2014 AED 3,150,000; 2015 AED 2,550,000; 2017 AED 2,260,000; 2018 AED 1,930,000; 2019 AED 1,650,000; 2021 AED 1,922,500; 2022 AED 2,250,000; 2023 AED 2,400,000; 2024 AED 2,775,000; 2025 AED 2,802,500; 2026 AED 2,845,000Sold by developer, October 2009: AED 1,398,615 (AED 991 per sqft)Sold, December 2012: AED 1,250,000 (AED 886 per sqft)Sold, April 2013: AED 2,100,000 (AED 1,489 per sqft)

602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, each contractTypical two-bed in Shemara
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 157,625; 2015 AED 165,000; 2016 AED 155,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 121,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 114,000; 2023 AED 125,294; 2024 AED 154,000; 2025 AED 153,500; 2026 AED 150,924

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shemara, and where 602 sits

All 61 2-beds →

602 last sold in April 2013 at AED 1,489 per sqft, 21% above what two-beds in Shemara were fetching at the time (AED 1,232). Over the last 12 months two-beds sold for AED 2,575,000 to 2,900,000, around AED 1,968 per sqft, and rent for AED 120,000 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 20262,815,000
22 Jun 20262,875,000
15 Apr 20262,750,000
7 Jan 20262,900,000
6 2-bed sales in the last 12 months

Shemara

Building

153 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%
Shemara, Dubai Marina: prices, sales and rents →

Other units on the 6th floor

All 153 units in Shemara
Value
6013-bedAED 4M · Jul 2009
6031-bedAED 1.13M · Mar 2021
6041-bedAED 1.08M · Jan 2021
6052-bedAED 2.3M · Jun 2013

602, Shemara in numbers

  • Sold 3 times: first on 25 October 2009 for AED 1,398,615, last on 3 April 2013 for AED 2,100,000 (AED 1,489 per sqft).
  • Two-beds in Shemara sold for AED 2,575,000–2,900,000 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 3 April 2013.

Questions about 602, Shemara

What did unit 602 last sell for?

AED 2,100,000 on 3 April 2013: AED 1,489 per sqft for 1,410 sqft. The unit has 3 registered sales; the first was AED 1,398,615 in October 2009.

How big is unit 602?

1,410 sqft (131.0 sqm): a two-bedroom apartment on the 6th floor of a 32-storey tower completed in 2008.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shemara sold for AED 2,575,000 to 2,900,000 in the last 12 months, around AED 1,968 per sqft.

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Mortgage on 602, Shemara

Starts from the last sale price (AED 2.1M, 3 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →