701, Shemara
Sold prices and rental history: sold 5 times, last in February 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Shemara
What is 701 worth today?
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Source: Dubai Land Department. Updated 16 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,858 sqft
- Floor
- 7th of 32
- Parking
- P1 - 1013, P1 - 1014
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,600 /yr
- Last sold
- AED 4.8M · February 2026
- Building
- Shemara
About 701, Shemara
701 is a three-bedroom apartment of 1,858 sqft on the 7th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 16 February 2026 for AED 4,800,000, or AED 2,583 per sqft, 10% above the AED 2,341 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 16 February 2026, is AED 290,000 a year: a gross yield of 6.0% on the 2026 price, before the service charge of about AED 20,600 a year.
Sales and rents for 701 over time
701 has sold 5 times; 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 701 sits
All 30 3-beds →701 last sold in February 2026 at AED 2,583 per sqft, 10% above what three-beds in Shemara were fetching at the time (AED 2,341). 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. 701's AED 290,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 8 Jan 20248 January 2024 | 1,858 sqft | 3,865,000 | 2,080 |
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 7th floor
All 153 units in Shemara701, Shemara in numbers
- Sold 5 times: first on 7 July 2009 for AED 1,917,888, last on 16 February 2026 for AED 4,800,000 (AED 2,583 per sqft).
- Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 230,000 to AED 140,000 in 2020 and recovered to AED 290,000 by February 2026.
- At AED 290,000 a year the gross yield on the 2026 price is 6.0%, 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 16 February 2026.
Questions about 701, Shemara
What did unit 701 last sell for?
AED 4,800,000 on 16 February 2026: AED 2,583 per sqft for 1,858 sqft. The unit has 5 registered sales; the first was AED 1,917,888 in July 2009.
What is the rent for unit 701?
AED 290,000 a year on the contract signed on 16 February 2026. The previous contract, from February 2026, was AED 285,000; the unit has been rented since September 2013.
How big is unit 701?
1,858 sqft (172.6 sqm): a three-bedroom apartment on the 7th floor of a 32-storey tower completed in 2008.
What is unit 701 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 701, Shemara
Starts from the last sale price (AED 4.8M, 16 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 4,800,000
- Deposit, UAE resident (20%)
- AED 960,000
- Deposit, non-resident (40%)
- AED 1,920,000
- Monthly over 25 years at 3.7%
- AED 19,638
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →