702, Shemara
Sold prices and rental history: sold once, by the developer in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Shemara
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Source: Dubai Land Department. Updated 26 December 2011.
Key facts
- Type
- 2-bed apartment
- Size
- 1,410 sqft
- Floor
- 7th of 32
- Parking
- P4 - 4093
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,700 /yr
- Last sold
- AED 1.59M · December 2011
- Building
- Shemara
About 702, Shemara
702 is a two-bedroom apartment of 1,410 sqft on the 7th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 26 December 2011 for AED 1,587,888, or AED 1,126 per sqft, in line with the AED 1,121 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 702 over time
702 has sold once; the dashed line is the two-bed median of each year in the building.
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 702 sits
All 61 2-beds →702 last sold in December 2011 at AED 1,126 per sqft, in line with what two-beds in Shemara were fetching at the time (AED 1,121). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202614 July 2026 | 1,410 sqft | 2,815,000 | 1,996 | ||
| 22 Jun 202622 June 2026 | 1,410 sqft | 2,875,000 | 2,039 | ||
| 15 Apr 202615 April 2026 | 1,350 sqft | 2,750,000 | 2,037 | ||
| 7 Jan 20267 January 2026 | 1,495 sqft | 2,900,000 | 1,939 |
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 Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,858 sqft | AED 4.8MAED 4,800,000 · Feb 2026February 2026 | 290,000 /yr | |
| 703 | 1-bed | 1,073 sqft | AED 1.17MAED 1,165,000 · Apr 2021April 2021 | 170,000 /yr | |
| 704 | 1-bed | 895 sqft | AED 1.6MAED 1,600,000 · Feb 2024February 2024 | 115,000 /yr | |
| 705 | 2-bed | 1,350 sqft | AED 1.85MAED 1,845,000 · May 2021May 2021 | 190,000 /yr |
702, Shemara in numbers
- Sold once: by Emaar on 26 December 2011 for AED 1,587,888, or AED 1,126 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 26 December 2011.
Questions about 702, Shemara
What did unit 702 last sell for?
AED 1,587,888 on 26 December 2011, sold by the developer: AED 1,126 per sqft for 1,410 sqft. It is the only registered sale of the unit.
How big is unit 702?
1,410 sqft (131.0 sqm): a two-bedroom apartment on the 7th floor of a 32-storey tower completed in 2008.
What is unit 702 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 702, Shemara
Starts from the last sale price (AED 1.59M, 26 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,587,888
- Deposit, UAE resident (20%)
- AED 317,578
- Deposit, non-resident (40%)
- AED 635,155
- Monthly over 25 years at 3.7%
- AED 6,497
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →