703, Shemara
Sold prices and rental history: sold 3 times, last in April 2021, 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 703, Shemara
What is 703 worth today?
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Source: Dubai Land Department. Updated 10 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Floor
- 7th of 32
- Parking
- P1 - 1037
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.17M · April 2021
- Building
- Shemara
About 703, Shemara
703 is a one-bedroom apartment of 1,073 sqft on the 7th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 25 April 2021 for AED 1,165,000, or AED 1,085 per sqft, in line with the AED 1,118 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 10 October 2026, is AED 170,000 a year: a gross yield of 14.6% on the 2021 price, before the service charge of about AED 11,900 a year.
Sales and rents for 703 over time
703 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 703 sits
All 61 1-beds →703 last sold in April 2021 at AED 1,085 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 1,118). 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. 703's AED 170,000 is at the top 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 7th floor
All 153 units in Shemara703, Shemara in numbers
- Sold 3 times: first on 2 September 2010 for AED 916,888, last on 25 April 2021 for AED 1,165,000 (AED 1,085 per sqft).
- Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 86,000 in 2021 and recovered to AED 170,000 by October 2026.
- At AED 170,000 a year the gross yield on the 2021 price is 14.6%, before a service charge of about AED 11,900 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 10 October 2026.
Questions about 703, Shemara
What did unit 703 last sell for?
AED 1,165,000 on 25 April 2021: AED 1,085 per sqft for 1,073 sqft. The unit has 3 registered sales; the first was AED 916,888 in September 2010.
What is the rent for unit 703?
AED 170,000 a year on the contract signed on 10 October 2026. The previous contract, from June 2024, was AED 126,000; the unit has been rented since January 2015.
How big is unit 703?
1,073 sqft (99.7 sqm): a one-bedroom apartment on the 7th floor of a 32-storey tower completed in 2008.
What is unit 703 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 703, Shemara
Starts from the last sale price (AED 1.17M, 25 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,165,000
- Deposit, UAE resident (20%)
- AED 233,000
- Deposit, non-resident (40%)
- AED 466,000
- Monthly over 25 years at 3.7%
- AED 4,766
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →