705, Shemara
Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Shemara
What is 705 worth today?
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Source: Dubai Land Department. Updated 11 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,350 sqft
- Floor
- 7th of 32
- Parking
- P2 - 2011
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.85M · May 2021
- Building
- Shemara
About 705, Shemara
705 is a two-bedroom apartment of 1,350 sqft on the 7th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 24 May 2021 for AED 1,845,000, or AED 1,366 per sqft, in line with the AED 1,366 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 11 January 2026, is AED 190,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 15,000 a year.
Sales and rents for 705 over time
705 has sold 4 times; 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 705 sits
All 61 2-beds →705 last sold in May 2021 at AED 1,366 per sqft, in line with what two-beds in Shemara were fetching at the time (AED 1,366). 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. 705's AED 190,000 is in the upper half of that range.
| 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 | |
| 702 | 2-bed | 1,410 sqft | AED 1.59MAED 1,587,888 · Dec 2011December 2011 | ||
| 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, Shemara in numbers
- Sold 4 times: first on 16 February 2012 for AED 1,256,888, last on 24 May 2021 for AED 1,845,000 (AED 1,366 per sqft).
- Rented since April 2016 on 7 Ejari contracts, from AED 145,000 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 15,000 a year (AED 11.10 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 11 January 2026.
Questions about 705, Shemara
What did unit 705 last sell for?
AED 1,845,000 on 24 May 2021: AED 1,366 per sqft for 1,350 sqft. The unit has 4 registered sales; the first was AED 1,256,888 in February 2012.
What is the rent for unit 705?
AED 190,000 a year on the contract signed on 11 January 2026. The previous contract, from October 2024, was AED 195,500; the unit has been rented since April 2016.
How big is unit 705?
1,350 sqft (125.4 sqm): a two-bedroom apartment on the 7th floor of a 32-storey tower completed in 2008.
What is unit 705 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 705, Shemara
Starts from the last sale price (AED 1.85M, 24 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,845,000
- Deposit, UAE resident (20%)
- AED 369,000
- Deposit, non-resident (40%)
- AED 738,000
- Monthly over 25 years at 3.7%
- AED 7,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →