1005, Shemara
Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Shemara
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- Apartment
- Size
- 1,350 sqft
- Floor
- 10th of 32
- Parking
- P4 - 4053
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,000 /yr
- Last sold
- AED 2.52M · July 2009
- Building
- Shemara
About 1005, Shemara
1005 is an apartment of 1,350 sqft on the 10th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 7 July 2009 for AED 2,523,500, or AED 1,869 per sqft.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 125,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 15,000 a year.
Shemara
Building153 apartments, studios to 3-bed over 32 floors in Dubai Marina, completed in 2008 by Emaar. 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,119
- Typical sale
- AED 2.59M
- Typical rent
- AED 153K /yr
- Typical yield
- 5.9%
Other units on the 10th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,858 sqft | AED 1.88MAED 1,878,888 · Aug 2010August 2010 | 240,000 /yr | |
| 1002 | 2-bed | 1,410 sqft | AED 1.93MAED 1,930,000 · Dec 2018December 2018 | 155,000 /yr | |
| 1003 | 1-bed | 1,073 sqft | AED 1.43MAED 1,425,000 · Dec 2012December 2012 | 105,000 /yr | |
| 1004 | 1-bed | 895 sqft | AED 1.94MAED 1,940,000 · May 2025May 2025 | 123,000 /yr |
1005, Shemara in numbers
- Sold once: by Emaar on 7 July 2009 for AED 2,523,500, or AED 1,869 per sqft.
- Rented since February 2014 on 7 Ejari contracts, from AED 155,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 15,000 a year (AED 11.10 per sqft).
Source: Dubai Land Department. Updated 1 April 2023.
Questions about 1005, Shemara
What did unit 1005 last sell for?
AED 2,523,500 on 7 July 2009, sold by the developer: AED 1,869 per sqft for 1,350 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 125,000 a year on the contract renewed on 1 April 2023. The previous contract, from March 2022, was AED 125,000; the unit has been rented since February 2014.
How big is unit 1005?
1,350 sqft (125.4 sqm): an apartment on the 10th floor of a 32-storey tower completed in 2008.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1005, Shemara
Starts from the last sale price (AED 2.52M, 7 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,523,500
- Deposit, UAE resident (20%)
- AED 504,700
- Deposit, non-resident (40%)
- AED 1,009,400
- Monthly over 25 years at 3.7%
- AED 10,324
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →