1403, Shemara
Sold prices and rental history: sold once, by the developer in December 2011, 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 1403, Shemara
What is 1403 worth today?
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Source: Dubai Land Department. Updated 20 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Floor
- 14th of 32
- Parking
- P3 - 3074
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,900 /yr
- Last sold
- AED 953K · December 2011
- Building
- Shemara
About 1403, Shemara
1403 is a one-bedroom apartment of 1,073 sqft on the 14th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 28 December 2011 for AED 952,888, or AED 888 per sqft, in line with the AED 864 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 20 August 2025, is AED 130,000 a year: a gross yield of 13.6% on the 2011 price, before the service charge of about AED 11,900 a year.
Sales and rents for 1403 over time
1403 has sold once; 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 1403 sits
All 60 1-beds →1403 last sold in December 2011 at AED 888 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 864). Over the last 12 months one-beds sold for AED 2,058,000 to 2,300,000, around AED 2,434 per sqft, and rent for AED 104,439 to 155,000 a year. 1403's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 895 sqft | 38,494 | 43 | ||
| 12 Dec 202512 December 2025 | 895 sqft | 2,058,000 | 2,299 | ||
| 9 Dec 20259 December 2025 | 895 sqft | 2,300,000 | 2,569 | ||
| 11 Jun 202511 June 2025 | 895 sqft | 2,280,000 | 2,547 |
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 14th floor
All 153 units in Shemara1403, Shemara in numbers
- Sold once: by Emaar on 28 December 2011 for AED 952,888, or AED 888 per sqft.
- Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 132,000 to AED 83,000 in 2021 and recovered to AED 130,000 by August 2025.
- At AED 130,000 a year the gross yield on the 2011 price is 13.6%, before a service charge of about AED 11,900 a year (AED 11.10 per sqft).
- One-beds in Shemara sold for AED 2,058,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,119 per sqft.
Source: Dubai Land Department. Updated 20 August 2025.
Questions about 1403, Shemara
What did unit 1403 last sell for?
AED 952,888 on 28 December 2011, sold by the developer: AED 888 per sqft for 1,073 sqft. It is the only registered sale of the unit.
What is the rent for unit 1403?
AED 130,000 a year on the contract renewed on 20 August 2025. The previous contract, from August 2024, was AED 130,000; the unit has been rented since October 2013.
How big is unit 1403?
1,073 sqft (99.7 sqm): a one-bedroom apartment on the 14th floor of a 32-storey tower completed in 2008.
What is unit 1403 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 2,058,000 to 2,300,000 in the last 12 months, around AED 2,434 per sqft.
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Mortgage on 1403, Shemara
Starts from the last sale price (AED 953K, 28 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 952,888
- Deposit, UAE resident (20%)
- AED 190,578
- Deposit, non-resident (40%)
- AED 381,155
- Monthly over 25 years at 3.7%
- AED 3,899
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →