1704, Shemara
Sold prices and rental history: sold 3 times, last in March 2025, 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 1704, Shemara
What is 1704 worth today?
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Source: Dubai Land Department. Updated 15 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 17th of 32
- Parking
- P1 - 1032
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 1.9M · March 2025
- Building
- Shemara
About 1704, Shemara
1704 is a one-bedroom apartment of 895 sqft on the 17th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 12 March 2025 for AED 1,900,000, or AED 2,122 per sqft, 7% above the AED 1,989 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 June 2025, is AED 115,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 60 1-beds →1704 last sold in March 2025 at AED 2,122 per sqft, 7% above what one-beds in Shemara were fetching at the time (AED 1,989). 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. 1704's AED 115,000 is in the lower 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 17th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 1,858 sqft | AED 2.04MAED 2,040,888 · Aug 2010August 2010 | 225,000 /yr | |
| 1702 | 2-bed | 1,410 sqft | AED 2.48MAED 2,475,000 · Jun 2017June 2017 | 175,000 /yr | |
| 1703 | 1-bed | 1,073 sqft | AED 969KAED 968,888 · Sep 2009September 2009 | 125,000 /yr | |
| 1705 | 1,350 sqft | AED 2.6MAED 2,600,000 · Nov 2025November 2025 | 130,866 /yr |
1704, Shemara in numbers
- Sold 3 times: first on 9 August 2010 for AED 795,888, last on 12 March 2025 for AED 1,900,000 (AED 2,122 per sqft).
- Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 115,000 by June 2025.
- At AED 115,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 9,900 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 15 June 2025.
Questions about 1704, Shemara
What did unit 1704 last sell for?
AED 1,900,000 on 12 March 2025: AED 2,122 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 795,888 in August 2010.
What is the rent for unit 1704?
AED 115,000 a year on the contract signed on 15 June 2025. The previous contract, from July 2021, was AED 88,000; the unit has been rented since March 2014.
How big is unit 1704?
895 sqft (83.1 sqm): a one-bedroom apartment on the 17th floor of a 32-storey tower completed in 2008.
What is unit 1704 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 1704, Shemara
Starts from the last sale price (AED 1.9M, 12 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →