2-bed · 1,350 sqftShemara, Dubai Marina · 25th floor · completed 2008

2505, Shemara

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2505 · DLD and Ejari recordsUpdated 27 April 2023
Last soldAED 2.4M27 April 2023
Current rentAED 130K /yr10 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2505, Shemara

What is 2505 worth today?

Last sold for AED 2,400,000 in 2023

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27 Apr 2023SoldReady
AED 2,400,000AED 1,777 per sqft
10 May 2022RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
10 Apr 2021RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
10 Apr 2020RentedRenewal
AED 115,000/yr12 months · AED 85 per sqft
10 Apr 2019RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
9 Apr 2017RentedRenewal
AED 180,000/yr12 months · AED 134 per sqft
9 Apr 2016RentedNew contract
AED 180,000/yr12 months · AED 134 per sqft
30 Jul 2015SoldReady
AED 2,400,000AED 1,777 per sqft

Source: Dubai Land Department. Updated 27 April 2023.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
25th of 32
Parking
P1 - 1006
Developer
Emaar
Completed
2008
Service charge
AED 15,000 /yr
Last sold
AED 2.4M · April 2023
Building
Shemara

About 2505, Shemara

2505 is a two-bedroom apartment of 1,350 sqft on the 25th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 27 April 2023 for AED 2,400,000, or AED 1,777 per sqft, 8% above the AED 1,640 two-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 10 May 2022, is AED 130,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 15,000 a year.

Sales and rents for 2505 over time

Sales
Unit 2505, each saleTypical two-bed in Shemara
2M3M2009201420192024Typical sale price by year: 2009 AED 1,415,535; 2010 AED 1,597,500; 2011 AED 1,521,888; 2012 AED 1,650,000; 2013 AED 2,350,000; 2014 AED 3,150,000; 2015 AED 2,550,000; 2017 AED 2,260,000; 2018 AED 1,930,000; 2019 AED 1,650,000; 2021 AED 1,922,500; 2022 AED 2,250,000; 2023 AED 2,400,000; 2024 AED 2,775,000; 2025 AED 2,920,000Sold by developer, March 2010: AED 2,779,171 (AED 2,058 per sqft)Sold, July 2015: AED 2,400,000 (AED 1,777 per sqft)Sold, April 2023: AED 2,400,000 (AED 1,777 per sqft)

2505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2505, each contractTypical two-bed in Shemara
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 152,250; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 122,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 110,321; 2023 AED 130,000; 2024 AED 155,000; 2025 AED 154,500; 2026 AED 170,000New contract, March 2014: AED 146,606 a yearNew contract, April 2016: AED 180,000 a yearRenewal, April 2017: AED 180,000 a yearNew contract, April 2019: AED 120,000 a yearRenewal, April 2020: AED 115,000 a yearNew contract, April 2021: AED 105,000 a yearNew contract, May 2022: AED 130,000 a year

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 2505 sits

All 59 2-beds →

2505 last sold in April 2023 at AED 1,777 per sqft, 8% above what two-beds in Shemara were fetching at the time (AED 1,640). Over the last 12 months two-beds sold for AED 2,575,000 to 2,900,000, around AED 1,925 per sqft, and rent for AED 125,000 to 220,000 a year. 2505's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 20262,900,000
15 Dec 20252,575,000
16 Jun 20252,685,000
8 May 20252,920,000
3 2-bed sales in the last 12 months

Shemara

Building

153 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%
Shemara, Dubai Marina: prices, sales and rents →

Other units on the 25th floor

All 153 units in Shemara
Value
2501AED 2.16M · Nov 2009
25022-bedAED 2.15M · Jun 2022
25031-bedAED 1.29M · Dec 2012
25041-bedAED 1.65M · Jul 2009

2505, Shemara in numbers

  • Sold 3 times: first on 11 March 2010 for AED 2,779,171, last on 27 April 2023 for AED 2,400,000 (AED 1,777 per sqft).
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 146,606 to AED 105,000 in 2021 and recovered to AED 130,000 by May 2022.
  • At AED 130,000 a year the gross yield on the 2023 price is 5.4%, 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 2,119 per sqft.

Source: Dubai Land Department. Updated 27 April 2023.

Questions about 2505, Shemara

What did unit 2505 last sell for?

AED 2,400,000 on 27 April 2023: AED 1,777 per sqft for 1,350 sqft. The unit has 3 registered sales; the first was AED 2,779,171 in March 2010.

What is the rent for unit 2505?

AED 130,000 a year on the contract signed on 10 May 2022. The previous contract, from April 2021, was AED 105,000; the unit has been rented since March 2014.

How big is unit 2505?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 25th floor of a 32-storey tower completed in 2008.

What is unit 2505 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 1,925 per sqft.

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Mortgage on 2505, Shemara

Starts from the last sale price (AED 2.4M, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →