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1-bed · 895 sqftShemara, Dubai Marina · 27th floor · completed 2008

2704, Shemara

Sold prices and rental history: sold once, by the developer in November 2011, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 23 October 2025
Last soldAED 890K14 November 2011
Current rentAED 115K /yr23 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2704, Shemara

What is 2704 worth today?

Last sold for AED 889,888 in 2011

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23 Oct 2025RentedRenewal
AED 115,000/yr12 months · AED 129 per sqft
23 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 129 per sqft
23 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 129 per sqft
14 Nov 2011Sold by developerReady
AED 889,888AED 994 per sqft

Source: Dubai Land Department. Updated 23 October 2025.

Key facts

Type
1-bed apartment
Size
895 sqft
Floor
27th of 32
Parking
P1 - 1015
Developer
Emaar
Completed
2008
Service charge
AED 9,900 /yr
Last sold
AED 890K · November 2011
Building
Shemara

About 2704, Shemara

2704 is a one-bedroom apartment of 895 sqft on the 27th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 14 November 2011 for AED 889,888, or AED 994 per sqft, 18% above the AED 845 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 23 October 2025, is AED 115,000 a year: a gross yield of 12.9% on the 2011 price, before the service charge of about AED 9,900 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical one-bed in Shemara
1M2M2009201420192024Typical sale price by year: 2009 AED 886,315; 2010 AED 1,030,000; 2011 AED 898,388; 2012 AED 1,296,500; 2013 AED 1,350,000; 2014 AED 1,837,500; 2015 AED 1,007,500; 2016 AED 1,500,000; 2017 AED 1,685,000; 2018 AED 1,500,000; 2021 AED 1,182,500; 2023 AED 1,650,000; 2024 AED 1,730,000; 2025 AED 2,104,000Sold by developer, November 2011: AED 889,888 (AED 994 per sqft)

2704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, each contractTypical one-bed in Shemara
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 100,000; 2014 AED 115,000; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 85,500; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 87,500; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 122,500; 2026 AED 135,000New contract, October 2023: AED 115,000 a yearNew contract, October 2024: AED 115,000 a yearRenewal, October 2025: AED 115,000 a year

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 2704 sits

All 60 1-beds →

2704 last sold in November 2011 at AED 994 per sqft, 18% above what one-beds in Shemara were fetching at the time (AED 845). 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. 2704's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jan 202638,494
12 Dec 20252,058,000
9 Dec 20252,300,000
11 Jun 20252,280,000
3 1-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 27th floor

All 153 units in Shemara
Value
27013-bedAED 4.04M · Aug 2010
27022-bedAED 1.71M · Sep 2011
27031-bedAED 1.08M · Nov 2011
27052-bedAED 2.6M · Mar 2024

2704, Shemara in numbers

  • Sold once: by Emaar on 14 November 2011 for AED 889,888, or AED 994 per sqft.
  • Rented since October 2023 on 3 Ejari contracts, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2011 price is 12.9%, 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 23 October 2025.

Questions about 2704, Shemara

What did unit 2704 last sell for?

AED 889,888 on 14 November 2011, sold by the developer: AED 994 per sqft for 895 sqft. It is the only registered sale of the unit.

What is the rent for unit 2704?

AED 115,000 a year on the contract renewed on 23 October 2025. The previous contract, from October 2024, was AED 115,000; the unit has been rented since October 2023.

How big is unit 2704?

895 sqft (83.1 sqm): a one-bedroom apartment on the 27th floor of a 32-storey tower completed in 2008.

What is unit 2704 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 2704, Shemara

Starts from the last sale price (AED 890K, 14 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 889,888
Deposit, UAE resident (20%)
AED 177,978
Deposit, non-resident (40%)
AED 355,955
Monthly over 25 years at 3.7%
AED 3,641

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →