304, Shemara
Sold prices and rental history: sold once, by the developer in August 2010, 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 304, Shemara
What is 304 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 3rd of 32
- Parking
- P1 - 1107
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 725K · August 2010
- Building
- Shemara
About 304, Shemara
304 is a one-bedroom apartment of 895 sqft on the 3rd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 15 August 2010 for AED 724,888, or AED 809 per sqft, 9% below the AED 889 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 115,000 a year: a gross yield of 15.9% on the 2010 price, before the service charge of about AED 9,900 a year.
Sales and rents for 304 over time
304 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 304 sits
All 60 1-beds →304 last sold in August 2010 at AED 809 per sqft, 9% below what one-beds in Shemara were fetching at the time (AED 889). 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. 304'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 3rd floor
All 153 units in Shemara304, Shemara in numbers
- Sold once: by Emaar on 15 August 2010 for AED 724,888, or AED 809 per sqft.
- Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 62,700 in 2023 and recovered to AED 115,000 by November 2025.
- At AED 115,000 a year the gross yield on the 2010 price is 15.9%, 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 5 November 2025.
Questions about 304, Shemara
What did unit 304 last sell for?
AED 724,888 on 15 August 2010, sold by the developer: AED 809 per sqft for 895 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 115,000 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 72,105; the unit has been rented since August 2013.
How big is unit 304?
895 sqft (83.1 sqm): a one-bedroom apartment on the 3rd floor of a 32-storey tower completed in 2008.
What is unit 304 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 304, Shemara
Starts from the last sale price (AED 725K, 15 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 724,888
- Deposit, UAE resident (20%)
- AED 144,978
- Deposit, non-resident (40%)
- AED 289,955
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →