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Shemara Tower, Dubai Marina

Shemara Tower, Dubai Marina

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Strengths

Prime Location

Modern Amenities

High-Quality Finishes

Weakens

High Maintenance Fees

Limited Parking Space

Noise Levels

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Description

Shemara Tower, Dubai Marina

Real Estate Overview

Building Overview

  • Shemara Tower is a prominent residential high-rise located in the heart of Dubai Marina, offering stunning views of the marina and city skyline.
  • The building is conveniently situated near essential amenities such as retail outlets, fine dining, and recreational areas with proximity to the beach.
  • Residents benefit from excellent transport links, including easy access to the Dubai Metro and tram service, making commuting seamless.

Properties Overview

  • The tower features a variety of residential units, including one, two, and three-bedroom apartments tailored for diverse lifestyle needs.
  • Average rental prices range from AED 80,000 to AED 150,000 annually, while sales prices for apartments are generally between AED 1.5 million and AED 3 million.
  • Popular units often include those with marina views and spacious layouts, making them desirable for both renters and buyers.

Market Trends

  • The real estate market in Dubai Marina has shown steady growth, with rental yields averaging around 7% making it a lucrative option for investors.
  • In the past year, property values have seen an increase of approximately 12%, driven by a resurgence in demand post-pandemic.
  • Future expectations indicate a continued upward trend, supported by ongoing developments in the area and the upcoming Expo 2020 boosting tourism.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to several supermarkets, schools, and healthcare facilities such as hospitals and clinics within a short walk or drive.
  • Nearby educational institutions include reputable international schools, ensuring quality education for families.

Transportation and Accessibility

  • Shemara Tower is well-served by public transport, including the Dubai Tram and Metro, which connect residents to key areas across the city.
  • The building offers secure parking spaces for residents and guests, coupled with convenient access to major roadways.

Lifestyle Amenities

  • Onsite amenities feature a modern gym, swimming pool, and leisure spaces for residents to maintain an active lifestyle.
  • Various restaurants and cafes are located nearby, catering to diverse culinary preferences, along with luxury hotels offering additional services.

Builing Facilities

  • The building is equipped with high-speed elevators, round-the-clock security, and efficient central air conditioning for comfort.
  • An experienced maintenance team is available to ensure the building's facilities are well-maintained.

Special Services

  • Shemara Tower offers concierge services to assist residents with their inquiries and reservations.
  • Premium guest services and dedicated business centers are available, catering to both residents and occasional visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • Shemara Tower provides a range of floor plans to accommodate different lifestyles, including open-concept designs and family-friendly layouts.

Things to Consider

  • Potential tenants and buyers should consider proximity to workplaces, available amenities, and the long-term investment potential of the property.

Useful FAQs and Support

Events and Building Life

Building Events

  • Shemara Tower hosts regular community events designed to foster neighborly connections, including seasonal gatherings and social club meetings.

Community Identity

  • The building is characterized by its modern architecture and vibrant community atmosphere, making it a unique place to live in Dubai Marina.

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Detailed Buiding Insights

1. Family Friendliness

Shemara Tower provides a friendly environment for families with various spacious apartments and nearby parks, but limited play areas within the building.

Moderately Welcoming

2. Living Options

The tower offers a variety of living options including one, two, and three-bedroom apartments, catering to different family sizes and preferences.

Diverse and Abundant

3. Safety And Security

Shemara Tower boasts excellent security measures including 24-hour surveillance, guards, and controlled access, ensuring residents feel safe and secure.

Remarkably Secure

4. Transportation

With easy access to major highways and proximity to public transport, residents enjoy smooth commutes to other parts of Dubai.

Highly Convenient

5. Amenities And Facilities

The tower features swimming pools, a gym, spa facilities, and children's play areas, providing ample options for recreation and relaxation.

Richly Equipped

6. Cost Of Living

While living in Shemara Tower comes with upscale amenities and a prime location, the cost of living is on the higher side compared to surrounding areas.

Relatively High

7. Things To Do

Located near Dubai Marina, the area offers a multitude of dining, shopping, and entertainment options, making it an exciting place to live.

Vibrantly Diverse

8. Noise Levels

Though situated in a lively area, sound insulation in the tower helps maintain a peaceful living environment for residents.

Generally Peaceful

9. Pet Friendliness

Shemara Tower is pet-friendly, allowing residents to keep pets, and is situated near parks and open spaces suitable for dog walking.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

283.1K AED - 392K AED

Rent:

23.8K AED - 33.5K AED

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