Al Shera
A 2 bed in Al Shera costs a median AED 2.38M, rents long-let for AED 156,000/yr (6.37% gross), and returns 9.15% short-let at the assumed 80% occupancy — -0.0 pts vs Jumeirah Lake Towers's 6.42% and -0.6 pts vs Dubai's 6.97% — from 17 sales and 45 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 5 in 12 months
- Rental contracts · 2 bed
- 22 in 12 months
- Buy
- 2.38MAED
- AED 1,421/sqft
- Long-let
- 6.37%
- AED 156,000/yr
- Short-let
- 9.15%
- AED 1,005/night · 0.57/sqft
Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent June 2026.
Priced off the last 5 sales — most recent June 2026.
- Yield spread
- -0.0 pts
- vs the Jumeirah Lake Towers median for this unit type
- Turnover upside
- +7.6%
- new tenants pay more than sitting ones — 38 renewals
- AED/yr/sqft
- AED 87
- Sales
- 17
- Rental contracts
- 45
- Renewal rent
- AED 145,000/yr
- 12 months
- +6.4%
- 3 years
- +25.9%+8.0%/yr
- 5 years
- +48.2%+8.2%/yr
Based on 17 sales and 45 rental contracts in the last 24 months. Rental data covers the whole Alshera Tower project, not this tower alone.
Al Shera is an apartment building in Jumeirah Lake Towers, Dubai, one of the towers in the Alshera Tower development. The closest metro station is Jumeirah Lakes Towers, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 370 registered sales in all — the 17 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Al Shera, by year.
Chart data: Jan 2015, 1357 AED/sqft; latest, Jun 2026, 1476 AED/sqft; peak, Oct 2025, 1545 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Jumeirah Lake Towers median for the same unit type. How these yields are computed
How these yields are computed
- 3 bed: Priced off the last 5 sales — most recent July 2025.
Short-let rates around Al Shera
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.49 AED/night/sqft; latest Sep 2027, 0.48 AED/night/sqft; peak Dec 2026, 0.72 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
8 resales in the last 12 months, against 21 a year on average over 2023–2025.
Sales
1 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 40
- Flats
- 241
Nearby
- Metro
- Jumeirah Lakes Towers
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Compare with nearby buildings
The most-traded buildings in Jumeirah Lake Towers, on the same figures over the same window.
- Highest rental yields in Jumeirah Lake Towers · Al Shera places 26th of 31
Common questions
- What is the rental yield in Al Shera?
- Al Shera returns 6.37% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 45 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in Al Shera cost?
- The median registered sale price is AED 2.38M (1,349 AED/sqft), from 17 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Al Shera selling for right now?
- Registered sales of ready units in Al Shera over the last 12 months have a median of 1,421 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Al Shera risen or fallen?
- Median price per square foot moved +6.4% over the last 12 months against the 12 before it, on 17 registered sales. On a sample this size, read the direction rather than the exact figure.
- Does Al Shera earn more short-let than long-let?
- A night asks a median of AED 1,005, which models to 9.15% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.37% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Al Shera sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 17 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/jumeirah-lake-towers/al-shera
Cite as: Dubai Wealth Index. “Al Shera sale prices and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/al-shera.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.