Al Shera
- Completed 2008
- 241 units
- 40 floors
A 2 bed in Al Shera costs a median AED 2.52M, rents long-let for AED 158,000/yr (6.3% gross), and returns 7.4% short-term at the assumed 70% occupancy.
2 bed · typical price
2.52MAED
AED 1,421/sqft
- Rent a year
- AED 158,000
- Yield after service charge
- 5.2%
- vs Jumeirah Lake Towers
- 6% below the median
Cost to buy, all inAED 2.68M
- Price
- AED 2.52M
- DLD fee 4%
- AED 101,000
- Agent 2% + VAT
- AED 53,025
- Trustee
- AED 4,200
Fees repaid by net rent14 months
Is Al Shera a good investment?Prices rising; few units change hands
- Does it pay a good rent?6.3% gross, 5.2% after the service charge (Dubai median 6.8%)6.3%Fair
- Are rents going up?New 2 bed leases: AED 158,000 a year ago, AED 158,000 now (pooled across the project)0.0%
- Are prices going up?All types: AED 1,328/sqft a year ago, 1,421 now+7.0%Strength
- How fast do fees pay back?AED 158,225 in fees to buy a 2 bed; net rent covers it in 1.2 years1.2 yrsFair
- Can I sell easily?7 sales in 12 months, 3% of the tower (28 the year before)7Watch
- Is a lot being built nearby?2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today. A further 5,571 are past their planned date. Jumeirah Lake Towers supply by year →28%Fair
- Did earlier buyers gain?Up 65% for buyers 5 years ago, before fees+65.0%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Al Shera prices and rents by unit typeA two-bed costs about AED 2.52M and rents for about AED 158,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Jumeirah Lake Towers · area median AED 1,512/sqft
- vs area median
- -6.0%
- Rank by price per sqft
- 37th of 54
Rental income
2 bed · Jumeirah Lake Towers
- Gross yield
- 6.3%
- Median new rent
- AED 158,000/yr
- Yield vs area median
- +0.0 pts
- Yield vs Dubai (6.8%)
- -0.5 pts
- Yield rank
- 13th of 25
- Renewal rent
- AED 150,000/yr
- New tenants pay vs sitting (18 renewals)
- +5.3%
Short-term income
2 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 1,005
- Net revenue
- AED 187,175/yr
- vs long-let rent
- 1.2×
- Listings seen
- 9+
Read with care
- Rental data covers the whole Alshera Tower project, not this tower alone.
- Thin sample — 4 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Jul 2009, AED 1,343,893; latest, Jun 2026, AED 2,450,000; peak, Dec 2025, AED 2,587,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,421 · before fees
- 5 years ago
- 861
- +65%
- 14 sales
- 3 years ago
- 1,159
- +23%
- 16 sales
- Previous 12 months
- 1,328
- +7%
- 28 sales
- Last 12 months
- 1,421
- today
- 7 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
7 resales in the last 12 months, against 21 a year on average over 2023–2025.
7 resales in the last 12 months.
Short-term rates around Al Shera
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Jumeirah Lake Towers
Every Jumeirah Lake Towers building with a page, ranked by price per sqft over the same 12 months, all unit types. Al Shera places 42nd of 67; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Al Shera (AED 1,421/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Al Shera has registered sale prices 6% below the Jumeirah Lake Towers median price per square foot of 1,512 AED, across 54 eligible buildings. It ranks 37th of 54 by price per square foot and 13th of 25 by gross yield in Jumeirah Lake Towers.
Market context in Jumeirah Lake Towers
Registered sales activity
885 ready apartment sales in the 12 months to 2026-10-12.
+2.9% in median AED/sqft versus the preceding year, supported by 885 current and 1,483 prior price observations.
Explore sales activityPlanned apartment projects
1,600 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
8 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today.
Ready prices per sqft fell in 25% of 68 buildings (counted once per bedroom type) in Jumeirah Lake Towers with sales in both years; the typical one moved +4.7%.
New-lease rents fell in 65% of 55 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Al Shera
Al Shera is an apartment building completed in 2008 in Jumeirah Lake Towers with 241 registered units. 186 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 14.91/sqft a year · 2026 budget
- Floors
- 40
Drive times · typical
- Downtown
- 21 min · 22 km
- DXB Airport
- 26 min · 35 km
- DIFC
- 17 min · 25 km
- Dubai Marina
- 10 min · 6.1 km
- Palm Jumeirah
- 17 min · 13 km
Nearest, as registered
- Metro
- Jumeirah Lakes Towers
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Al Shera: AED 1,421 per sq ft, 7% below the median Jumeirah Lake Towers building, and a 5.1% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Al SheraAED 1,421
- Jumeirah Lake Towers, readyAED 1,443
- Jumeirah Lake Towers, off-planAED 2,940
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Al SheraJumeirah Lake Towers median building
- Jumeirah Lake Towers5.1% vs 6.5%
Nearby in Jumeirah Lake Towers
Prices per sq ft around Al Shera, on the mapPrices per sq ft around Al Shera, on the map
Uh East by Ellington
Jumeirah Lake Towers · 57 sales, 12 months
1.76M
AED, resale median · 1,905/sqft
Uh West by Ellington
Jumeirah Lake Towers · 55 sales, 12 months
1.88M
AED, resale median · 1,923/sqft
MBL Royal
Jumeirah Lake Towers · 39 sales, 12 months
2.00M
AED, resale median · 1,954/sqft
Concorde Tower 1
Jumeirah Lake Towers · 34 sales, 12 months
1.08M
AED, resale median · 1,254/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedRead with care
- Rental evidence · 2 bedRead with care
- Service chargeAED 14.91/sqft a year, 2026 owners-association budget; 5.2% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Al Shera’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 11,228AED
- 4.5% over 25 years
- Monthly rent
- 13,167AED
- AED 158,000 a year
- Cash needed at purchase
- 691,475AED
- 20% down plus AED 186,475 in fees
Owning costs AED 567,595 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Al Shera?
- Al Shera returns 6.3% gross: a median new-contract rent of AED 158,000 a year (20 Ejari contracts in 12 months) over a price benchmark of AED 2.52M (median of 4 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in Al Shera cost?
- The median registered sale price is AED 2.52M (1,421 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What is the registered annual rent for a 2 bedroom in Al Shera?
- The median new annual rent is AED 158,000, from 20 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Al Shera risen or fallen?
- The median new annual rent changed 0.0% in the trailing 12 months against the previous 12, using 20 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Does Al Shera earn more short-term than long-let?
- A night asks a median of AED 1,005, which models to 7.4% net at an assumed 70% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.3% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
For agents
Send this page to a client as a branded report
Al Shera sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 4 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/al-shera
Stable dataJSON