1306, Al Shera Tower
Sold prices and rental history: sold 3 times, last in June 2024, 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 1306, Al Shera Tower
What is 1306 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,737 sqft
- Floor
- 13th of 38
- Parking
- DMCC-0075,DMCC-2162
- Developer
- Saleh Bin Lahej Real Estate
- Completed
- 2008
- Service charge
- AED 37,000 /yr
- Last sold
- AED 3.48M · June 2024
- Building
- Al Shera Tower
About 1306, Al Shera Tower
1306 is a three-bedroom apartment of 2,737 sqft on the 13th floor of Al Shera Tower, a 38-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saleh Bin Lahej Real Estate. It last sold on 7 June 2024 for AED 3,475,000, or AED 1,269 per sqft, 4% above the AED 1,224 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 255,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 37,000 a year.
Sales and rents for 1306 over time
1306 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Shera Tower, and where 1306 sits
All 62 3-beds →1306 last sold in June 2024 at AED 1,269 per sqft, 4% above what three-beds in Al Shera Tower were fetching at the time (AED 1,224). 1306's AED 255,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 3,657 sqft | 4,450,000 | 1,217 | ||
| 16 Jun 202516 June 2025 | 3,655 sqft | 4,435,000 | 1,213 | ||
| 16 May 202516 May 2025 | 2,737 sqft | 3,750,000 | 1,369 | ||
| 28 Feb 202528 February 2025 | 2,737 sqft | 4,100,000 | 1,497 |
Al Shera Tower
Building241 apartments, 1-bed to 3-bed over 38 floors in Jumeirah Lake Towers (JLT), completed in 2008 by Saleh Bin Lahej Real Estate. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,454
- Typical sale
- AED 2.45M
- Typical rent
- AED 105K /yr
- Typical yield
- 6.0%
Other units on the 13th floor
All 241 units in Al Shera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 3-bed | 2,846 sqft | AED 2.85MAED 2,850,000 · Aug 2017August 2017 | ||
| 1302 | 2-bed | 1,733 sqft | AED 1.83MAED 1,825,000 · Oct 2022October 2022 | 76,000 /yr | |
| 1303 | 1-bed | 993 sqft | AED 660KAED 660,000 · Jan 2017January 2017 | 86,000 /yr | |
| 1304 | 1-bed | 993 sqft | AED 619KAED 619,305 · Feb 2010February 2010 | 76,000 /yr | |
| 1305 | 2-bed | 1,733 sqft | AED 1.95MAED 1,950,000 · Oct 2016October 2016 | 156,000 /yr |
1306, Al Shera Tower in numbers
- Sold 3 times: first on 2 May 2011 for AED 1,695,555, last on 7 June 2024 for AED 3,475,000 (AED 1,269 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 100,000 in 2021 and recovered to AED 255,000 by September 2026.
- At AED 255,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 37,000 a year (AED 13.53 per sqft).
Source: Dubai Land Department. Updated 5 September 2026.
Questions about 1306, Al Shera Tower
What did unit 1306 last sell for?
AED 3,475,000 on 7 June 2024: AED 1,269 per sqft for 2,737 sqft. The unit has 3 registered sales; the first was AED 1,695,555 in May 2011.
What is the rent for unit 1306?
AED 255,000 a year on the contract renewed on 5 September 2026. The previous contract, from September 2025, was AED 255,000; the unit has been rented since September 2013.
How big is unit 1306?
2,737 sqft (254.3 sqm): a three-bedroom apartment on the 13th floor of a 38-storey tower completed in 2008.
What is unit 1306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1306, Al Shera Tower
Starts from the last sale price (AED 3.48M, 7 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,475,000
- Deposit, UAE resident (20%)
- AED 695,000
- Deposit, non-resident (40%)
- AED 1,390,000
- Monthly over 25 years at 3.7%
- AED 14,217
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →