1606, Al Shera Tower
Sold prices and rental history: sold twice, last in March 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Al Shera Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 4 March 2012.
Key facts
- Type
- 3-bed apartment
- Size
- 2,737 sqft
- Floor
- 16th of 38
- Parking
- DMCC-0080,DMCC-,2167
- Developer
- Saleh Bin Lahej Real Estate
- Completed
- 2008
- Service charge
- AED 37,000 /yr
- Last sold
- AED 908K · March 2012
- Building
- Al Shera Tower
About 1606, Al Shera Tower
1606 is a three-bedroom apartment of 2,737 sqft on the 16th 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 4 March 2012 for AED 907,500, or AED 331 per sqft, 49% below the AED 644 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1606 over time
1606 has sold twice; 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 1606 sits
All 62 3-beds →1606 last sold in March 2012 at AED 331 per sqft, 49% below what three-beds in Al Shera Tower were fetching at the time (AED 644).
| 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 16th floor
All 241 units in Al Shera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,737 sqft | AED 988KAED 987,500 · Apr 2012April 2012 | ||
| 1602 | 2-bed | 1,733 sqft | AED 1.83MAED 1,825,000 · Mar 2019March 2019 | 170,000 /yr | |
| 1603 | 1-bed | 993 sqft | AED 335KAED 334,828 · Feb 2010February 2010 | ||
| 1604 | 1-bed | 993 sqft | AED 1.04MAED 1,040,000 · Apr 2013April 2013 | 40,000 /yr | |
| 1605 | 2-bed | 1,733 sqft | AED 2.52MAED 2,520,000 · Nov 2026November 2026 | 130,000 /yr |
1606, Al Shera Tower in numbers
- Sold twice: first on 28 December 2011 for AED 1,736,910, last on 4 March 2012 for AED 907,500 (AED 331 per sqft).
Source: Dubai Land Department. Updated 4 March 2012.
Questions about 1606, Al Shera Tower
What did unit 1606 last sell for?
AED 907,500 on 4 March 2012: AED 331 per sqft for 2,737 sqft. The unit has 2 registered sales; the first was AED 1,736,910 in December 2011.
How big is unit 1606?
2,737 sqft (254.3 sqm): a three-bedroom apartment on the 16th floor of a 38-storey tower completed in 2008.
What is unit 1606 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1606? Put it on the OpenOffers board
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Mortgage on 1606, Al Shera Tower
Starts from the last sale price (AED 908K, 4 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 907,500
- Deposit, UAE resident (20%)
- AED 181,500
- Deposit, non-resident (40%)
- AED 363,000
- Monthly over 25 years at 3.7%
- AED 3,713
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →