2002, Al Shera Tower
Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, Al Shera Tower
What is 2002 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,733 sqft
- Floor
- 20th of 38
- Parking
- DMCC-3270
- Developer
- Saleh Bin Lahej Real Estate
- Completed
- 2008
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.85M · August 2013
- Building
- Al Shera Tower
About 2002, Al Shera Tower
2002 is a two-bedroom apartment of 1,733 sqft on the 20th 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 1 August 2013 for AED 1,850,000, or AED 1,067 per sqft, 41% above the AED 755 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 145,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 23,400 a year.
Sales and rents for 2002 over time
2002 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Shera Tower, and where 2002 sits
All 90 2-beds →2002 last sold in August 2013 at AED 1,067 per sqft, 41% above what two-beds in Al Shera Tower were fetching at the time (AED 755). Over the last 12 months two-beds sold for AED 2,450,000 to 2,750,000, around AED 1,438 per sqft, and rent for AED 100,000 to 175,000 a year. 2002's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,733 sqft | 2,750,000 | 1,586 | ||
| 3 Nov 20263 November 2026 | 1,733 sqft | 2,520,000 | 1,454 | ||
| 5 Jun 20265 June 2026 | 1,724 sqft | 2,450,000 | 1,421 | ||
| 16 Jan 202616 January 2026 | 1,730 sqft | 2,650,000 | 1,531 |
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 20th floor
All 241 units in Al Shera Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 3-bed | 2,737 sqft | AED 3.13MAED 3,125,000 · Feb 2016February 2016 | 170,000 /yr | |
| 2003 | 1-bed | 993 sqft | AED 670KAED 669,655 · May 2011May 2011 | 85,000 /yr | |
| 2004 | 1-bed | 993 sqft | AED 670KAED 669,655 · Jan 2010January 2010 | 100,000 /yr | |
| 2005 | 2-bed | 1,733 sqft | AED 1.11MAED 1,111,885 · Jan 2010January 2010 | 130,000 /yr | |
| 2006 | 3-bed | 2,737 sqft | AED 1.9MAED 1,900,000 · Feb 2013February 2013 | 130,000 /yr |
2002, Al Shera Tower in numbers
- Sold twice: first on 30 June 2010 for AED 1,111,885, last on 1 August 2013 for AED 1,850,000 (AED 1,067 per sqft).
- Rented since August 2016 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 145,000 by December 2024.
- At AED 145,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 23,400 a year (AED 13.53 per sqft).
- Two-beds in Al Shera Tower sold for AED 2,450,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,454 per sqft.
Source: Dubai Land Department. Updated 1 December 2024.
Questions about 2002, Al Shera Tower
What did unit 2002 last sell for?
AED 1,850,000 on 1 August 2013: AED 1,067 per sqft for 1,733 sqft. The unit has 2 registered sales; the first was AED 1,111,885 in June 2010.
What is the rent for unit 2002?
AED 145,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 145,000; the unit has been rented since August 2016.
How big is unit 2002?
1,733 sqft (161.0 sqm): a two-bedroom apartment on the 20th floor of a 38-storey tower completed in 2008.
What is unit 2002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Shera Tower sold for AED 2,450,000 to 2,750,000 in the last 12 months, around AED 1,438 per sqft.
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Mortgage on 2002, Al Shera Tower
Starts from the last sale price (AED 1.85M, 1 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →