2004, Al Shera Tower
Sold prices and rental history: sold once, by the developer in January 2010, 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 2004, Al Shera Tower
What is 2004 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 20th of 38
- Parking
- DMCC-3272
- Developer
- Saleh Bin Lahej Real Estate
- Completed
- 2008
- Service charge
- AED 13,400 /yr
- Last sold
- AED 670K · January 2010
- Building
- Al Shera Tower
About 2004, Al Shera Tower
2004 is a one-bedroom apartment of 993 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. The developer sold it on 21 January 2010 for AED 669,655, or AED 674 per sqft, in line with the AED 674 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 January 2026, is AED 100,000 a year: a gross yield of 14.9% on the 2010 price, before the service charge of about AED 13,400 a year.
Sales and rents for 2004 over time
2004 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Shera Tower, and where 2004 sits
All 89 1-beds →2004 last sold in January 2010 at AED 674 per sqft, in line with what one-beds in Al Shera Tower were fetching at the time (AED 674). Over the last 12 months one-beds sold for AED 1,350,000 to 1,570,000, around AED 1,459 per sqft, and rent for AED 60,000 to 120,000 a year. 2004's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 993 sqft | 1,350,000 | 1,359 | ||
| 22 Dec 202522 December 2025 | 993 sqft | 1,450,000 | 1,459 | ||
| 27 Nov 202527 November 2025 | 993 sqft | 1,570,000 | 1,580 | ||
| 10 Oct 202510 October 2025 | 993 sqft | 1,535,000 | 1,545 |
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 | |
| 2002 | 2-bed | 1,733 sqft | AED 1.85MAED 1,850,000 · Aug 2013August 2013 | 145,000 /yr | |
| 2003 | 1-bed | 993 sqft | AED 670KAED 669,655 · May 2011May 2011 | 85,000 /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 |
2004, Al Shera Tower in numbers
- Sold once: by Saleh Bin Lahej Real Estate on 21 January 2010 for AED 669,655, or AED 674 per sqft.
- Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2021 and recovered to AED 100,000 by January 2026.
- At AED 100,000 a year the gross yield on the 2010 price is 14.9%, before a service charge of about AED 13,400 a year (AED 13.53 per sqft).
- One-beds in Al Shera Tower sold for AED 1,350,000–1,570,000 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 January 2026.
Questions about 2004, Al Shera Tower
What did unit 2004 last sell for?
AED 669,655 on 21 January 2010, sold by the developer: AED 674 per sqft for 993 sqft. It is the only registered sale of the unit.
What is the rent for unit 2004?
AED 100,000 a year on the contract signed on 1 January 2026. The previous contract, from November 2024, was AED 80,000; the unit has been rented since June 2013.
How big is unit 2004?
993 sqft (92.3 sqm): a one-bedroom apartment on the 20th floor of a 38-storey tower completed in 2008.
What is unit 2004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Shera Tower sold for AED 1,350,000 to 1,570,000 in the last 12 months, around AED 1,459 per sqft.
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Mortgage on 2004, Al Shera Tower
Starts from the last sale price (AED 670K, 21 January 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 669,655
- Deposit, UAE resident (20%)
- AED 133,931
- Deposit, non-resident (40%)
- AED 267,862
- Monthly over 25 years at 3.7%
- AED 2,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →