2005, 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 2005, Al Shera Tower
What is 2005 worth today?
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Source: Dubai Land Department. Updated 10 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,733 sqft
- Floor
- 20th of 38
- Parking
- DMCC-3273
- Developer
- Saleh Bin Lahej Real Estate
- Completed
- 2008
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.11M · January 2010
- Building
- Al Shera Tower
About 2005, Al Shera Tower
2005 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. The developer sold it on 21 January 2010 for AED 1,111,885, or AED 641 per sqft, in line with the AED 651 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 130,000 a year: a gross yield of 11.7% on the 2010 price, before the service charge of about AED 23,400 a year.
Sales and rents for 2005 over time
2005 has sold once; 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 2005 sits
All 90 2-beds →2005 last sold in January 2010 at AED 641 per sqft, in line with what two-beds in Al Shera Tower were fetching at the time (AED 651). 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. 2005's AED 130,000 is in the lower 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 | |
| 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 | |
| 2004 | 1-bed | 993 sqft | AED 670KAED 669,655 · Jan 2010January 2010 | 100,000 /yr | |
| 2006 | 3-bed | 2,737 sqft | AED 1.9MAED 1,900,000 · Feb 2013February 2013 | 130,000 /yr |
2005, Al Shera Tower in numbers
- Sold once: by Saleh Bin Lahej Real Estate on 21 January 2010 for AED 1,111,885, or AED 641 per sqft.
- Rented since May 2013 on 11 Ejari contracts, from AED 100,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2010 price is 11.7%, 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 10 August 2024.
Questions about 2005, Al Shera Tower
What did unit 2005 last sell for?
AED 1,111,885 on 21 January 2010, sold by the developer: AED 641 per sqft for 1,733 sqft. It is the only registered sale of the unit.
What is the rent for unit 2005?
AED 130,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 125,000; the unit has been rented since May 2013.
How big is unit 2005?
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 2005 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 2005, Al Shera Tower
Starts from the last sale price (AED 1.11M, 21 January 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,111,885
- Deposit, UAE resident (20%)
- AED 222,377
- Deposit, non-resident (40%)
- AED 444,754
- Monthly over 25 years at 3.7%
- AED 4,549
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →