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3-bed · 2,737 sqftAl Shera Tower, Jumeirah Lake Towers (JLT) · 22nd floor · completed 2008

2201, Al Shera Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 3.08M25 May 2023
Current rentAED 130K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2201, Al Shera Tower

What is 2201 worth today?

Last sold for AED 3,075,000 in 2023

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25 May 2023SoldReady
AED 3,075,000AED 1,123 per sqft
13 Jan 2021SoldReady
AED 1,600,000AED 584 per sqft
1 Jan 2021RentedNew contract
AED 130,000/yr6 months · AED 48 per sqft
1 Jul 2020RentedRenewal
AED 130,000/yr6 months · AED 48 per sqft
1 Jul 2019RentedRenewal
AED 130,000/yr12 months · AED 48 per sqft
1 Jul 2018RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
1 Jul 2017RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
1 Apr 2016RentedNew contract
AED 100,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
3-bed apartment
Size
2,737 sqft
Floor
22nd of 38
Parking
DMCC-0090,DMCC-2216
Developer
Saleh Bin Lahej Real Estate
Completed
2008
Service charge
AED 37,000 /yr
Last sold
AED 3.08M · May 2023
Building
Al Shera Tower

About 2201, Al Shera Tower

2201 is a three-bedroom apartment of 2,737 sqft on the 22nd 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 25 May 2023 for AED 3,075,000, or AED 1,123 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 January 2021, is AED 130,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 37,000 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, each saleTypical three-bed in Al Shera Tower
2M4M20102014201820222026Typical sale price by year: 2010 AED 1,716,233; 2011 AED 1,771,373; 2012 AED 1,792,050; 2013 AED 1,819,620; 2014 AED 3,400,000; 2015 AED 1,723,455; 2016 AED 3,112,500; 2017 AED 2,850,000; 2020 AED 1,997,500; 2021 AED 2,250,000; 2024 AED 3,487,500; 2025 AED 3,925,000Sold by developer, September 2015: AED 868,455 (AED 317 per sqft)Sold, January 2021: AED 1,600,000 (AED 584 per sqft)Sold, May 2023: AED 3,075,000 (AED 1,123 per sqft)

2201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2201, each contractTypical three-bed in Al Shera Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 160,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 165,000; 2019 AED 155,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 140,000; 2023 AED 150,000; 2024 AED 167,500; 2025 AED 187,688; 2026 AED 182,000New contract, April 2016: AED 100,000 a yearNew contract, July 2017: AED 160,000 a yearRenewal, July 2018: AED 150,000 a yearRenewal, July 2019: AED 130,000 a yearRenewal, July 2020: AED 130,000 a yearNew contract, January 2021: AED 130,000 a year

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 2201 sits

All 62 3-beds →

2201's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jul 20254,450,000
16 Jun 20254,435,000
16 May 20253,750,000
28 Feb 20254,100,000
0 3-bed sales in the last 12 months

Al Shera Tower

Building

241 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%
Al Shera Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 22nd floor

All 241 units in Al Shera Tower
Value
22022-bedAED 1.43M · Mar 2020
22031-bedAED 770K · Sep 2012
22041-bedAED 1M · Mar 2016
22052-bedAED 2.13M · Nov 2013
22063-bedAED 3.29M · Mar 2024

2201, Al Shera Tower in numbers

  • Sold 3 times: first on 27 September 2015 for AED 868,455, last on 25 May 2023 for AED 3,075,000 (AED 1,123 per sqft).
  • Rented since April 2016 on 6 Ejari contracts, from AED 100,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 37,000 a year (AED 13.53 per sqft).

Source: Dubai Land Department. Updated 25 May 2023.

Questions about 2201, Al Shera Tower

What did unit 2201 last sell for?

AED 3,075,000 on 25 May 2023: AED 1,123 per sqft for 2,737 sqft. The unit has 3 registered sales; the first was AED 868,455 in September 2015.

What is the rent for unit 2201?

AED 130,000 a year on the contract signed on 1 January 2021. The previous contract, from July 2020, was AED 130,000; the unit has been rented since April 2016.

How big is unit 2201?

2,737 sqft (254.3 sqm): a three-bedroom apartment on the 22nd floor of a 38-storey tower completed in 2008.

What is unit 2201 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 2201, Al Shera Tower

Starts from the last sale price (AED 3.08M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,075,000
Deposit, UAE resident (20%)
AED 615,000
Deposit, non-resident (40%)
AED 1,230,000
Monthly over 25 years at 3.7%
AED 12,581

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →