3-bed · 2,737 sqftAl Shera Tower, Jumeirah Lake Towers (JLT) · 27th floor · completed 2008

2706, Al Shera Tower

Sold prices and rental history: sold 3 times, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 15 November 2021
Last soldAED 2.2M15 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Al Shera Tower

What is 2706 worth today?

Last sold for AED 2,200,000 in 2021

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15 Nov 2021SoldReady
AED 2,200,000AED 803 per sqft
30 Apr 2014SoldReady
AED 3,500,000AED 1,278 per sqft
29 May 2013Sold by developerReady
AED 1,902,330AED 694 per sqft

Source: Dubai Land Department. Updated 15 November 2021.

Key facts

Type
3-bed apartment
Size
2,737 sqft
Floor
27th of 38
Parking
DMCC-0101,DMCC-2268
Developer
Saleh Bin Lahej Real Estate
Completed
2008
Service charge
AED 37,000 /yr
Last sold
AED 2.2M · November 2021

About 2706, Al Shera Tower

2706 is a three-bedroom apartment of 2,737 sqft on the 27th 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 15 November 2021 for AED 2,200,000, or AED 803 per sqft, in line with the AED 812 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, May 2013: AED 1,902,330 (AED 694 per sqft)Sold, April 2014: AED 3,500,000 (AED 1,278 per sqft)Sold, November 2021: AED 2,200,000 (AED 803 per sqft)

2706 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2706, each contractTypical three-bed in Al Shera Tower
150K200K2012201620202024Typical 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 196,000

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 2706 sits

All 62 3-beds →

2706 last sold in November 2021 at AED 803 per sqft, in line with what three-beds in Al Shera Tower were fetching at the time (AED 812).

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 27th floor

All 241 units in Al Shera Tower
Value
27013-bedAED 2.95M · Jun 2022
27022-bedAED 2.3M · Jul 2024
27031-bedAED 1.3M · Aug 2023
27041-bedAED 1.23M · Sep 2016
27052-bedAED 2.2M · Jul 2024

2706, Al Shera Tower in numbers

  • Sold 3 times: first on 29 May 2013 for AED 1,902,330, last on 15 November 2021 for AED 2,200,000 (AED 803 per sqft).

Source: Dubai Land Department. Updated 15 November 2021.

Questions about 2706, Al Shera Tower

What did unit 2706 last sell for?

AED 2,200,000 on 15 November 2021: AED 803 per sqft for 2,737 sqft. The unit has 3 registered sales; the first was AED 1,902,330 in May 2013.

How big is unit 2706?

2,737 sqft (254.3 sqm): a three-bedroom apartment on the 27th floor of a 38-storey tower completed in 2008.

What is unit 2706 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 2706, Al Shera Tower

Starts from the last sale price (AED 2.2M, 15 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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