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3-bed · 2,737 sqftAl Shera Tower, Jumeirah Lake Towers (JLT) · 32nd floor · completed 2008

3206, Al Shera Tower

Sold prices and rental history: sold 3 times, last in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3206 · DLD and Ejari recordsUpdated 19 October 2016
Last soldAED 3.35M19 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3206, Al Shera Tower

What is 3206 worth today?

Last sold for AED 3,350,000 in 2016

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19 Oct 2016SoldReady
AED 3,350,000AED 1,223 per sqft
18 Aug 2013SoldReady
AED 2,900,000AED 1,059 per sqft
6 May 2013Sold by developerReady
AED 1,819,620AED 664 per sqft

Source: Dubai Land Department. Updated 19 October 2016.

Key facts

Type
3-bed apartment
Size
2,737 sqft
Floor
32nd of 38
Parking
DMCC-0110,DMCC-2299
Developer
Saleh Bin Lahej Real Estate
Completed
2008
Service charge
AED 37,000 /yr
Last sold
AED 3.35M · October 2016
Building
Al Shera Tower

About 3206, Al Shera Tower

3206 is a three-bedroom apartment of 2,737 sqft on the 32nd 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 19 October 2016 for AED 3,350,000, or AED 1,223 per sqft, 8% above the AED 1,137 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3206 over time

Sales
Unit 3206, 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 1,819,620 (AED 664 per sqft)Sold, August 2013: AED 2,900,000 (AED 1,059 per sqft)Sold, October 2016: AED 3,350,000 (AED 1,223 per sqft)

3206 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3206, 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 3206 sits

All 62 3-beds →

3206 last sold in October 2016 at AED 1,223 per sqft, 8% above what three-beds in Al Shera Tower were fetching at the time (AED 1,137).

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 32nd floor

All 241 units in Al Shera Tower
Value
32013-bedAED 3M · May 2016
32022-bedAED 1.73M · Aug 2021
32031-bedAED 625K · Apr 2016
32041-bedAED 1.29M · Feb 2018
32052-bedAED 1.6M · Mar 2021

3206, Al Shera Tower in numbers

  • Sold 3 times: first on 6 May 2013 for AED 1,819,620, last on 19 October 2016 for AED 3,350,000 (AED 1,223 per sqft).

Source: Dubai Land Department. Updated 19 October 2016.

Questions about 3206, Al Shera Tower

What did unit 3206 last sell for?

AED 3,350,000 on 19 October 2016: AED 1,223 per sqft for 2,737 sqft. The unit has 3 registered sales; the first was AED 1,819,620 in May 2013.

How big is unit 3206?

2,737 sqft (254.3 sqm): a three-bedroom apartment on the 32nd floor of a 38-storey tower completed in 2008.

What is unit 3206 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 3206, Al Shera Tower

Starts from the last sale price (AED 3.35M, 19 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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