Al Shera Tower

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Saleh Bin Lahej Group
253
Total Units
253
Sold
⃃ 1,695,600
Median Price
⃃ 1,060
Median Price /sqft
Construction progress: 100% (As of Jan-2012)
Start: Aug, 2008Completion: Jan, 2012

Al Shera Tower Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed89860 sqft - 1,210 sqft⃃ 1.4M (1,460 /sqft)⃃ 2,300 /sqft
-36.41
2 Beds901,720 sqft - 2,510 sqft⃃ 2.5M (1,420 /sqft)⃃ 2,250 /sqft
-36.78
3 Beds622,740 sqft - 3,660 sqft⃃ 2,240 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Al Shera TowerAl Thanyah Fifth
Jan 2018—1.0K
Feb 20181.3K1.1K
Mar 2018—1.0K
Apr 2018—1.1K
May 20181.1K1.0K
Jun 2018860935
Jul 20181.1K1.0K
Aug 2018—1.0K
Sep 2018—1.0K
Oct 20181.1K1.0K
Nov 2018—946
Dec 2018—866
Jan 20191.0K926
Feb 20191.1K980
Mar 20191.1K926
Apr 2019—941
May 2019896925
Jun 2019892926
Jul 2019756926
Aug 2019—894
Sep 2019—926
Oct 2019—917
Nov 2019768777
Dec 2019—919
Jan 2020698878
Feb 2020736756
Mar 2020694926
Apr 2020—917
May 2020591940
Jun 2020—888
Jul 2020—753
Aug 2020718748
Sep 2020—799
Oct 2020780732
Nov 2020800868
Dec 2020—795
Jan 2021685769
Feb 2021—879
Mar 2021882995
Apr 2021—997
May 2021—1.0K
Jun 20211.0K1.0K
Jul 2021—995
Aug 2021995999
Sep 20219171.0K
Oct 2021—984
Nov 20218111.0K
Dec 2021994997
Jan 2022—1.0K
Feb 20221.0K1.0K
Mar 20229921.0K
Apr 2022990992
May 2022—1.1K
Jun 20221.0K979
Jul 20221.0K1.1K
Aug 20221.0K1.0K
Sep 2022—1.1K
Oct 20221.1K1.0K
Nov 2022—1.2K
Dec 20221.1K1.2K
Jan 2023—1.1K
Feb 2023—1.1K
Mar 20231.1K1.1K
Apr 2023—1.1K
May 20231.1K1.4K
Jun 20235652.1K
Jul 20231.2K2.1K
Aug 20231.3K2.0K
Sep 20231.3K1.8K
Oct 2023—1.7K
Nov 20231.2K1.4K
Dec 20231.1K1.6K
Jan 20241.2K1.7K
Feb 2024—1.7K
Mar 20241.2K1.3K
Apr 20241.2K1.2K
May 20241.3K1.6K
Jun 20241.3K1.5K
Jul 20241.3K1.5K
Aug 20241.3K2.3K
Sep 20241.5K2.1K
Oct 20241.3K2.2K
Nov 20241.3K2.0K
Dec 20241.2K2.0K
Jan 20251.1K2.1K
Feb 20251.6K2.0K
Mar 20251.3K2.0K
Apr 2025—2.4K
May 20251.3K2.2K
Jun 20251.3K2.2K
Jul 20251.3K2.0K
Aug 2025—2.1K
Sep 20258052.0K
Oct 20251.5K2.2K
Nov 20251.6K2.3K
Dec 20251.4K2.1K
Jan 20261.5K1.9K
Feb 2026—1.8K
Mar 2026—1.8K
Apr 2026—2.5K
May 2026—2.2K
Jun 20261.4K2.5K
Jul 2026—2.3K
Aug 2026—2.2K
Sep 20261.4K2.1K
Oct 2026—2.1K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment36993 sqft6.85 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment1,069 sqft28.05 sqft⃃ 1,300,000⃃ 1,216 /sqft15, Jul 2014
1Apartment994 sqft6.85 sqft⃃ 614,270⃃ 618 /sqft02, May 2011
1Apartment994 sqft6.85 sqft⃃ 614,270⃃ 618 /sqft29, Dec 2011
1Apartment1,070 sqft28.05 sqft⃃ 592,650⃃ 554 /sqft05, Jun 2012
2Apartment2,510 sqft68.48 sqft⃃ 2,500,000⃃ 996 /sqft30, Jan 2014
2Apartment2,510 sqft68.48 sqft⃃ 2,020,000⃃ 805 /sqft04, Sep 2025
2Apartment1,727 sqft7.14 sqft⃃ 1,800,000⃃ 1,042 /sqft04, Aug 2023
2Apartment1,727 sqft7.14 sqft⃃ 1,020,000⃃ 591 /sqft13, May 2020
1Apartment993 sqft6.85 sqft⃃ 629,375⃃ 634 /sqft07, Feb 2010
1Apartment993 sqft6.85 sqft⃃ 629,375⃃ 634 /sqft07, Feb 2010
2Apartment1,733 sqft7.1 sqft⃃ 1,059,355⃃ 611 /sqft07, Feb 2010
2Apartment1,733 sqft7.1 sqft⃃ 1,059,355⃃ 611 /sqft03, Feb 2010
3Apartment2,737 sqft13.17 sqft⃃ 1,695,555⃃ 619 /sqft07, Feb 2010
3Apartment2,737 sqft13.17 sqft⃃ 1,695,555⃃ 619 /sqft03, Feb 2010
1Apartment993 sqft6.85 sqft⃃ 1,130,000⃃ 1,138 /sqft25, Nov 2013

Al Shera Tower Real Estate Data – FAQ

  • What is the current property supply in Al Shera Tower?

    Al Shera Tower has a total residential supply of approximately 31 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Al Shera Tower?

    Al Shera Tower recorded 8 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Al Shera Tower?

    The median transaction price in Al Shera Tower is ⃃ 1,420 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Al Shera Tower?

    The gross rental yield in Al Shera Tower is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Al Shera Tower?

    Property prices in Al Shera Tower have shown a capital appreciation of 3.21% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Al Shera Tower?

    There are currently 0 active off-plan projects in Al Shera Tower, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Al Shera Tower?

    The total off-plan pipeline in Al Shera Tower includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Al Shera Tower a good area for property investment?

    Al Shera Tower is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 7%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Al Shera Tower, this is 7%, indicating relatively strong income performance compared to global markets.