Market bulletin · Thu, 22 Oct 2026
Al Shera Tower: 1 sales worth AED 1.35M in 30 days
Al Shera Tower recorded 1 sale worth AED 1.35M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Lake Towers, Al Shera Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Saleh Bin Lahej.
Leases registered in the last three months had a median annual rent of AED 92K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 1,498 |
| Jan 25 | AED 985 |
| Dec 24 | AED 1,160 |
| Nov 24 | AED 1,204 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 3 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.35M | — | — |
| Last 3 months | 1 | — | AED 1.35M | — | — |
| Last 6 months | 1 | down 75.0% | AED 1.35M | — | — |
| Last 12 months | 5 | down 87.2% | AED 10.5M | 1,421 | up 17.7% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 5 | 100% | AED 2.45M | 1,421 | up 17.7% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 2 | 40% | — | — | — |
| 2 bedrooms | 3 | 60% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 2 | 40% | — | — | — |
| AED 2M–10M | 3 | 60% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 86K |
| Aug 26 | AED 95K |
| Jul 26 | AED 147K |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 158K |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 105K |
| Dec 25 | AED 100K |
| Nov 25 | AED 103K |
| Oct 25 | AED 95K |
| Sept 25 | AED 118K |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 152K |
| Apr 25 | AED 139K |
| Mar 25 | AED 98K |
| Feb 25 | AED 96K |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 115K |
- Leases (12M)
- 125
- New leases
- 44.8%
- Median rent 3M
- AED 92K
- Rent/sqft 3M
- AED 85
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 52 | AED 87K | AED 85K | 90 |
| 2 BR | 33 | AED 150K | AED 153K | 81 |
| 3 BR | 11 | AED 210K | — | 77 |
Competing projects in Jumeirah Lake Towers
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Diamondz By DanubeDanube Properties | 113 | 2,765 | — |
| MBL SignatureMAG Property Development | 96 | 1,941 | — |
| Saba Towers 4SABA Properties JLT | 40 | 2,542 | — |
| Hilton Residences Dubai Jumeirah Lakes TowersEmirates Mezna For Real Estate Development | 57 | 3,600 | — |
| Upper House EastEllington Properties Development | 42 | 1,898 | — |
| Upper House WestEllington Properties Development | 40 | 1,874 | — |
| Golf Views Seven City - Seven City JLTSeven Tides International | 94 | 1,133 | — |
| Mercer House South TowerEllington Properties Development | 18 | 2,547 | — |
| MBL RoyalMAG Property Development | 22 | 1,854 | — |
| Verde by SobhaSobha Real Estate | 24 | 2,132 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.35M | 1 BR Apartment · 993 sqftAl Shera Tower · Jumeirah Lake Towers | 25 Sept |
Questions about Al Shera Tower
How many properties were sold in Al Shera Tower in the last year?
5 sales worth AED 10.5M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Al Shera Tower?
The median annual rent on leases registered in the last three months was AED 92K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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