PropertyIndex

Alshera Tower

Completed · Q1 2008|253 units · 1 tower

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Alshera Tower is a completed apartment development by SALEH BIN LAHEJ REAL ESTATE L.L.C in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 253 registered units. 546 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,392 per sqft. At AED 1,392 per sqft, Alshera Tower prices 24% below the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.

PIX© price · 4.4% YoY
2.58MAED
Typical
1,392AED
PSF
Gross yield
6.0%
PIX© rent ÷ PIX© price
Sale records
546
DLD · all time
Rent contracts
1,784
Ejari · all time
Alshera Tower

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
781 – 3,657 sqft
2532.58M1,3924.4%155K6.0%
Residential
1 Bed · Apartment
856 – 1,211 sqft
89
2 Bed · Apartment
1,724 – 2,510 sqft
90
3 Bed · Apartment
2,737 – 3,657 sqft
62
4 Bed · Villa
Commercial
Shop
781 – 2,395 sqft
12
Sales — Project-Wide546 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
5 Jun 20262 BedFloor 51,7242,450,0001,421+54.2%StandardStandard Sale
16 Jan 20262 BedFloor 71,7302,650,0001,532+140.2%StandardStandard Sale
22 Dec 20251 BedFloor 199931,450,0001,460StandardStandard Sale
Rentals — Project-Wide1,784 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 228 rentals
Floors 1-11 · 82 rentals
Floors 12-38 · 146 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20263 Bed2,73790,00033Standardrenewal
24 Aug 20261 Bed99386,50087Standardrenewal
23 Aug 20263 Bed2,737150,00055Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Lakes Towers

The closest-priced registered projects in Jumeirah Lakes Towers.

Common questions about Alshera Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Alshera Tower cost?

Property in Alshera Tower sells at a current PIX© price of AED 1,392 per sqft, or about AED 2,580,747 for a typical unit, based on 546 sales registered with the Dubai Land Department.

Is Alshera Tower completed?

Yes. Alshera Tower is recorded as completed in the Dubai Land Department project register (completed q1 2008).

Who is the developer of Alshera Tower?

Alshera Tower is developed by SALEH BIN LAHEJ REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Alshera Tower?

Alshera Tower yields 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,784 registered Ejari contracts.

How many units are in Alshera Tower?

Alshera Tower holds 253 registered units, per the Dubai Land Department unit register.

Have prices in Alshera Tower gone up or down?

Price per sqft has risen +4.4% over the last 12 months, to AED 1,392, across 546 registered sales.