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Al Shera Tower
by Saleh Bin Lahej Group

Apartments with one, two or three bedrooms and five-bedroom penthouses

AED 900 K Starting price
Ready Handover
Al Shera Towerby Saleh Bin Lahej Group

Buy Apartments in Al Shera Tower by Saleh Bin Lahej Group, Jumeirah Lake Towers

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 900,000
Location Jumeirah Lake Towers
Developer Saleh Bin Lahej Group
Handover Ready
Living Area 993 sq. ft. - 2,846 sq. ft.
Bedrooms 1-5 BR
ROI 7%
Apartments
Penthouses

Al Shera Tower is a completed high-rise in Cluster E of JLT, offering apartments with one, two or three bedrooms, two penthouses, lake views and a shared wellness and leisure floor.

The building rises 41 storeys above Almas East Lake. Everyday retail occupies the lower level, with a supermarket, nursery, pharmacy and bakery under the same roof as the apartments. Live listings range from about 993 sq ft for a one-bedroom apartment to 2,846 sq ft for the largest three-bedroom plan. Two five-bedroom penthouses sit above them. Current prices begin at AED 900,000 for a one-bedroom apartment, AED 1,790,000 for a two-bedroom apartment and AED 2,100,000 for a three-bedroom apartment. Commissioned in 2007 and handed to owners in February 2008, the tower has the generous proportions associated with its era in JLT. Living and dining areas are broad, while full-width glazing and balconies face the water and surrounding cluster skyline. Finishes vary because some apartments retain their original interiors and others have been renovated. Residents share a gym, swimming pool, sauna, steam room and jacuzzi. A games room, kids play room, community hall, indoor parking and concierge-staffed reception complete the facilities.

Al Shera Tower
About Al Shera Tower

Overview of Al Shera Tower by Saleh Bin Lahej Group

Among apartments for sale in Jumeirah Lake Towers, this established Cluster E building combines a lake-facing address, a full amenity floor and the potential to earn rent immediately after title transfer.

7%

Average ROI

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Community

Jumeirah Lake Towers is a freehold, mixed-use community managed by DMCC. Its clusters are arranged around four man-made lakes, but much of its character comes from ground level. Lakeside promenades, jogging paths, outdoor cafés and green pockets make the district walkable by Dubai high-rise standards. Designated parks and walkways also welcome pet owners. Professionals from the neighbouring media and internet cities live alongside entrepreneurs and creatives, keeping the clusters active into the evening.

Everyday needs are covered within the community by Carrefour Market, cluster shops, lakeside restaurants, gyms and salons. Local healthcare includes Dr K Medical Center DMCC and Armada Medical Centre, while families can choose Paddington Nursery and nearby schools such as Dubai International Academy. Two Red Line stations and the tram towards JBR serve the district. By car, Dubai International Airport is 4 minutes away, according to the verified route time.

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Interior

Interiors follow the calm, light-led logic of a lake-facing building. Living areas are planned around the glazing, so daylight reflected off the water carries deep into the plan, and neutral palettes keep that brightness intact. Ceilings stay clean, circulation is separated from the main living zone, and bedrooms sit away from the entrance for quiet. Come evening, layered lighting rather than a single fixture sets the mood, and the balcony reads as an extension of the room.

Because the tower has been occupied since 2008, finishes vary between apartments. Original schemes sit alongside fully renovated interiors, so buyers should assess condition before making an offer. Kitchens are separate working rooms with fitted cabinetry and space for appliances. Bathrooms are fully tiled and include built-in vanities, while hard flooring runs through the living areas. The larger floor plans also leave scope for an owner's refit.

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Infrastructure

Attached ground-level retail covers much of the daily routine without a car. Park & Shop sells groceries, Super Care Pharmacy handles essentials, Richemont Master Baker serves bread and coffee, and Kids Kare Nursery supports the school-morning routine. Outside the cluster, the lakeside promenade adds cafés and restaurants with terraces overlooking the water. Neighbouring JLT towers provide more supermarkets, casual dining and takeaway options, while Dubai Marina Mall is a 22-minute drive away.

For larger shopping trips, residents can visit Dubai Marina Mall or drive to Meadows Souk. Cluster-level shops cover laundry, salons and other services. Healthcare within JLT includes Dome MedDental Clinic, Optimum Diagnostic Clinic and German Dental Clinic. Public transport starts with the bus stop at Dubai Arch Tower, within a 10-minute walk. DMCC Metro Station is 22 minutes away by car, and feeder buses JLT1 and JLT2 circulate through the clusters.

Overview

Could Al Shera Tower strengthen your property portfolio?

Amenities of Al Shera Tower

Wellness, leisure and service facilities shared by residents, from the pool deck to the concierge desk at reception.

Swimming pool

Swimming pool

Fully equipped gym

Fully equipped gym

Kids play room

Kids play room

Sauna for post-workout recovery
Steam room
Jacuzzi on amenity floor
Games room with table tennis
Pool table and air hockey
Community hall
Banquet and event space
Concierge at reception
24-hour security
High-speed elevators
Indoor parking

Gallery of Al Shera Tower by Saleh Bin Lahej Group

Gallery

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

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Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

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Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

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Al Shera Tower
About Us

Economic Attractiveness

Liquidity is supported by a DMCC-managed freehold district, Saleh Bin Lahej Group's completed tower and an active resale market.

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2,24 mln -3%

Median price (AED)

1,440 5%

Median price per sqft (AED)

8 -80%

Transactions

Source: Data taken from DXB for the last year, overview Al Shera Tower by Saleh Bin Lahej Group

ROI 7%

Several factors support investment in Al Shera Tower. Apartments overlook Almas East Lake, and tenants often value that established waterfront outlook. Concierge service, 24-hour security, indoor parking and attached retail add everyday convenience. The supermarket, pharmacy and nursery are particularly useful for long-term residents. Tenant demand also draws on the DMCC free zone in JLT, where more than 17,000 registered companies employ a large local workforce. The tower's average asking price is AED 1,305 per sq ft, compared with roughly AED 1,900 per sq ft across current JLT listings. As this is a completed resale building, purchases proceed on cash or mortgage terms rather than a developer instalment schedule.

Current asking prices start at AED 900,000 for a one-bedroom apartment, AED 1,790,000 for two bedrooms and AED 2,100,000 for three. JLT is a freehold community, so foreign buyers may hold title outright; budget the 4% DLD transfer fee, and note that residential purchases carry no VAT.

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For Rent

Rental performance here is documented rather than projected. Apartments in Al Shera Tower are currently let between AED 90,000 and AED 160,000 a year, averaging AED 141,591, which works out at a gross yield of 7% against asking values in the building. The tenant pool renews locally: free-zone employees, professionals commuting to the media and internet cities, and families who want a nursery and a supermarket downstairs. Before modelling net income, ask the owners' association for the current service charge.

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For Living

Residents move into a settled building rather than waiting for handover. Apartments offer broad living areas, lake-facing glazing and bedrooms set back from the entrance. The wellness floor is a lift ride away, with a pool, gym, sauna, steam room and jacuzzi. A games room and kids play room add options for weekends. Outside, JLT offers lakeside paths, promenade cafés, clinics and nurseries, while two metro stations connect the wider community.

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For Resale

Resale prospects are supported by an active secondary market. Fourteen apartments changed hands in the tower over the last 12 months, at prices from roughly AED 1.4M to AED 4.5M. Two-bedroom apartments recorded an average AED 1,334 per sq ft between June 2025 and June 2026. Their asking values also rose 2.25% year on year, giving sellers recent project-level evidence when positioning an apartment for resale.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

About Developer Al Shera Tower

Saleh Bin Lahej Group is an established Dubai family business with a record of completed residential buildings.

An industry aggregator records two completed Dubai buildings in the group's portfolio, both finished in 2008 and sold out. Al Shera Tower is one of them. It was developed under Saleh Mohd. Bin Lahej and handed to owners in February 2008. The occupied building still provides concierge service, a shared amenity floor and attached retail, offering practical evidence of its long-term operation.

Location of Al Shera Tower by Saleh Bin Lahej Group

Al Shera Tower overlooks Almas East Lake in Cluster E of JLT. By car, Dubai Marina Mall is 22 minutes away and Emirates Golf Club is 24 minutes away.

Sheikh Zayed Road is 20 min away by car, while Sheikh Mohammed Bin Zayed Road lies about 6.7 km from the tower. For leisure trips, Dubai Marina Mall is a 22-minute drive, Emirates Golf Club takes 24 minutes and The Beach, JBR takes 25 minutes.

DMCC and Sobha Realty stations serve JLT's Red Line connection. By car, they are 22 and 23 minutes away respectively. The Dubai Arch Tower bus stop is within a 10-minute walk, and feeder routes JLT1 and JLT2 circulate through the clusters. Dubai International Airport is 4 min away by car.

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Map → Location of Al Shera Tower by Saleh Bin Lahej Group Icon Map PIN

Attractions

Dubai Marina
Mall

icon 12 min

Emirates Golf Club

13 min

The Beach, JBR

10 min

Health Care

Armada Medical
Centre

icon 13 min

Mediclinic Meadows

11 min

21 min

Education

Dubai International
Academy

icon 14 min

Emirates International School

9 min

Dubai British School

10 min

Transportation

Dubai International
Airport

icon 4 min

Sobha Realty Metro Station

6 min

DMCC Metro Station

2 min

General FAQs

Below are the questions buyers, tenants and investors ask most often about this Cluster E tower, from prices and rents to schools and lake views. If something you need is missing, our advisers can walk you through current availability.

Ask a Question

Is Jumeirah Lake Towers a good place to live?

JLT suits residents who value walkability and varied daily amenities. Its clusters surround four man-made lakes with promenades, jogging paths, outdoor cafés and green pockets. Nurseries, clinics, supermarkets and local shops are distributed through the community, while designated parks and walkways accommodate pet owners. Two Red Line stations serve the district, and the tram connects towards JBR. Much of the housing stock dates from different development cycles, so buyers should compare the condition and refurbishment level of individual apartments.

Who develops and manages the wider JLT community?

DMCC developed and manages the wider freehold, mixed-use district and operates the free zone headquartered there. More than 17,000 companies are registered with it, supporting a substantial local workforce. Central management covers the lakes, promenades and cluster infrastructure. Many JLT towers also allocate lower floors to commercial uses, allowing licensed businesses and residences to share an address. Al Shera Tower itself was developed by Saleh Bin Lahej Group and has been ready since February 2008.

What does an apartment in Al Shera Tower cost?

Current asking prices begin at AED 900,000 for a one-bedroom apartment. Two-bedroom apartments start at AED 1,790,000, while three-bedroom apartments start at AED 2,100,000. The exact price depends on the floor, orientation towards Almas East Lake and refurbishment standard. Across the tower, the average asking value is AED 1,305 per sq ft. Separately, two-bedroom sales registered between June 2025 and June 2026 averaged AED 1,334 per sq ft, which is a historical transaction figure rather than today's asking rate.

Is there a payment plan available?

No current developer payment plan is confirmed. Al Shera Tower was handed to owners in February 2008, so purchases now take place on the secondary market. Buyers generally use cash or a mortgage from a UAE bank rather than a developer instalment schedule. They should also budget for the 4% DLD transfer fee. UAE residential sales do not carry the 5% VAT applied to commercial property. Because the building is ready, a buyer can take possession after the transaction completes.

What apartment types and sizes does the tower offer?

Al Shera Tower contains apartments with one, two or three bedrooms, plus two five-bedroom penthouses. Current listings show one-bedroom apartments of roughly 993–1,040 sq ft and two-bedroom apartments of about 1,724–1,784 sq ft. A listed three-bedroom apartment measures 2,846 sq ft. These figures describe current advertised stock rather than a complete developer size schedule. Availability changes as owners list and withdraw apartments, so buyers should check the live inventory before selecting a floor or view.

Which apartments have lake views?

The building stands directly above Almas East Lake in Cluster E. Apartments oriented towards the water look over the lake, and the two penthouses are marketed with the same outlook. Higher floors extend the view across neighbouring clusters and towards the Marina skyline, while lower levels sit closer to the promenade. Balconies are angled towards the surrounding outlooks. Buyers should still confirm the exact orientation from the floor plan and inspect the view from the specific apartment before making an offer.

What rent can an owner expect here?

Current building-wide listings show annual rents between AED 90,000 and AED 160,000, with an average of AED 141,591 across apartment types. Against current asking values in Al Shera Tower, the verified gross yield of 6.81% rounds up to 7%. Demand comes from free-zone employees and professionals commuting to nearby business districts. Before estimating net income, an owner should obtain the current service charge from the owners' association because no verified project-specific charge is available here.

Which amenities do residents share?

Shared facilities include a fully equipped gym, swimming pool, sauna, steam room and jacuzzi. The games room provides table tennis, a pool table and air hockey, while children have a dedicated play room. Residents can also use a community hall and event space. Concierge staff receive guests at reception, and the building provides 24-hour security, high-speed elevators and indoor parking. Attached retail includes a supermarket, pharmacy, bakery and nursery for everyday errands.

How long does it take to reach the airport and metro?

Google Maps route facts put DMCC Metro Station 22 minutes away by car and Sobha Realty Metro Station 23 minutes away. The nearest bus stop, at Dubai Arch Tower, is within a 10-minute walk, while feeder buses JLT1 and JLT2 circulate through the clusters. Sheikh Zayed Road is 20 min away by car. Dubai International Airport is 4 min away by car, using the same verified route basis.

How liquid is resale in this building?

Fourteen apartments sold in Al Shera Tower over the last 12 months, at prices ranging from roughly AED 1.4M to AED 4.5M. Two-bedroom transactions averaged AED 1,334 per sq ft between June 2025 and June 2026, while asking values for that apartment type rose 2.25% year on year. The wider JLT district recorded about 2,500 apartment sales over the same 12-month period, giving prospective sellers an active surrounding market as well as project-level transaction evidence.

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Al Shera Tower
Amirans Kavtaradze

List by

Amirans Kavtaradze

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Al Shera Tower

Starting Price AED 900 K

Handover Ready