Al Shera Tower
About the project
Al Shera Tower is a 41-storey apartment complex in Cluster E of Jumeirah Lake Towers. The building has one, two, and three-bedroom apartments, as well as two penthouses with five bedrooms each. The project was developed by Saleh Mohd. Bin Lahej and commissioned in 2007.
Al Shera Tower features indoor parking, high-speed elevators, and 24-hour security staff. There are also a variety of on-site amenities, including a fully equipped gym, swimming pool, sauna, and jacuzzi, as well as event space for hosting banquets and private events. The building’s first floor includes restaurants, supermarkets, and other retail outlets.
Al Shera Tower’s apartments range in size from 996 sq. ft to 2,877 sq. ft, and apartment prices range from AED 830,000 (USD 296,000) to AED 3,180,000 (USD 866,000).
*The price is valid for 2021
Buy Similar Property in Jumeirah Lake Towers
Viewz 1 By Danube, Jumeirah Lake Towers
Listing by
Artur Sharipov
Diamondz By Danube, Jumeirah Lake Towers
Listing by
Metropolitan Premium Properties
Sobha Verde, Jumeirah Lake Towers
Listing by
Andrey Ivlev
Lake Point Tower, Jumeirah Lake Towers
Listing by
Metropolitan Premium Properties
Me Do Re Tower, Jumeirah Lake Towers
Listing by
Tatiyana Sapatsynska
Viewz 2 by Danube, Jumeirah Lake Towers
Listing by
Natalja Grasmane
Fortune Tower, Jumeirah Lake Towers
Listing by
Albert Tohme
Viewz 1 By Danube, Jumeirah Lake Towers
Listing by
Marcus Andersson
The Residences JLT, Jumeirah Lake Towers
Listing by
Tatiana Gadzhikurbanova
Location
The nearest bus stop, Dubai Arch Tower, is located within a 10-minute walk from the residential building, and the DMCC subway station is located within a 6-minute drive.
The neighbourhood features many restaurants serving international cuisine, such as Indian, Japanese, Chinese, Middle Eastern, Thai, and Italian. Nearby restaurants include White Ambient Restaurant, Mantoushe Restaurant, Al Kamil Restaurant and Billiards, Wokyo Noodle Bar, Memsaab, and Little Erth.
Residents can do their daily or weekly grocery shopping at several supermarkets located within a 5-minute walk of the building. Stores include Zoom, KP Supermarket, Carrefour Market, Spinneys JLT, and Cluster J.
Al Shera Tower offers residents easy access to many of Dubai’s popular recreational and leisure areas. Dubai Marina Mall is located within a 6-minute walk, and the Emirates Golf Club is situated within a short distance from the tower.
Families can access nearby nurseries and schools. The Dewdrops Nursery is located within a 5-minute drive; Emirates International School is located within a 10-minute drive. And, Russian Synergy University is located within a 4-minute drive. Additionally, Dr. K. DMCC offers the nearest medical facility in the Jumeirah Lake Towers area.
Investment return
The return on investment for the apartments in Al Shera Tower is between 5.7 and 7.4%. The rental price range for units is between AED 65,000 (USD 17,700) and AED 300,000 (USD 81,700) per year. Given the current purchase and rental prices, a real estate investment at this property is likely to pay off in 12 to 15 years.
*The price is valid for 2021
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6151
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!