Al Shera Tower, JLT
Al Shera Tower is a 40 to 41-storey residential building in Cluster E of Jumeirah Lake Towers (JLT), Dubai, developed by Saleh Bin Lahej Real Estate and overlooking Lake Almas East. Completed in 2007, the freehold tower holds 1, 2 and 3-bedroom apartments plus 5-bedroom penthouses. This guide covers Al Shera Tower's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Saleh Bin Lahej Real Estate
Storeys
40-41 (sources vary)
Completed
2007
Location
JLT, Cluster E
Unit Types
1-3BR + 5BR Penthouses
About Al Shera Tower
Al Shera Tower is a residential building in Cluster E of Jumeirah Lake Towers (JLT), overlooking Lake Almas East. The tower was developed by Saleh Bin Lahej Real Estate (also referred to as Saleh Bin Lahej Group) and was completed in 2007. It is held on a freehold basis and offers 1, 2 and 3-bedroom apartments plus 5-bedroom penthouses. Some listings use the alternate spelling "Al Sheraa Tower" for the same building.
Developer and completion year cross-confirmed across Bayut and Propsearch (2 independent sources), plus Stage Properties' own 2007 Q1 handover listing. Storey count is reported as either 40 or 41 depending on source (Propsearch: 40, Bayut: 41), so this guide states the range rather than asserting a single figure. Propsearch's own separate construction-timeline data (citing an August 2008 start and July 2017 completion) conflicts with the building's well-corroborated 2007 handover and was not used.
Location & Nearby Landmarks
Al Shera Tower sits in JLT's Cluster E, on the Al Thanyah Fifth DLD-registered area within the wider DMCC master community, overlooking Lake Almas East. Dubai Marina Mall is roughly 6 minutes away, Dubai Marina Walk about 7 minutes, and Emirates Golf Club around 6 minutes. The Walk JBR is about 1.1 km away and JLT Park is roughly 0.6 km away.
JLT now has its own dedicated Royale Stays area guide covering location, connectivity and the wider rental market context: Airbnb management in JLT, Dubai. Al Shera Tower is joined by three other JLT towers Royale Stays already covers: Saba Tower 2 in Cluster Q, Goldcrest Views 1 in Cluster V, and Uptown Tower, the 340-metre mixed-use supertall in the neighbouring Uptown Dubai district. Bayut's own nearby-buildings list for Al Shera Tower names Global Lake View, Saba Tower 1 and Lake Terrace, none of which Royale Stays currently covers.
Unit Types
Al Shera Tower offers 1, 2 and 3-bedroom apartments plus 5-bedroom penthouses. Per Bayut's building data (single-sourced, not independently cross-verified), 1-bedroom units cover roughly 996 to 1,080 sq ft with two bathrooms; 2-bedroom units cover roughly 1,700 to 1,927 sq ft with four bathrooms and a maid's room; 3-bedroom units cover roughly 2,700 to 2,877 sq ft with five bathrooms and a maid's room; and the 5-bedroom penthouses include eight bathrooms, a breakfast area, a family room and two balconies. The total number of units in the building has not been independently confirmed and is not stated here.
Amenities
Al Shera Tower's facilities include a gymnasium, swimming pool, sauna and jacuzzi, a party hall, covered parking, high-speed elevators, 24-hour security with CCTV monitoring, and a concierge service. Ground floor retail includes a supermarket and pharmacy. Owners and prospective renters should confirm current on-site facilities directly with the building's management, since amenity offerings can change over time.
Transportation & Access
DMCC Metro Station is roughly a 4-minute walk from Al Shera Tower, with bus route JLT2 also stopping at the station's Landside Bus Stop. Sheikh Zayed Road (E11) is about a 4-minute drive away. By car, Dubai Mall is roughly 18 minutes away, Palm Jumeirah about 10 minutes, Burj Al Arab around 15 minutes and The Walk JBR about 13 minutes. Dubai International Airport (DXB) is roughly 26 minutes' drive, and Al Maktoum International Airport is roughly 33 minutes' drive.
Metro/bus detail from Bayut; drive-time estimates from Propsearch, both Google Maps-sourced and assuming typical traffic. Some recent Royale Stays JLT content refers to this same station as "DAMAC Metro Station" (formerly DMCC); both sources checked for this guide still use "DMCC Metro Station."
Rental & Price Trends
Dubai Land Department transaction records show 1-bedroom units at Al Shera Tower (roughly 993 sq ft) selling in the AED 840,000 to 900,000 range through most of 2026, broadly consistent with Stage Properties' AED 830,000 starting-price listing. 2-bedroom units (roughly 1,724 to 1,733 sq ft) have recorded sale prices from around AED 1.83 million up to AED 2.65 million across transactions logged between January and August 2026, and a 3-bedroom unit (roughly 2,737 sq ft) recorded a AED 2.88 million sale in March 2026. Bayut's DLD-sourced service-charge data (single-sourced) puts Al Shera Tower's total annual service charge at approximately AED 12.70 per sq ft.
Owners considering a unit at Al Shera Tower can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate.
Airbnb & Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Al Shera Tower, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Al Shera Tower would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Al Shera Tower already has a visible short-term rental presence: Deluxe Holiday Homes runs a live listing for a unit at the tower, alongside active long-term rental listings on major portals, confirming real demand for units in the building. Royale Stays does not currently have booking data specific to Al Shera Tower to draw on, so this guide does not present a building income figure it cannot support. For an owner weighing whether Airbnb makes sense for a unit at Al Shera Tower, the practical starting points are confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit against comparable JLT listings.
Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential. See Royale Stays' full guide to Airbnb property management in Dubai for the wider market picture.
Royale Stays does not yet have Al Shera Tower-specific portfolio data to draw on for this guide; this section reflects the already-visible operator/listing demand at Al Shera Tower only.
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