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1-bed · 881 sqftSherena Residence, Majan · 10th floor · completed 2017

A1003, Sherena Residence

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1003 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 725K2 July 2015
Current rentAED 52K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1003, Sherena Residence

What is A1003 worth today?

Last sold for AED 724,780 in 2015

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1 Feb 2026RentedRenewal
AED 51,975/yr12 months · AED 59 per sqft
1 Feb 2025RentedRenewal
AED 49,500/yr12 months · AED 56 per sqft
1 Feb 2025RentedRenewal
AED 49,500/yr12 months · AED 56 per sqft
1 Feb 2024RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
1 Feb 2023RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
1 Feb 2022RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
1 Feb 2021RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
1 Feb 2020RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
10th of 10
Parking
G-105
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,700 /yr
Last sold
AED 725K · July 2015
Building
Sherena Residence

About A1003, Sherena Residence

A1003 is a one-bedroom apartment of 881 sqft on the 10th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 2 July 2015 for AED 724,780, or AED 822 per sqft, in line with the AED 828 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 51,975 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 9,700 a year.

Sales and rents for A1003 over time

Sales
Unit A1003, each saleTypical one-bed in Sherena Residence
600K800K20152018202120242027Typical sale price by year: 2015 AED 724,780; 2016 AED 694,408; 2017 AED 703,088; 2018 AED 546,511; 2021 AED 597,500; 2022 AED 562,500; 2023 AED 680,000; 2024 AED 792,500; 2025 AED 810,000; 2026 AED 900,000Sold by developer, July 2015: AED 724,780 (AED 822 per sqft)

A1003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A1003, each contractTypical one-bed in Sherena Residence
40K60K2017202020232026Typical rent by year: 2017 AED 51,429; 2018 AED 50,882; 2019 AED 49,500; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 44,132; 2024 AED 51,213; 2025 AED 62,000; 2026 AED 64,000New contract, February 2018: AED 51,429 a yearRenewal, April 2019: AED 50,000 a yearNew contract, February 2020: AED 50,000 a yearRenewal, February 2021: AED 45,000 a yearRenewal, February 2022: AED 45,000 a yearRenewal, February 2023: AED 45,000 a yearRenewal, February 2024: AED 45,000 a yearRenewal, February 2025: AED 49,500 a yearRenewal, February 2025: AED 49,500 a yearRenewal, February 2026: AED 51,975 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sherena Residence, and where A1003 sits

All 123 1-beds →

A1003 last sold in July 2015 at AED 822 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 828). Over the last 12 months one-beds sold for AED 860,000 to 1,000,000, around AED 951 per sqft, and rent for AED 26,000 to 80,000 a year. A1003's AED 51,975 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 2026860,000
26 Feb 2026900,000
20 Feb 20261,000,000
10 Jul 2025760,000
3 1-bed sales in the last 12 months

Sherena Residence

Building

297 apartments, studios to 4-bed over 10 floors in Majan, completed in 2017 by Rose Homes Investment. 19 sold in the last 12 months.

Typical price per sqft
AED 951 Up 6.8%
Typical sale
AED 1M
Typical rent
AED 63K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 10th floor

All 297 units in Sherena Residence
Value
A10011-bedAED 625K · Mar 2021
A10022-bedAED 1.03M · Mar 2024
A10041-bedAED 680K · Oct 2023
A10051-bedAED 680K · Oct 2017
A10061-bedAED 775K · Nov 2022
B10012-bedAED 1.02M · Dec 2024
B1002StudioNo registered sale
1–7 of 24

A1003, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 2 July 2015 for AED 724,780, or AED 822 per sqft.
  • Rented since February 2018 on 10 Ejari contracts. The rent fell from AED 51,429 to AED 45,000 in 2024 and recovered to AED 51,975 by February 2026.
  • At AED 51,975 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 9,700 a year (AED 10.95 per sqft).
  • One-beds in Sherena Residence sold for AED 860,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 1 February 2026.

Questions about A1003, Sherena Residence

What did unit A1003 last sell for?

AED 724,780 on 2 July 2015, sold by the developer: AED 822 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit A1003?

AED 51,975 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 49,500; the unit has been rented since February 2018.

How big is unit A1003?

881 sqft (81.8 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit A1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherena Residence sold for AED 860,000 to 1,000,000 in the last 12 months, around AED 951 per sqft.

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Mortgage on A1003, Sherena Residence

Starts from the last sale price (AED 725K, 2 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 724,780
Deposit, UAE resident (20%)
AED 144,956
Deposit, non-resident (40%)
AED 289,912
Monthly over 25 years at 3.7%
AED 2,965

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →