1-bed · 865 sqftSherena Residence, Majan · 10th floor · completed 2017

A1004, Sherena Residence

Sold prices and rental history: sold twice, last in October 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1004 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 680K2 October 2023
Current rentAED 50K /yr20 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A1004, Sherena Residence

What is A1004 worth today?

Last sold for AED 680,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Oct 2023SoldReady
AED 680,000AED 785 per sqft
20 Dec 2017RentedNew contract
AED 49,714/yr14 months · AED 58 per sqft
15 Oct 2017RentedNew contract
AED 51,429/yr14 months · AED 60 per sqft
9 Jan 2017Sold by developerOff-plan
AED 607,600AED 702 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
10th of 10
Parking
G-106
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 680K · October 2023

About A1004, Sherena Residence

A1004 is a one-bedroom apartment of 865 sqft on the 10th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 2 October 2023 for AED 680,000, or AED 785 per sqft, 4% above the AED 752 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 20 December 2017, is AED 49,714 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for A1004 over time

Sales
Unit A1004, 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, January 2017: AED 607,600 (AED 702 per sqft)Sold, October 2023: AED 680,000 (AED 785 per sqft)

A1004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A1004, 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, October 2017: AED 51,429 a yearNew contract, December 2017: AED 49,714 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 A1004 sits

All 123 1-beds →

A1004 last sold in October 2023 at AED 785 per sqft, 4% above what one-beds in Sherena Residence were fetching at the time (AED 752). 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. A1004's AED 49,714 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
A10031-bedAED 725K · Jul 2015
A10051-bedAED 680K · Oct 2017
A10061-bedAED 775K · Nov 2022
B10012-bedAED 1.02M · Dec 2024
B1002StudioNo registered sale
1–7 of 24

A1004, Sherena Residence in numbers

  • Sold twice: first on 9 January 2017 for AED 607,600, last on 2 October 2023 for AED 680,000 (AED 785 per sqft).
  • Rented since October 2017 on 2 Ejari contracts, from AED 51,429 to AED 49,714 a year.
  • At AED 49,714 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 9,500 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 2 October 2023.

Questions about A1004, Sherena Residence

What did unit A1004 last sell for?

AED 680,000 on 2 October 2023: AED 785 per sqft for 865 sqft. The unit has 2 registered sales; the first was AED 607,600 in January 2017.

What is the rent for unit A1004?

AED 49,714 a year on the contract signed on 20 December 2017. The previous contract, from October 2017, was AED 51,429.

How big is unit A1004?

865 sqft (80.4 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit A1004 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.

Selling A1004? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A1004, Sherena Residence

Starts from the last sale price (AED 680K, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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