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1-bed · 869 sqftSherena Residence, Majan · 10th floor · completed 2017

A1005, Sherena Residence

Sold prices and rental history: sold once, by the developer in October 2017, and rented once, from May 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1005 · DLD and Ejari recordsUpdated 7 May 2018
Last soldAED 680K15 October 2017
Current rentAED 53K /yr7 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1005, Sherena Residence

What is A1005 worth today?

Last sold for AED 680,000 in 2017

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7 May 2018RentedNew contract
AED 53,021/yr14 months · AED 61 per sqft
15 Oct 2017Sold by developerReady
AED 680,000AED 782 per sqft

Source: Dubai Land Department. Updated 7 May 2018.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
10th of 10
Parking
G-107
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 680K · October 2017
Building
Sherena Residence

About A1005, Sherena Residence

A1005 is a one-bedroom apartment of 869 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 15 October 2017 for AED 680,000, or AED 782 per sqft, 3% below the AED 810 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 May 2018. The current contract, signed on 7 May 2018, is AED 53,021 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 9,500 a year.

Sales and rents for A1005 over time

Sales
Unit A1005, 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, October 2017: AED 680,000 (AED 782 per sqft)

A1005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A1005, 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, May 2018: AED 53,021 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 A1005 sits

All 123 1-beds →

A1005 last sold in October 2017 at AED 782 per sqft, 3% below what one-beds in Sherena Residence were fetching at the time (AED 810). 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. A1005's AED 53,021 is in the upper 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
A10041-bedAED 680K · Oct 2023
A10061-bedAED 775K · Nov 2022
B10012-bedAED 1.02M · Dec 2024
B1002StudioNo registered sale
1–7 of 24

A1005, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 15 October 2017 for AED 680,000, or AED 782 per sqft.
  • Rented since May 2018 on one Ejari contract, at AED 53,021 a year.
  • At AED 53,021 a year the gross yield on the 2017 price is 7.8%, 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 7 May 2018.

Questions about A1005, Sherena Residence

What did unit A1005 last sell for?

AED 680,000 on 15 October 2017, sold by the developer: AED 782 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit A1005?

AED 53,021 a year on the contract signed on 7 May 2018.

How big is unit A1005?

869 sqft (80.7 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit A1005 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 A1005, Sherena Residence

Starts from the last sale price (AED 680K, 15 October 2017). 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 →