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2-bed · 1,350 sqftSherena Residence, Majan · 2nd floor · completed 2017

A206, Sherena Residence

Sold prices and rental history: sold twice, last in January 2024, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A206 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 830K29 January 2024
Current rentAED 78K /yr25 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A206, Sherena Residence

What is A206 worth today?

Last sold for AED 830,000 in 2024

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29 Jan 2024SoldReady
AED 830,000AED 614 per sqft
8 Apr 2019Sold by developerReady
AED 1,000,000AED 740 per sqft
25 Nov 2018RentedNew contract
AED 78,000/yr13 months · AED 58 per sqft

Source: Dubai Land Department. Updated 29 January 2024.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
2nd of 10
Parking
B-54
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 830K · January 2024
Building
Sherena Residence

About A206, Sherena Residence

A206 is a two-bedroom apartment of 1,350 sqft on the 2nd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 29 January 2024 for AED 830,000, or AED 614 per sqft, 14% below the AED 718 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 November 2018. The current contract, signed on 25 November 2018, is AED 78,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for A206 over time

Sales
Unit A206, each saleTypical two-bed in Sherena Residence
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 992,994; 2017 AED 980,382; 2018 AED 874,613; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000; 2026 AED 1,210,000Sold by developer, April 2019: AED 1,000,000 (AED 740 per sqft)Sold, January 2024: AED 830,000 (AED 614 per sqft)

A206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A206, each contractTypical two-bed in Sherena Residence
60K80K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 70,286; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 51,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 66,000; 2025 AED 86,500; 2026 AED 85,000New contract, November 2018: AED 78,000 a year

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

2-beds in Sherena Residence, and where A206 sits

All 98 2-beds →

A206 last sold in January 2024 at AED 614 per sqft, 14% below what two-beds in Sherena Residence were fetching at the time (AED 718). Over the last 12 months two-beds sold for AED 1,150,000 to 1,300,000, around AED 890 per sqft, and rent for AED 40,000 to 105,000 a year. A206's AED 78,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,150,000
17 Apr 20261,250,000
25 Mar 20261,200,000
11 Mar 20261,210,000
7 2-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 2nd floor

All 297 units in Sherena Residence
Value
A2011-bedAED 1.05M · Mar 2017
A2022-bedAED 1.05M · Mar 2025
A2031-bedAED 816K · Aug 2017
A2041-bedAED 651K · Mar 2017
A2051-bedAED 530K · Jan 2022
A2072-bedAED 1.14M · Nov 2024
A209StudioAED 364K · Jun 2015
1–7 of 30

A206, Sherena Residence in numbers

  • Sold twice: first on 8 April 2019 for AED 1,000,000, last on 29 January 2024 for AED 830,000 (AED 614 per sqft).
  • Rented since November 2018 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 14,800 a year (AED 10.95 per sqft).
  • Two-beds in Sherena Residence sold for AED 1,150,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 29 January 2024.

Questions about A206, Sherena Residence

What did unit A206 last sell for?

AED 830,000 on 29 January 2024: AED 614 per sqft for 1,350 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in April 2019.

What is the rent for unit A206?

AED 78,000 a year on the contract signed on 25 November 2018.

How big is unit A206?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2017.

What is unit A206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherena Residence sold for AED 1,150,000 to 1,300,000 in the last 12 months, around AED 890 per sqft.

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Mortgage on A206, Sherena Residence

Starts from the last sale price (AED 830K, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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