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Studio · 436 sqftSherena Residence, Majan · 2nd floor · completed 2017

A209, Sherena Residence

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A209 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 364K16 June 2015
Current rentAED 27K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A209, Sherena Residence

What is A209 worth today?

Last sold for AED 363,653 in 2015

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25 Nov 2022RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
26 Nov 2020RentedRenewal
AED 29,000/yr12 months · AED 66 per sqft
26 Nov 2019RentedRenewal
AED 29,000/yr12 months · AED 66 per sqft
26 Nov 2018RentedRenewal
AED 29,000/yr12 months · AED 66 per sqft
25 Nov 2017RentedNew contract
AED 42,881/yr12 months · AED 97 per sqft
16 Jun 2015Sold by developerOff-plan
AED 363,653AED 833 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
2nd of 10
Parking
B-57
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 364K · June 2015
Building
Sherena Residence

About A209, Sherena Residence

A209 is a studio of 436 sqft on the 2nd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 16 June 2015 for AED 363,653, or AED 833 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 25 November 2022, is AED 27,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 4,800 a year.

Sales and rents for A209 over time

Sales
Unit A209, each saleTypical studio in Sherena Residence
400K20152018202120242027Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,500Sold by developer, June 2015: AED 363,653 (AED 833 per sqft)

A209 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A209, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 33,250; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,660; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 43,500New contract, November 2017: AED 42,881 a yearRenewal, November 2018: AED 29,000 a yearRenewal, November 2019: AED 29,000 a yearRenewal, November 2020: AED 29,000 a yearNew contract, November 2022: AED 27,000 a year

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

Studios in Sherena Residence, and where A209 sits

All 64 studios →

Over the last 12 months studios sold for AED 475,000 to 580,000, around AED 1,158 per sqft, and rent for AED 35,700 to 60,000 a year. A209's AED 27,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
29 Jul 2026475,000
22 Jul 2026580,000
6 Feb 2026529,000
7 studio 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
A2062-bedAED 830K · Jan 2024
A2072-bedAED 1.14M · Nov 2024
1–7 of 30

A209, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 16 June 2015 for AED 363,653, or AED 833 per sqft.
  • Rented since November 2017 on 5 Ejari contracts, from AED 42,881 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 4,800 a year (AED 10.95 per sqft).
  • Studios in Sherena Residence sold for AED 475,000–580,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 25 November 2022.

Questions about A209, Sherena Residence

What did unit A209 last sell for?

AED 363,653 on 16 June 2015, sold by the developer: AED 833 per sqft for 436 sqft. It is the only registered sale of the unit.

What is the rent for unit A209?

AED 27,000 a year on the contract signed on 25 November 2022. The previous contract, from November 2020, was AED 29,000; the unit has been rented since November 2017.

How big is unit A209?

436 sqft (40.5 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2017.

What is unit A209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sherena Residence sold for AED 475,000 to 580,000 in the last 12 months, around AED 1,158 per sqft.

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Mortgage on A209, Sherena Residence

Starts from the last sale price (AED 364K, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 363,653
Deposit, UAE resident (20%)
AED 72,731
Deposit, non-resident (40%)
AED 145,461
Monthly over 25 years at 3.7%
AED 1,488

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