Home
Dubai prices
About
Research
1-bed · 881 sqftSherena Residence, Majan · 3rd floor · completed 2017

A303, Sherena Residence

Sold prices and rental history: sold twice, last in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A303 · DLD and Ejari recordsUpdated 6 August 2024
Last soldAED 750K6 August 2024
Current rentAED 44K /yr16 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow A303

Property timeline for A303, Sherena Residence

What is A303 worth today?

Last sold for AED 750,000 in 2024

Unlock today's estimate, updated daily, with

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

6 Aug 2024SoldReady
AED 750,000AED 850 per sqft
16 Nov 2023RentedRenewal
AED 44,000/yr6 months · AED 50 per sqft
16 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
7 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
27 Aug 2017Sold by developerOff-plan
AED 700,000AED 794 per sqft

Source: Dubai Land Department. Updated 6 August 2024.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
3rd of 10
Parking
B-61
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,700 /yr
Last sold
AED 750K · August 2024
Building
Sherena Residence

About A303, Sherena Residence

A303 is a one-bedroom apartment of 881 sqft on the 3rd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 6 August 2024 for AED 750,000, or AED 850 per sqft, 8% above the AED 785 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 16 November 2023, is AED 44,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 9,700 a year.

Sales and rents for A303 over time

Sales
Unit A303, 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, August 2017: AED 700,000 (AED 794 per sqft)Sold, August 2024: AED 750,000 (AED 850 per sqft)

A303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A303, 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, November 2021: AED 40,000 a yearRenewal, November 2022: AED 40,000 a yearRenewal, November 2023: AED 44,000 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 A303 sits

All 123 1-beds →

A303 last sold in August 2024 at AED 850 per sqft, 8% above what one-beds in Sherena Residence were fetching at the time (AED 785). 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. A303's AED 44,000 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 64K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 3rd floor

All 297 units in Sherena Residence
Value
A3011-bedAED 365K · Oct 2017
A3022-bedAED 1.07M · Aug 2017
A3041-bedAED 760K · Jul 2025
A3051-bedAED 800K · May 2025
A3062-bedAED 625K · Mar 2018
A3072-bedAED 1.18M · May 2025
A3082-bedAED 1.15M · Jun 2025
1–7 of 31

A303, Sherena Residence in numbers

  • Sold twice: first on 27 August 2017 for AED 700,000, last on 6 August 2024 for AED 750,000 (AED 850 per sqft).
  • Rented since November 2021 on 3 Ejari contracts, from AED 40,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 5.9%, 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 6 August 2024.

Questions about A303, Sherena Residence

What did unit A303 last sell for?

AED 750,000 on 6 August 2024: AED 850 per sqft for 881 sqft. The unit has 2 registered sales; the first was AED 700,000 in August 2017.

What is the rent for unit A303?

AED 44,000 a year on the contract renewed on 16 November 2023. The previous contract, from November 2022, was AED 40,000; the unit has been rented since November 2021.

How big is unit A303?

881 sqft (81.8 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit A303 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 A303? 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 A303, Sherena Residence

Starts from the last sale price (AED 750K, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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