2-bed · 1,349 sqftSherena Residence, Majan · 3rd floor · completed 2017

A306, Sherena Residence

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

Unit A306 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 625K29 March 2018
Current rentAED 70K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A306, Sherena Residence

What is A306 worth today?

Last sold for AED 625,000 in 2018

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5 Jun 2026RentedRenewal
AED 70,037/yr12 months · AED 52 per sqft
5 Jun 2025RentedRenewal
AED 66,702/yr12 months · AED 50 per sqft
5 Jun 2025RentedRenewal
AED 66,702/yr12 months · AED 50 per sqft
5 Jun 2024RentedRenewal
AED 63,350/yr12 months · AED 47 per sqft
5 Jun 2024RentedRenewal
AED 63,350/yr12 months · AED 47 per sqft
5 Jun 2023RentedRenewal
AED 63,350/yr12 months · AED 47 per sqft
5 Jun 2022RentedRenewal
AED 57,750/yr12 months · AED 43 per sqft
5 Jun 2021RentedNew contract
AED 50,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
2-bed apartment
Size
1,349 sqft
Floor
3rd of 10
Parking
B-107
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 625K · March 2018

About A306, Sherena Residence

A306 is a two-bedroom apartment of 1,349 sqft on the 3rd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 29 March 2018 for AED 625,000, or AED 463 per sqft, 35% below the AED 717 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 70,037 a year: a gross yield of 11.2% on the 2018 price, before the service charge of about AED 14,800 a year.

Sales and rents for A306 over time

Sales
Unit A306, each saleTypical two-bed in Sherena Residence
1M2016201920222025Typical 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, March 2018: AED 625,000 (AED 463 per sqft)

A306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A306, 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, June 2018: AED 78,000 a yearNew contract, June 2021: AED 50,000 a yearRenewal, June 2022: AED 57,750 a yearRenewal, June 2023: AED 63,350 a yearRenewal, June 2024: AED 63,350 a yearRenewal, June 2024: AED 63,350 a yearRenewal, June 2025: AED 66,702 a yearRenewal, June 2025: AED 66,702 a yearRenewal, June 2026: AED 70,037 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 A306 sits

All 98 2-beds →

A306 last sold in March 2018 at AED 463 per sqft, 35% below what two-beds in Sherena Residence were fetching at the time (AED 717). 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. A306's AED 70,037 is in the lower 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 3rd floor

All 297 units in Sherena Residence
Value
A3011-bedAED 365K · Oct 2017
A3022-bedAED 1.07M · Aug 2017
A3031-bedAED 750K · Aug 2024
A3041-bedAED 760K · Jul 2025
A3051-bedAED 800K · May 2025
A3072-bedAED 1.18M · May 2025
A3082-bedAED 1.15M · Jun 2025
1–7 of 31

A306, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 29 March 2018 for AED 625,000, or AED 463 per sqft.
  • Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 78,000 to AED 50,000 in 2021 and recovered to AED 70,037 by June 2026.
  • At AED 70,037 a year the gross yield on the 2018 price is 11.2%, 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 5 June 2026.

Questions about A306, Sherena Residence

What did unit A306 last sell for?

AED 625,000 on 29 March 2018, sold by the developer: AED 463 per sqft for 1,349 sqft. It is the only registered sale of the unit.

What is the rent for unit A306?

AED 70,037 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 66,702; the unit has been rented since June 2018.

How big is unit A306?

1,349 sqft (125.3 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit A306 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 A306, Sherena Residence

Starts from the last sale price (AED 625K, 29 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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