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2-bed · 1,276 sqftSherena Residence, Majan · 3rd floor · completed 2017

A307, Sherena Residence

Sold prices and rental history: sold twice, last in May 2025, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A307 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.18M1 May 2025
Current rentAED 50K /yr20 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A307, Sherena Residence

What is A307 worth today?

Last sold for AED 1,175,000 in 2025

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1 May 2025SoldReady
AED 1,175,000AED 921 per sqft
20 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
1 Mar 2019RentedRenewal
AED 70,124/yr14 months · AED 55 per sqft
1 Jan 2018RentedNew contract
AED 70,286/yr14 months · AED 55 per sqft
14 Mar 2017Sold by developerOff-plan
AED 1,068,050AED 837 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,276 sqft
Floor
3rd of 10
Parking
B-108
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,000 /yr
Last sold
AED 1.18M · May 2025
Building
Sherena Residence

About A307, Sherena Residence

A307 is a two-bedroom apartment of 1,276 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 1 May 2025 for AED 1,175,000, or AED 921 per sqft, 18% above the AED 778 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 November 2021, is AED 50,000 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 14,000 a year.

Sales and rents for A307 over time

Sales
Unit A307, each saleTypical two-bed in Sherena Residence
1M1.2M2016201920222025Typical 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, March 2017: AED 1,068,050 (AED 837 per sqft)Sold, May 2025: AED 1,175,000 (AED 921 per sqft)

A307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A307, 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, January 2018: AED 70,286 a yearRenewal, March 2019: AED 70,124 a yearNew contract, November 2021: AED 50,000 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 A307 sits

All 98 2-beds →

A307 last sold in May 2025 at AED 921 per sqft, 18% above what two-beds in Sherena Residence were fetching at the time (AED 778). 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. A307's AED 50,000 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 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
A3031-bedAED 750K · Aug 2024
A3041-bedAED 760K · Jul 2025
A3051-bedAED 800K · May 2025
A3062-bedAED 625K · Mar 2018
A3082-bedAED 1.15M · Jun 2025
1–7 of 31

A307, Sherena Residence in numbers

  • Sold twice: first on 14 March 2017 for AED 1,068,050, last on 1 May 2025 for AED 1,175,000 (AED 921 per sqft).
  • Rented since January 2018 on 3 Ejari contracts, from AED 70,286 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 14,000 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 1 May 2025.

Questions about A307, Sherena Residence

What did unit A307 last sell for?

AED 1,175,000 on 1 May 2025: AED 921 per sqft for 1,276 sqft. The unit has 2 registered sales; the first was AED 1,068,050 in March 2017.

What is the rent for unit A307?

AED 50,000 a year on the contract signed on 20 November 2021. The previous contract, from March 2019, was AED 70,124; the unit has been rented since January 2018.

How big is unit A307?

1,276 sqft (118.5 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit A307 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 A307, Sherena Residence

Starts from the last sale price (AED 1.18M, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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