A308, Sherena Residence
Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A308, Sherena Residence
What is A308 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,143 sqft
- Floor
- 3rd of 10
- Parking
- B-115
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.15M · June 2025
- Building
- Sherena Residence
About A308, Sherena Residence
A308 is a two-bedroom apartment of 1,143 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 11 June 2025 for AED 1,150,000, or AED 1,005 per sqft, 31% above the AED 769 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 May 2026, is AED 70,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 12,500 a year.
Sales and rents for A308 over time
A308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 A308 sits
All 98 2-beds →A308 last sold in June 2025 at AED 1,005 per sqft, 31% above what two-beds in Sherena Residence were fetching at the time (AED 769). 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. A308's AED 70,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 1,351 sqft | 1,150,000 | 851 | ||
| 17 Apr 202617 April 2026 | 1,347 sqft | 1,250,000 | 927 | ||
| 25 Mar 202625 March 2026 | 1,347 sqft | 1,200,000 | 890 | ||
| 11 Mar 202611 March 2026 | 1,347 sqft | 1,210,000 | 898 |
Sherena Residence
Building297 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%
Other units on the 3rd floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A301 | 1-bed | 908 sqft | AED 365KAED 364,680 · Oct 2017October 2017 | 51,975 /yr | |
| A302 | 2-bed | 1,348 sqft | AED 1.07MAED 1,069,368 · Aug 2017August 2017 | 67,000 /yr | |
| A303 | 1-bed | 881 sqft | AED 750KAED 750,000 · Aug 2024August 2024 | 44,000 /yr | |
| A304 | 1-bed | 865 sqft | AED 760KAED 760,000 · Jul 2025July 2025 | 60,000 /yr | |
| A305 | 1-bed | 869 sqft | AED 800KAED 800,000 · May 2025May 2025 | 35,000 /yr | |
| A306 | 2-bed | 1,349 sqft | AED 625KAED 625,000 · Mar 2018March 2018 | 70,037 /yr | |
| A307 | 2-bed | 1,276 sqft | AED 1.18MAED 1,175,000 · May 2025May 2025 | 50,000 /yr | |
| A310 | Studio | 439 sqft | AED 365KAED 365,000 · Feb 2023February 2023 | 51,000 /yr | |
| B301 | 2-bed | 1,353 sqft | AED 1.08MAED 1,080,000 · Feb 2024February 2024 | 50,000 /yr | |
| B302 | Studio | 433 sqft | AED 385KAED 385,000 · Feb 2024February 2024 | 47,000 /yr | |
| B303 | Studio | 474 sqft | AED 325KAED 325,000 · Sep 2024September 2024 | 45,000 /yr | |
| B304 | 1-bed | 904 sqft | AED 680KAED 680,000 · Sep 2023September 2023 | 60,000 /yr | |
| B305 | 2-bed | 1,308 sqft | AED 1.05MAED 1,050,000 · Jul 2024July 2024 | 60,638 /yr | |
| B306 | 1-bed | 869 sqft | AED 800KAED 800,000 · May 2025May 2025 | 35,000 /yr | |
| B307 | 1-bed | 869 sqft | AED 780KAED 780,000 · Oct 2024October 2024 | 35,000 /yr | |
| B308 | 2-bed | 1,308 sqft | AED 1.02MAED 1,020,000 · Jul 2024July 2024 | 95,000 /yr | |
| B309 | 1-bed | 904 sqft | AED 670KAED 670,000 · Dec 2023December 2023 | 65,000 /yr | |
| B310 | Studio | 474 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | 45,000 /yr | |
| B311 | Studio | 434 sqft | AED 450KAED 450,000 · Sep 2024September 2024 | 44,000 /yr | |
| B312 | 2-bed | 1,353 sqft | AED 1.03MAED 1,030,000 · Sep 2024September 2024 | 64,200 /yr | |
| B313 | 3-bed | 1,730 sqft | AED 1.19MAED 1,185,000 · Nov 2023November 2023 | 73,500 /yr | |
| C301 | 1-bed | 908 sqft | No registered sale | 40,000 /yr | |
| C302 | 2-bed | 1,351 sqft | No registered sale | 78,750 /yr | |
| C303 | 1-bed | 881 sqft | AED 835KAED 835,000 · May 2024May 2024 | 62,000 /yr | |
| C304 | 1-bed | 865 sqft | No registered sale | 54,600 /yr | |
| C305 | 1-bed | 869 sqft | No registered sale | 53,482 /yr | |
| C306 | 2-bed | 1,352 sqft | AED 1.04MAED 1,040,000 · Feb 2025February 2025 | 68,250 /yr | |
| C307 | 2-bed | 1,275 sqft | AED 1.04MAED 1,040,000 · Mar 2025March 2025 | 90,000 /yr | |
| C308 | 2-bed | 1,143 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 90,000 /yr | |
| C309 | Studio | 436 sqft | No registered sale | 38,808 /yr | |
| C310 | Studio | 439 sqft | No registered sale | 38,587 /yr |
A308, Sherena Residence in numbers
- Sold twice: first on 14 March 2017 for AED 949,002, last on 11 June 2025 for AED 1,150,000 (AED 1,005 per sqft).
- Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 78,000 to AED 50,000 in 2021 and recovered to AED 70,000 by May 2026.
- At AED 70,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 12,500 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 2026.
Questions about A308, Sherena Residence
What did unit A308 last sell for?
AED 1,150,000 on 11 June 2025: AED 1,005 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 949,002 in March 2017.
What is the rent for unit A308?
AED 70,000 a year on the contract signed on 1 May 2026. The previous contract, from July 2025, was AED 114,732; the unit has been rented since May 2018.
How big is unit A308?
1,143 sqft (106.2 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.
What is unit A308 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 A308, Sherena Residence
Starts from the last sale price (AED 1.15M, 11 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →