Studio · 436 sqftSherena Residence, Majan · 4th floor · completed 2017

A409, Sherena Residence

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A409 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 370K20 July 2023
Current rentAED 44K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A409, Sherena Residence

What is A409 worth today?

Last sold for AED 370,000 in 2023

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10 Apr 2026RentedRenewal
AED 44,000/yr12 months · AED 100 per sqft
10 Apr 2025RentedNew contract
AED 44,000/yr12 months · AED 100 per sqft
1 Sep 2024RentedNew contract
AED 44,000/yr12 months · AED 100 per sqft
16 Aug 2023RentedNew contract
AED 39,000/yr12 months · AED 88 per sqft
20 Jul 2023SoldReady
AED 370,000AED 848 per sqft
4 Mar 2021RentedRenewal
AED 30,000/yr12 months · AED 68 per sqft
4 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
10 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
4th of 10
Parking
B-179
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 370K · July 2023

About A409, Sherena Residence

A409 is a studio of 436 sqft on the 4th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 20 July 2023 for AED 370,000, or AED 848 per sqft, in line with the AED 846 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 44,000 a year: a gross yield of 11.9% on the 2023 price, before the service charge of about AED 4,800 a year.

Sales and rents for A409 over time

Sales
Unit A409, each saleTypical studio in Sherena Residence
400K2016201920222025Typical 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, November 2017: AED 359,500 (AED 824 per sqft)Sold, July 2023: AED 370,000 (AED 848 per sqft)

A409 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A409, 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, September 2019: AED 30,000 a yearNew contract, March 2020: AED 30,000 a yearRenewal, March 2021: AED 30,000 a yearNew contract, August 2023: AED 39,000 a yearNew contract, September 2024: AED 44,000 a yearNew contract, April 2025: AED 44,000 a yearRenewal, April 2026: AED 44,000 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 A409 sits

All 64 studios →

A409 last sold in July 2023 at AED 848 per sqft, in line with what studios in Sherena Residence were fetching at the time (AED 846). 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. A409's AED 44,000 is in the lower half 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 4th floor

All 297 units in Sherena Residence
Value
A4011-bedAED 610K · Aug 2022
A4022-bedAED 1.21M · Mar 2026
A4031-bedAED 761K · Sep 2016
A4041-bedAED 650K · Apr 2018
A4051-bedAED 564K · Aug 2018
A4062-bedAED 1.2M · Mar 2026
A4072-bedAED 849K · Sep 2018
1–7 of 32

A409, Sherena Residence in numbers

  • Sold twice: first on 22 November 2017 for AED 359,500, last on 20 July 2023 for AED 370,000 (AED 848 per sqft).
  • Rented since September 2019 on 7 Ejari contracts, from AED 30,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 11.9%, 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 10 April 2026.

Questions about A409, Sherena Residence

What did unit A409 last sell for?

AED 370,000 on 20 July 2023: AED 848 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 359,500 in November 2017.

What is the rent for unit A409?

AED 44,000 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 44,000; the unit has been rented since September 2019.

How big is unit A409?

436 sqft (40.5 sqm): a studio on the 4th floor of a 10-storey tower completed in 2017.

What is unit A409 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 A409, Sherena Residence

Starts from the last sale price (AED 370K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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