1-bed · 869 sqftSherena Residence, Majan · 6th floor · completed 2017

A605, Sherena Residence

Sold prices and rental history: sold twice, last in September 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A605 · DLD and Ejari recordsUpdated 21 September 2022
Last soldAED 560K21 September 2022
Current rentAED 40K /yr21 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A605, Sherena Residence

What is A605 worth today?

Last sold for AED 560,000 in 2022

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21 Sep 2022SoldReady
AED 560,000AED 644 per sqft
21 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
5 Nov 2017RentedNew contract
AED 51,429/yr14 months · AED 59 per sqft
22 Oct 2017Sold by developerReady
AED 618,974AED 712 per sqft

Source: Dubai Land Department. Updated 21 September 2022.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
6th of 10
Parking
G-31
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 560K · September 2022

About A605, Sherena Residence

A605 is a one-bedroom apartment of 869 sqft on the 6th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 21 September 2022 for AED 560,000, or AED 644 per sqft, in line with the AED 633 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 21 July 2020, is AED 40,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 9,500 a year.

Sales and rents for A605 over time

Sales
Unit A605, 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, October 2017: AED 618,974 (AED 712 per sqft)Sold, September 2022: AED 560,000 (AED 644 per sqft)

A605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A605, 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 2017: AED 51,429 a yearNew contract, July 2020: AED 40,000 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 A605 sits

All 123 1-beds →

A605 last sold in September 2022 at AED 644 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 633). 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. A605's AED 40,000 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 63K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 6th floor

All 297 units in Sherena Residence
Value
A6011-bedAED 800K · Jul 2024
A6022-bedAED 1.25M · Apr 2026
A6031-bedAED 723K · Jul 2017
A6041-bedAED 840K · Feb 2025
A6062-bedAED 900K · Jan 2024
A6072-bedAED 440K · Dec 2019
A6082-bedAED 820K · Jan 2018
1–7 of 32

A605, Sherena Residence in numbers

  • Sold twice: first on 22 October 2017 for AED 618,974, last on 21 September 2022 for AED 560,000 (AED 644 per sqft).
  • Rented since November 2017 on 2 Ejari contracts, from AED 51,429 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 9,500 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 21 September 2022.

Questions about A605, Sherena Residence

What did unit A605 last sell for?

AED 560,000 on 21 September 2022: AED 644 per sqft for 869 sqft. The unit has 2 registered sales; the first was AED 618,974 in October 2017.

What is the rent for unit A605?

AED 40,000 a year on the contract signed on 21 July 2020. The previous contract, from November 2017, was AED 51,429.

How big is unit A605?

869 sqft (80.7 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2017.

What is unit A605 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.

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Mortgage on A605, Sherena Residence

Starts from the last sale price (AED 560K, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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