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2-bed · 1,347 sqftSherena Residence, Majan · 7th floor · completed 2017

A702, Sherena Residence

Sold prices and rental history: sold twice, last in March 2026, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A702 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 1.2M25 March 2026
Current rentAED 65K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A702, Sherena Residence

What is A702 worth today?

Last sold for AED 1,200,000 in 2026

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25 Mar 2026SoldReady
AED 1,200,000AED 890 per sqft
1 Aug 2020RentedRenewal
AED 65,000/yr12 months · AED 48 per sqft
1 Aug 2019RentedNew contract
AED 71,000/yr12 months · AED 53 per sqft
24 Dec 2017RentedNew contract
AED 66,857/yr14 months · AED 50 per sqft
1 Nov 2017Sold by developerReady
AED 563,990AED 418 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
7th of 10
Parking
G-38
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.2M · March 2026
Building
Sherena Residence

About A702, Sherena Residence

A702 is a two-bedroom apartment of 1,347 sqft on the 7th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 25 March 2026 for AED 1,200,000, or AED 890 per sqft, in line with the AED 894 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 65,000 a year: a gross yield of 5.4% on the 2026 price, before the service charge of about AED 14,800 a year.

Sales and rents for A702 over time

Sales
Unit A702, each saleTypical two-bed in Sherena Residence
500K1M2016201920222025Typical 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, November 2017: AED 563,990 (AED 418 per sqft)Sold, March 2026: AED 1,200,000 (AED 890 per sqft)

A702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A702, 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, December 2017: AED 66,857 a yearNew contract, August 2019: AED 71,000 a yearRenewal, August 2020: AED 65,000 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 A702 sits

All 98 2-beds →

A702 last sold in March 2026 at AED 890 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 894). 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. A702's AED 65,000 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
11 Mar 20261,210,000
11 Mar 20261,200,000
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 7th floor

All 297 units in Sherena Residence
Value
A7011-bedAED 865K · Apr 2025
A7031-bedAED 800K · Sep 2024
A7041-bedAED 550K · Apr 2022
A7051-bedAED 550K · Sep 2022
A7062-bedAED 880K · Mar 2023
A7072-bedAED 950K · Mar 2019
A7082-bedAED 910K · Jan 2024
1–7 of 32

A702, Sherena Residence in numbers

  • Sold twice: first on 1 November 2017 for AED 563,990, last on 25 March 2026 for AED 1,200,000 (AED 890 per sqft).
  • Rented since December 2017 on 3 Ejari contracts, from AED 66,857 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2026 price is 5.4%, 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 25 March 2026.

Questions about A702, Sherena Residence

What did unit A702 last sell for?

AED 1,200,000 on 25 March 2026: AED 890 per sqft for 1,347 sqft. The unit has 2 registered sales; the first was AED 563,990 in November 2017.

What is the rent for unit A702?

AED 65,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 71,000; the unit has been rented since December 2017.

How big is unit A702?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit A702 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 A702, Sherena Residence

Starts from the last sale price (AED 1.2M, 25 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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