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Studio · 436 sqftSherena Residence, Majan · 7th floor · completed 2017

A709, Sherena Residence

Sold prices and rental history: sold 3 times, last in July 2026, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A709 · DLD and Ejari recordsUpdated 29 July 2026
Last soldAED 475K29 July 2026
Current rentAED 36K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A709, Sherena Residence

What is A709 worth today?

Last sold for AED 475,000 in 2026

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29 Jul 2026SoldReady
AED 475,000AED 1,088 per sqft
19 Dec 2022SoldReady
AED 360,000AED 825 per sqft
1 Dec 2017RentedNew contract
AED 36,000/yr14 months · AED 82 per sqft
22 Aug 2016Sold by developerOff-plan
AED 316,775AED 726 per sqft

Source: Dubai Land Department. Updated 29 July 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
7th of 10
Parking
G-92
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 475K · July 2026
Building
Sherena Residence

About A709, Sherena Residence

A709 is a studio of 436 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 29 July 2026 for AED 475,000, or AED 1,088 per sqft, 8% below the AED 1,182 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2017. The current contract, signed on 1 December 2017, is AED 36,000 a year: a gross yield of 7.6% on the 2026 price, before the service charge of about AED 4,800 a year.

Sales and rents for A709 over time

Sales
Unit A709, 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, August 2016: AED 316,775 (AED 726 per sqft)Sold, December 2022: AED 360,000 (AED 825 per sqft)Sold, July 2026: AED 475,000 (AED 1,088 per sqft)

A709 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A709, 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, December 2017: AED 36,000 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 A709 sits

All 64 studios →

A709 last sold in July 2026 at AED 1,088 per sqft, 8% below what studios in Sherena Residence were fetching at the time (AED 1,182). 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. A709's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
22 Jul 2026580,000
6 Feb 2026529,000
29 Jan 2026530,000
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 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
A7022-bedAED 1.2M · Mar 2026
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
1–7 of 32

A709, Sherena Residence in numbers

  • Sold 3 times: first on 22 August 2016 for AED 316,775, last on 29 July 2026 for AED 475,000 (AED 1,088 per sqft).
  • Rented since December 2017 on one Ejari contract, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2026 price is 7.6%, 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 29 July 2026.

Questions about A709, Sherena Residence

What did unit A709 last sell for?

AED 475,000 on 29 July 2026: AED 1,088 per sqft for 436 sqft. The unit has 3 registered sales; the first was AED 316,775 in August 2016.

What is the rent for unit A709?

AED 36,000 a year on the contract signed on 1 December 2017.

How big is unit A709?

436 sqft (40.5 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit A709 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 A709, Sherena Residence

Starts from the last sale price (AED 475K, 29 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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