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Studio · 437 sqftSherena Residence, Majan · 7th floor · completed 2017

A710, Sherena Residence

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A710 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 360K27 August 2020
Current rentAED 20K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A710, Sherena Residence

What is A710 worth today?

Last sold for AED 360,000 in 2020

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1 Dec 2023RentedNew contract
AED 20,000/yr36 months · AED 45 per sqft
27 Aug 2020SoldReady
AED 360,000AED 823 per sqft
1 Dec 2019RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
1 Feb 2018RentedNew contract
AED 34,286/yr14 months · AED 78 per sqft
5 Dec 2017RentedNew contract
AED 38,571/yr14 months · AED 87 per sqft
22 Aug 2016Sold by developerOff-plan
AED 316,775AED 724 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
7th of 10
Parking
G-93
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 360K · August 2020
Building
Sherena Residence

About A710, Sherena Residence

A710 is a studio of 437 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 27 August 2020 for AED 360,000, or AED 823 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 December 2023, is AED 20,000 a year: a gross yield of 5.6% on the 2020 price, before the service charge of about AED 4,800 a year.

Sales and rents for A710 over time

Sales
Unit A710, 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 724 per sqft)Sold, August 2020: AED 360,000 (AED 823 per sqft)

A710 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A710, each contractTypical studio in Sherena Residence
20K40K2017202020232026Typical 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 38,571 a yearNew contract, February 2018: AED 34,286 a yearNew contract, December 2019: AED 30,000 a yearNew contract, December 2023: AED 20,000 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 A710 sits

All 64 studios →

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. A710's AED 20,000 is at the bottom 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 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

A710, Sherena Residence in numbers

  • Sold twice: first on 22 August 2016 for AED 316,775, last on 27 August 2020 for AED 360,000 (AED 823 per sqft).
  • Rented since December 2017 on 4 Ejari contracts, from AED 38,571 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2020 price is 5.6%, 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 1 December 2023.

Questions about A710, Sherena Residence

What did unit A710 last sell for?

AED 360,000 on 27 August 2020: AED 823 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 316,775 in August 2016.

What is the rent for unit A710?

AED 20,000 a year on the contract signed on 1 December 2023. The previous contract, from December 2019, was AED 30,000; the unit has been rented since December 2017.

How big is unit A710?

437 sqft (40.6 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit A710 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 A710, Sherena Residence

Starts from the last sale price (AED 360K, 27 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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