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1-bed · 700 sqftSherena Residence, Majan · 9th floor · completed 2017

A906, Sherena Residence

Sold prices and rental history: sold twice, last in December 2024, and rented once, from May 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A906 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 650K9 December 2024
Current rentAED 52K /yr20 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A906, Sherena Residence

What is A906 worth today?

Last sold for AED 650,000 in 2024

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9 Dec 2024SoldReady
AED 650,000AED 928 per sqft
20 May 2018RentedNew contract
AED 52,000/yr14 months · AED 74 per sqft
25 Jan 2017Sold by developerOff-plan
AED 510,090AED 728 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
9th of 10
Parking
G-101
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 7,700 /yr
Last sold
AED 650K · December 2024
Building
Sherena Residence

About A906, Sherena Residence

A906 is a one-bedroom apartment of 700 sqft on the 9th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 9 December 2024 for AED 650,000, or AED 928 per sqft, 5% above the AED 881 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 May 2018. The current contract, signed on 20 May 2018, is AED 52,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for A906 over time

Sales
Unit A906, 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, January 2017: AED 510,090 (AED 728 per sqft)Sold, December 2024: AED 650,000 (AED 928 per sqft)

A906 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A906, 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, May 2018: AED 52,000 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 A906 sits

All 123 1-beds →

A906 last sold in December 2024 at AED 928 per sqft, 5% above what one-beds in Sherena Residence were fetching at the time (AED 881). 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. A906's AED 52,000 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 64K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 9th floor

All 297 units in Sherena Residence
Value
A9011-bedAED 590K · Feb 2023
A9022-bedAED 1.02M · Feb 2024
A9031-bedAED 725K · Jul 2015
A9041-bedAED 725K · Jul 2015
A9051-bedAED 725K · Jul 2015
A9071-bedAED 615K · Jan 2017
B9012-bedAED 1.27M · Jan 2026
1–7 of 26

A906, Sherena Residence in numbers

  • Sold twice: first on 25 January 2017 for AED 510,090, last on 9 December 2024 for AED 650,000 (AED 928 per sqft).
  • Rented since May 2018 on one Ejari contract, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 7,700 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 9 December 2024.

Questions about A906, Sherena Residence

What did unit A906 last sell for?

AED 650,000 on 9 December 2024: AED 928 per sqft for 700 sqft. The unit has 2 registered sales; the first was AED 510,090 in January 2017.

What is the rent for unit A906?

AED 52,000 a year on the contract signed on 20 May 2018.

How big is unit A906?

700 sqft (65.0 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2017.

What is unit A906 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 A906, Sherena Residence

Starts from the last sale price (AED 650K, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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