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1-bed · 880 sqftSherena Residence, Majan · 1st floor · completed 2017

C103, Sherena Residence

Sold prices and rental history: sold twice, last in April 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C103 · DLD and Ejari recordsUpdated 18 April 2023
Last soldAED 650K18 April 2023
Current rentAED 40K /yr20 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C103, Sherena Residence

What is C103 worth today?

Last sold for AED 650,000 in 2023

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18 Apr 2023SoldReady
AED 650,000AED 738 per sqft
20 Jun 2022RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
1 Aug 2019RentedNew contract
AED 46,000/yr12 months · AED 52 per sqft
20 Apr 2018RentedNew contract
AED 49,714/yr14 months · AED 56 per sqft
13 Dec 2017Sold by developerReady
AED 365,000AED 414 per sqft

Source: Dubai Land Department. Updated 18 April 2023.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
1st of 10
Parking
B-30
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,600 /yr
Last sold
AED 650K · April 2023
Building
Sherena Residence

About C103, Sherena Residence

C103 is a one-bedroom apartment of 880 sqft on the 1st floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 18 April 2023 for AED 650,000, or AED 738 per sqft, 14% above the AED 649 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 June 2022, is AED 40,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for C103 over time

Sales
Unit C103, each saleTypical one-bed in Sherena Residence
500K750K20152018202120242027Typical 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, December 2017: AED 365,000 (AED 414 per sqft)Sold, April 2023: AED 650,000 (AED 738 per sqft)

C103 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit C103, 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, April 2018: AED 49,714 a yearNew contract, August 2019: AED 46,000 a yearNew contract, June 2022: 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 C103 sits

All 123 1-beds →

C103 last sold in April 2023 at AED 738 per sqft, 14% above what one-beds in Sherena Residence were fetching at the time (AED 649). 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. C103'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 64K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 1st floor

All 297 units in Sherena Residence
Value
A1011-bedAED 750K · Aug 2017
A1022-bedAED 900K · Nov 2018
A1031-bedAED 700K · Sep 2017
A1041-bedAED 800K · Nov 2024
A1051-bedAED 690K · May 2018
A1062-bedAED 700K · Apr 2018
A1072-bedAED 1.45M · Aug 2025
1–7 of 27

C103, Sherena Residence in numbers

  • Sold twice: first on 13 December 2017 for AED 365,000, last on 18 April 2023 for AED 650,000 (AED 738 per sqft).
  • Rented since April 2018 on 3 Ejari contracts, from AED 49,714 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 9,600 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 18 April 2023.

Questions about C103, Sherena Residence

What did unit C103 last sell for?

AED 650,000 on 18 April 2023: AED 738 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 365,000 in December 2017.

What is the rent for unit C103?

AED 40,000 a year on the contract signed on 20 June 2022. The previous contract, from August 2019, was AED 46,000; the unit has been rented since April 2018.

How big is unit C103?

880 sqft (81.8 sqm): a one-bedroom apartment on the 1st floor of a 10-storey tower completed in 2017.

What is unit C103 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 C103, Sherena Residence

Starts from the last sale price (AED 650K, 18 April 2023). 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 →