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2-bed · 1,682 sqftSherena Residence, Majan · 1st floor · completed 2017

C108, Sherena Residence

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C108 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 1.32M27 August 2017
Current rentAED 56K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C108, Sherena Residence

What is C108 worth today?

Last sold for AED 1,318,787 in 2017

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1 Mar 2022RentedNew contract
AED 56,000/yr12 months · AED 33 per sqft
1 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 30 per sqft
1 Aug 2018RentedNew contract
AED 78,000/yr14 months · AED 46 per sqft
27 Aug 2017Sold by developerOff-plan
AED 1,318,787AED 784 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
2-bed apartment
Size
1,682 sqft
Floor
1st of 10
Parking
B-35
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 18,400 /yr
Last sold
AED 1.32M · August 2017
Building
Sherena Residence

About C108, Sherena Residence

C108 is a two-bedroom apartment of 1,682 sqft on the 1st floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 27 August 2017 for AED 1,318,787, or AED 784 per sqft, 5% below the AED 825 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 March 2022, is AED 56,000 a year: a gross yield of 4.3% on the 2017 price, before the service charge of about AED 18,400 a year.

Sales and rents for C108 over time

Sales
Unit C108, each saleTypical two-bed in Sherena Residence
1M1.25M2016201920222025Typical 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, August 2017: AED 1,318,787 (AED 784 per sqft)

C108 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit C108, 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, August 2018: AED 78,000 a yearNew contract, January 2021: AED 50,000 a yearNew contract, March 2022: AED 56,000 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 C108 sits

All 98 2-beds →

C108 last sold in August 2017 at AED 784 per sqft, 5% below what two-beds in Sherena Residence were fetching at the time (AED 825). 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. C108's AED 56,000 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
25 Mar 20261,200,000
11 Mar 20261,210,000
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 63K /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

C108, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 27 August 2017 for AED 1,318,787, or AED 784 per sqft.
  • Rented since August 2018 on 3 Ejari contracts. The rent fell from AED 78,000 to AED 50,000 in 2021 and recovered to AED 56,000 by March 2022.
  • At AED 56,000 a year the gross yield on the 2017 price is 4.3%, before a service charge of about AED 18,400 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 1 March 2022.

Questions about C108, Sherena Residence

What did unit C108 last sell for?

AED 1,318,787 on 27 August 2017, sold by the developer: AED 784 per sqft for 1,682 sqft. It is the only registered sale of the unit.

What is the rent for unit C108?

AED 56,000 a year on the contract signed on 1 March 2022. The previous contract, from January 2021, was AED 50,000; the unit has been rented since August 2018.

How big is unit C108?

1,682 sqft (156.3 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2017.

What is unit C108 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 C108, Sherena Residence

Starts from the last sale price (AED 1.32M, 27 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,318,787
Deposit, UAE resident (20%)
AED 263,757
Deposit, non-resident (40%)
AED 527,515
Monthly over 25 years at 3.7%
AED 5,396

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