2-bed · 1,276 sqftSherena Residence, Majan · 4th floor · completed 2017

C407, Sherena Residence

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

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Unit C407 · DLD and Ejari recordsUpdated 12 August 2023

Last soldAED 995K21 December 2017

Current rentAED 58K /yr12 August 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for C407, Sherena Residence

Today

What is C407 worth today?

Last sold for AED 994,882 in 2017

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12 Aug 2023

12 Aug 2023RentedRenewal

AED 58,300/yr12 months · AED 46 per sqft

12 Aug 2022

12 Aug 2022RentedRenewal

AED 58,300/yr12 months · AED 46 per sqft

12 Aug 2021

12 Aug 2021RentedRenewal

AED 53,000/yr12 months · AED 42 per sqft

12 Aug 2020

12 Aug 2020RentedRenewal

AED 57,000/yr12 months · AED 45 per sqft

12 Aug 2019

12 Aug 2019RentedNew contract

AED 65,000/yr12 months · AED 51 per sqft

11 Jun 2018

11 Jun 2018RentedNew contract

AED 76,000/yr14 months · AED 59 per sqft

21 Dec 2017

21 Dec 2017Sold by developerReady

AED 994,882AED 779 per sqft

Source: Dubai Land Department. Updated 12 August 2023.

Key facts

Type: 2-bed apartment
Size: 1,276 sqft
Floor: 4th of 10
Parking: B-146
Developer: Rose Homes Investment
Completed: 2017
Service charge: AED 14,000 /yr
Last sold: AED 995K · December 2017
Building: Sherena Residence

About C407, Sherena Residence

C407 is a two-bedroom apartment of 1,276 sqft on the 4th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 21 December 2017 for AED 994,882, or AED 779 per sqft, 4% below the AED 813 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 12 August 2023, is AED 58,300 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 14,000 a year.

Sales and rents for C407 over time

Sales

Unit C407, each saleTypical two-bed in Sherena Residence

C407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit C407, each contractTypical two-bed in Sherena Residence

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 C407 sits

All 98 2-beds →

2-beds in Sherena Residence · last 12 months890 /sqft Sherena Residence · all types951 /sqft

C407 last sold in December 2017 at AED 779 per sqft, 4% below what two-beds in Sherena Residence were fetching at the time (AED 813). 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. C407's AED 58,300 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
10 Jun 202610 June 2026	1,351 sqft	1,150,000	851
17 Apr 202617 April 2026	1,347 sqft	1,250,000	927
25 Mar 202625 March 2026	1,347 sqft	1,200,000	890
11 Mar 202611 March 2026	1,347 sqft	1,210,000	898

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 4th floor

All 297 units in Sherena Residence


A401	1-bed	908 sqft	AED 610KAED 610,000 · Aug 2022August 2022
A402	2-bed	1,347 sqft	AED 1.21MAED 1,210,000 · Mar 2026March 2026	90,000 /yr
A403	1-bed	881 sqft	AED 761KAED 761,021 · Sep 2016September 2016	60,000 /yr
A404	1-bed	865 sqft	AED 650KAED 650,000 · Apr 2018April 2018	60,000 /yr
A405	1-bed	869 sqft	AED 564KAED 564,206 · Aug 2018August 2018	70,000 /yr
A406	2-bed	1,348 sqft	AED 1.2MAED 1,200,000 · Mar 2026March 2026	63,454 /yr
A407	2-bed	1,275 sqft	AED 849KAED 849,225 · Sep 2018September 2018	85,000 /yr
A408	2-bed	1,143 sqft	AED 900KAED 900,000 · Jan 2024January 2024	60,900 /yr
A409	Studio	436 sqft	AED 370KAED 370,000 · Jul 2023July 2023	44,000 /yr
A410	Studio	438 sqft	AED 433KAED 433,000 · May 2024May 2024	45,000 /yr
B401	2-bed	1,349 sqft	AED 1.04MAED 1,035,000 · Oct 2024October 2024	62,059 /yr
B402	Studio	434 sqft	No registered sale	50,000 /yr
B403	Studio	474 sqft	AED 400KAED 400,000 · Nov 2023November 2023	28,000 /yr
B404	1-bed	904 sqft	AED 680KAED 680,000 · Aug 2023August 2023	60,000 /yr
B405	2-bed	1,309 sqft	AED 1.03MAED 1,030,000 · Jul 2024July 2024	82,000 /yr
B406	1-bed	869 sqft	No registered sale	60,000 /yr
B407	1-bed	869 sqft	AED 650KAED 650,000 · Dec 2023December 2023	56,000 /yr
B408	2-bed	1,309 sqft	AED 1.05MAED 1,050,000 · Aug 2024August 2024	60,625 /yr
B409	1-bed	904 sqft	AED 860KAED 860,000 · Aug 2026August 2026	44,178 /yr
B410	Studio	474 sqft	AED 400KAED 400,000 · Aug 2023August 2023	44,000 /yr
B411	Studio	433 sqft	No registered sale	50,000 /yr
B412	2-bed	1,349 sqft	AED 1.05MAED 1,050,000 · Jun 2024June 2024	57,200 /yr
B413	3-bed	1,730 sqft	AED 1.17MAED 1,170,000 · May 2023May 2023	85,000 /yr
C401	1-bed	908 sqft	AED 708KAED 708,045 · Nov 2017November 2017	44,000 /yr
C402	2-bed	1,349 sqft	AED 1.15MAED 1,150,000 · May 2024May 2024	93,000 /yr
C403	1-bed	881 sqft	AED 717KAED 716,777 · Jan 2017January 2017	65,000 /yr
C404	1-bed	865 sqft	AED 703KAED 703,088 · Jan 2017January 2017	54,000 /yr
C405	1-bed	869 sqft	AED 703KAED 703,088 · Jan 2017January 2017	65,000 /yr
C406	2-bed	1,351 sqft	AED 1.15MAED 1,150,000 · May 2024May 2024	66,701 /yr
C408	2-bed	1,143 sqft	AED 892KAED 891,712 · Nov 2017November 2017	90,000 /yr
C409	Studio	436 sqft	AED 340KAED 340,213 · Nov 2017November 2017	30,000 /yr
C410	Studio	439 sqft	AED 342KAED 342,100 · Dec 2017December 2017	40,000 /yr

1–7 of 32

C407, Sherena Residence in numbers

Sold once: by Rose Homes Investment on 21 December 2017 for AED 994,882, or AED 779 per sqft.
Rented since June 2018 on 6 Ejari contracts, from AED 76,000 to AED 58,300 a year.
At AED 58,300 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 14,000 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 12 August 2023.

Questions about C407, Sherena Residence

What did unit C407 last sell for?

AED 994,882 on 21 December 2017, sold by the developer: AED 779 per sqft for 1,276 sqft. It is the only registered sale of the unit.

What is the rent for unit C407?

AED 58,300 a year on the contract renewed on 12 August 2023. The previous contract, from August 2022, was AED 58,300; the unit has been rented since June 2018.

How big is unit C407?

1,276 sqft (118.5 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit C407 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 C407, Sherena Residence

Starts from the last sale price (AED 995K, 21 December 2017). Switch to today's estimate once you have unlocked it.

Price: AED 994,882
Deposit, UAE resident (20%): AED 198,976
Deposit, non-resident (40%): AED 397,953
Monthly over 25 years at 3.7%: AED 4,070

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