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1-bed · 908 sqftSherena Residence, Majan · 6th floor · completed 2017

C601, Sherena Residence

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

Unit C601 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 600K1 March 2023
Current rentAED 42K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C601, Sherena Residence

What is C601 worth today?

Last sold for AED 600,000 in 2023

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1 Mar 2023SoldReady
AED 600,000AED 660 per sqft
1 Dec 2022RentedRenewal
AED 42,000/yr12 months · AED 46 per sqft
1 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
25 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
4 Jan 2018RentedNew contract
AED 62,000/yr12 months · AED 69 per sqft
27 Dec 2017Sold by developerReady
AED 635,404AED 699 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
6th of 10
Parking
G-01
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 600K · March 2023
Building
Sherena Residence

About C601, Sherena Residence

C601 is a one-bedroom apartment of 908 sqft on the 6th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 1 March 2023 for AED 600,000, or AED 660 per sqft, in line with the AED 644 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 42,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for C601 over time

Sales
Unit C601, 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, December 2017: AED 635,404 (AED 699 per sqft)Sold, March 2023: AED 600,000 (AED 660 per sqft)

C601 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit C601, 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, January 2018: AED 62,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, December 2021: AED 40,000 a yearRenewal, December 2022: AED 42,000 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 C601 sits

All 123 1-beds →

C601 last sold in March 2023 at AED 660 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 644). 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. C601's AED 42,000 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 63K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 6th floor

All 297 units in Sherena Residence
Value
A6011-bedAED 800K · Jul 2024
A6022-bedAED 1.25M · Apr 2026
A6031-bedAED 723K · Jul 2017
A6041-bedAED 840K · Feb 2025
A6051-bedAED 560K · Sep 2022
A6062-bedAED 900K · Jan 2024
A6072-bedAED 440K · Dec 2019
1–7 of 32

C601, Sherena Residence in numbers

  • Sold twice: first on 27 December 2017 for AED 635,404, last on 1 March 2023 for AED 600,000 (AED 660 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 62,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 9,900 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 1 March 2023.

Questions about C601, Sherena Residence

What did unit C601 last sell for?

AED 600,000 on 1 March 2023: AED 660 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 635,404 in December 2017.

What is the rent for unit C601?

AED 42,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 40,000; the unit has been rented since January 2018.

How big is unit C601?

908 sqft (84.4 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2017.

What is unit C601 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 C601, Sherena Residence

Starts from the last sale price (AED 600K, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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