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1-bed · 908 sqftSherena Residence, Majan · 7th floor · completed 2017

C701, Sherena Residence

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C701 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 775K8 November 2017
Current rentAED 55K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C701, Sherena Residence

What is C701 worth today?

Last sold for AED 775,000 in 2017

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1 Dec 2025RentedRenewal
AED 54,900/yr12 months · AED 61 per sqft
1 Dec 2025RentedRenewal
AED 48,294/yr12 months · AED 53 per sqft
1 Dec 2024RentedNew contract
AED 49,980/yr12 months · AED 55 per sqft
1 Dec 2023RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
1 Dec 2022RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
1 Dec 2021RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
1 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
8 Nov 2017SoldReady
AED 775,000AED 853 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
7th of 10
Parking
G-11
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 775K · November 2017
Building
Sherena Residence

About C701, Sherena Residence

C701 is a one-bedroom apartment of 908 sqft on the 7th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 8 November 2017 for AED 775,000, or AED 853 per sqft, 5% above the AED 809 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 54,900 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 9,900 a year.

Sales and rents for C701 over time

Sales
Unit C701, 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, August 2016: AED 592,612 (AED 652 per sqft)Sold, November 2017: AED 775,000 (AED 853 per sqft)

C701 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit C701, 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, December 2020: AED 40,000 a yearRenewal, December 2021: AED 40,000 a yearRenewal, December 2022: AED 45,000 a yearRenewal, December 2023: AED 45,000 a yearNew contract, December 2024: AED 49,980 a yearRenewal, December 2025: AED 54,900 a yearRenewal, December 2025: AED 48,294 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 C701 sits

All 123 1-beds →

C701 last sold in November 2017 at AED 853 per sqft, 5% above what one-beds in Sherena Residence were fetching at the time (AED 809). 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. C701's AED 54,900 is in the upper 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 7th floor

All 297 units in Sherena Residence
Value
A7011-bedAED 865K · Apr 2025
A7022-bedAED 1.2M · Mar 2026
A7031-bedAED 800K · Sep 2024
A7041-bedAED 550K · Apr 2022
A7051-bedAED 550K · Sep 2022
A7062-bedAED 880K · Mar 2023
A7072-bedAED 950K · Mar 2019
1–7 of 32

C701, Sherena Residence in numbers

  • Sold twice: first on 14 August 2016 for AED 592,612, last on 8 November 2017 for AED 775,000 (AED 853 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 40,000 to AED 54,900 a year.
  • At AED 54,900 a year the gross yield on the 2017 price is 7.1%, 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 December 2025.

Questions about C701, Sherena Residence

What did unit C701 last sell for?

AED 775,000 on 8 November 2017: AED 853 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 592,612 in August 2016.

What is the rent for unit C701?

AED 54,900 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 48,294; the unit has been rented since December 2020.

How big is unit C701?

908 sqft (84.4 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit C701 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 C701, Sherena Residence

Starts from the last sale price (AED 775K, 8 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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