2-bed · 1,349 sqftSherena Residence, Majan · 7th floor · completed 2017

C702, Sherena Residence

Sold prices and rental history: sold once, by the developer in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C702 · DLD and Ejari recordsUpdated 2 January 2025
Last soldAED 1.02M2 January 2025
Current rentAED 58K /yr10 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C702, Sherena Residence

What is C702 worth today?

Last sold for AED 1,020,000 in 2025

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2 Jan 2025Sold by developerReady
AED 1,020,000AED 755 per sqft
10 Jan 2024RentedNew contract
AED 57,750/yr12 months · AED 43 per sqft
10 Jan 2023RentedRenewal
AED 52,500/yr12 months · AED 39 per sqft
10 Jan 2022RentedRenewal
AED 52,500/yr12 months · AED 39 per sqft
10 Dec 2020RentedNew contract
AED 50,000/yr13 months · AED 37 per sqft
21 Jan 2018RentedNew contract
AED 66,857/yr14 months · AED 50 per sqft

Source: Dubai Land Department. Updated 2 January 2025.

Key facts

Type
2-bed apartment
Size
1,349 sqft
Floor
7th of 10
Parking
G-12
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.02M · January 2025

About C702, Sherena Residence

C702 is a two-bedroom apartment of 1,349 sqft on the 7th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 2 January 2025 for AED 1,020,000, or AED 755 per sqft, in line with the AED 778 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 January 2024, is AED 57,750 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 14,800 a year.

Sales and rents for C702 over time

Sales
Unit C702, each saleTypical two-bed in Sherena Residence
1M1.2M2016201920222025Typical 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, January 2025: AED 1,020,000 (AED 755 per sqft)

C702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit C702, 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, January 2018: AED 66,857 a yearNew contract, December 2020: AED 50,000 a yearRenewal, January 2022: AED 52,500 a yearRenewal, January 2023: AED 52,500 a yearNew contract, January 2024: AED 57,750 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 C702 sits

All 98 2-beds →

C702 last sold in January 2025 at AED 755 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 778). 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. C702's AED 57,750 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 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

C702, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 2 January 2025 for AED 1,020,000, or AED 755 per sqft.
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 66,857 to AED 50,000 in 2020 and recovered to AED 57,750 by January 2024.
  • At AED 57,750 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 14,800 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 2 January 2025.

Questions about C702, Sherena Residence

What did unit C702 last sell for?

AED 1,020,000 on 2 January 2025, sold by the developer: AED 755 per sqft for 1,349 sqft. It is the only registered sale of the unit.

What is the rent for unit C702?

AED 57,750 a year on the contract signed on 10 January 2024. The previous contract, from January 2023, was AED 52,500; the unit has been rented since January 2018.

How big is unit C702?

1,349 sqft (125.3 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit C702 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 C702, Sherena Residence

Starts from the last sale price (AED 1.02M, 2 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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