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1-bed · 881 sqftSherena Residence, Majan · 7th floor · completed 2017

C703, Sherena Residence

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

Unit C703 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 717K23 January 2017
Current rentAED 68K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C703, Sherena Residence

What is C703 worth today?

Last sold for AED 716,777 in 2017

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20 Sep 2026RentedRenewal
AED 68,000/yr12 months · AED 77 per sqft
20 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
1 Aug 2024RentedRenewal
AED 53,250/yr12 months · AED 60 per sqft
1 Aug 2023RentedRenewal
AED 47,500/yr12 months · AED 54 per sqft
1 Aug 2022RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
15 Aug 2021RentedNew contract
AED 37,000/yr12 months · AED 42 per sqft
8 Dec 2020RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
8 Dec 2019RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
7th of 10
Parking
G-54
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,700 /yr
Last sold
AED 717K · January 2017
Building
Sherena Residence

About C703, Sherena Residence

C703 is a one-bedroom apartment of 881 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 23 January 2017 for AED 716,777, or AED 813 per sqft, in line with the AED 804 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 68,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 9,700 a year.

Sales and rents for C703 over time

Sales
Unit C703, 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, January 2017: AED 716,777 (AED 813 per sqft)

C703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C703, 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, November 2017: AED 51,429 a yearRenewal, January 2019: AED 60,162 a yearNew contract, December 2019: AED 45,000 a yearRenewal, December 2020: AED 45,000 a yearNew contract, August 2021: AED 37,000 a yearNew contract, August 2022: AED 42,000 a yearRenewal, August 2023: AED 47,500 a yearRenewal, August 2024: AED 53,250 a yearNew contract, September 2025: AED 60,000 a yearRenewal, September 2026: AED 68,000 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 C703 sits

All 123 1-beds →

C703 last sold in January 2017 at AED 813 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 804). 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. C703's AED 68,000 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

C703, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 23 January 2017 for AED 716,777, or AED 813 per sqft.
  • Rented since November 2017 on 10 Ejari contracts. The rent fell from AED 51,429 to AED 37,000 in 2021 and recovered to AED 68,000 by September 2026.
  • At AED 68,000 a year the gross yield on the 2017 price is 9.5%, before a service charge of about AED 9,700 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 20 September 2026.

Questions about C703, Sherena Residence

What did unit C703 last sell for?

AED 716,777 on 23 January 2017, sold by the developer: AED 813 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit C703?

AED 68,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since November 2017.

How big is unit C703?

881 sqft (81.8 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit C703 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 C703, Sherena Residence

Starts from the last sale price (AED 717K, 23 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 716,777
Deposit, UAE resident (20%)
AED 143,355
Deposit, non-resident (40%)
AED 286,711
Monthly over 25 years at 3.7%
AED 2,933

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