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1-bed · 869 sqftSherena Residence, Majan · 7th floor · completed 2017

C705, Sherena Residence

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C705 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 720K21 March 2024
Current rentAED 44K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C705, Sherena Residence

What is C705 worth today?

Last sold for AED 720,000 in 2024

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21 Mar 2024SoldReady
AED 720,000AED 828 per sqft
28 Jun 2021SoldReady
AED 550,000AED 633 per sqft
1 Aug 2019RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft
1 Nov 2017RentedNew contract
AED 49,714/yr14 months · AED 57 per sqft
14 Aug 2016Sold by developerOff-plan
AED 564,207AED 649 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
7th of 10
Parking
G-56
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 720K · March 2024
Building
Sherena Residence

About C705, Sherena Residence

C705 is a one-bedroom apartment of 869 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 21 March 2024 for AED 720,000, or AED 828 per sqft, 10% above the AED 752 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 August 2019, is AED 44,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 9,500 a year.

Sales and rents for C705 over time

Sales
Unit C705, 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 564,207 (AED 649 per sqft)Sold, June 2021: AED 550,000 (AED 633 per sqft)Sold, March 2024: AED 720,000 (AED 828 per sqft)

C705 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit C705, 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 49,714 a yearNew contract, August 2019: AED 44,000 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 C705 sits

All 123 1-beds →

C705 last sold in March 2024 at AED 828 per sqft, 10% above what one-beds in Sherena Residence were fetching at the time (AED 752). 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. C705's AED 44,000 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 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

C705, Sherena Residence in numbers

  • Sold 3 times: first on 14 August 2016 for AED 564,207, last on 21 March 2024 for AED 720,000 (AED 828 per sqft).
  • Rented since November 2017 on 2 Ejari contracts, from AED 49,714 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 9,500 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 21 March 2024.

Questions about C705, Sherena Residence

What did unit C705 last sell for?

AED 720,000 on 21 March 2024: AED 828 per sqft for 869 sqft. The unit has 3 registered sales; the first was AED 564,207 in August 2016.

What is the rent for unit C705?

AED 44,000 a year on the contract signed on 1 August 2019. The previous contract, from November 2017, was AED 49,714.

How big is unit C705?

869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit C705 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 C705, Sherena Residence

Starts from the last sale price (AED 720K, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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