2-bed · 1,351 sqftSherena Residence, Majan · 7th floor · completed 2017

C706, Sherena Residence

Sold prices and rental history: sold twice, last in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C706 · DLD and Ejari recordsUpdated 20 February 2018
Last soldAED 1M20 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C706, Sherena Residence

What is C706 worth today?

Last sold for AED 1,000,000 in 2018

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20 Feb 2018SoldReady
AED 1,000,000AED 740 per sqft
14 Aug 2016Sold by developerOff-plan
AED 896,896AED 663 per sqft

Source: Dubai Land Department. Updated 20 February 2018.

Key facts

Type
2-bed apartment
Size
1,351 sqft
Floor
7th of 10
Parking
G-57
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1M · February 2018

About C706, Sherena Residence

C706 is a two-bedroom apartment of 1,351 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 20 February 2018 for AED 1,000,000, or AED 740 per sqft, 5% below the AED 779 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for C706 over time

Sales
Unit C706, 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, August 2016: AED 896,896 (AED 663 per sqft)Sold, February 2018: AED 1,000,000 (AED 740 per sqft)

C706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C706, 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 85,000

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 C706 sits

All 98 2-beds →

C706 last sold in February 2018 at AED 740 per sqft, 5% below what two-beds in Sherena Residence were fetching at the time (AED 779). 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.

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

C706, Sherena Residence in numbers

  • Sold twice: first on 14 August 2016 for AED 896,896, last on 20 February 2018 for AED 1,000,000 (AED 740 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 20 February 2018.

Questions about C706, Sherena Residence

What did unit C706 last sell for?

AED 1,000,000 on 20 February 2018: AED 740 per sqft for 1,351 sqft. The unit has 2 registered sales; the first was AED 896,896 in August 2016.

How big is unit C706?

1,351 sqft (125.5 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit C706 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 C706, Sherena Residence

Starts from the last sale price (AED 1M, 20 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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