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Studio · 436 sqftSherena Residence, Majan · 7th floor · completed 2017

C709, Sherena Residence

Sold prices and rental history: sold twice, last in September 2018, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C709 · DLD and Ejari recordsUpdated 6 September 2018
Last soldAED 420K6 September 2018
Current rentAED 39K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C709, Sherena Residence

What is C709 worth today?

Last sold for AED 420,000 in 2018

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6 Sep 2018SoldReady
AED 420,000AED 962 per sqft
1 Nov 2017RentedNew contract
AED 38,571/yr14 months · AED 87 per sqft
14 Aug 2016Sold by developerOff-plan
AED 288,262AED 660 per sqft

Source: Dubai Land Department. Updated 6 September 2018.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
7th of 10
Parking
G-60
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 420K · September 2018
Building
Sherena Residence

About C709, Sherena Residence

C709 is a studio of 436 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 6 September 2018 for AED 420,000, or AED 962 per sqft, 17% above the AED 822 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2017. The current contract, signed on 1 November 2017, is AED 38,571 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 4,800 a year.

Sales and rents for C709 over time

Sales
Unit C709, each saleTypical studio in Sherena Residence
400K2016201920222025Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,500Sold by developer, August 2016: AED 288,262 (AED 660 per sqft)Sold, September 2018: AED 420,000 (AED 962 per sqft)

C709 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit C709, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 33,250; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,660; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 43,500New contract, November 2017: AED 38,571 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Sherena Residence, and where C709 sits

All 64 studios →

C709 last sold in September 2018 at AED 962 per sqft, 17% above what studios in Sherena Residence were fetching at the time (AED 822). Over the last 12 months studios sold for AED 475,000 to 580,000, around AED 1,158 per sqft, and rent for AED 35,700 to 60,000 a year. C709's AED 38,571 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
29 Jul 2026475,000
22 Jul 2026580,000
6 Feb 2026529,000
7 studio 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

C709, Sherena Residence in numbers

  • Sold twice: first on 14 August 2016 for AED 288,262, last on 6 September 2018 for AED 420,000 (AED 962 per sqft).
  • Rented since November 2017 on one Ejari contract, at AED 38,571 a year.
  • At AED 38,571 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 4,800 a year (AED 10.95 per sqft).
  • Studios in Sherena Residence sold for AED 475,000–580,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 6 September 2018.

Questions about C709, Sherena Residence

What did unit C709 last sell for?

AED 420,000 on 6 September 2018: AED 962 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 288,262 in August 2016.

What is the rent for unit C709?

AED 38,571 a year on the contract signed on 1 November 2017.

How big is unit C709?

436 sqft (40.5 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit C709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sherena Residence sold for AED 475,000 to 580,000 in the last 12 months, around AED 1,158 per sqft.

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Mortgage on C709, Sherena Residence

Starts from the last sale price (AED 420K, 6 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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