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1-bed · 865 sqftSherena Residence, Majan · 9th floor · completed 2017

C904, Sherena Residence

Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C904 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 519K5 September 2018
Current rentAED 46K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C904, Sherena Residence

What is C904 worth today?

Last sold for AED 519,192 in 2018

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10 May 2024RentedRenewal
AED 45,980/yr12 months · AED 53 per sqft
10 May 2023RentedRenewal
AED 45,980/yr12 months · AED 53 per sqft
10 May 2022RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
5 Sep 2018Sold by developerReady
AED 519,192AED 600 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
9th of 10
Parking
G-69
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 519K · September 2018
Building
Sherena Residence

About C904, Sherena Residence

C904 is a one-bedroom apartment of 865 sqft on the 9th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 5 September 2018 for AED 519,192, or AED 600 per sqft, 16% below the AED 713 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 45,980 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 9,500 a year.

Sales and rents for C904 over time

Sales
Unit C904, 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, September 2018: AED 519,192 (AED 600 per sqft)

C904 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C904, 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, May 2022: AED 38,000 a yearRenewal, May 2023: AED 45,980 a yearRenewal, May 2024: AED 45,980 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 C904 sits

All 123 1-beds →

C904 last sold in September 2018 at AED 600 per sqft, 16% below what one-beds in Sherena Residence were fetching at the time (AED 713). 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. C904's AED 45,980 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 9th floor

All 297 units in Sherena Residence
Value
A9011-bedAED 590K · Feb 2023
A9022-bedAED 1.02M · Feb 2024
A9031-bedAED 725K · Jul 2015
A9041-bedAED 725K · Jul 2015
A9051-bedAED 725K · Jul 2015
A9061-bedAED 650K · Dec 2024
A9071-bedAED 615K · Jan 2017
1–7 of 26

C904, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 5 September 2018 for AED 519,192, or AED 600 per sqft.
  • Rented since May 2022 on 3 Ejari contracts, from AED 38,000 to AED 45,980 a year.
  • At AED 45,980 a year the gross yield on the 2018 price is 8.9%, 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 10 May 2024.

Questions about C904, Sherena Residence

What did unit C904 last sell for?

AED 519,192 on 5 September 2018, sold by the developer: AED 600 per sqft for 865 sqft. It is the only registered sale of the unit.

What is the rent for unit C904?

AED 45,980 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 45,980; the unit has been rented since May 2022.

How big is unit C904?

865 sqft (80.4 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2017.

What is unit C904 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 C904, Sherena Residence

Starts from the last sale price (AED 519K, 5 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 519,192
Deposit, UAE resident (20%)
AED 103,838
Deposit, non-resident (40%)
AED 207,677
Monthly over 25 years at 3.7%
AED 2,124

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