1-bed · 870 sqftSherena Residence, Majan · 9th floor · completed 2017

C905, Sherena Residence

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C905 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 522K16 October 2018
Current rentAED 13K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C905, Sherena Residence

What is C905 worth today?

Last sold for AED 522,096 in 2018

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1 Dec 2021RentedRenewal · flagged as an outlier
AED 13,333/yr36 months · AED 15 per sqft
1 Dec 2021RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
1 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
1 May 2019RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft
16 Oct 2018Sold by developerReady
AED 522,096AED 600 per sqft
15 Oct 2017RentedNew contract
AED 51,429/yr14 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
9th of 10
Parking
G-70
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 522K · October 2018

About C905, Sherena Residence

C905 is a one-bedroom apartment of 870 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 16 October 2018 for AED 522,096, or AED 600 per sqft, 14% below the AED 699 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 13,333 a year: a gross yield of 2.5% on the 2018 price, before the service charge of about AED 9,500 a year.

Sales and rents for C905 over time

Sales
Unit C905, 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, October 2018: AED 522,096 (AED 600 per sqft)

C905 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C905, 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, October 2017: AED 51,429 a yearNew contract, May 2019: AED 45,000 a yearNew contract, December 2020: AED 38,000 a yearRenewal, December 2021: AED 40,000 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 C905 sits

All 123 1-beds →

C905 last sold in October 2018 at AED 600 per sqft, 14% below what one-beds in Sherena Residence were fetching at the time (AED 699). 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. C905's AED 13,333 is at the bottom 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

C905, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 16 October 2018 for AED 522,096, or AED 600 per sqft.
  • Rented since October 2017 on 5 Ejari contracts, from AED 51,429 to AED 13,333 a year.
  • At AED 13,333 a year the gross yield on the 2018 price is 2.5%, 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 1 December 2021.

Questions about C905, Sherena Residence

What did unit C905 last sell for?

AED 522,096 on 16 October 2018, sold by the developer: AED 600 per sqft for 870 sqft. It is the only registered sale of the unit.

What is the rent for unit C905?

AED 13,333 a year on the contract renewed on 1 December 2021. The previous contract, from December 2021, was AED 40,000; the unit has been rented since October 2017.

How big is unit C905?

870 sqft (80.8 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2017.

What is unit C905 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 C905, Sherena Residence

Starts from the last sale price (AED 522K, 16 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 522,096
Deposit, UAE resident (20%)
AED 104,419
Deposit, non-resident (40%)
AED 208,838
Monthly over 25 years at 3.7%
AED 2,136

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