Studio · 522 sqftSherena Residences 2, Majan · 10th floor · completed 2022

1003, Sherena Residences 2

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 24 March 2023
Last soldAED 325K24 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Sherena Residences 2

What is 1003 worth today?

Last sold for AED 325,000 in 2023

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24 Mar 2023Sold by developerOff-plan
AED 325,000AED 622 per sqft

Source: Dubai Land Department. Updated 24 March 2023.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
10th of 10
Parking
1
Developer
Rose Homes Investment
Completed
2022
Last sold
AED 325K · March 2023

About 1003, Sherena Residences 2

1003 is a studio of 522 sqft on the 10th floor of Sherena Residences 2, a 10-storey tower in Majan completed in 2022 by Rose Homes Investment. The developer sold it on 24 March 2023 for AED 325,000, or AED 622 per sqft, in line with the AED 630 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in Sherena Residences 2
400K600K2023202420252026Typical sale price by year: 2023 AED 399,000; 2024 AED 500,000; 2025 AED 561,159Sold by developer, March 2023: AED 325,000 (AED 622 per sqft)

1003 has sold once; the dashed line is the studio median of each year in the building.

Studios in Sherena Residences 2, and where 1003 sits

All 58 studios →

1003 last sold in March 2023 at AED 622 per sqft, in line with what studios in Sherena Residences 2 were fetching at the time (AED 630).

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2025610,000
4 Sep 2025550,000
26 Aug 2025550,000
10 Jul 2025561,159
0 studio sales in the last 12 months

Sherena Residences 2

Building

94 apartments, studios to 2-bed over 10 floors in Majan, completed in 2022 by Rose Homes Investment. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Sherena Residences 2, Majan: prices, sales and rents →

Other units on the 10th floor

All 94 units in Sherena Residences 2
Value
1001StudioAED 561K · Jul 2025
1002StudioAED 452K · Oct 2023
10041-bedAED 860K · Sep 2023
1005StudioAED 381K · Jun 2023
1006StudioAED 381K · Jul 2024
1007StudioAED 497K · Aug 2023
10081-bedAED 840K · Nov 2023
1–7 of 11

1003, Sherena Residences 2 in numbers

  • Sold once: by Rose Homes Investment on 24 March 2023 for AED 325,000, or AED 622 per sqft.

Source: Dubai Land Department. Updated 24 March 2023.

Questions about 1003, Sherena Residences 2

What did unit 1003 last sell for?

AED 325,000 on 24 March 2023, sold by the developer: AED 622 per sqft for 522 sqft. It is the only registered sale of the unit.

How big is unit 1003?

522 sqft (48.5 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1003, Sherena Residences 2

Starts from the last sale price (AED 325K, 24 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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