Studio · 522 sqftSherena Residences 2, Majan · 2nd floor · completed 2022

203, 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 203 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 310K21 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Sherena Residences 2

What is 203 worth today?

Last sold for AED 310,000 in 2023

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21 Mar 2023Sold by developerOff-plan
AED 310,000AED 593 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
2nd of 10
Parking
1
Developer
Rose Homes Investment
Completed
2022
Last sold
AED 310K · March 2023

About 203, Sherena Residences 2

203 is a studio of 522 sqft on the 2nd floor of Sherena Residences 2, a 10-storey tower in Majan completed in 2022 by Rose Homes Investment. The developer sold it on 21 March 2023 for AED 310,000, or AED 593 per sqft, 17% below the AED 715 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 203 over time

Sales
Unit 203, 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 310,000 (AED 593 per sqft)

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

Studios in Sherena Residences 2, and where 203 sits

All 58 studios →

203 last sold in March 2023 at AED 593 per sqft, 17% below what studios in Sherena Residences 2 were fetching at the time (AED 715).

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 2nd floor

All 94 units in Sherena Residences 2
Value
201StudioAED 561K · Sep 2023
2041-bedAED 1.02M · Sep 2024
205StudioAED 407K · May 2023
206StudioAED 428K · Jul 2023
207StudioAED 550K · Aug 2025
2081-bedAED 850K · Dec 2023
2101-bedAED 775K · Jan 2024
1–7 of 9

203, Sherena Residences 2 in numbers

  • Sold once: by Rose Homes Investment on 21 March 2023 for AED 310,000, or AED 593 per sqft.

Source: Dubai Land Department. Updated 21 March 2023.

Questions about 203, Sherena Residences 2

What did unit 203 last sell for?

AED 310,000 on 21 March 2023, sold by the developer: AED 593 per sqft for 522 sqft. It is the only registered sale of the unit.

How big is unit 203?

522 sqft (48.5 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2022.

What is unit 203 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 203, Sherena Residences 2

Starts from the last sale price (AED 310K, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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