Studio · 476 sqftSherena Residences 2, Majan · 4th floor · completed 2022

407, 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 407 · DLD and Ejari recordsUpdated 13 March 2023
Last soldAED 300K13 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Sherena Residences 2

What is 407 worth today?

Last sold for AED 300,000 in 2023

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13 Mar 2023Sold by developerOff-plan
AED 300,000AED 630 per sqft

Source: Dubai Land Department. Updated 13 March 2023.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
4th of 10
Parking
1
Developer
Rose Homes Investment
Completed
2022
Last sold
AED 300K · March 2023

About 407, Sherena Residences 2

407 is a studio of 476 sqft on the 4th floor of Sherena Residences 2, a 10-storey tower in Majan completed in 2022 by Rose Homes Investment. The developer sold it on 13 March 2023 for AED 300,000, or AED 630 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 407 over time

Sales
Unit 407, 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 300,000 (AED 630 per sqft)

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

Studios in Sherena Residences 2, and where 407 sits

All 58 studios →

407 last sold in March 2023 at AED 630 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 4th floor

All 94 units in Sherena Residences 2
Value
401StudioAED 561K · Sep 2023
402StudioAED 305K · Apr 2023
403StudioAED 290K · Mar 2023
405StudioAED 300K · Mar 2023
406StudioAED 550K · Sep 2025
4081-bedAED 850K · Jan 2024
4092-bedAED 1.16M · Feb 2024
1–7 of 10

407, Sherena Residences 2 in numbers

  • Sold once: by Rose Homes Investment on 13 March 2023 for AED 300,000, or AED 630 per sqft.

Source: Dubai Land Department. Updated 13 March 2023.

Questions about 407, Sherena Residences 2

What did unit 407 last sell for?

AED 300,000 on 13 March 2023, sold by the developer: AED 630 per sqft for 476 sqft. It is the only registered sale of the unit.

How big is unit 407?

476 sqft (44.2 sqm): a studio on the 4th floor of a 10-storey tower completed in 2022.

What is unit 407 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 407, Sherena Residences 2

Starts from the last sale price (AED 300K, 13 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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