408, Sherena Residences 2
Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Sherena Residences 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 16 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 996 sqft
- Floor
- 4th of 10
- Parking
- 1
- Developer
- Rose Homes Investment
- Completed
- 2022
- Last sold
- AED 850K · January 2024
- Building
- Sherena Residences 2
About 408, Sherena Residences 2
408 is a one-bedroom apartment of 996 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 16 January 2024 for AED 850,000, or AED 853 per sqft, in line with the AED 848 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Sherena Residences 2, and where 408 sits
All 22 1-beds →408 last sold in January 2024 at AED 853 per sqft, in line with what one-beds in Sherena Residences 2 were fetching at the time (AED 848).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 897 sqft | 800,000 | 891 | ||
| 4 Dec 20244 December 2024 | 996 sqft | 811,422 | 815 | ||
| 31 Oct 202431 October 2024 | 897 sqft | 775,000 | 863 | ||
| 25 Sep 202425 September 2024 | 1,042 sqft | 1,020,000 | 978 |
Sherena Residences 2
Building94 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
Other units on the 4th floor
All 94 units in Sherena Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 476 sqft | AED 561KAED 561,159 · Sep 2023September 2023 | ||
| 402 | Studio | 476 sqft | AED 305KAED 305,000 · Apr 2023April 2023 | ||
| 403 | Studio | 522 sqft | AED 290KAED 290,000 · Mar 2023March 2023 | ||
| 405 | Studio | 476 sqft | AED 300KAED 300,000 · Mar 2023March 2023 | ||
| 406 | Studio | 476 sqft | AED 550KAED 550,000 · Sep 2025September 2025 | ||
| 407 | Studio | 476 sqft | AED 300KAED 300,000 · Mar 2023March 2023 | ||
| 409 | 2-bed | 1,310 sqft | AED 1.16MAED 1,162,970 · Feb 2024February 2024 | ||
| 410 | 1-bed | 897 sqft | AED 775KAED 775,000 · Jan 2024January 2024 | ||
| 411 | 2-bed | 1,101 sqft | AED 880KAED 880,000 · Jun 2024June 2024 | ||
| 412 | Studio | 481 sqft | AED 565KAED 565,000 · Jun 2025June 2025 |
408, Sherena Residences 2 in numbers
- Sold once: by Rose Homes Investment on 16 January 2024 for AED 850,000, or AED 853 per sqft.
Source: Dubai Land Department. Updated 16 January 2024.
Questions about 408, Sherena Residences 2
What did unit 408 last sell for?
AED 850,000 on 16 January 2024, sold by the developer: AED 853 per sqft for 996 sqft. It is the only registered sale of the unit.
How big is unit 408?
996 sqft (92.5 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2022.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 408? Put it on the OpenOffers board
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Mortgage on 408, Sherena Residences 2
Starts from the last sale price (AED 850K, 16 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →