Studio · 476 sqftSherena Residences 2, Majan · 7th floor · completed 2022

701, Sherena Residences 2

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

Unit 701 · DLD and Ejari recordsUpdated 29 September 2023
Last soldAED 561K29 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Sherena Residences 2

What is 701 worth today?

Last sold for AED 561,159 in 2023

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29 Sep 2023Sold by developerOff-plan
AED 561,159AED 1,177 per sqft

Source: Dubai Land Department. Updated 29 September 2023.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
7th of 10
Parking
1
Developer
Rose Homes Investment
Completed
2022
Last sold
AED 561K · September 2023

About 701, Sherena Residences 2

701 is a studio of 476 sqft on the 7th floor of Sherena Residences 2, a 10-storey tower in Majan completed in 2022 by Rose Homes Investment. The developer sold it on 29 September 2023 for AED 561,159, or AED 1,177 per sqft, 47% above the AED 800 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical studio in Sherena Residences 2
400K500K2023202420252026Typical sale price by year: 2023 AED 399,000; 2024 AED 500,000; 2025 AED 561,159Sold by developer, September 2023: AED 561,159 (AED 1,177 per sqft)

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

Studios in Sherena Residences 2, and where 701 sits

All 58 studios →

701 last sold in September 2023 at AED 1,177 per sqft, 47% above what studios in Sherena Residences 2 were fetching at the time (AED 800).

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 7th floor

All 94 units in Sherena Residences 2
Value
702StudioAED 452K · Sep 2023
703StudioAED 387K · Apr 2023
7041-bedAED 760K · Apr 2023
705StudioAED 500K · Jun 2024
706StudioAED 381K · Mar 2023
707StudioAED 350K · May 2023
7081-bedAED 896K · Sep 2023
1–7 of 11

701, Sherena Residences 2 in numbers

  • Sold once: by Rose Homes Investment on 29 September 2023 for AED 561,159, or AED 1,177 per sqft.

Source: Dubai Land Department. Updated 29 September 2023.

Questions about 701, Sherena Residences 2

What did unit 701 last sell for?

AED 561,159 on 29 September 2023, sold by the developer: AED 1,177 per sqft for 476 sqft. It is the only registered sale of the unit.

How big is unit 701?

476 sqft (44.2 sqm): a studio on the 7th floor of a 10-storey tower completed in 2022.

What is unit 701 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 701, Sherena Residences 2

Starts from the last sale price (AED 561K, 29 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 561,159
Deposit, UAE resident (20%)
AED 112,232
Deposit, non-resident (40%)
AED 224,464
Monthly over 25 years at 3.7%
AED 2,296

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