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

705, Sherena Residences 2

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 500K12 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Sherena Residences 2

What is 705 worth today?

Last sold for AED 500,000 in 2024

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12 Jun 2024SoldOff-plan
AED 500,000AED 1,051 per sqft
15 Jun 2023Sold by developerOff-plan
AED 400,000AED 840 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
7th of 10
Parking
1
Developer
Rose Homes Investment
Completed
2022
Last sold
AED 500K · June 2024

About 705, Sherena Residences 2

705 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. It last sold on 12 June 2024 for AED 500,000, or AED 1,051 per sqft, 11% above the AED 950 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, June 2023: AED 400,000 (AED 840 per sqft)Sold, June 2024: AED 500,000 (AED 1,051 per sqft)

705 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Sherena Residences 2, and where 705 sits

All 58 studios →

705 last sold in June 2024 at AED 1,051 per sqft, 11% above what studios in Sherena Residences 2 were fetching at the time (AED 950).

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
701StudioAED 561K · Sep 2023
702StudioAED 452K · Sep 2023
703StudioAED 387K · Apr 2023
7041-bedAED 760K · Apr 2023
706StudioAED 381K · Mar 2023
707StudioAED 350K · May 2023
7081-bedAED 896K · Sep 2023
1–7 of 11

705, Sherena Residences 2 in numbers

  • Sold twice: first on 15 June 2023 for AED 400,000, last on 12 June 2024 for AED 500,000 (AED 1,051 per sqft).

Source: Dubai Land Department. Updated 12 June 2024.

Questions about 705, Sherena Residences 2

What did unit 705 last sell for?

AED 500,000 on 12 June 2024: AED 1,051 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 400,000 in June 2023.

How big is unit 705?

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

What is unit 705 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 705, Sherena Residences 2

Starts from the last sale price (AED 500K, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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