2-bed · 1,060 sqftSherena Residences 2, Majan · 7th floor · completed 2022

711, Sherena Residences 2

Sold prices and rental history: sold once, by the developer in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 900K4 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Sherena Residences 2

What is 711 worth today?

Last sold for AED 900,000 in 2024

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4 Mar 2024Sold by developerOff-plan
AED 900,000AED 848 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
2-bed apartment
Size
1,060 sqft
Floor
7th of 10
Parking
1
Developer
Rose Homes Investment
Completed
2022
Last sold
AED 900K · March 2024

About 711, Sherena Residences 2

711 is a two-bedroom apartment of 1,060 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 4 March 2024 for AED 900,000, or AED 848 per sqft, 4% below the AED 883 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical two-bed in Sherena Residences 2
900K950K202320242025Typical sale price by year: 2023 AED 941,369; 2024 AED 966,000Sold by developer, March 2024: AED 900,000 (AED 848 per sqft)

711 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Sherena Residences 2, and where 711 sits

All 14 2-beds →

711 last sold in March 2024 at AED 848 per sqft, 4% below what two-beds in Sherena Residences 2 were fetching at the time (AED 883).

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jun 2024880,000
29 Apr 2024979,000
19 Apr 2024978,000
21 Mar 2024954,000
0 2-bed 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
705StudioAED 500K · Jun 2024
706StudioAED 381K · Mar 2023
707StudioAED 350K · May 2023
1–7 of 11

711, Sherena Residences 2 in numbers

  • Sold once: by Rose Homes Investment on 4 March 2024 for AED 900,000, or AED 848 per sqft.

Source: Dubai Land Department. Updated 4 March 2024.

Questions about 711, Sherena Residences 2

What did unit 711 last sell for?

AED 900,000 on 4 March 2024, sold by the developer: AED 848 per sqft for 1,060 sqft. It is the only registered sale of the unit.

How big is unit 711?

1,060 sqft (98.5 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2022.

What is unit 711 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 711, Sherena Residences 2

Starts from the last sale price (AED 900K, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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