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2-bed · 1,682 sqftSherena Residence, Majan · 1st floor · completed 2017

A108, Sherena Residence

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A108 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 1.3M11 July 2018
Current rentAED 64K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A108, Sherena Residence

What is A108 worth today?

Last sold for AED 1,300,000 in 2018

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7 Sep 2024RentedRenewal
AED 64,143/yr9 months · AED 38 per sqft
7 Sep 2023RentedRenewal
AED 58,500/yr12 months · AED 35 per sqft
7 Sep 2022RentedRenewal
AED 53,000/yr12 months · AED 32 per sqft
7 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 30 per sqft
11 Jul 2018Sold by developerReady
AED 1,300,000AED 772 per sqft

Source: Dubai Land Department. Updated 7 September 2024.

Key facts

Type
2-bed apartment
Size
1,682 sqft
Floor
1st of 10
Parking
B-08
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 18,400 /yr
Last sold
AED 1.3M · July 2018
Building
Sherena Residence

About A108, Sherena Residence

A108 is a two-bedroom apartment of 1,682 sqft on the 1st floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 11 July 2018 for AED 1,300,000, or AED 772 per sqft, 6% above the AED 729 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 7 September 2024, is AED 64,143 a year: a gross yield of 4.9% on the 2018 price, before the service charge of about AED 18,400 a year.

Sales and rents for A108 over time

Sales
Unit A108, each saleTypical two-bed in Sherena Residence
1M1.25M2016201920222025Typical sale price by year: 2016 AED 985,611; 2017 AED 980,382; 2018 AED 849,225; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000Sold by developer, July 2018: AED 1,300,000 (AED 772 per sqft)

A108 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A108, each contractTypical two-bed in Sherena Residence
60K80K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 68,571; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 50,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 67,224; 2025 AED 86,500; 2026 AED 90,000New contract, September 2021: AED 50,000 a yearRenewal, September 2022: AED 53,000 a yearRenewal, September 2023: AED 58,500 a yearRenewal, September 2024: AED 64,143 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sherena Residence, and where A108 sits

All 96 2-beds →

A108 last sold in July 2018 at AED 772 per sqft, 6% above what two-beds in Sherena Residence were fetching at the time (AED 729). Over the last 12 months two-beds sold for AED 1,270,000, around AED 938 per sqft, and rent for AED 67,489 to 101,000 a year. A108's AED 64,143 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20261,270,000
24 Jul 20251,130,000
11 Jun 20251,150,000
1 May 20251,175,000
1 2-bed sale in the last 12 months

Sherena Residence

Building

297 apartments, studios to 4-bed over 10 floors in Majan, completed in 2017 by Rose Homes Investment. 5 sold in the last 12 months.

Typical price per sqft
AED 1,158
Typical sale
AED 530K
Typical rent
AED 66K /yr
Typical yield
6.1%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 1st floor

All 297 units in Sherena Residence
Value
A1011-bedAED 750K · Aug 2017
A1022-bedAED 900K · Nov 2018
A1031-bedAED 700K · Sep 2017
A1041-bedAED 800K · Nov 2024
A1051-bedAED 690K · May 2018
A1062-bedAED 700K · Apr 2018
A107AED 1.45M · Aug 2025
1–7 of 27

A108, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 11 July 2018 for AED 1,300,000, or AED 772 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 50,000 to AED 64,143 a year.
  • At AED 64,143 a year the gross yield on the 2018 price is 4.9%, before a service charge of about AED 18,400 a year (AED 10.95 per sqft).
  • Two-beds in Sherena Residence sold for AED 1,270,000–1,270,000 in the 12 months to November 2026; the building's median across all types is AED 1,158 per sqft.

Source: Dubai Land Department. Updated 7 September 2024.

Questions about A108, Sherena Residence

What did unit A108 last sell for?

AED 1,300,000 on 11 July 2018, sold by the developer: AED 772 per sqft for 1,682 sqft. It is the only registered sale of the unit.

What is the rent for unit A108?

AED 64,143 a year on the contract renewed on 7 September 2024. The previous contract, from September 2023, was AED 58,500; the unit has been rented since September 2021.

How big is unit A108?

1,682 sqft (156.3 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2017.

What is unit A108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherena Residence sold for AED 1,270,000 to 1,270,000 in the last 12 months, around AED 938 per sqft.

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Mortgage on A108, Sherena Residence

Starts from the last sale price (AED 1.3M, 11 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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