2-bed · 1,348 sqftSherena Residence, Majan · 3rd floor · completed 2017

A302, Sherena Residence

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A302 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.07M27 August 2017
Current rentAED 62K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A302, Sherena Residence

What is A302 worth today?

Last sold for AED 1,069,368 in 2017

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1 Sep 2025RentedRenewal
AED 61,500/yr12 months · AED 46 per sqft
1 Sep 2025RentedRenewal
AED 66,701/yr12 months · AED 50 per sqft
1 Sep 2025RentedRenewal
AED 71,000/yr12 months · AED 53 per sqft
1 Sep 2024RentedRenewal
AED 63,525/yr12 months · AED 47 per sqft
1 Sep 2023RentedRenewal
AED 57,750/yr12 months · AED 43 per sqft
1 Sep 2022RentedNew contract
AED 55,000/yr12 months · AED 41 per sqft
20 Jun 2018RentedNew contract
AED 64,286/yr14 months · AED 48 per sqft
27 Aug 2017Sold by developerOff-plan
AED 1,069,368AED 793 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
3rd of 10
Parking
B-60
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.07M · August 2017

About A302, Sherena Residence

A302 is a two-bedroom apartment of 1,348 sqft on the 3rd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 27 August 2017 for AED 1,069,368, or AED 793 per sqft, 4% below the AED 825 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 61,500 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 14,800 a year.

Sales and rents for A302 over time

Sales
Unit A302, each saleTypical two-bed in Sherena Residence
900K1M1.1M2016201920222025Typical 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, August 2017: AED 1,069,368 (AED 793 per sqft)

A302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A302, 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, June 2018: AED 64,286 a yearNew contract, September 2022: AED 55,000 a yearRenewal, September 2023: AED 57,750 a yearRenewal, September 2024: AED 63,525 a yearRenewal, September 2025: AED 61,500 a yearRenewal, September 2025: AED 66,701 a yearRenewal, September 2025: AED 71,000 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 A302 sits

All 96 2-beds →

A302 last sold in August 2017 at AED 793 per sqft, 4% below what two-beds in Sherena Residence were fetching at the time (AED 825). 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. A302's AED 61,500 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 3rd floor

All 297 units in Sherena Residence
Value
A3011-bedAED 365K · Oct 2017
A3031-bedAED 750K · Aug 2024
A3041-bedAED 760K · Jul 2025
A3051-bedAED 800K · May 2025
A3062-bedAED 625K · Mar 2018
A3072-bedAED 1.18M · May 2025
A3082-bedAED 1.15M · Jun 2025
1–7 of 31

A302, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 27 August 2017 for AED 1,069,368, or AED 793 per sqft.
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 64,286 to AED 55,000 in 2022 and recovered to AED 61,500 by September 2025.
  • At AED 61,500 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 14,800 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 1 September 2025.

Questions about A302, Sherena Residence

What did unit A302 last sell for?

AED 1,069,368 on 27 August 2017, sold by the developer: AED 793 per sqft for 1,348 sqft. It is the only registered sale of the unit.

What is the rent for unit A302?

AED 61,500 a year on the contract renewed on 1 September 2025. The previous contract, from September 2025, was AED 66,701; the unit has been rented since June 2018.

How big is unit A302?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit A302 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 A302, Sherena Residence

Starts from the last sale price (AED 1.07M, 27 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,069,368
Deposit, UAE resident (20%)
AED 213,874
Deposit, non-resident (40%)
AED 427,747
Monthly over 25 years at 3.7%
AED 4,375

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