2-bed · 1,347 sqftSherena Residence, Majan · 4th floor · completed 2017

A402, Sherena Residence

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A402 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 625K11 February 2018
Current rentAED 95K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A402, Sherena Residence

What is A402 worth today?

Last sold for AED 625,000 in 2018

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1 Aug 2025RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft
1 May 2023RentedRenewal
AED 57,200/yr12 months · AED 43 per sqft
1 May 2022RentedNew contract
AED 52,000/yr12 months · AED 39 per sqft
15 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 37 per sqft
10 Aug 2019RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
11 Feb 2018Sold by developerReady
AED 625,000AED 463 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
4th of 10
Parking
B-119
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 625K · February 2018

About A402, Sherena Residence

A402 is a two-bedroom apartment of 1,347 sqft on the 4th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 11 February 2018 for AED 625,000, or AED 463 per sqft, 41% below the AED 779 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 August 2025, is AED 95,000 a year: a gross yield of 15.2% on the 2018 price, before the service charge of about AED 14,800 a year.

Sales and rents for A402 over time

Sales
Unit A402, each saleTypical two-bed in Sherena Residence
600K800K1M2016201920222025Typical 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, February 2018: AED 625,000 (AED 463 per sqft)

A402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A402, each contractTypical two-bed in Sherena Residence
50K75K100K2017202020232026Typical 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, August 2019: AED 65,000 a yearNew contract, November 2021: AED 50,000 a yearNew contract, May 2022: AED 52,000 a yearRenewal, May 2023: AED 57,200 a yearNew contract, August 2025: AED 95,000 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 A402 sits

All 96 2-beds →

A402 last sold in February 2018 at AED 463 per sqft, 41% below what two-beds in Sherena Residence were fetching at the time (AED 779). 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. A402's AED 95,000 is in the upper half 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 4th floor

All 297 units in Sherena Residence
Value
A4011-bedAED 610K · Aug 2022
A4031-bedAED 761K · Sep 2016
A4041-bedAED 650K · Apr 2018
A4051-bedAED 564K · Aug 2018
A4062-bedAED 625K · Feb 2018
A4072-bedAED 849K · Sep 2018
A4082-bedAED 900K · Jan 2024
1–7 of 32

A402, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 11 February 2018 for AED 625,000, or AED 463 per sqft.
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2021 and recovered to AED 95,000 by August 2025.
  • At AED 95,000 a year the gross yield on the 2018 price is 15.2%, 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 August 2025.

Questions about A402, Sherena Residence

What did unit A402 last sell for?

AED 625,000 on 11 February 2018, sold by the developer: AED 463 per sqft for 1,347 sqft. It is the only registered sale of the unit.

What is the rent for unit A402?

AED 95,000 a year on the contract signed on 1 August 2025. The previous contract, from May 2023, was AED 57,200; the unit has been rented since August 2019.

How big is unit A402?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit A402 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 A402, Sherena Residence

Starts from the last sale price (AED 625K, 11 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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