2-bed · 1,275 sqftSherena Residence, Majan · 4th floor · completed 2017

A407, Sherena Residence

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

Unit A407 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 849K26 September 2018
Current rentAED 90K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A407, Sherena Residence

What is A407 worth today?

Last sold for AED 849,225 in 2018

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20 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
15 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 59 per sqft
15 Dec 2023RentedRenewal
AED 66,000/yr12 months · AED 52 per sqft
15 Dec 2022RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
15 Dec 2020RentedRenewal
AED 55,000/yr12 months · AED 43 per sqft
15 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
26 Sep 2018Sold by developerReady
AED 849,225AED 665 per sqft
1 Oct 2017RentedNew contract
AED 70,286/yr14 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
2-bed apartment
Size
1,275 sqft
Floor
4th of 10
Parking
B-177
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,000 /yr
Last sold
AED 849K · September 2018

About A407, Sherena Residence

A407 is a two-bedroom apartment of 1,275 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 26 September 2018 for AED 849,225, or AED 665 per sqft, 7% below the AED 712 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 20 September 2025, is AED 90,000 a year: a gross yield of 10.6% on the 2018 price, before the service charge of about AED 14,000 a year.

Sales and rents for A407 over time

Sales
Unit A407, each saleTypical two-bed in Sherena Residence
900K1M2016201920222025Typical 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, September 2018: AED 849,225 (AED 665 per sqft)

A407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A407, 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, October 2017: AED 70,286 a yearNew contract, December 2019: AED 65,000 a yearRenewal, December 2020: AED 55,000 a yearRenewal, December 2022: AED 60,000 a yearRenewal, December 2023: AED 66,000 a yearRenewal, December 2024: AED 75,000 a yearNew contract, September 2025: AED 90,000 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 A407 sits

All 96 2-beds →

A407 last sold in September 2018 at AED 665 per sqft, 7% below what two-beds in Sherena Residence were fetching at the time (AED 712). 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. A407's AED 90,000 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
A4022-bedAED 625K · Feb 2018
A4031-bedAED 761K · Sep 2016
A4041-bedAED 650K · Apr 2018
A4051-bedAED 564K · Aug 2018
A4062-bedAED 625K · Feb 2018
A4082-bedAED 900K · Jan 2024
1–7 of 32

A407, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 26 September 2018 for AED 849,225, or AED 665 per sqft.
  • Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 70,286 to AED 55,000 in 2020 and recovered to AED 90,000 by September 2025.
  • At AED 90,000 a year the gross yield on the 2018 price is 10.6%, before a service charge of about AED 14,000 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 20 September 2025.

Questions about A407, Sherena Residence

What did unit A407 last sell for?

AED 849,225 on 26 September 2018, sold by the developer: AED 665 per sqft for 1,275 sqft. It is the only registered sale of the unit.

What is the rent for unit A407?

AED 90,000 a year on the contract signed on 20 September 2025. The previous contract, from December 2024, was AED 75,000; the unit has been rented since October 2017.

How big is unit A407?

1,275 sqft (118.5 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit A407 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 A407, Sherena Residence

Starts from the last sale price (AED 849K, 26 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 849,225
Deposit, UAE resident (20%)
AED 169,845
Deposit, non-resident (40%)
AED 339,690
Monthly over 25 years at 3.7%
AED 3,474

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