1-bed · 881 sqftSherena Residence, Majan · 6th floor · completed 2017

A603, Sherena Residence

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

Unit A603 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 723K18 July 2017
Current rentAED 54K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A603, Sherena Residence

What is A603 worth today?

Last sold for AED 723,388 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2025RentedRenewal
AED 53,500/yr12 months · AED 61 per sqft
1 May 2025RentedRenewal
AED 57,802/yr10 months · AED 65 per sqft
1 May 2024RentedRenewal
AED 52,500/yr12 months · AED 59 per sqft
1 May 2023RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
4 Feb 2020RentedRenewal
AED 52,000/yr12 months · AED 59 per sqft
4 Jan 2019RentedNew contract
AED 60,000/yr13 months · AED 68 per sqft
4 Nov 2017RentedNew contract
AED 51,429/yr14 months · AED 58 per sqft
18 Jul 2017Sold by developerOff-plan
AED 723,388AED 820 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
6th of 10
Parking
G-29
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,700 /yr
Last sold
AED 723K · July 2017

About A603, Sherena Residence

A603 is a one-bedroom apartment of 881 sqft on the 6th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 18 July 2017 for AED 723,388, or AED 820 per sqft, in line with the AED 809 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 53,500 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 9,700 a year.

Sales and rents for A603 over time

Sales
Unit A603, each saleTypical one-bed in Sherena Residence
600K800K2015201820212024Typical sale price by year: 2015 AED 724,780; 2016 AED 694,408; 2017 AED 703,088; 2018 AED 546,511; 2021 AED 597,500; 2022 AED 562,500; 2023 AED 680,000; 2024 AED 792,500; 2025 AED 810,000Sold by developer, July 2017: AED 723,388 (AED 820 per sqft)

A603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A603, each contractTypical one-bed in Sherena Residence
40K60K2017202020232026Typical rent by year: 2017 AED 51,429; 2018 AED 50,571; 2019 AED 50,000; 2020 AED 42,462; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 44,100; 2024 AED 50,856; 2025 AED 59,500; 2026 AED 63,500New contract, November 2017: AED 51,429 a yearNew contract, January 2019: AED 60,000 a yearRenewal, February 2020: AED 52,000 a yearNew contract, May 2023: AED 50,000 a yearRenewal, May 2024: AED 52,500 a yearRenewal, May 2025: AED 53,500 a yearRenewal, May 2025: AED 57,802 a year

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

1-beds in Sherena Residence, and where A603 sits

All 123 1-beds →

A603 last sold in July 2017 at AED 820 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 809). A603's AED 53,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2025760,000
20 May 2025865,000
12 May 2025800,000
1 May 2025820,000
0 1-bed sales 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 6th floor

All 297 units in Sherena Residence
Value
A6011-bedAED 800K · Jul 2024
A6022-bedAED 1.13M · May 2017
A6041-bedAED 840K · Feb 2025
A6051-bedAED 560K · Sep 2022
A6062-bedAED 900K · Jan 2024
A6072-bedAED 440K · Dec 2019
A6082-bedAED 820K · Jan 2018
1–7 of 32

A603, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 18 July 2017 for AED 723,388, or AED 820 per sqft.
  • Rented since November 2017 on 7 Ejari contracts, from AED 51,429 to AED 53,500 a year.
  • At AED 53,500 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 9,700 a year (AED 10.95 per sqft).

Source: Dubai Land Department. Updated 1 May 2025.

Questions about A603, Sherena Residence

What did unit A603 last sell for?

AED 723,388 on 18 July 2017, sold by the developer: AED 820 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit A603?

AED 53,500 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 57,802; the unit has been rented since November 2017.

How big is unit A603?

881 sqft (81.8 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2017.

What is unit A603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling A603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A603, Sherena Residence

Starts from the last sale price (AED 723K, 18 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 723,388
Deposit, UAE resident (20%)
AED 144,678
Deposit, non-resident (40%)
AED 289,355
Monthly over 25 years at 3.7%
AED 2,960

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