1-bed · 907 sqftSherena Residence, Majan · 8th floor · completed 2017

A801, Sherena Residence

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A801 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 820K12 November 2024
Current rentAED 50K /yr2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A801, Sherena Residence

What is A801 worth today?

Last sold for AED 820,000 in 2024

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12 Nov 2024SoldReady
AED 820,000AED 904 per sqft
2 Nov 2023RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
14 Apr 2021RentedNew contract
AED 39,889/yr12 months · AED 44 per sqft
12 Apr 2021SoldReady
AED 640,000AED 705 per sqft
20 Oct 2017RentedNew contract
AED 53,143/yr14 months · AED 59 per sqft
9 Jan 2017Sold by developerOff-plan
AED 638,197AED 703 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
8th of 10
Parking
G-94
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 820K · November 2024

About A801, Sherena Residence

A801 is a one-bedroom apartment of 907 sqft on the 8th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 12 November 2024 for AED 820,000, or AED 904 per sqft, 5% above the AED 865 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 2 November 2023, is AED 50,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for A801 over time

Sales
Unit A801, 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, January 2017: AED 638,197 (AED 703 per sqft)Sold, April 2021: AED 640,000 (AED 705 per sqft)Sold, November 2024: AED 820,000 (AED 904 per sqft)

A801 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A801, 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, October 2017: AED 53,143 a yearNew contract, April 2021: AED 39,889 a yearNew contract, November 2023: AED 50,000 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 A801 sits

All 123 1-beds →

A801 last sold in November 2024 at AED 904 per sqft, 5% above what one-beds in Sherena Residence were fetching at the time (AED 865). A801's AED 50,000 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 8th floor

All 297 units in Sherena Residence
Value
A8023-bedAED 1.6M · Oct 2017
A8044-bedNo registered sale
A8061-bedAED 615K · Nov 2017
B8012-bedAED 1.03M · Nov 2024
B802StudioAED 480K · Apr 2024
B803StudioAED 480K · Oct 2024
B8041-bedAED 800K · Oct 2024
1–7 of 21

A801, Sherena Residence in numbers

  • Sold 3 times: first on 9 January 2017 for AED 638,197, last on 12 November 2024 for AED 820,000 (AED 904 per sqft).
  • Rented since October 2017 on 3 Ejari contracts. The rent fell from AED 53,143 to AED 39,889 in 2021 and recovered to AED 50,000 by November 2023.
  • At AED 50,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 9,900 a year (AED 10.95 per sqft).

Source: Dubai Land Department. Updated 12 November 2024.

Questions about A801, Sherena Residence

What did unit A801 last sell for?

AED 820,000 on 12 November 2024: AED 904 per sqft for 907 sqft. The unit has 3 registered sales; the first was AED 638,197 in January 2017.

What is the rent for unit A801?

AED 50,000 a year on the contract signed on 2 November 2023. The previous contract, from April 2021, was AED 39,889; the unit has been rented since October 2017.

How big is unit A801?

907 sqft (84.3 sqm): a one-bedroom apartment on the 8th floor of a 10-storey tower completed in 2017.

What is unit A801 worth today?

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

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Mortgage on A801, Sherena Residence

Starts from the last sale price (AED 820K, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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