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1-bed · 870 sqftSherena Residence, Majan · 10th floor · completed 2017

C1005, 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 C1005 · DLD and Ejari recordsUpdated 14 September 2024
Last soldAED 705K26 July 2017
Current rentAED 56K /yr14 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C1005, Sherena Residence

What is C1005 worth today?

Last sold for AED 705,000 in 2017

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14 Sep 2024RentedNew contract
AED 55,800/yr12 months · AED 64 per sqft
13 Sep 2023RentedNew contract
AED 52,200/yr12 months · AED 60 per sqft
20 Oct 2022RentedRenewal
AED 41,000/yr12 months · AED 47 per sqft
1 Apr 2019RentedNew contract
AED 53,000/yr12 months · AED 61 per sqft
1 Nov 2017RentedNew contract
AED 51,429/yr14 months · AED 59 per sqft
26 Jul 2017Sold by developerOff-plan
AED 705,000AED 810 per sqft

Source: Dubai Land Department. Updated 14 September 2024.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
10th of 10
Parking
G-125
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 705K · July 2017
Building
Sherena Residence

About C1005, Sherena Residence

C1005 is a one-bedroom apartment of 870 sqft on the 10th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 26 July 2017 for AED 705,000, or AED 810 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 5 Ejari contracts. The current contract, signed on 14 September 2024, is AED 55,800 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 9,500 a year.

Sales and rents for C1005 over time

Sales
Unit C1005, 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 705,000 (AED 810 per sqft)

C1005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C1005, 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, April 2019: AED 53,000 a yearRenewal, October 2022: AED 41,000 a yearNew contract, September 2023: AED 52,200 a yearNew contract, September 2024: AED 55,800 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 C1005 sits

All 123 1-beds →

C1005 last sold in July 2017 at AED 810 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 809). C1005's AED 55,800 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 10th floor

All 297 units in Sherena Residence
Value
A10011-bedAED 625K · Mar 2021
A10022-bedAED 1.03M · Mar 2024
A10031-bedAED 725K · Jul 2015
A10041-bedAED 680K · Oct 2023
A10051-bedAED 680K · Oct 2017
A10061-bedAED 775K · Nov 2022
B10012-bedAED 1.02M · Dec 2024
1–7 of 24

C1005, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 26 July 2017 for AED 705,000, or AED 810 per sqft.
  • Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 51,429 to AED 41,000 in 2022 and recovered to AED 55,800 by September 2024.
  • At AED 55,800 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 9,500 a year (AED 10.95 per sqft).

Source: Dubai Land Department. Updated 14 September 2024.

Questions about C1005, Sherena Residence

What did unit C1005 last sell for?

AED 705,000 on 26 July 2017, sold by the developer: AED 810 per sqft for 870 sqft. It is the only registered sale of the unit.

What is the rent for unit C1005?

AED 55,800 a year on the contract signed on 14 September 2024. The previous contract, from September 2023, was AED 52,200; the unit has been rented since November 2017.

How big is unit C1005?

870 sqft (80.8 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit C1005 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 C1005, Sherena Residence

Starts from the last sale price (AED 705K, 26 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 705,000
Deposit, UAE resident (20%)
AED 141,000
Deposit, non-resident (40%)
AED 282,000
Monthly over 25 years at 3.7%
AED 2,884

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