2-bed · 1,142 sqftSherena Residence, Majan · 2nd floor · completed 2017

C208, Sherena Residence

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

Unit C208 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 940K23 January 2017
Current rentAED 80K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C208, Sherena Residence

What is C208 worth today?

Last sold for AED 940,329 in 2017

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15 Feb 2025RentedRenewal
AED 80,000/yr12 months · AED 70 per sqft
15 Feb 2024RentedNew contract
AED 78,000/yr12 months · AED 68 per sqft
15 Dec 2022RentedRenewal
AED 68,000/yr12 months · AED 60 per sqft
15 Dec 2020RentedRenewal
AED 60,000/yr12 months · AED 53 per sqft
15 Dec 2019RentedNew contract
AED 64,000/yr12 months · AED 56 per sqft
25 Jan 2019RentedRenewal
AED 72,194/yr12 months · AED 63 per sqft
25 Nov 2017RentedNew contract
AED 61,714/yr14 months · AED 54 per sqft
23 Jan 2017Sold by developerOff-plan
AED 940,329AED 823 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
2-bed apartment
Size
1,142 sqft
Floor
2nd of 10
Parking
B-44
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 940K · January 2017

About C208, Sherena Residence

C208 is a two-bedroom apartment of 1,142 sqft on the 2nd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 23 January 2017 for AED 940,329, or AED 823 per sqft, 6% above the AED 778 two-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 15 February 2025, is AED 80,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for C208 over time

Sales
Unit C208, 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, January 2017: AED 940,329 (AED 823 per sqft)

C208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit C208, 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, November 2017: AED 61,714 a yearRenewal, January 2019: AED 72,194 a yearNew contract, December 2019: AED 64,000 a yearRenewal, December 2020: AED 60,000 a yearRenewal, December 2022: AED 68,000 a yearNew contract, February 2024: AED 78,000 a yearRenewal, February 2025: AED 80,000 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 C208 sits

All 96 2-beds →

C208 last sold in January 2017 at AED 823 per sqft, 6% above what two-beds in Sherena Residence were fetching at the time (AED 778). 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. C208's AED 80,000 is in the lower 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 2nd floor

All 297 units in Sherena Residence
Value
A2011-bedAED 1.05M · Mar 2017
A2022-bedAED 1.05M · Mar 2025
A2031-bedAED 816K · Aug 2017
A2041-bedAED 651K · Mar 2017
A2051-bedAED 530K · Jan 2022
A2062-bedAED 830K · Jan 2024
A2072-bedAED 1.14M · Nov 2024
1–7 of 30

C208, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 23 January 2017 for AED 940,329, or AED 823 per sqft.
  • Rented since November 2017 on 7 Ejari contracts, from AED 61,714 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 12,500 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 15 February 2025.

Questions about C208, Sherena Residence

What did unit C208 last sell for?

AED 940,329 on 23 January 2017, sold by the developer: AED 823 per sqft for 1,142 sqft. It is the only registered sale of the unit.

What is the rent for unit C208?

AED 80,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 78,000; the unit has been rented since November 2017.

How big is unit C208?

1,142 sqft (106.1 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2017.

What is unit C208 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 C208, Sherena Residence

Starts from the last sale price (AED 940K, 23 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 940,329
Deposit, UAE resident (20%)
AED 188,066
Deposit, non-resident (40%)
AED 376,132
Monthly over 25 years at 3.7%
AED 3,847

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