Studio · 436 sqftSherena Residence, Majan · 2nd floor · completed 2017

C209, Sherena Residence

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

Unit C209 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 359K23 January 2017
Current rentAED 42K /yr8 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C209, Sherena Residence

What is C209 worth today?

Last sold for AED 359,219 in 2017

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8 Nov 2024RentedRenewal
AED 42,000/yr12 months · AED 98 per sqft
8 Nov 2023RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
7 Oct 2022RentedRenewal
AED 34,000/yr12 months · AED 77 per sqft
7 Oct 2021RentedRenewal
AED 28,000/yr12 months · AED 63 per sqft
7 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
25 Feb 2020RentedNew contract
AED 31,000/yr12 months · AED 70 per sqft
20 Apr 2019RentedNew contract
AED 34,600/yr12 months · AED 78 per sqft
1 Jan 2018RentedNew contract
AED 34,286/yr14 months · AED 78 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
2nd of 10
Parking
B-45
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 359K · January 2017

About C209, Sherena Residence

C209 is a studio of 436 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 359,219, or AED 823 per sqft, 14% above the AED 725 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 8 November 2024, is AED 42,000 a year: a gross yield of 11.7% on the 2017 price, before the service charge of about AED 4,800 a year.

Sales and rents for C209 over time

Sales
Unit C209, each saleTypical studio in Sherena Residence
400K2016201920222025Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,000Sold by developer, January 2017: AED 359,219 (AED 823 per sqft)

C209 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit C209, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,450; 2024 AED 40,000; 2025 AED 44,000New contract, January 2018: AED 34,286 a yearNew contract, April 2019: AED 34,600 a yearNew contract, February 2020: AED 31,000 a yearNew contract, October 2020: AED 28,000 a yearRenewal, October 2021: AED 28,000 a yearRenewal, October 2022: AED 34,000 a yearNew contract, November 2023: AED 37,000 a yearRenewal, November 2024: AED 42,000 a year

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

Studios in Sherena Residence, and where C209 sits

All 64 studios →

C209 last sold in January 2017 at AED 823 per sqft, 14% above what studios in Sherena Residence were fetching at the time (AED 725). Over the last 12 months studios sold for AED 485,000 to 549,000, around AED 1,182 per sqft, and rent for AED 40,000 to 45,000 a year.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 2026529,000
29 Jan 2026530,000
19 Jan 2026485,000
17 Dec 2025549,000
4 studio 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 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

C209, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 23 January 2017 for AED 359,219, or AED 823 per sqft.
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 34,286 to AED 28,000 in 2021 and recovered to AED 42,000 by November 2024.
  • At AED 42,000 a year the gross yield on the 2017 price is 11.7%, before a service charge of about AED 4,800 a year (AED 10.95 per sqft).
  • Studios in Sherena Residence sold for AED 485,000–549,000 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 8 November 2024.

Questions about C209, Sherena Residence

What did unit C209 last sell for?

AED 359,219 on 23 January 2017, sold by the developer: AED 823 per sqft for 436 sqft. It is the only registered sale of the unit.

What is the rent for unit C209?

AED 42,000 a year on the contract renewed on 8 November 2024. The previous contract, from November 2023, was AED 37,000; the unit has been rented since January 2018.

How big is unit C209?

436 sqft (40.5 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2017.

What is unit C209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sherena Residence sold for AED 485,000 to 549,000 in the last 12 months, around AED 1,182 per sqft.

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Mortgage on C209, Sherena Residence

Starts from the last sale price (AED 359K, 23 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 359,219
Deposit, UAE resident (20%)
AED 71,844
Deposit, non-resident (40%)
AED 143,688
Monthly over 25 years at 3.7%
AED 1,470

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