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1-bed · 881 sqftSherena Residence, Majan · 4th floor · completed 2017

C403, Sherena Residence

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C403 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 717K23 January 2017
Current rentAED 54K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C403, Sherena Residence

What is C403 worth today?

Last sold for AED 716,777 in 2017

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1 May 2025RentedRenewal
AED 53,500/yr12 months · AED 61 per sqft
1 May 2023RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
1 May 2022RentedRenewal
AED 38,000/yr12 months · AED 44 per sqft
26 Feb 2019RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
23 Jan 2017Sold by developerOff-plan
AED 716,777AED 813 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
4th of 10
Parking
B-142
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,700 /yr
Last sold
AED 717K · January 2017
Building
Sherena Residence

About C403, Sherena Residence

C403 is a one-bedroom apartment of 881 sqft on the 4th 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 716,777, or AED 813 per sqft, in line with the AED 804 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 53,500 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 9,700 a year.

Sales and rents for C403 over time

Sales
Unit C403, 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 716,777 (AED 813 per sqft)

C403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C403, 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 63,500Renewal, February 2019: AED 55,000 a yearRenewal, May 2022: AED 38,000 a yearRenewal, May 2023: AED 44,000 a yearRenewal, May 2025: AED 53,500 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 C403 sits

All 123 1-beds →

C403 last sold in January 2017 at AED 813 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 804). C403'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 4th floor

All 297 units in Sherena Residence
Value
A4011-bedAED 610K · Aug 2022
A4022-bedAED 625K · Feb 2018
A4031-bedAED 761K · Sep 2016
A4041-bedAED 650K · Apr 2018
A4051-bedAED 564K · Aug 2018
A4062-bedAED 625K · Feb 2018
A4072-bedAED 849K · Sep 2018
1–7 of 32

C403, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 23 January 2017 for AED 716,777, or AED 813 per sqft.
  • Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2022 and recovered to AED 53,500 by May 2025.
  • At AED 53,500 a year the gross yield on the 2017 price is 7.5%, 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 C403, Sherena Residence

What did unit C403 last sell for?

AED 716,777 on 23 January 2017, sold by the developer: AED 813 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit C403?

AED 53,500 a year on the contract renewed on 1 May 2025. The previous contract, from May 2023, was AED 44,000; the unit has been rented since February 2019.

How big is unit C403?

881 sqft (81.8 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit C403 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 C403, Sherena Residence

Starts from the last sale price (AED 717K, 23 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 716,777
Deposit, UAE resident (20%)
AED 143,355
Deposit, non-resident (40%)
AED 286,711
Monthly over 25 years at 3.7%
AED 2,933

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