2-bed · 1,351 sqftSherena Residence, Majan · 6th floor · completed 2017

C606, Sherena Residence

Sold prices and rental history: sold twice, last in June 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C606 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 870K26 June 2023
Current rentAED 60K /yr7 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C606, Sherena Residence

What is C606 worth today?

Last sold for AED 870,000 in 2023

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26 Jun 2023SoldReady
AED 870,000AED 643 per sqft
7 Jul 2022RentedRenewal
AED 60,000/yr12 months · AED 44 per sqft
20 Apr 2019RentedRenewal
AED 72,000/yr12 months · AED 53 per sqft
20 Feb 2018RentedNew contract
AED 65,143/yr14 months · AED 48 per sqft
27 Dec 2017Sold by developerReady
AED 945,763AED 700 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
2-bed apartment
Size
1,351 sqft
Floor
6th of 10
Parking
G-06
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 870K · June 2023

About C606, Sherena Residence

C606 is a two-bedroom apartment of 1,351 sqft on the 6th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 26 June 2023 for AED 870,000, or AED 643 per sqft, in line with the AED 652 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 7 July 2022, is AED 60,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 14,800 a year.

Sales and rents for C606 over time

Sales
Unit C606, 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, December 2017: AED 945,763 (AED 700 per sqft)Sold, June 2023: AED 870,000 (AED 643 per sqft)

C606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C606, 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, February 2018: AED 65,143 a yearRenewal, April 2019: AED 72,000 a yearRenewal, July 2022: AED 60,000 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 C606 sits

All 96 2-beds →

C606 last sold in June 2023 at AED 643 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 652). 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. C606's AED 60,000 is at the bottom 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 6th floor

All 297 units in Sherena Residence
Value
A6011-bedAED 800K · Jul 2024
A6022-bedAED 1.13M · May 2017
A6031-bedAED 723K · Jul 2017
A6041-bedAED 840K · Feb 2025
A6051-bedAED 560K · Sep 2022
A6062-bedAED 900K · Jan 2024
A6072-bedAED 440K · Dec 2019
1–7 of 32

C606, Sherena Residence in numbers

  • Sold twice: first on 27 December 2017 for AED 945,763, last on 26 June 2023 for AED 870,000 (AED 643 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 65,143 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 14,800 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 26 June 2023.

Questions about C606, Sherena Residence

What did unit C606 last sell for?

AED 870,000 on 26 June 2023: AED 643 per sqft for 1,351 sqft. The unit has 2 registered sales; the first was AED 945,763 in December 2017.

What is the rent for unit C606?

AED 60,000 a year on the contract renewed on 7 July 2022. The previous contract, from April 2019, was AED 72,000; the unit has been rented since February 2018.

How big is unit C606?

1,351 sqft (125.5 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2017.

What is unit C606 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 C606, Sherena Residence

Starts from the last sale price (AED 870K, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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