1-bed · 881 sqftSherena Residence, Majan · 7th floor · completed 2017

C703, 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 C703 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 717K23 January 2017
Current rentAED 60K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C703, Sherena Residence

What is C703 worth today?

Last sold for AED 716,777 in 2017

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20 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
1 Aug 2024RentedRenewal
AED 53,250/yr12 months · AED 60 per sqft
1 Aug 2023RentedRenewal
AED 47,500/yr12 months · AED 54 per sqft
1 Aug 2022RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
15 Aug 2021RentedNew contract
AED 37,000/yr12 months · AED 42 per sqft
8 Dec 2020RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
8 Dec 2019RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
5 Jan 2019RentedRenewal
AED 60,162/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
7th of 10
Parking
G-54
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,700 /yr
Last sold
AED 717K · January 2017

About C703, Sherena Residence

C703 is a one-bedroom apartment of 881 sqft on the 7th 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 2017 on 9 Ejari contracts. The current contract, signed on 20 September 2025, is AED 60,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 9,700 a year.

Sales and rents for C703 over time

Sales
Unit C703, 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)

C703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C703, 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 yearRenewal, January 2019: AED 60,162 a yearNew contract, December 2019: AED 45,000 a yearRenewal, December 2020: AED 45,000 a yearNew contract, August 2021: AED 37,000 a yearNew contract, August 2022: AED 42,000 a yearRenewal, August 2023: AED 47,500 a yearRenewal, August 2024: AED 53,250 a yearNew contract, September 2025: AED 60,000 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 C703 sits

All 123 1-beds →

C703 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). C703's AED 60,000 is in the upper 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 7th floor

All 297 units in Sherena Residence
Value
A7011-bedAED 865K · Apr 2025
A7022-bedAED 564K · Nov 2017
A7031-bedAED 800K · Sep 2024
A7041-bedAED 550K · Apr 2022
A7051-bedAED 550K · Sep 2022
A7062-bedAED 880K · Mar 2023
A7072-bedAED 950K · Mar 2019
1–7 of 32

C703, 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 November 2017 on 9 Ejari contracts. The rent fell from AED 51,429 to AED 37,000 in 2021 and recovered to AED 60,000 by September 2025.
  • At AED 60,000 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 9,700 a year (AED 10.95 per sqft).

Source: Dubai Land Department. Updated 20 September 2025.

Questions about C703, Sherena Residence

What did unit C703 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 C703?

AED 60,000 a year on the contract signed on 20 September 2025. The previous contract, from August 2024, was AED 53,250; the unit has been rented since November 2017.

How big is unit C703?

881 sqft (81.8 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit C703 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 C703, 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 AED 35,115 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →