Sherena Residence 2

1. Is it on schedule?51% built in July 2026, 47 months past its registered August 2022 handover · DLD project register, Jul 202651%Context
2. Is my money protected?Payments go to an escrow account at بنك ابوظبى التجارى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,011/sqft over 1 off-plan sale; too few sales to compare1,011Context
4. Is it selling?Off-plan sales are counted across a project’s published towers, and this one has none yetNo record
5. Who is building it?The register names the master developer, Liwan; the builder is not recordedNo record

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك ابوظبى التجارى

Master developer

Liwan

Registered start

October 2018

Configuration

PROJECT CONSISTS OF B+G+3P+10+R RESIDENTIAL APARTMENTS LOCATED IN WADI AL SAFA 3. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Sherena Residence 2 be completed?

The developer registered handover for August 2022; that date has passed with no completion recorded, 47 months on, and the project was 51% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Sherena Residence 2 cost per square foot?

AED 1,011 per sqft, the median of 1 registered off-plan sale in the 12 months to 12 Oct 2026; the median unit sold for AED 610,000.

Is Sherena Residence 2 in escrow?

Yes: the Land Department register names بنك ابوظبى التجارى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Sherena Residence 2?

The register names the master developer, Liwan, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.

How many units does Sherena Residence 2 have?

120 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.