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Sherena Residence

A 2 bed in Sherena Residence costs a median AED 1.04M and rents long-let for AED 90,000/yr (7.50% gross) — +0.0 pts vs Majan's 7.50% and +0.5 pts vs Dubai's 6.98% — from 35 sales and 39 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
8 in 12 months
Rental contracts · 2 bed
18 in 12 months
Buy
1.04MAED
AED 890/sqft
Long-let
90,000AED
AED 67/sqft · 7.50%

Price per sqft: Median of 6 registered sales of ready units in the last 6 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread
+0.0 pts
vs the Majan median for this unit type
Turnover upside
+19.9%
new tenants pay more than sitting ones — 43 renewals
AED/yr/sqft
AED 67
Sales
35
Rental contracts
39
Renewal rent
AED 75,083/yr
12 months
-1.7%
3 years
+36.1%+10.8%/yr

Based on 35 sales and 39 rental contracts in the last 24 months.

Sherena Residence is an apartment building in Majan, Dubai. The nearest landmark IMG World Adventures. Land Department records for it run from 2015 to 2026, 688 registered sales in all — the 35 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 44,500998.41%
-0.3 pts
39
1 bedAED 65,000747.51%
+0.5 pts
64
2 bedAED 90,000677.50%
+0.0 pts
39
3 bedAED 122,500684

Deltas compare each yield with the Majan median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Sherena Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m6540.75AED 146,789AED 65,0002.3×18.35%4+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Sherena Residence itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

19 resales in the last 12 months, against 51 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
14 Aug 20261 bed904AED 860,000951
29 Jul 2026Studio436AED 475,0001,089
22 Jul 2026Studio438AED 580,0001,323
22 Jul 20263 bed1,730AED 1,700,000983
10 Jun 20262 bed1,351AED 1,150,000851

5 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Dec 20262 bed1,352AED 88,00065Renewal
20 Sept 20261 bed881AED 68,00077Renewal
1 Sept 2026Studio640AED 45,00070Renewal
20 Aug 20262 bed1,275AED 90,00071Renewal
15 Aug 2026Studio474AED 43,00091Renewal
15 Aug 2026Studio436AED 37,27585Renewal
15 Aug 2026Studio438AED 36,92984Renewal
5 Aug 20261 bed904AED 65,00072Renewal
5 Aug 20261 bed869AED 55,00063New
5 Aug 20261 bed869AED 60,00069New
1 Aug 20261 bed881AED 65,00074New
1 Aug 20261 bed869AED 70,00081New
1 Aug 20262 bed1,347AED 90,00067New
27 Jul 20262 bed1,309AED 82,00063Renewal
27 Jul 20261 bed881AED 64,00073New
26 Jul 20261 bed869AED 55,12563Renewal
20 Jul 2026Studio439AED 38,58788Renewal
18 Jul 20262 bed1,349AED 80,00059New
15 Jul 20261 bed869AED 60,00069New
10 Jul 20261 bed865AED 56,00065Renewal
10 Jul 20262 bed1,143AED 90,00079New
9 Jul 20261 bed869AED 60,00069Renewal
5 Jul 2026Studio439AED 36,46583Renewal
5 Jul 20261 bed869AED 65,00075Renewal
1 Jul 20261 bed869AED 70,00081New
1 Jul 20261 bed904AED 90,000100Renewal
27 Jun 20262 bed1,348AED 87,00065New
25 Jun 2026Studio436AED 40,00092New
23 Jun 20262 bed1,143AED 90,00079Renewal
18 Jun 2026Studio434AED 42,00097Renewal
16 Jun 2026Studio474AED 45,00095Renewal
1 Jun 20261 bed904AED 64,00071New
1 Jun 20262 bed1,352AED 88,00065Renewal
1 Jun 20261 bed869AED 65,00075New

34 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
10
Flats
300
Lifts
8
Parking bays
316
Swimming pools
1
Flats per lift
37.5
Parking per flat
1.05
Pools per 100 flats
0.33

Nearby

Landmark
IMG World Adventures

Compare with nearby buildings

The most-traded buildings in Majan, on the same figures over the same window.

Common questions

What is the rental yield in Sherena Residence?
Sherena Residence returns 7.50% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 39 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Sherena Residence cost?
The median registered sale price is AED 1.04M (778 AED/sqft), from 35 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Sherena Residence selling for right now?
Registered sales of ready units in Sherena Residence over the last 6 months have a median of 890 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Sherena Residence risen or fallen?
Median price per square foot moved +16.1% over the last 12 months against the 12 before it, on 35 registered sales. On a sample this size, read the direction rather than the exact figure.
Do new tenants in Sherena Residence pay more than sitting ones?
A new tenant pays +19.9% against a renewing one, across 43 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Sherena Residence rental record

Record type
Building-level property market record
Data date
Evidence base
39 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/majan/sherena-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Sherena Residence rents and yield.” Majan, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/majan/sherena-residence.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.