What is the registered annual rent for a 1 bedroom in Sherena Residence?

The median new annual rent is AED 64,500, from 40 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Sherena Residence risen or fallen?

The median new annual rent changed -0.8% in the trailing 12 months against the previous 12, using 40 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Sherena Residence pay more than sitting ones?

A new tenant pays +9.3% against a renewing one, across 31 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Sherena Residence?

3 sales were registered with the Dubai Land Department in the last 12 months, alongside 40 Ejari rental contracts. Every median on this page rests on those counts.

What is the rental yield in Sherena Residence?

Sherena Residence returns 7.2% gross: a median new-contract rent of AED 64,500 a year (40 Ejari contracts in 12 months) over a price benchmark of AED 900,000 (median of 3 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

Ejari leases to 12 Oct 2026

Sherena Residence rents

72 new leases and 77 renewals in 12 months
300 units
Majan

A one-bed here leases for about AED 64,500 a year, 2% below the typical Majan one-bed. New tenants pay more than renewing ones, who pay AED 59,000.

1 bed · typical new lease

64,500AEDa year

AED 74/sqft · -0.8% on a year

A month, roughly: AED 5,375
Renewal: AED 59,000
vs Majan 1 bed: 2% below the median
New leases, 12 months: 40

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Buying instead? Sherena Residence sale prices →

What should a lease in Sherena Residence cost?A one-bed leases for about AED 64,500 a year; new tenants pay 9.3% more than renewing ones

Type	New lease	vs Majan	Leases
Studio	44,00095/sqft	44,00023 renewals	2% lesstypical 45,000	11
1 bedmost leased	64,50074/sqft	59,00031 renewals	2% lesstypical 65,886	40
2 bed	86,00065/sqft	83,50022 renewals	1% lesstypical 87,000	19
3 bed	125,00064/sqft	—	—	2

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Majan median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 0.8% less than a year earlier: AED 64,500 against 65,000.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
7 Oct 2026	Studio	474	AED 45,000	95	New
2 Oct 2026	Studio	433	AED 47,000	108	New
26 Sept 2026	Studio	439	AED 40,000	91	Renewal
20 Sept 2026	1 bed	881	AED 68,000	77	Renewal
15 Sept 2026	Studio	433	AED 48,000	111	Renewal
15 Sept 2026	2 bed	1,353	AED 85,000	63	New
3 Sept 2026	1 bed	881	AED 57,750	66	Renewal
1 Sept 2026	Studio	640	AED 45,000	70	Renewal
1 Sept 2026	Studio	474	AED 40,000	84	New
1 Sept 2026	2 bed	1,142	AED 84,000	74	Renewal

Showing the 60 most recent of 149 contracts starting on or after 12 Oct 2025.

About Sherena ResidenceA 10-floor tower in Majan, a 20-minute drive from DIFC

Sherena Residence is an apartment building completed in 2017 in Majan with 300 registered units. 149 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 11.29/sqft a year
Floors: 10
Lifts: 8
Parking bays: 316
Pools: 1

Drive times · typical

Downtown: 23 min · 22 km
DXB Airport: 20 min · 27 km
DIFC: 20 min · 24 km
Dubai Marina: 22 min · 26 km
Palm Jumeirah: 28 min · 30 km

Nearest, as registered

Landmark: IMG World Adventures

Letting a unit in Sherena Residence?50% of units here signed a yearly lease in 12 months, above the Majan median; new tenants pay more than renewing ones

Units on a yearly lease: 50%Fair; Majan median 7%; top tenth from 53%
New tenant vs renewal: +10.2%; New leases AED 65,000, renewals 59,000, all types
Short-let instead, one-bed: AED 654; a night on Airbnb; nets 1.9× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Sherena Residence sale prices →

Comparables in Majan

Every Majan building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Sherena Residence places 11th of 20; the nearest 8 are shown.

Highest rental yields in Majan →

Rank	Building	Median rent	12-month change	Contracts
7	Paradise View 1	AED 50,000	81+11.1%	-17.4%	37
8	Barari Views	AED 86,000	77+6.2%	—	12
9	Aras Heights	AED 70,000	74+2.5%	—	41
10	Samana Barari Heights	AED 85,000	74+1.6%	—	7
11	Sherena Residence · this building	AED 65,000	73	0.0%	72
12	Madison Astor	AED 40,000	71-2.8%	0.0%	38
13	The 50	AED 70,000	68-6.1%	+5.0%	13
14	Zubaida Residency	AED 75,000	67-7.2%	+7.9%	11
15	DEANSGATE by ADE	AED 80,000	67-8.2%	—	63

Rank 1 is the dearest per square foot. Differences are against Sherena Residence.

At 1 bed, Sherena Residence ranks 10th of 17 by rent per square foot and 4th of 13 by gross yield in Majan.

Market context in Majan

Registered sales activity

886 ready apartment sales in the 12 months to 2026-10-12.

-6.9% in median AED/sqft versus the preceding year, supported by 886 current and 455 prior price observations.

Explore sales activity

Planned apartment projects

4,418 known registered units across 10 pending projects planned within one year of the 2026-07-06 register.

2 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

6,735 apartments are planned in Majan from 2026 to 2028, equal to 2.3 times the 2,913 homes let there today.

Ready prices per sqft fell in 53% of 15 buildings (counted once per bedroom type) in Majan with sales in both years; the typical one moved −0.4%.

The pooled median moved −6.9%: 6.5 points less than the typical building, because different buildings traded in each year.

New-lease rents fell in 50% of 12 buildings (counted once per bedroom type) with leases in both years; the typical one moved −0.4%.

How these are counted

Find service-charge budget evidence for Sherena Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Majan

Every building in Majan →

Prices per sq ft around Sherena Residence, on the map

Pills show median annual rent, AED. 20 buildings pinned from Google place records and Apple geocoding · Sherena Residence is the inverted pinOpen in Apple Maps

The Haven - Tower A

Majan · 145 contracts, 12 months

75,000

AED a year median · 105/sqft

The Haven - Tower B

Majan · 145 contracts, 12 months

75,000

AED a year median · 105/sqft

DEANSGATE by ADE

Majan · 63 contracts, 12 months

80,000

AED a year median · 67/sqft

Celia Heights

Majan · 61 contracts, 12 months

48,000

AED a year median · 106/sqft

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Common questions

What is the registered annual rent for a 1 bedroom in Sherena Residence?: The median new annual rent is AED 64,500, from 40 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Sherena Residence risen or fallen?: The median new annual rent changed -0.8% in the trailing 12 months against the previous 12, using 40 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Sherena Residence pay more than sitting ones?: A new tenant pays +9.3% against a renewing one, across 31 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Sherena Residence?: 3 sales were registered with the Dubai Land Department in the last 12 months, alongside 40 Ejari rental contracts. Every median on this page rests on those counts.
What is the rental yield in Sherena Residence?: Sherena Residence returns 7.2% gross: a median new-contract rent of AED 64,500 a year (40 Ejari contracts in 12 months) over a price benchmark of AED 900,000 (median of 3 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

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Sherena Residence rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 19 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/majan/sherena-residence

Stable dataJSON