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.

Sherena Residence — sale prices & yield

Buy: 1.04MAED; AED 890/sqft
Long-let: 7.50%; AED 90,000/yr

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: +16.1%
3 years: +25.9%+8.0%/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.

Price history

Every recorded sale in Sherena Residence, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 514,500	1138	8.41% -0.3 pts	+15.3%	12
1 bed	AED 800,000	920	7.51% +0.5 pts	+4.1%	21
2 bed	AED 1.04M	778	7.50% +0.0 pts	+16.1%	35
3 bed	AED 1.68M	957	—	—	2

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	654	0.75	AED 146,789	AED 65,000	2.3×	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.

Off-plan vs resale

Units sold off-plan in Sherena Residence between 2015 and 2017 went for a median of AED 800/sqft (AED 716,777). The same building resells today at AED 897/sqft (AED 1.02M) — an uplift of +42.3%.

Based on 84 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

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

Date	Type	Sqft	Price	AED/sqft
14 Aug 2026	1 bed	904	AED 860,000	951
29 Jul 2026	Studio	436	AED 475,000	1,089
22 Jul 2026	Studio	438	AED 580,000	1,323
22 Jul 2026	3 bed	1,730	AED 1,700,000	983
10 Jun 2026	2 bed	1,351	AED 1,150,000	851

5 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
1 Dec 2026	2 bed	1,352	AED 88,000	65	Renewal
20 Sept 2026	1 bed	881	AED 68,000	77	Renewal
1 Sept 2026	Studio	640	AED 45,000	70	Renewal
20 Aug 2026	2 bed	1,275	AED 90,000	71	Renewal
15 Aug 2026	Studio	474	AED 43,000	91	Renewal
15 Aug 2026	Studio	436	AED 37,275	85	Renewal
15 Aug 2026	Studio	438	AED 36,929	84	Renewal
5 Aug 2026	1 bed	904	AED 65,000	72	Renewal
5 Aug 2026	1 bed	869	AED 55,000	63	New
5 Aug 2026	1 bed	869	AED 60,000	69	New
1 Aug 2026	1 bed	881	AED 65,000	74	New
1 Aug 2026	1 bed	869	AED 70,000	81	New
1 Aug 2026	2 bed	1,347	AED 90,000	67	New
27 Jul 2026	2 bed	1,309	AED 82,000	63	Renewal
27 Jul 2026	1 bed	881	AED 64,000	73	New
26 Jul 2026	1 bed	869	AED 55,125	63	Renewal
20 Jul 2026	Studio	439	AED 38,587	88	Renewal
18 Jul 2026	2 bed	1,349	AED 80,000	59	New
15 Jul 2026	1 bed	869	AED 60,000	69	New
10 Jul 2026	1 bed	865	AED 56,000	65	Renewal
10 Jul 2026	2 bed	1,143	AED 90,000	79	New
9 Jul 2026	1 bed	869	AED 60,000	69	Renewal
5 Jul 2026	Studio	439	AED 36,465	83	Renewal
5 Jul 2026	1 bed	869	AED 65,000	75	Renewal
1 Jul 2026	1 bed	869	AED 70,000	81	New
1 Jul 2026	1 bed	904	AED 90,000	100	Renewal
27 Jun 2026	2 bed	1,348	AED 87,000	65	New
25 Jun 2026	Studio	436	AED 40,000	92	New
23 Jun 2026	2 bed	1,143	AED 90,000	79	Renewal
18 Jun 2026	Studio	434	AED 42,000	97	Renewal
16 Jun 2026	Studio	474	AED 45,000	95	Renewal
1 Jun 2026	1 bed	904	AED 64,000	71	New
1 Jun 2026	2 bed	1,352	AED 88,000	65	Renewal
1 Jun 2026	1 bed	869	AED 65,000	75	New

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.

Highest rental yields in Majan · Sherena Residence places 2nd of 13

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.

Sherena Residence