Sherena Residence

1. Does it pay a good rent?7.1% gross, 5.9% after the service charge (Dubai median 6.8%)7.1%Fair
2. Is it easy to let?50% of units signed a yearly lease in 12 months; the typical Majan building manages 7%50%Fair

   Across 30 Majan buildings with 40 or more units, the median signed annual leases on 7% of units in 12 months and the top tenth on 53% or more; Sherena Residence is at 50%.

3. Are rents going up?New 2 bed leases: AED 90,000 a year ago, AED 86,000 now-4.4%Watch
4. Are prices going up?2 bed: AED 778/sqft a year ago, 890 now+14.4%Strength
5. How fast do fees pay back?AED 77,705 in fees to buy a 2 bed; net rent covers it in 1.1 years1.1 yrsFair
6. Can I sell easily?19 sales in 12 months, 6% of the tower (37 the year before)19Fair
7. Is a lot being built nearby?6,735 apartments are planned in Majan from 2026 to 2028, equal to 2.3 times the 2,913 homes let there today. A further 279 are past their planned date. Majan supply by year →231%Watch
8. Did earlier buyers gain?Up 42% for buyers 5 years ago; up 17% for launch buyers, before fees+42.1%Context

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

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 2 bed, Sherena Residence has registered sale prices 27% below the Majan median price per square foot of 1,222 AED, across 40 eligible buildings. It ranks 37th of 40 by price per square foot and 4th of 12 by gross yield in Majan.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  8 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  19 new and 22 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  AED 11.29/sqft a year, 2026 owners-association budget; 5.9% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Sherena Residence: recorded complete 2017-03-15 · register data to 2026-07-06
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Sherena Residence?

Sherena Residence returns 7.1% gross: a median new-contract rent of AED 86,000 a year (19 Ejari contracts in 12 months) over a price benchmark of AED 1.21M (median of 8 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.

How much does a 2 bedroom in Sherena Residence cost?

The median registered sale price is AED 1.21M (890 AED/sqft), from 8 Dubai Land Department sales in the last 12 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 12 months have a median of 890 AED/sqft, across 8 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Sherena Residence risen or fallen?

Median price per square foot moved +14.4% over the last 12 months against the 12 before it, on 8 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Sherena Residence compare with Majan?

Its 7.1% gross yield sits +0.7 pts against the Majan median of 6.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.