PropertyIndex

Sherena Residence

Completed · Q1 2017|300 units · 1 building

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Sherena Residence is a completed apartment development by ROSE HOMES INVESTMENT (L.L.C) in Majan, Wadi Al Safa 3, comprising 300 registered units. 344 sales are registered with the Dubai Land Department, at a current PIX© price of AED 962 per sqft. At AED 962 per sqft, Sherena Residence prices 38% below the Majan average of AED 1,541 per sqft on registered sales.

PIX© price · 0.4% YoY
932KAED
Typical
962AED
PSF
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
344
DLD · all time
Rent contracts
1,685
Ejari · all time
Sherena Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
433 – 5,311 sqft
300932K9620.4%67K7.2%
Studio · Apartment
433 – 640 sqft
66
1 Bed · Apartment
700 – 1,391 sqft
123
2 Bed · Apartment
1,142 – 1,695 sqft
99
3 Bed · Apartment
1,730 – 2,253 sqft
10
4 Bed · Apartment
5,291 – 5,311 sqft
2
Sales — Project-Wide344 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
14 Aug 20261 BedFloor 4904860,000951+19.4%StandardStandard Sale
29 Jul 2026StudioFloor 7436475,0001,089+31.9%Entry LevelStandard Sale
22 Jul 20263 BedFloor 101,7301,700,000983+41.7%StandardStandard Sale
Rentals — Project-Wide1,685 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 294 rentals
Floors 1-2 · 62 rentals
Floor 3 · 40 rentals
Floors 4-10 · 192 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Sep 20261 Bed88168,00077Standardrenewal
15 Aug 2026StudioFloor 643637,275850.0%Standardrenewal
15 Aug 2026StudioFloor 247443,000910.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Majan

The closest-priced registered projects in Majan.

Common questions about Sherena Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Sherena Residence cost?

Property in Sherena Residence sells at a current PIX© price of AED 962 per sqft, or about AED 932,225 for a typical unit, based on 344 sales registered with the Dubai Land Department.

Is Sherena Residence completed?

Yes. Sherena Residence is recorded as completed in the Dubai Land Department project register (completed q1 2017).

Who is the developer of Sherena Residence?

Sherena Residence is developed by ROSE HOMES INVESTMENT (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Sherena Residence?

Sherena Residence yields 7.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,685 registered Ejari contracts.

How many units are in Sherena Residence?

Sherena Residence holds 300 registered units, per the Dubai Land Department unit register.

Have prices in Sherena Residence gone up or down?

Price per sqft has risen +0.4% over the last 12 months, to AED 962, across 344 registered sales.