Market bulletin · Thu, 22 Oct 2026
Sherena Residence: 1 sales worth AED 545K in 30 days
Sherena Residence recorded 1 sale worth AED 545K in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 545K), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Majan, Sherena Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by Rose Homes Investment.
Leases registered in the last three months had a median annual rent of AED 60K. The best gross yield is on Studio apartments at about 8%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 572 |
| Jun 25 | — |
| May 25 | AED 921 |
| Apr 25 | — |
| Mar 25 | AED 666 |
| Feb 25 | AED 827 |
| Jan 25 | — |
| Dec 24 | AED 754 |
| Nov 24 | AED 762 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 3 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 2 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 545K | — | — |
| Last 3 months | 2 | down 33.3% | AED 1.41M | — | — |
| Last 6 months | 5 | down 50.0% | AED 4.83M | 983 | up 0.2% |
| Last 12 months | 15 | down 82.4% | AED 13.8M | 983 | up 28.7% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 15 | 100% | AED 900K | 983 | up 28.7% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 6 | 40% | AED 538K | 1,182 | up 3.1% |
| 1 bedroom | 3 | 20% | — | — | — |
| 2 bedrooms | 5 | 33% | AED 1.21M | 890 | up 17.7% |
| 3 bedrooms | 1 | 7% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 15 | 100% | AED 900K | 983 | up 28.7% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 50K |
| Sept 26 | AED 65K |
| Aug 26 | AED 67K |
| Jul 26 | AED 65K |
| Jun 26 | AED 65K |
| May 26 | AED 66K |
| Apr 26 | AED 50K |
| Mar 26 | — |
| Feb 26 | AED 65K |
| Jan 26 | AED 68K |
| Dec 25 | AED 65K |
| Nov 25 | AED 55K |
| Oct 25 | AED 55K |
| Sept 25 | AED 59K |
| Aug 25 | — |
| Jul 25 | AED 62K |
| Jun 25 | AED 75K |
| May 25 | — |
| Apr 25 | AED 66K |
| Mar 25 | — |
| Feb 25 | AED 65K |
| Jan 25 | AED 58K |
| Dec 24 | — |
| Nov 24 | AED 55K |
- Leases (12M)
- 171
- New leases
- 35.7%
- Median rent 3M
- AED 60K
- Rent/sqft 3M
- AED 72
| Studio apartments | AED 43K / AED 538K | 8.0% |
|---|---|---|
| 2 BR apartments | AED 85K / AED 1.21M | 7.0% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 31 | AED 43K | AED 44K | 93 |
| 1 BR | 54 | AED 61K | AED 65K | 70 |
| 2 BR | 38 | AED 85K | — | 65 |
Competing projects in Majan
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti VintageBinghatti | 1,395 | 1,603 | down 14.2% |
| Binghatti TitaniaBinghatti | 640 | 1,608 | down 0.4% |
| Binghatti Skyflame 1Binghatti | 563 | 1,399 | up 0.8% |
| Taormina Village 1Reportage Real Estate | 129 | 1,203 | up 0.3% |
| Samana Barari HeightsSamana Developers | 279 | 1,822 | unchanged 0.0% |
| Binghatti Skyflame 2Binghatti | 288 | 1,405 | up 0.9% |
| Vincitore Wellness Estate Tower AVincitore Real Estate Development | 88 | 1,758 | up 2.1% |
| Forest City TowerAl Helal Al Zahaby Real Estate Development | 78 | 1,206 | — |
| Divine Al BarariTakmeel Real Estate Development | 83 | 1,381 | — |
| Bararigate by ADEA D E Properties | 93 | 1,604 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 860K | 1 BR Apartment · 904 sqftSherena Residence · Majan | 14 Aug |
| AED 545K | Studio Apartment · 537 sqftSherena Residence · Majan | 20 Oct |
Questions about Sherena Residence
How many properties were sold in Sherena Residence in the last year?
15 sales worth AED 13.8M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Sherena Residence?
The median annual rent on leases registered in the last three months was AED 60K, and the best gross rental yield is about 8.0%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.