Sherena Residence

P1 — Delivered Ready Primary
Developer Rose Homes Investment LLC
Community Majan
Property type Apartment
Data updated Mar 26, 2026

Sherena Residence is a Delivered development by Rose Homes Investment LLC in Majan. 299 units across 1 Bedroom (41%), 2 Bedroom (33%), Studio (22%). Over the trailing 12 months, 338 sales at a median of AED 1,025,000.

Key Metrics
Median Price
Value
AED 1,025,000
Change
0.5% YoY
Transactions
Value
338
Change
26 in period
Price / sqft
Value
AED 926
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,025,000
0.5% YoY
Transactions
338
↑ 26 in period
Price / sqft
AED 926
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
4.8%
Holding Period
Value
5.0 yrs
Liquidity
Value
8.7%
Price Dispersion
Value
5.9%
Ready Market Mix
Value
0.0%
Rental Activity
Value
38.3%
Capital Return
4.8%
Holding Period
5.0 yrs
Liquidity
8.7%
Price Dispersion
5.9%
Ready Market Mix
0.0%
Rental Activity
38.3%

Rental Performance

Rental Volume
Value
1,590
Avg Annual Rent
Value
AED 54,147
New Leases
Value
61.8%
Renewals
Value
38.2%
Rental Volume
1,590
Avg Annual Rent
AED 54,147
New Leases
61.8%
Renewals
38.2%

Unit Mix

By bedroom type
Studio 66 units · 22%
1 Bedroom 123 units · 41%
2 Bedroom 98 units · 33%
3 Bedroom 10 units · 3%
4 Bedroom 2 units · 1%

Transaction Breakdown

All time — 338 transactions
Off-Plan Primary
84
Ready Primary
176
Ready Secondary
78

Price History

Median Price — Sherena Residence

Median prices in Sherena Residence have risen sharply, up 15% from AED 1.1M to AED 1.2M over the past 10 months.

Recent Transactions

Showing last 10 of 338
Date Type Price (AED) Size (sqft) AED/sqft
Mar 26, 2026 RP Secondary 1,650,000 1,772 930
Mar 25, 2026 RP Secondary 1,200,000 1,347 890
Mar 11, 2026 RP Secondary 1,200,000 1,347 890
Mar 11, 2026 RP Secondary 1,210,000 1,347 898
Mar 09, 2026 RP Secondary 1,300,000 1,682 772
Feb 26, 2026 RP Secondary 900,000 869 1,035
Feb 20, 2026 RP Secondary 1,000,000 1,391 718
Feb 06, 2026 RP Secondary 529,000 438 1,206
Jan 29, 2026 RP Secondary 530,000 433 1,222
Jan 20, 2026 RP Secondary 1,270,000 1,352 938

This project is in Majan

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