Dubai project data
SHERENA RESIDENCE: rents and rent contracts
شيرينا ريزيدنس
Registered sales and rent contracts for the project SHERENA RESIDENCE in Majan, from Dubai Land Department open data.
SHERENA RESIDENCE (Majan): 136 registered rent contracts in the 12 months to September 2026, median annual rent AED 64,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 1.1m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 64,000
- Gross rental yield
- under 30 sales (19)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in SHERENA RESIDENCE
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 19 | AED 939 per sq ft | 890 – 1,119 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in SHERENA RESIDENCE
- Median annual rent per sq ft
- AED 73 per sq ft
- Gross rental yield
- under 30 sales (19)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 19 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in SHERENA RESIDENCE
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | 6 | AED 1,158 per sq ft | AED 44,000 | under 30 sales (6) |
| 1 bedroom | 3 | AED 951 per sq ft | AED 64,000 | under 30 sales (3) |
| 2 bedrooms | 8 | AED 890 per sq ft | AED 85,000 | under 30 sales (8) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in SHERENA RESIDENCE
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | 10 | AED 780 per sq ft | 16 |
| Nov 2024 | 8 | AED 874 per sq ft | 16 |
| Dec 2024 | 5 | AED 761 per sq ft | 16 |
| Jan 2025 | under 3 | under 3 | 11 |
| Feb 2025 | under 3 | under 3 | 17 |
| Mar 2025 | 3 | AED 778 per sq ft | 7 |
| Apr 2025 | 3 | AED 918 per sq ft | 8 |
| May 2025 | 5 | AED 921 per sq ft | 9 |
| Jun 2025 | under 3 | under 3 | 7 |
| Jul 2025 | 3 | AED 989 per sq ft | 10 |
| Aug 2025 | under 3 | under 3 | 12 |
| Sep 2025 | under 3 | under 3 | 16 |
| Oct 2025 | under 3 | under 3 | 16 |
| Nov 2025 | under 3 | under 3 | 14 |
| Dec 2025 | under 3 | under 3 | 15 |
| Jan 2026 | 3 | AED 1,119 per sq ft | 10 |
| Feb 2026 | 3 | AED 1,035 per sq ft | 14 |
| Mar 2026 | 5 | AED 891 per sq ft | 7 |
| Apr 2026 | under 3 | under 3 | 4 |
| May 2026 | under 3 | under 3 | 11 |
| Jun 2026 | under 3 | under 3 | 9 |
| Jul 2026 | 3 | AED 1,089 per sq ft | 14 |
| Aug 2026 | under 3 | under 3 | 13 |
| Sep 2026 | under 3 | under 3 | 9 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2015 | 6 | AED 820 per sq ft |
| 2016 | 29 | AED 714 per sq ft |
| 2017 | 85 | AED 810 per sq ft |
| 2018 | 36 | AED 700 per sq ft |
| 2019 | 4 | AED 690 per sq ft |
| 2021 | 4 | AED 633 per sq ft |
| 2022 | 10 | AED 636 per sq ft |
| 2023 | 48 | AED 752 per sq ft |
| 2024 | 83 | AED 798 per sq ft |
| 2025 | 22 | AED 921 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
SHERENA RESIDENCE is a project in the DLD area Wadi Al Safa 3.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Majan
- LIVING LEGENDS PHASE 5 222 registered transactions and rent contracts in 12 months.
- LIVING LEGENDS PHASE 6 159 registered transactions and rent contracts in 12 months.
- Paradise View 1 156 registered transactions and rent contracts in 12 months.
- THE FIELDS AT D11 - MBRMC 138 registered transactions and rent contracts in 12 months.
- Rabdan Gates 125 registered transactions and rent contracts in 12 months.
- Taormina Village 1 123 registered transactions and rent contracts in 12 months.
Questions about SHERENA RESIDENCE
- How many sales were registered in SHERENA RESIDENCE?
- 19 sales were registered in SHERENA RESIDENCE in Oct 2025 – Sep 2026.
- What is the median price per sq ft in SHERENA RESIDENCE?
- The median price of registered sales in SHERENA RESIDENCE was AED 939 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in SHERENA RESIDENCE?
- The median annual rent of registered rent contracts in SHERENA RESIDENCE was AED 64,000 in Oct 2025 – Sep 2026.
- Which DLD area is SHERENA RESIDENCE in?
- SHERENA RESIDENCE is registered in the Dubai Land Department area Wadi Al Safa 3 (Majan).
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae