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Sherena Residence

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

126 tenancies naming Sherena Residence were registered in the last twelve months, below.

McCone Properties

Sam McCone

Sam McCone

Managing Partner

Renting in Sherena Residence? Our team can walk you through what these numbers mean for you.

Community
Majan
Handed over
2017 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2015 — an off-plan sale
Sales on record
327 — registered at the Dubai Land Department, the latest August 2026
Off-plan share
26% — 84 bought off-plan from the developer, 243 resales of a completed home

Every recorded sale in Sherena Residence — prices, sizes and the year it was handed over →

Living in Majan — the area guide →

What a home in Sherena Residence returns on its rent — the yield calculator →

Recorded rent per sq ft
AED 74
a year · 126 contracts here, 12 months
Mean AED 76 a year
Gross yield
11%
3 B/R · Majan rents over its own sale prices
Recorded sale price
AED 945
per sq ft · 327 sales on record
Handed over
2017
Derived from the register

Recorded rents

What Sherena Residence rents for, by layout

Tenancies registered with Ejari that name Sherena Residence, last twelve months. Annual rents, medians.

LayoutTypical sizeMedian rentMean rentPer sq ft / yearContracts
Studio438 sqft44,00043,4059535
1 B/R869 sqft64,50062,6037254
2 B/R1,348 sqft87,00084,2196634

Layouts with fewer than five contracts in the year are left out. 450 contracts name this building on the register since 2023.

For comparison

Recorded rents in Majan

How Sherena Residence sits against its community. The full Majan rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio40,00041,43244,00035,17585797
1 B/R60,00063,18065,00055,000711,667
2 B/R83,00088,39890,00076,00064929
3 B/R150,000156,117149,000150,00077175
4 B/R188,938245,310185,000190,00079428
6 B/R277,125342,917275,000277,1253424
5 B/R875,000845,996880,000850,00016154

Rent against price

Gross yield in Sherena Residence

Recorded rent per square foot a year over this building's own recorded resale price per square foot. Where the register names the building on enough contracts, its own rents are used; otherwise the rents recorded across Majan.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
3 B/R77Majan · 17569411%
2 B/R66This building · 347808.4%
1 B/R72This building · 548858.1%
Studio95This building · 359829.7%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Every tenancy, as registered

Recent contracts in Sherena Residence

The latest tenancies registered with Ejari naming this building, newest first.

StartLayoutSizeAnnual rentType
21 Oct 20261 B/R86968,000Renewal
19 Oct 2026Studio43443,000New lease
15 Oct 2026Studio64040,950Renewal
13 Oct 2026Studio43848,000New lease
7 Oct 2026Studio47445,000New lease
2 Oct 2026Studio43347,000New lease
26 Sept 2026Studio43940,000Renewal
20 Sept 20261 B/R88168,000Renewal
15 Sept 2026Studio43348,000Renewal
15 Sept 20262 B/R1,35385,000New lease
12 Sept 20262 B/R1,30885,000Renewal
3 Sept 20261 B/R88157,750Renewal

How often it lets

Contracts per year

New tenancies and renewals naming Sherena Residence, stacked.New leaseRenewal

67
149
140
94
2023202420252026

94 contracts in 2026 so far. The 2026 bar is part-year.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.

Nearby

What else to look at in Majan

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Binghatti Skyflame 2newest45220261,399
Binghatti Skyflame 1newest86120261,378
Sherena Residence 21012023864
Paradise View 22802026851
Forum Residences492023829
Deansgate By Ade972024824
Al Rabia Tower3322022772
Croesus892020550

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into Sherena Residence? Ejari, the DEWA move-in and your Makani number, explained.

Questions about Sherena Residence? Our team is a message away.

Sam McCone

Sam McCone

McCone Properties