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Sherena Residence

What people actually paid in Sherena Residence: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

327 sales are on record at the Dubai Land Department, below.

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Arsen Gasparyan

Arsen Gasparyan

Director

Buying in Sherena Residence? Arsen can walk you through what these numbers mean for you.

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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

Recorded rents and gross yield for Sherena Residence →

Living in Majan — the area guide →

What a mortgage on a home in Sherena Residence costs a month — and the cash you need on the day →

Median sale price
AED 1.07M
18 sales · the last 12 months
Mean AED 991K
Median per sq ft
AED 945
+6.8% on the year before
Mean AED 995
Against Majan
31 of 34
Community median AED 1,490 / sq ft
Activity, 90 days
4 sales
0.9× its usual pace · below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

820
939
151617181920212223242526

The low was 2022 at AED 640 a square foot, and it has recovered 47% since.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio438 sqft437,000447,96798232
1 B/R881 sqft800,000777,01588536
2 B/R1,348 sqft1,032,5001,059,31578062
3 B/R1,730 sqft1,200,0001,325,0006947

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Sherena Residence

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
14 Aug 20261 B/R904860,000951
29 Jul 2026Studio436475,0001,089
22 Jul 20263 B/R1,7301,700,000983
22 Jul 2026Studio438580,0001,323
10 Jun 20262 B/R1,3511,150,000851
20 Apr 20262 B/R1,3471,250,000928
26 Mar 20263 B/R1,7731,650,000931
25 Mar 20262 B/R1,3471,200,000891
11 Mar 20262 B/R1,3471,210,000898
11 Mar 20262 B/R1,3481,200,000890
9 Mar 20262 B/R1,6821,300,000773
26 Feb 20261 B/R870900,0001,035

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

5
17
151617181920212223242526

Of the 327 sales on record, 84 were bought off-plan from the developer and 243 were resales of a finished home. The changeover in 2017 is the handover. The 2026 bar is part-year.

In context

Where it sits in Majan

Sherena Residence is the 31st most expensive of the 34 Majan buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
28Barari Parks by Bahat301,110
29Deansgate By Ade161,105
30Al Ghurair Residences 5491,104
31Sherena Residence18945
32Paradise View 1162897
33Paradise View 2280851
34Al Rabia Tower104760

Majan as a whole: AED 1,490 a square foot across 6,111 sales in the last twelve months.

Where the market is moving

The busiest buildings in Majan

Sherena Residence sold 4 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Majan.

RankBuildingSales, 90 daysAgainst its usual pace
1Paradise View 2330.5×
2Celia Heights18New to resale
3OST Tower 11140.8×
4The Haven Tower B70.4×
5The Haven Tower A50.4×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Majan, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 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.

Buying in Sherena Residence? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

Questions about Sherena Residence? Arsen is a message away.

Arsen Gasparyan

Arsen Gasparyan

Your agent in Majan