Sherena Residence in Majan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Sherena Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	44	12,466	549,000

Rents in Sherena Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	78	806	63,200
2	125	760	95,000
3	209	574	120,000

The cap rate (rental yield) of investments into Sherena Residence project is 5.9% on average.

The price of an apartment in Sherena Residence is 12,466 AED/sqm on average.

The long term rent of an apartment in Sherena Residence is 731 AED/sqm/year on average.

Price for completed Studio apartment in Sherena Residence is 549,000 AED or 12,466 AED/sqm.

Rent for 1 bedroom apartment in Sherena Residence is 63,200 AED or 806 AED/sqm.
Rent for 2 bedroom apartment in Sherena Residence is 95,000 AED or 760 AED/sqm.
Rent for 3 bedroom apartment in Sherena Residence is 120,000 AED or 574 AED/sqm.

About Sherena Residence

'Sherena Residence' in 'Majan' area project description

Sherena Residence, located in the rapidly developing Majan area of Dubai, represents an epitome of modern urban living within the emirate's diverse real estate landscape. The project is strategically positioned in Majan, known for its accessibility and vibrant community-driven atmosphere. Majan is part of the larger Dubailand development, which aims to offer a blend of residential, commercial, and entertainment options. Sherena Residence distinguishes itself through its contemporary architectural design and a strong emphasis on luxury and comfort.

The residences in Sherena Residence are thoughtfully designed to cater to a variety of lifestyles, offering units that range from spacious studios to expansive three-bedroom apartments. Each unit is meticulously planned to maximize space efficiency while ensuring a high standard of living. The interiors boast premium finishes, modern fixtures, and high-quality materials to create a sophisticated and comfortable environment for residents. Floor-to-ceiling windows flood the apartments with natural light, providing sweeping views of the surrounding landscape and enhancing the sense of spaciousness within each unit.

One of the standout features of Sherena Residence is its comprehensive suite of amenities designed to elevate the living experience. Residents can enjoy a state-of-the-art fitness center equipped with the latest gym equipment, a temperature-controlled swimming pool for year-round recreation, and landscaped gardens that offer a tranquil escape from the urban hustle. Additionally, a dedicated children's play area ensures that families with young children have a safe and engaging space for their little ones.

Security is a paramount consideration at Sherena Residence, which is why the development is equipped with 24/7 surveillance and professional security personnel. Furthermore, ample parking space, high-speed elevators, and concierge services add to the convenience and comfort of living in this premium residential complex.

The location of Sherena Residence within Majan offers seamless connectivity to various parts of Dubai. Major road networks, including Sheikh Mohammed Bin Zayed Road and Al Ain Road, are in close proximity, making commutes to key business districts, shopping centers, and recreational spots swift and straightforward. The development is also near several reputable educational institutions and healthcare facilities, ensuring that all essential services are within easy reach.

In essence, Sherena Residence promises a balanced blend of luxury, convenience, and community-focused living. It appeals to both families and professionals looking for a high-quality residence within a well-connected and burgeoning area of Dubai. As Majan continues to evolve, Sherena Residence stands out as a cornerstone of this vibrant neighborhood, offering a modern and comfortable lifestyle to its residents.

Q&A on Sherena Residence

What projects are better than 'Sherena Residence' project in Dubai which are located close by, and why?

Majan area in Dubai has several promising real estate projects that could be considered better than Sherena Residence based on various factors such as amenities, developer reputation, design, and investment potential. Here are a few notable ones:

1. Rosewood Dubai Residences:
- Amenities: Offers a range of high-end amenities including a rooftop infinity pool, state-of-the-art fitness center, and spa facilities.
- Design: Modern architectural design with high-quality finishes and fittings.
- Reputation: Developed by a well-known and reputable developer in the region.

2. Al Manara Tower:
- Amenities: Provides a variety of recreational facilities such as indoor and outdoor swimming pools, children's play areas, and landscaped gardens.
- Investment Potential: Located strategically close to major highways, offering better connectivity and higher rental yields.
- Developer: Known for timely project completions and high construction standards.

3. Majan One Residences:
- Amenities: Features luxury amenities like a private cinema, business lounge, and well-equipped gym.
- Sustainability: Built with green building practices and equipped with energy-efficient systems.
- Community Feel: Offers a more community-centric living with retail shops, cafes, and parks within the development.

4. Al Shafar Residences:
- Construction Quality: Higher construction and finishing standards compared to Sherena Residence.
- Design: Contemporary design with larger unit sizes, offering more living space.
- Developer Trustworthiness: Developed by Al Shafar, a name synonymous with quality and reliability in Dubai's real estate market.

5. Sky Central Majan:
- Amenities: Comprehensive amenities including a luxurious lobby, high-speed elevators, swimming pool, and fully equipped gym.
- Accessibility: Better access to public transport and major highways enhances commute times.
- Reputation: Developed by a reputable developer with a good track record in the region.

6. Dreamz by Danube:
- Unique Selling Point: Offers customizable home interiors to better suit individual buyer preferences.
- Amenities: Equipped with both indoor and outdoor sports facilities, landscaped gardens, and eco-friendly initiatives.
- Developer: Danube is a well-celebrated name in the market known for delivering projects as promised.

Each of these projects has unique advantages that might make them more appealing depending on what aspects a buyer values most, whether it's amenities, design, developer reputation, or location.

What are the closest schools to 'Sherena Residence' project in Dubai?

GEMS Winchester School, Dubai - Located in Dubailand, about a 10-minute drive from Sherena Residence.
The Aquila School - Situated in Dubailand, around 12 minutes away by car.
Nord Anglia International School Dubai - Located in Al Barsha South, approximately a 15-minute drive.
Dubai Modern Education School - Located in Al Mizhar 1, about 17 minutes away by car.