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DeveloperAsas HoldingView developer profile
Sherena Residence 2
DeveloperAsas HoldingView developer profileDLD Waiver
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Discount
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Handover
Q3 2022
Post Handover
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About Sherena Residence 2
Sherena Residence 2 in Majan is a modern, mid-rise residential complex by Asas Holdings offering studios to 3-bedroom apartments, focusing on luxury at an affordable price.
Market Intelligence
Completed transactions in Sherena Residence 2
Median sale price/sqft
AED 876/sqft+5.9%
Median sale price
AED 775,000
Median price/sqft over time
Jan 24Range AED 815 – AED 888Jun 24
Transaction activity
LiquidityStrongPrice momentumRising
30 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 100%
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-04 | Sherena Residence 2 | 1 | 996 sqft | AED 811,422 | 815 |
| 2024-10-31 | Sherena Residence 2 | 1 | 897 sqft | AED 775,000 | 864 |
| 2024-10-16 | Sherena Residence 2 | Studio | 604 sqft | AED 573,496 | 950 |
| 2024-09-25 | Sherena Residence 2 | 1 | 1,042 sqft | AED 1,020,000 | 979 |
| 2024-07-20 | Sherena Residence 2 | Studio | 476 sqft | AED 380,544 | 800 |
| 2024-06-25 | Sherena Residence 2 | 1 | 996 sqft | AED 811,422 | 815 |
Completed transactions in Majan
Median sale price/sqft
AED 1,284/sqft+53.4%
Median sale price
AED 847,870
Gross rental yield
6.3%
Median annual rent
AED 53,077
Median price/sqft over time
Dec 23Range AED 985 – AED 1,512Dec 24
Community activity
LiquidityStrongPrice momentumRising
2,296 sales and 3,708 rentals in the last 12 months
Primary vs resale
Primary 80.6%Resale 19.4%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-14 | Deansgate | 1 | 1,078 sqft | AED 1,022,200 | 948 |
| 2024-12-13 | Shakespeare Tower | 2 | 1,562 sqft | AED 1,085,514 | 695 |
| 2024-12-12 | - | - | — | AED 12,100,000 | — |
| 2024-12-12 | Samana Barari Views | Studio | 387 sqft | AED 760,104 | 1,964 |
| 2024-12-12 | Samana Barari Views 2 | 1 | 771 sqft | AED 1,144,962 | 1,485 |
| 2024-12-12 | Samana Barari Views 2 | 1 | 761 sqft | AED 1,144,962 | 1,505 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Sherena Residence 2
Our team will send you the complete payment schedule, floor plans and current offer from Asas Holding.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
Frequently asked questions about Sherena Residence 2
- What is the handover date for Sherena Residence 2?
- Sherena Residence 2 is scheduled for handover in Q3 2022.
- What is the starting price of Sherena Residence 2?
- Price is available on request. Contact our team for the current list.
- Who is the developer of Sherena Residence 2?
- Sherena Residence 2 is being developed by Asas Holding.
- Where is Sherena Residence 2 located?
- Sherena Residence 2 is located in .