Sherena Residence Launch Prices
Off-plan in Majan · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
84 developer launch sales registered at Sherena Residence between Sept 2015 and Oct 2017: 100% apartments, most commonly 1-bed units, typically around 885 sqft.
Bed mix: Studio 17% · 1-bed 56% · 2-bed 26% · 3-bed 1%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Sherena Residence, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2015 Q3 | 4 | AED 827 |
| 2015 Q4 | 1 | AED 820 |
| 2016 Q2 | 11 | AED 800 |
| 2016 Q3 | 17 | AED 714 |
| 2016 Q4 | 1 | AED 725 |
| 2017 Q1 | 29 | AED 810 |
| 2017 Q2 | 5 | AED 817 |
| 2017 Q3 | 15 | AED 810 |
| 2017 Q4 | 1 | AED 823 |
Launch vs Resale
Sherena Residence also has 241 ready-market resales registered with the DLD, the first on 12 October 2017 - 25 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Resale prices and recent transactions at Sherena Residence →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Majan
Off-plan in Majan
Compare this project with every other off-plan launch registered in Majan, or see the community's resale market.
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