2-bed · 1,308 sqftSherena Residence, Majan · 10th floor · completed 2017

B1008, Sherena Residence

Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit B1008 · DLD and Ejari recordsUpdated 14 May 2024

Last soldAED 1.03M14 May 2024

Current rentAED 60K /yr1 December 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for B1008, Sherena Residence

Today

What is B1008 worth today?

Last sold for AED 1,030,000 in 2024

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14 May 2024

14 May 2024Sold by developerReady

AED 1,030,000AED 787 per sqft

1 Dec 2023

1 Dec 2023RentedRenewal

AED 60,000/yr12 months · AED 46 per sqft

1 Dec 2022

1 Dec 2022RentedNew contract

AED 60,000/yr12 months · AED 46 per sqft

20 Feb 2021

20 Feb 2021RentedNew contract

AED 53,000/yr12 months · AED 41 per sqft

1 Feb 2020

1 Feb 2020RentedNew contract

AED 65,000/yr12 months · AED 50 per sqft

5 May 2019

5 May 2019RentedNew contract

AED 67,000/yr12 months · AED 51 per sqft

20 Dec 2017

20 Dec 2017RentedNew contract

AED 69,429/yr14 months · AED 53 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type: 2-bed apartment
Size: 1,308 sqft
Floor: 10th of 10
Parking: G-115
Developer: Rose Homes Investment
Completed: 2017
Service charge: AED 14,300 /yr
Last sold: AED 1.03M · May 2024
Building: Sherena Residence

About B1008, Sherena Residence

B1008 is a two-bedroom apartment of 1,308 sqft on the 10th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 14 May 2024 for AED 1,030,000, or AED 787 per sqft, 4% above the AED 760 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 60,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for B1008 over time

Sales

Unit B1008, each saleTypical two-bed in Sherena Residence

B1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit B1008, each contractTypical two-bed in Sherena Residence

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sherena Residence, and where B1008 sits

All 98 2-beds →

2-beds in Sherena Residence · last 12 months890 /sqft Sherena Residence · all types951 /sqft

B1008 last sold in May 2024 at AED 787 per sqft, 4% above what two-beds in Sherena Residence were fetching at the time (AED 760). Over the last 12 months two-beds sold for AED 1,150,000 to 1,300,000, around AED 890 per sqft, and rent for AED 40,000 to 105,000 a year. B1008's AED 60,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
10 Jun 202610 June 2026	1,351 sqft	1,150,000	851
17 Apr 202617 April 2026	1,347 sqft	1,250,000	927
25 Mar 202625 March 2026	1,347 sqft	1,200,000	890
11 Mar 202611 March 2026	1,347 sqft	1,210,000	898

7 2-bed sales in the last 12 months

Sherena Residence

Building

297 apartments, studios to 4-bed over 10 floors in Majan, completed in 2017 by Rose Homes Investment. 19 sold in the last 12 months.

Typical price per sqft: AED 951 Up 6.8%
Typical sale: AED 1M
Typical rent: AED 64K /yr
Typical yield: 7.6%

Sherena Residence, Majan: prices, sales and rents →

Other units on the 10th floor

All 297 units in Sherena Residence


A1001	1-bed	908 sqft	AED 625KAED 625,000 · Mar 2021March 2021	58,000 /yr
A1002	2-bed	1,347 sqft	AED 1.03MAED 1,025,000 · Mar 2024March 2024	57,200 /yr
A1003	1-bed	881 sqft	AED 725KAED 724,780 · Jul 2015July 2015	51,975 /yr
A1004	1-bed	865 sqft	AED 680KAED 680,000 · Oct 2023October 2023	49,714 /yr
A1005	1-bed	869 sqft	AED 680KAED 680,000 · Oct 2017October 2017	53,021 /yr
A1006	1-bed	1,386 sqft	AED 775KAED 775,000 · Nov 2022November 2022
B1001	2-bed	1,353 sqft	AED 1.02MAED 1,020,000 · Dec 2024December 2024	40,000 /yr
B1002	Studio	434 sqft	No registered sale	42,000 /yr
B1003	Studio	474 sqft	AED 450KAED 450,000 · Mar 2024March 2024	27,500 /yr
B1004	1-bed	904 sqft	No registered sale	44,100 /yr
B1005	2-bed	1,308 sqft	AED 1.03MAED 1,030,000 · Feb 2024February 2024	58,800 /yr
B1006	1-bed	869 sqft	No registered sale	70,000 /yr
B1007	1-bed	869 sqft	No registered sale	65,000 /yr
B1009	1-bed	904 sqft	AED 800KAED 800,000 · Oct 2024October 2024	70,000 /yr
B1010	Studio	474 sqft	No registered sale	45,000 /yr
B1011	Studio	433 sqft	AED 530KAED 530,000 · Jul 2025July 2025	48,000 /yr
B1012	2-bed	1,353 sqft	AED 1.03MAED 1,030,000 · Dec 2024December 2024	55,000 /yr
B1013	3-bed	1,730 sqft	AED 1.7MAED 1,700,000 · Jul 2026July 2026	115,000 /yr
C1001	1-bed	908 sqft	AED 730KAED 730,000 · Feb 2017February 2017
C1002	2-bed	1,350 sqft	AED 1.05MAED 1,050,000 · Apr 2025April 2025	90,000 /yr
C1003	1-bed	881 sqft	AED 725KAED 725,000 · Aug 2017August 2017
C1004	1-bed	865 sqft	AED 673KAED 672,700 · Jul 2017July 2017
C1005	1-bed	870 sqft	AED 900KAED 900,000 · Feb 2026February 2026	55,800 /yr
C1006	1-bed	1,391 sqft	AED 1MAED 1,000,000 · Feb 2026February 2026	80,000 /yr

1–7 of 24

B1008, Sherena Residence in numbers

Sold once: by Rose Homes Investment on 14 May 2024 for AED 1,030,000, or AED 787 per sqft.
Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 69,429 to AED 53,000 in 2021 and recovered to AED 60,000 by December 2023.
At AED 60,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 14,300 a year (AED 10.95 per sqft).
Two-beds in Sherena Residence sold for AED 1,150,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 14 May 2024.

Questions about B1008, Sherena Residence

What did unit B1008 last sell for?

AED 1,030,000 on 14 May 2024, sold by the developer: AED 787 per sqft for 1,308 sqft. It is the only registered sale of the unit.

What is the rent for unit B1008?

AED 60,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 60,000; the unit has been rented since December 2017.

How big is unit B1008?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit B1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherena Residence sold for AED 1,150,000 to 1,300,000 in the last 12 months, around AED 890 per sqft.

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Mortgage on B1008, Sherena Residence

Starts from the last sale price (AED 1.03M, 14 May 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,030,000
Deposit, UAE resident (20%): AED 206,000
Deposit, non-resident (40%): AED 412,000
Monthly over 25 years at 3.7%: AED 4,214

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →