Studio · 433 sqftSherena Residence, Majan · 10th floor · completed 2017

B1011, Sherena Residence

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1011 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 530K14 July 2025
Current rentAED 48K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1011, Sherena Residence

What is B1011 worth today?

Last sold for AED 530,000 in 2025

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15 Sep 2026RentedRenewal
AED 48,000/yr12 months · AED 111 per sqft
15 Sep 2025RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
14 Jul 2025SoldReady
AED 530,000AED 1,223 per sqft
24 May 2023Sold by developerReady
AED 370,000AED 853 per sqft
1 Dec 2021RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
10 May 2019RentedNew contract
AED 34,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
10th of 10
Parking
G-118
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,700 /yr
Last sold
AED 530K · July 2025

About B1011, Sherena Residence

B1011 is a studio of 433 sqft on the 10th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 14 July 2025 for AED 530,000, or AED 1,223 per sqft, 21% above the AED 1,007 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 48,000 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 4,700 a year.

Sales and rents for B1011 over time

Sales
Unit B1011, each saleTypical studio in Sherena Residence
400K2016201920222025Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,500Sold by developer, May 2023: AED 370,000 (AED 853 per sqft)Sold, July 2025: AED 530,000 (AED 1,223 per sqft)

B1011 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B1011, each contractTypical studio in Sherena Residence
40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 33,250; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,660; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 43,500New contract, May 2019: AED 34,000 a yearNew contract, December 2021: AED 25,000 a yearNew contract, September 2025: AED 48,000 a yearRenewal, September 2026: AED 48,000 a year

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

Studios in Sherena Residence, and where B1011 sits

All 64 studios →

B1011 last sold in July 2025 at AED 1,223 per sqft, 21% above what studios in Sherena Residence were fetching at the time (AED 1,007). Over the last 12 months studios sold for AED 475,000 to 580,000, around AED 1,158 per sqft, and rent for AED 35,700 to 60,000 a year. B1011's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
29 Jul 2026475,000
22 Jul 2026580,000
6 Feb 2026529,000
7 studio 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
Value
A10011-bedAED 625K · Mar 2021
A10022-bedAED 1.03M · Mar 2024
A10031-bedAED 725K · Jul 2015
A10041-bedAED 680K · Oct 2023
A10051-bedAED 680K · Oct 2017
A10061-bedAED 775K · Nov 2022
B10012-bedAED 1.02M · Dec 2024
1–7 of 24

B1011, Sherena Residence in numbers

  • Sold twice: first on 24 May 2023 for AED 370,000, last on 14 July 2025 for AED 530,000 (AED 1,223 per sqft).
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 34,000 to AED 25,000 in 2021 and recovered to AED 48,000 by September 2026.
  • At AED 48,000 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 4,700 a year (AED 10.95 per sqft).
  • Studios in Sherena Residence sold for AED 475,000–580,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 15 September 2026.

Questions about B1011, Sherena Residence

What did unit B1011 last sell for?

AED 530,000 on 14 July 2025: AED 1,223 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 370,000 in May 2023.

What is the rent for unit B1011?

AED 48,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 48,000; the unit has been rented since May 2019.

How big is unit B1011?

433 sqft (40.2 sqm): a studio on the 10th floor of a 10-storey tower completed in 2017.

What is unit B1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sherena Residence sold for AED 475,000 to 580,000 in the last 12 months, around AED 1,158 per sqft.

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Mortgage on B1011, Sherena Residence

Starts from the last sale price (AED 530K, 14 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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