B1012, Sherena Residence
Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B1012, Sherena Residence
What is B1012 worth today?
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Source: Dubai Land Department. Updated 30 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,353 sqft
- Floor
- 10th of 10
- Parking
- G-119
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.03M · December 2024
- Building
- Sherena Residence
About B1012, Sherena Residence
B1012 is a two-bedroom apartment of 1,353 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 30 December 2024 for AED 1,030,000, or AED 761 per sqft, in line with the AED 778 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 16 May 2022, is AED 55,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 14,800 a year.
Sales and rents for B1012 over time
B1012 has sold once; the dashed line is the two-bed median of each year in the building.
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 B1012 sits
All 98 2-beds →B1012 last sold in December 2024 at AED 761 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 778). 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. B1012's AED 55,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Sherena Residence
Building297 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 63K /yr
- Typical yield
- 7.6%
Other units on the 10th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| B1008 | 2-bed | 1,308 sqft | AED 1.03MAED 1,030,000 · May 2024May 2024 | 60,000 /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 | |
| 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 |
B1012, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 30 December 2024 for AED 1,030,000, or AED 761 per sqft.
- Rented since December 2017 on 4 Ejari contracts, from AED 66,857 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 14,800 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 30 December 2024.
Questions about B1012, Sherena Residence
What did unit B1012 last sell for?
AED 1,030,000 on 30 December 2024, sold by the developer: AED 761 per sqft for 1,353 sqft. It is the only registered sale of the unit.
What is the rent for unit B1012?
AED 55,000 a year on the contract signed on 16 May 2022. The previous contract, from March 2021, was AED 52,000; the unit has been rented since December 2017.
How big is unit B1012?
1,353 sqft (125.7 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2017.
What is unit B1012 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 B1012, Sherena Residence
Starts from the last sale price (AED 1.03M, 30 December 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 →