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

B104, Sherena Residence

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B104 · DLD and Ejari recordsUpdated 13 October 2023
Last soldAED 910K13 October 2023
Current rentAED 55K /yr25 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B104, Sherena Residence

What is B104 worth today?

Last sold for AED 910,000 in 2023

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13 Oct 2023Sold by developerReady
AED 910,000AED 695 per sqft
25 Jun 2022RentedNew contract
AED 55,000/yr12 months · AED 42 per sqft
1 May 2020RentedRenewal
AED 33,500/yr24 months · AED 26 per sqft
30 Apr 2020RentedNew contract
AED 67,000/yr24 months · AED 51 per sqft
1 May 2019RentedNew contract
AED 67,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 13 October 2023.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
1st of 10
Parking
B-16
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,300 /yr
Last sold
AED 910K · October 2023

About B104, Sherena Residence

B104 is a two-bedroom apartment of 1,308 sqft on the 1st floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 13 October 2023 for AED 910,000, or AED 695 per sqft, in line with the AED 695 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 June 2022, is AED 55,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 14,300 a year.

Sales and rents for B104 over time

Sales
Unit B104, each saleTypical two-bed in Sherena Residence
1M1.2M2016201920222025Typical sale price by year: 2016 AED 992,994; 2017 AED 980,382; 2018 AED 874,613; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000; 2026 AED 1,210,000Sold by developer, October 2023: AED 910,000 (AED 695 per sqft)

B104 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B104, each contractTypical two-bed in Sherena Residence
25K50K75K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 70,286; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 51,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 66,000; 2025 AED 86,500; 2026 AED 85,000New contract, May 2019: AED 67,000 a yearNew contract, April 2020: AED 67,000 a yearRenewal, May 2020: AED 33,500 a yearNew contract, June 2022: AED 55,000 a year

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 B104 sits

All 98 2-beds →

B104 last sold in October 2023 at AED 695 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 695). 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. B104's AED 55,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,150,000
17 Apr 20261,250,000
25 Mar 20261,200,000
11 Mar 20261,210,000
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 63K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 1st floor

All 297 units in Sherena Residence
Value
A1011-bedAED 750K · Aug 2017
A1022-bedAED 900K · Nov 2018
A1031-bedAED 700K · Sep 2017
A1041-bedAED 800K · Nov 2024
A1051-bedAED 690K · May 2018
A1062-bedAED 700K · Apr 2018
A1072-bedAED 1.45M · Aug 2025
1–7 of 27

B104, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 13 October 2023 for AED 910,000, or AED 695 per sqft.
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 67,000 to AED 33,500 in 2020 and recovered to AED 55,000 by June 2022.
  • At AED 55,000 a year the gross yield on the 2023 price is 6.0%, 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 13 October 2023.

Questions about B104, Sherena Residence

What did unit B104 last sell for?

AED 910,000 on 13 October 2023, sold by the developer: AED 695 per sqft for 1,308 sqft. It is the only registered sale of the unit.

What is the rent for unit B104?

AED 55,000 a year on the contract signed on 25 June 2022. The previous contract, from May 2020, was AED 33,500; the unit has been rented since May 2019.

How big is unit B104?

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

What is unit B104 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 B104, Sherena Residence

Starts from the last sale price (AED 910K, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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