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

B107, Sherena Residence

Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B107 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 1.03M30 December 2024
Current rentAED 64K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B107, Sherena Residence

What is B107 worth today?

Last sold for AED 1,030,000 in 2024

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30 Dec 2024Sold by developerReady
AED 1,030,000AED 787 per sqft
7 Jul 2024RentedRenewal
AED 64,147/yr5 months · AED 49 per sqft
7 Jul 2023RentedRenewal
AED 60,638/yr12 months · AED 46 per sqft
7 Jul 2022RentedRenewal
AED 57,750/yr12 months · AED 44 per sqft
7 Jul 2021RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
7 Jul 2020RentedRenewal
AED 62,000/yr12 months · AED 47 per sqft
7 Jul 2019RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
1st of 10
Parking
B-19
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,300 /yr
Last sold
AED 1.03M · December 2024

About B107, Sherena Residence

B107 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 30 December 2024 for AED 1,030,000, or AED 787 per sqft, in line with the AED 778 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 July 2024, is AED 64,147 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for B107 over time

Sales
Unit B107, 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, December 2024: AED 1,030,000 (AED 787 per sqft)

B107 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B107, each contractTypical two-bed in Sherena Residence
60K80K2017202020232026Typical 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, July 2019: AED 65,000 a yearRenewal, July 2020: AED 62,000 a yearRenewal, July 2021: AED 55,000 a yearRenewal, July 2022: AED 57,750 a yearRenewal, July 2023: AED 60,638 a yearRenewal, July 2024: AED 64,147 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 B107 sits

All 98 2-beds →

B107 last sold in December 2024 at AED 787 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. B107's AED 64,147 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 64K /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

B107, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 30 December 2024 for AED 1,030,000, or AED 787 per sqft.
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2021 and recovered to AED 64,147 by July 2024.
  • At AED 64,147 a year the gross yield on the 2024 price is 6.2%, 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 30 December 2024.

Questions about B107, Sherena Residence

What did unit B107 last sell for?

AED 1,030,000 on 30 December 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 B107?

AED 64,147 a year on the contract renewed on 7 July 2024. The previous contract, from July 2023, was AED 60,638; the unit has been rented since July 2019.

How big is unit B107?

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 B107 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 B107, 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 →