1-bed · 904 sqftSherena Residence, Majan · 1st floor · completed 2017

B108, Sherena Residence

Sold prices and rental history: sold once, by the developer in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B108 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 800K12 November 2024
Current rentAED 44K /yr9 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B108, Sherena Residence

What is B108 worth today?

Last sold for AED 800,000 in 2024

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12 Nov 2024Sold by developerReady
AED 800,000AED 884 per sqft
9 Mar 2023RentedRenewal
AED 44,100/yr12 months · AED 49 per sqft
9 Mar 2022RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
10 Apr 2020RentedRenewal
AED 47,000/yr12 months · AED 52 per sqft
10 Apr 2019RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft
25 Jan 2018RentedNew contract
AED 50,571/yr14 months · AED 56 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
1st of 10
Parking
B-20
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 800K · November 2024

About B108, Sherena Residence

B108 is a one-bedroom apartment of 904 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 12 November 2024 for AED 800,000, or AED 884 per sqft, in line with the AED 865 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 9 March 2023, is AED 44,100 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for B108 over time

Sales
Unit B108, each saleTypical one-bed in Sherena Residence
600K800K20152018202120242027Typical sale price by year: 2015 AED 724,780; 2016 AED 694,408; 2017 AED 703,088; 2018 AED 546,511; 2021 AED 597,500; 2022 AED 562,500; 2023 AED 680,000; 2024 AED 792,500; 2025 AED 810,000; 2026 AED 900,000Sold by developer, November 2024: AED 800,000 (AED 884 per sqft)

B108 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B108, each contractTypical one-bed in Sherena Residence
40K60K2017202020232026Typical rent by year: 2017 AED 51,429; 2018 AED 50,882; 2019 AED 49,500; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 44,132; 2024 AED 51,213; 2025 AED 62,000; 2026 AED 64,000New contract, January 2018: AED 50,571 a yearNew contract, April 2019: AED 48,000 a yearRenewal, April 2020: AED 47,000 a yearNew contract, March 2022: AED 42,000 a yearRenewal, March 2023: AED 44,100 a year

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

1-beds in Sherena Residence, and where B108 sits

All 123 1-beds →

B108 last sold in November 2024 at AED 884 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 865). Over the last 12 months one-beds sold for AED 860,000 to 1,000,000, around AED 951 per sqft, and rent for AED 26,000 to 80,000 a year. B108's AED 44,100 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 2026860,000
26 Feb 2026900,000
20 Feb 20261,000,000
10 Jul 2025760,000
3 1-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

B108, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 12 November 2024 for AED 800,000, or AED 884 per sqft.
  • Rented since January 2018 on 5 Ejari contracts, from AED 50,571 to AED 44,100 a year.
  • At AED 44,100 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 9,900 a year (AED 10.95 per sqft).
  • One-beds in Sherena Residence sold for AED 860,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 12 November 2024.

Questions about B108, Sherena Residence

What did unit B108 last sell for?

AED 800,000 on 12 November 2024, sold by the developer: AED 884 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B108?

AED 44,100 a year on the contract renewed on 9 March 2023. The previous contract, from March 2022, was AED 42,000; the unit has been rented since January 2018.

How big is unit B108?

904 sqft (84.0 sqm): a one-bedroom apartment on the 1st floor of a 10-storey tower completed in 2017.

What is unit B108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherena Residence sold for AED 860,000 to 1,000,000 in the last 12 months, around AED 951 per sqft.

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Mortgage on B108, Sherena Residence

Starts from the last sale price (AED 800K, 12 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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