2-bed · 1,352 sqftSherena Residence, Majan · 2nd floor · completed 2017

B201, Sherena Residence

Sold prices and rental history: sold once, by the developer in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B201 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 1.03M12 November 2024
Current rentAED 61K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B201, Sherena Residence

What is B201 worth today?

Last sold for AED 1,030,000 in 2024

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12 Nov 2024Sold by developerReady
AED 1,030,000AED 761 per sqft
20 Mar 2024RentedRenewal
AED 61,019/yr8 months · AED 45 per sqft
20 Mar 2023RentedRenewal
AED 57,750/yr12 months · AED 43 per sqft
20 Sep 2022RentedRenewal
AED 55,000/yr6 months · AED 41 per sqft
20 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 37 per sqft
1 Sep 2019RentedNew contract
AED 67,000/yr12 months · AED 50 per sqft
1 Feb 2018RentedNew contract
AED 66,857/yr14 months · AED 49 per sqft
29 Nov 2017RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
2-bed apartment
Size
1,352 sqft
Floor
2nd of 10
Parking
B-23
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.03M · November 2024

About B201, Sherena Residence

B201 is a two-bedroom apartment of 1,352 sqft on the 2nd 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 1,030,000, or AED 761 per sqft, in line with the AED 779 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 20 March 2024, is AED 61,019 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for B201 over time

Sales
Unit B201, 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, November 2024: AED 1,030,000 (AED 761 per sqft)

B201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B201, each contractTypical two-bed in Sherena Residence
50K100K150K2017202020232026Typical 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, November 2017: AED 150,000 a yearNew contract, February 2018: AED 66,857 a yearNew contract, September 2019: AED 67,000 a yearNew contract, September 2021: AED 50,000 a yearRenewal, September 2022: AED 55,000 a yearRenewal, March 2023: AED 57,750 a yearRenewal, March 2024: AED 61,019 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 B201 sits

All 98 2-beds →

B201 last sold in November 2024 at AED 761 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 779). 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. B201's AED 61,019 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 2nd floor

All 297 units in Sherena Residence
Value
A2011-bedAED 1.05M · Mar 2017
A2022-bedAED 1.05M · Mar 2025
A2031-bedAED 816K · Aug 2017
A2041-bedAED 651K · Mar 2017
A2051-bedAED 530K · Jan 2022
A2062-bedAED 830K · Jan 2024
A2072-bedAED 1.14M · Nov 2024
1–7 of 30

B201, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 12 November 2024 for AED 1,030,000, or AED 761 per sqft.
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 50,000 in 2021 and recovered to AED 61,019 by March 2024.
  • At AED 61,019 a year the gross yield on the 2024 price is 5.9%, 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 12 November 2024.

Questions about B201, Sherena Residence

What did unit B201 last sell for?

AED 1,030,000 on 12 November 2024, sold by the developer: AED 761 per sqft for 1,352 sqft. It is the only registered sale of the unit.

What is the rent for unit B201?

AED 61,019 a year on the contract renewed on 20 March 2024. The previous contract, from March 2023, was AED 57,750; the unit has been rented since November 2017.

How big is unit B201?

1,352 sqft (125.6 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2017.

What is unit B201 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 B201, Sherena Residence

Starts from the last sale price (AED 1.03M, 12 November 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 →