B203, Sherena Residence
Sold prices and rental history: sold once, by the developer in June 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B203, Sherena Residence
What is B203 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 2nd of 10
- Parking
- B-25
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 5,200 /yr
- Last sold
- AED 550K · June 2025
- Building
- Sherena Residence
About B203, Sherena Residence
B203 is a studio of 474 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 24 June 2025 for AED 550,000, or AED 1,161 per sqft, 16% above the AED 1,001 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 43,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 5,200 a year.
Sales and rents for B203 over time
B203 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Sherena Residence, and where B203 sits
All 64 studios →B203 last sold in June 2025 at AED 1,161 per sqft, 16% above what studios in Sherena Residence were fetching at the time (AED 1,001). Over the last 12 months studios sold for AED 475,000 to 580,000, around AED 1,158 per sqft, and rent for AED 35,700 to 60,000 a year. B203's AED 43,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 537 sqft | 545,000 | 1,014 | ||
| 29 Jul 202629 July 2026 | 436 sqft | 475,000 | 1,088 | ||
| 22 Jul 202622 July 2026 | 438 sqft | 580,000 | 1,322 | ||
| 6 Feb 20266 February 2026 | 438 sqft | 529,000 | 1,206 |
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 2nd floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A201 | 1-bed | 904 sqft | AED 1.05MAED 1,050,000 · Mar 2017March 2017 | ||
| A202 | 2-bed | 1,349 sqft | AED 1.05MAED 1,050,000 · Mar 2025March 2025 | 52,500 /yr | |
| A203 | 1-bed | 881 sqft | AED 816KAED 815,920 · Aug 2017August 2017 | 65,000 /yr | |
| A204 | 1-bed | 865 sqft | AED 651KAED 651,000 · Mar 2017March 2017 | 60,000 /yr | |
| A205 | 1-bed | 869 sqft | AED 530KAED 530,000 · Jan 2022January 2022 | 40,000 /yr | |
| A206 | 2-bed | 1,350 sqft | AED 830KAED 830,000 · Jan 2024January 2024 | 78,000 /yr | |
| A207 | 2-bed | 1,270 sqft | AED 1.14MAED 1,140,000 · Nov 2024November 2024 | 101,000 /yr | |
| A209 | Studio | 436 sqft | AED 364KAED 363,653 · Jun 2015June 2015 | 27,000 /yr | |
| B201 | 2-bed | 1,352 sqft | AED 1.03MAED 1,030,000 · Nov 2024November 2024 | 61,019 /yr | |
| B202 | Studio | 434 sqft | No registered sale | 43,000 /yr | |
| B204 | 1-bed | 904 sqft | AED 800KAED 800,000 · Jul 2024July 2024 | 65,000 /yr | |
| B205 | 2-bed | 1,308 sqft | AED 1.02MAED 1,020,000 · Oct 2024October 2024 | 65,000 /yr | |
| B206 | 1-bed | 869 sqft | No registered sale | 65,000 /yr | |
| B207 | 1-bed | 869 sqft | AED 865KAED 865,000 · May 2025May 2025 | 41,800 /yr | |
| B208 | 2-bed | 1,308 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 90,000 /yr | |
| B209 | 1-bed | 904 sqft | AED 790KAED 790,000 · Nov 2024November 2024 | 44,077 /yr | |
| B210 | Studio | 474 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 30,000 /yr | |
| B211 | Studio | 434 sqft | AED 440KAED 440,000 · Jun 2024June 2024 | 43,000 /yr | |
| B212 | 2-bed | 1,352 sqft | AED 1.03MAED 1,030,000 · Oct 2024October 2024 | 90,000 /yr | |
| B213 | 3-bed | 1,773 sqft | AED 1.65MAED 1,650,000 · Mar 2026March 2026 | 75,000 /yr | |
| C201 | 1-bed | 904 sqft | AED 738KAED 738,485 · Jan 2017January 2017 | 64,000 /yr | |
| C202 | 2-bed | 1,352 sqft | AED 1.12MAED 1,117,670 · Jan 2017January 2017 | 88,000 /yr | |
| C203 | 1-bed | 881 sqft | AED 717KAED 716,777 · Jan 2017January 2017 | 59,000 /yr | |
| C204 | 1-bed | 865 sqft | AED 703KAED 703,088 · Jan 2017January 2017 | 58,000 /yr | |
| C205 | 1-bed | 869 sqft | AED 703KAED 703,088 · Jan 2017January 2017 | 60,000 /yr | |
| C206 | 2-bed | 1,353 sqft | AED 1.12MAED 1,117,670 · Jan 2017January 2017 | 74,000 /yr | |
| C207 | 2-bed | 1,270 sqft | AED 1.03MAED 1,029,048 · Jun 2018June 2018 | 75,000 /yr | |
| C208 | 2-bed | 1,142 sqft | AED 940KAED 940,329 · Jan 2017January 2017 | 80,000 /yr | |
| C209 | Studio | 436 sqft | AED 359KAED 359,219 · Jan 2017January 2017 | 44,000 /yr | |
| C210 | Studio | 438 sqft | AED 359KAED 359,219 · Jan 2017January 2017 | 45,000 /yr |
B203, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 24 June 2025 for AED 550,000, or AED 1,161 per sqft.
- Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 34,286 to AED 24,000 in 2024 and recovered to AED 43,000 by August 2026.
- At AED 43,000 a year the gross yield on the 2025 price is 7.8%, before a service charge of about AED 5,200 a year (AED 10.95 per sqft).
- Studios in Sherena Residence sold for AED 475,000–580,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.
Source: Dubai Land Department. Updated 15 August 2026.
Questions about B203, Sherena Residence
What did unit B203 last sell for?
AED 550,000 on 24 June 2025, sold by the developer: AED 1,161 per sqft for 474 sqft. It is the only registered sale of the unit.
What is the rent for unit B203?
AED 43,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 43,000; the unit has been rented since January 2018.
How big is unit B203?
474 sqft (44.0 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2017.
What is unit B203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sherena Residence sold for AED 475,000 to 580,000 in the last 12 months, around AED 1,158 per sqft.
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Mortgage on B203, Sherena Residence
Starts from the last sale price (AED 550K, 24 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →