1-bed · 904 sqftSherena Residence, Majan · 2nd floor · completed 2017

B204, Sherena Residence

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

Unit B204 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 800K26 July 2024
Current rentAED 65K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B204, Sherena Residence

What is B204 worth today?

Last sold for AED 800,000 in 2024

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5 Aug 2026RentedRenewal
AED 65,000/yr12 months · AED 72 per sqft
5 Aug 2025RentedRenewal
AED 65,000/yr12 months · AED 72 per sqft
5 Aug 2024RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
26 Jul 2024Sold by developerReady
AED 800,000AED 885 per sqft
15 Mar 2023RentedRenewal
AED 45,150/yr12 months · AED 50 per sqft
15 Mar 2022RentedRenewal
AED 43,000/yr12 months · AED 48 per sqft
15 Mar 2021RentedRenewal
AED 43,000/yr12 months · AED 48 per sqft
15 Mar 2020RentedRenewal
AED 46,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
2nd of 10
Parking
B-26
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 800K · July 2024

About B204, Sherena Residence

B204 is a one-bedroom apartment of 904 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 26 July 2024 for AED 800,000, or AED 885 per sqft, 14% above the AED 778 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 65,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for B204 over time

Sales
Unit B204, 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, July 2024: AED 800,000 (AED 885 per sqft)

B204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B204, 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 51,429 a yearNew contract, March 2019: AED 50,000 a yearRenewal, March 2020: AED 46,000 a yearRenewal, March 2021: AED 43,000 a yearRenewal, March 2022: AED 43,000 a yearRenewal, March 2023: AED 45,150 a yearNew contract, August 2024: AED 65,000 a yearRenewal, August 2025: AED 65,000 a yearRenewal, August 2026: AED 65,000 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 B204 sits

All 123 1-beds →

B204 last sold in July 2024 at AED 885 per sqft, 14% above what one-beds in Sherena Residence were fetching at the time (AED 778). 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. B204's AED 65,000 is in the upper 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 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

B204, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 26 July 2024 for AED 800,000, or AED 885 per sqft.
  • Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 51,429 to AED 43,000 in 2022 and recovered to AED 65,000 by August 2026.
  • At AED 65,000 a year the gross yield on the 2024 price is 8.1%, 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 5 August 2026.

Questions about B204, Sherena Residence

What did unit B204 last sell for?

AED 800,000 on 26 July 2024, sold by the developer: AED 885 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B204?

AED 65,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 65,000; the unit has been rented since January 2018.

How big is unit B204?

904 sqft (84.0 sqm): a one-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2017.

What is unit B204 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 B204, Sherena Residence

Starts from the last sale price (AED 800K, 26 July 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 →