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

B209, 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 B209 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 790K13 November 2024
Current rentAED 44K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B209, Sherena Residence

What is B209 worth today?

Last sold for AED 790,000 in 2024

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13 Nov 2024Sold by developerReady
AED 790,000AED 874 per sqft
20 Jan 2024RentedRenewal
AED 44,077/yr8 months · AED 49 per sqft
20 Jan 2023RentedRenewal
AED 44,100/yr12 months · AED 49 per sqft
20 Jan 2022RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
20 Jul 2019RentedNew contract
AED 47,000/yr12 months · AED 52 per sqft
20 May 2018RentedNew contract
AED 58,000/yr14 months · AED 64 per sqft
15 Nov 2017RentedNew contract
AED 55,714/yr14 months · AED 62 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
2nd of 10
Parking
B-62
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 790K · November 2024

About B209, Sherena Residence

B209 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 13 November 2024 for AED 790,000, or AED 874 per sqft, in line with the AED 874 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 44,077 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for B209 over time

Sales
Unit B209, 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 790,000 (AED 874 per sqft)

B209 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B209, 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, November 2017: AED 55,714 a yearNew contract, May 2018: AED 58,000 a yearNew contract, July 2019: AED 47,000 a yearNew contract, January 2022: AED 42,000 a yearRenewal, January 2023: AED 44,100 a yearRenewal, January 2024: AED 44,077 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 B209 sits

All 123 1-beds →

B209 last sold in November 2024 at AED 874 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 874). 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. B209's AED 44,077 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 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

B209, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 13 November 2024 for AED 790,000, or AED 874 per sqft.
  • Rented since November 2017 on 6 Ejari contracts, from AED 55,714 to AED 44,077 a year.
  • At AED 44,077 a year the gross yield on the 2024 price is 5.6%, 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 13 November 2024.

Questions about B209, Sherena Residence

What did unit B209 last sell for?

AED 790,000 on 13 November 2024, sold by the developer: AED 874 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B209?

AED 44,077 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 44,100; the unit has been rented since November 2017.

How big is unit B209?

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

What is unit B209 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 B209, Sherena Residence

Starts from the last sale price (AED 790K, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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