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2-bed · 1,353 sqftSherena Residence, Majan · 3rd floor · completed 2017

B301, Sherena Residence

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

Unit B301 · DLD and Ejari recordsUpdated 26 February 2024
Last soldAED 1.08M26 February 2024
Current rentAED 50K /yr25 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B301, Sherena Residence

What is B301 worth today?

Last sold for AED 1,080,000 in 2024

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26 Feb 2024Sold by developerReady
AED 1,080,000AED 798 per sqft
25 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 37 per sqft
26 Feb 2018RentedNew contract
AED 66,857/yr14 months · AED 49 per sqft

Source: Dubai Land Department. Updated 26 February 2024.

Key facts

Type
2-bed apartment
Size
1,353 sqft
Floor
3rd of 10
Parking
B-66
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.08M · February 2024
Building
Sherena Residence

About B301, Sherena Residence

B301 is a two-bedroom apartment of 1,353 sqft on the 3rd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 26 February 2024 for AED 1,080,000, or AED 798 per sqft, 10% above the AED 726 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 25 October 2020, is AED 50,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for B301 over time

Sales
Unit B301, 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, February 2024: AED 1,080,000 (AED 798 per sqft)

B301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B301, each contractTypical two-bed in Sherena Residence
60K80K2017202020232026Typical 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, February 2018: AED 66,857 a yearNew contract, October 2020: AED 50,000 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 B301 sits

All 98 2-beds →

B301 last sold in February 2024 at AED 798 per sqft, 10% above what two-beds in Sherena Residence were fetching at the time (AED 726). 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. B301's AED 50,000 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 3rd floor

All 297 units in Sherena Residence
Value
A3011-bedAED 365K · Oct 2017
A3022-bedAED 1.07M · Aug 2017
A3031-bedAED 750K · Aug 2024
A3041-bedAED 760K · Jul 2025
A3051-bedAED 800K · May 2025
A3062-bedAED 625K · Mar 2018
A3072-bedAED 1.18M · May 2025
1–7 of 31

B301, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 26 February 2024 for AED 1,080,000, or AED 798 per sqft.
  • Rented since February 2018 on 2 Ejari contracts, from AED 66,857 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.6%, 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 26 February 2024.

Questions about B301, Sherena Residence

What did unit B301 last sell for?

AED 1,080,000 on 26 February 2024, sold by the developer: AED 798 per sqft for 1,353 sqft. It is the only registered sale of the unit.

What is the rent for unit B301?

AED 50,000 a year on the contract signed on 25 October 2020. The previous contract, from February 2018, was AED 66,857.

How big is unit B301?

1,353 sqft (125.7 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit B301 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 B301, Sherena Residence

Starts from the last sale price (AED 1.08M, 26 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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