B302, Sherena Residence
Sold prices and rental history: sold once, by the developer in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B302, Sherena Residence
What is B302 worth today?
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Source: Dubai Land Department. Updated 2 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 3rd of 10
- Parking
- B-67
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 4,700 /yr
- Last sold
- AED 385K · February 2024
- Building
- Sherena Residence
About B302, Sherena Residence
B302 is a studio of 433 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 1 February 2024 for AED 385,000, or AED 888 per sqft, 5% above the AED 846 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 2 October 2026, is AED 47,000 a year: a gross yield of 12.2% on the 2024 price, before the service charge of about AED 4,700 a year.
Sales and rents for B302 over time
B302 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 B302 sits
All 64 studios →B302 last sold in February 2024 at AED 888 per sqft, 5% above what studios in Sherena Residence were fetching at the time (AED 846). 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. B302's AED 47,000 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 3rd floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A301 | 1-bed | 908 sqft | AED 365KAED 364,680 · Oct 2017October 2017 | 51,975 /yr | |
| A302 | 2-bed | 1,348 sqft | AED 1.07MAED 1,069,368 · Aug 2017August 2017 | 67,000 /yr | |
| A303 | 1-bed | 881 sqft | AED 750KAED 750,000 · Aug 2024August 2024 | 44,000 /yr | |
| A304 | 1-bed | 865 sqft | AED 760KAED 760,000 · Jul 2025July 2025 | 60,000 /yr | |
| A305 | 1-bed | 869 sqft | AED 800KAED 800,000 · May 2025May 2025 | 35,000 /yr | |
| A306 | 2-bed | 1,349 sqft | AED 625KAED 625,000 · Mar 2018March 2018 | 70,037 /yr | |
| A307 | 2-bed | 1,276 sqft | AED 1.18MAED 1,175,000 · May 2025May 2025 | 50,000 /yr | |
| A308 | 2-bed | 1,143 sqft | AED 1.15MAED 1,150,000 · Jun 2025June 2025 | 70,000 /yr | |
| A310 | Studio | 439 sqft | AED 365KAED 365,000 · Feb 2023February 2023 | 51,000 /yr | |
| B301 | 2-bed | 1,353 sqft | AED 1.08MAED 1,080,000 · Feb 2024February 2024 | 50,000 /yr | |
| B303 | Studio | 474 sqft | AED 325KAED 325,000 · Sep 2024September 2024 | 45,000 /yr | |
| B304 | 1-bed | 904 sqft | AED 680KAED 680,000 · Sep 2023September 2023 | 60,000 /yr | |
| B305 | 2-bed | 1,308 sqft | AED 1.05MAED 1,050,000 · Jul 2024July 2024 | 60,638 /yr | |
| B306 | 1-bed | 869 sqft | AED 800KAED 800,000 · May 2025May 2025 | 35,000 /yr | |
| B307 | 1-bed | 869 sqft | AED 780KAED 780,000 · Oct 2024October 2024 | 35,000 /yr | |
| B308 | 2-bed | 1,308 sqft | AED 1.02MAED 1,020,000 · Jul 2024July 2024 | 95,000 /yr | |
| B309 | 1-bed | 904 sqft | AED 670KAED 670,000 · Dec 2023December 2023 | 65,000 /yr | |
| B310 | Studio | 474 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | 45,000 /yr | |
| B311 | Studio | 434 sqft | AED 450KAED 450,000 · Sep 2024September 2024 | 44,000 /yr | |
| B312 | 2-bed | 1,353 sqft | AED 1.03MAED 1,030,000 · Sep 2024September 2024 | 64,200 /yr | |
| B313 | 3-bed | 1,730 sqft | AED 1.19MAED 1,185,000 · Nov 2023November 2023 | 73,500 /yr | |
| C301 | 1-bed | 908 sqft | No registered sale | 40,000 /yr | |
| C302 | 2-bed | 1,351 sqft | No registered sale | 78,750 /yr | |
| C303 | 1-bed | 881 sqft | AED 835KAED 835,000 · May 2024May 2024 | 62,000 /yr | |
| C304 | 1-bed | 865 sqft | No registered sale | 54,600 /yr | |
| C305 | 1-bed | 869 sqft | No registered sale | 53,482 /yr | |
| C306 | 2-bed | 1,352 sqft | AED 1.04MAED 1,040,000 · Feb 2025February 2025 | 68,250 /yr | |
| C307 | 2-bed | 1,275 sqft | AED 1.04MAED 1,040,000 · Mar 2025March 2025 | 90,000 /yr | |
| C308 | 2-bed | 1,143 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 90,000 /yr | |
| C309 | Studio | 436 sqft | No registered sale | 38,808 /yr | |
| C310 | Studio | 439 sqft | No registered sale | 38,587 /yr |
B302, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 1 February 2024 for AED 385,000, or AED 888 per sqft.
- Rented since May 2019 on 9 Ejari contracts. The rent fell from AED 34,000 to AED 27,000 in 2020 and recovered to AED 47,000 by October 2026.
- At AED 47,000 a year the gross yield on the 2024 price is 12.2%, before a service charge of about AED 4,700 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 2 October 2026.
Questions about B302, Sherena Residence
What did unit B302 last sell for?
AED 385,000 on 1 February 2024, sold by the developer: AED 888 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit B302?
AED 47,000 a year on the contract signed on 2 October 2026. The previous contract, from October 2025, was AED 47,000; the unit has been rented since May 2019.
How big is unit B302?
433 sqft (40.2 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2017.
What is unit B302 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 B302, Sherena Residence
Starts from the last sale price (AED 385K, 1 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 385,000
- Deposit, UAE resident (20%)
- AED 77,000
- Deposit, non-resident (40%)
- AED 154,000
- Monthly over 25 years at 3.7%
- AED 1,575
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →