Studio · 474 sqftSherena Residence, Majan · 3rd floor · completed 2017

B303, Sherena Residence

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

Unit B303 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 325K4 September 2024
Current rentAED 45K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B303, Sherena Residence

What is B303 worth today?

Last sold for AED 325,000 in 2024

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7 Oct 2026RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
21 Sep 2024RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft
4 Sep 2024Sold by developerReady
AED 325,000AED 685 per sqft
25 Nov 2023RentedRenewal
AED 28,854/yr10 months · AED 61 per sqft
25 Nov 2022RentedRenewal
AED 27,500/yr12 months · AED 58 per sqft
25 Nov 2021RentedRenewal
AED 25,000/yr12 months · AED 53 per sqft
25 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 59 per sqft
25 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
3rd of 10
Parking
B-68
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 325K · September 2024

About B303, Sherena Residence

B303 is a studio of 474 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 4 September 2024 for AED 325,000, or AED 685 per sqft, 24% below the AED 900 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, signed on 7 October 2026, is AED 45,000 a year: a gross yield of 13.9% on the 2024 price, before the service charge of about AED 5,200 a year.

Sales and rents for B303 over time

Sales
Unit B303, each saleTypical studio in Sherena Residence
400K2016201920222025Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,500Sold by developer, September 2024: AED 325,000 (AED 685 per sqft)

B303 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B303, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 33,250; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,660; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 43,500New contract, January 2018: AED 34,050 a yearNew contract, March 2019: AED 39,744 a yearRenewal, August 2019: AED 31,413 a yearNew contract, November 2019: AED 30,000 a yearNew contract, November 2020: AED 28,000 a yearRenewal, November 2021: AED 25,000 a yearRenewal, November 2022: AED 27,500 a yearRenewal, November 2023: AED 28,854 a yearNew contract, September 2024: AED 44,000 a yearNew contract, October 2026: AED 45,000 a year

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 B303 sits

All 64 studios →

B303 last sold in September 2024 at AED 685 per sqft, 24% below what studios in Sherena Residence were fetching at the time (AED 900). 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. B303's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
29 Jul 2026475,000
22 Jul 2026580,000
6 Feb 2026529,000
7 studio 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

B303, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 4 September 2024 for AED 325,000, or AED 685 per sqft.
  • Rented since January 2018 on 11 Ejari contracts. The rent fell from AED 34,050 to AED 25,000 in 2021 and recovered to AED 45,000 by October 2026.
  • At AED 45,000 a year the gross yield on the 2024 price is 13.9%, 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 7 October 2026.

Questions about B303, Sherena Residence

What did unit B303 last sell for?

AED 325,000 on 4 September 2024, sold by the developer: AED 685 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit B303?

AED 45,000 a year on the contract signed on 7 October 2026. The previous contract, from September 2024, was AED 44,000; the unit has been rented since January 2018.

How big is unit B303?

474 sqft (44.0 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2017.

What is unit B303 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 B303, Sherena Residence

Starts from the last sale price (AED 325K, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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