2-bed · 1,308 sqftSherena Residence, Majan · 3rd floor · completed 2017

B305, 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 B305 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 1.05M29 July 2024
Current rentAED 61K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B305, Sherena Residence

What is B305 worth today?

Last sold for AED 1,050,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Jul 2024Sold by developerReady
AED 1,050,000AED 802 per sqft
1 Oct 2023RentedRenewal
AED 60,638/yr12 months · AED 46 per sqft
1 Oct 2022RentedRenewal
AED 55,750/yr12 months · AED 43 per sqft
1 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
1 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 42 per sqft
10 Apr 2018RentedNew contract
AED 78,000/yr14 months · AED 59 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
3rd of 10
Parking
B-70
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,300 /yr
Last sold
AED 1.05M · July 2024

About B305, Sherena Residence

B305 is a two-bedroom apartment of 1,308 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 29 July 2024 for AED 1,050,000, or AED 802 per sqft, in line with the AED 787 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 60,638 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for B305 over time

Sales
Unit B305, 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, July 2024: AED 1,050,000 (AED 802 per sqft)

B305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B305, 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, April 2018: AED 78,000 a yearNew contract, October 2020: AED 55,000 a yearRenewal, October 2021: AED 55,000 a yearRenewal, October 2022: AED 55,750 a yearRenewal, October 2023: AED 60,638 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 B305 sits

All 98 2-beds →

B305 last sold in July 2024 at AED 802 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 787). 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. B305's AED 60,638 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

B305, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 29 July 2024 for AED 1,050,000, or AED 802 per sqft.
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 55,000 in 2021 and recovered to AED 60,638 by October 2023.
  • At AED 60,638 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 14,300 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 29 July 2024.

Questions about B305, Sherena Residence

What did unit B305 last sell for?

AED 1,050,000 on 29 July 2024, sold by the developer: AED 802 per sqft for 1,308 sqft. It is the only registered sale of the unit.

What is the rent for unit B305?

AED 60,638 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 55,750; the unit has been rented since April 2018.

How big is unit B305?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit B305 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.

Selling B305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B305, Sherena Residence

Starts from the last sale price (AED 1.05M, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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