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1-bed · 869 sqftSherena Residence, Majan · 3rd floor · completed 2017

B306, Sherena Residence

Sold prices and rental history: sold once, by the developer in May 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B306 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 800K1 May 2025
Current rentAED 35K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B306, Sherena Residence

What is B306 worth today?

Last sold for AED 800,000 in 2025

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1 May 2025Sold by developerReady
AED 800,000AED 920 per sqft
1 Dec 2020RentedNew contract
AED 35,000/yr12 months · AED 40 per sqft
15 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
3rd of 10
Parking
B-71
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 800K · May 2025
Building
Sherena Residence

About B306, Sherena Residence

B306 is a one-bedroom apartment of 869 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 May 2025 for AED 800,000, or AED 920 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 December 2020, is AED 35,000 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 9,500 a year.

Sales and rents for B306 over time

Sales
Unit B306, 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, May 2025: AED 800,000 (AED 920 per sqft)

B306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B306, 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 2019: AED 45,000 a yearNew contract, December 2020: AED 35,000 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 B306 sits

All 123 1-beds →

B306 last sold in May 2025 at AED 920 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 901). 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. B306's AED 35,000 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 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

B306, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 1 May 2025 for AED 800,000, or AED 920 per sqft.
  • Rented since November 2019 on 2 Ejari contracts, from AED 45,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 9,500 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 1 May 2025.

Questions about B306, Sherena Residence

What did unit B306 last sell for?

AED 800,000 on 1 May 2025, sold by the developer: AED 920 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit B306?

AED 35,000 a year on the contract signed on 1 December 2020. The previous contract, from November 2019, was AED 45,000.

How big is unit B306?

869 sqft (80.7 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit B306 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 B306, Sherena Residence

Starts from the last sale price (AED 800K, 1 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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