Studio · 434 sqftSherena Residence, Majan · 3rd floor · completed 2017

B311, 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 B311 · DLD and Ejari recordsUpdated 5 October 2025
Last soldAED 450K11 September 2024
Current rentAED 44K /yr5 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B311, Sherena Residence

What is B311 worth today?

Last sold for AED 450,000 in 2024

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5 Oct 2025RentedRenewal
AED 44,000/yr12 months · AED 102 per sqft
5 Oct 2024RentedNew contract
AED 44,000/yr12 months · AED 102 per sqft
11 Sep 2024Sold by developerReady
AED 450,000AED 1,037 per sqft
1 Apr 2023RentedRenewal
AED 28,600/yr12 months · AED 66 per sqft
1 Apr 2022RentedNew contract
AED 26,000/yr12 months · AED 60 per sqft
10 Dec 2020RentedNew contract
AED 27,000/yr12 months · AED 62 per sqft
20 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 69 per sqft
8 Feb 2018RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 5 October 2025.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
3rd of 10
Parking
B-76
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,700 /yr
Last sold
AED 450K · September 2024

About B311, Sherena Residence

B311 is a studio of 434 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 11 September 2024 for AED 450,000, or AED 1,037 per sqft, 14% above the AED 912 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 44,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for B311 over time

Sales
Unit B311, 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 450,000 (AED 1,037 per sqft)

B311 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B311, 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, February 2018: AED 40,000 a yearNew contract, August 2019: AED 30,000 a yearNew contract, December 2020: AED 27,000 a yearNew contract, April 2022: AED 26,000 a yearRenewal, April 2023: AED 28,600 a yearNew contract, October 2024: AED 44,000 a yearRenewal, October 2025: AED 44,000 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 B311 sits

All 64 studios →

B311 last sold in September 2024 at AED 1,037 per sqft, 14% above what studios in Sherena Residence were fetching at the time (AED 912). 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. B311's AED 44,000 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

B311, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 11 September 2024 for AED 450,000, or AED 1,037 per sqft.
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 26,000 in 2022 and recovered to AED 44,000 by October 2025.
  • At AED 44,000 a year the gross yield on the 2024 price is 9.8%, 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 5 October 2025.

Questions about B311, Sherena Residence

What did unit B311 last sell for?

AED 450,000 on 11 September 2024, sold by the developer: AED 1,037 per sqft for 434 sqft. It is the only registered sale of the unit.

What is the rent for unit B311?

AED 44,000 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 44,000; the unit has been rented since February 2018.

How big is unit B311?

434 sqft (40.3 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2017.

What is unit B311 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 B311, Sherena Residence

Starts from the last sale price (AED 450K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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