B312, Sherena Residence
Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B312, Sherena Residence
What is B312 worth today?
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Source: Dubai Land Department. Updated 25 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,353 sqft
- Floor
- 3rd of 10
- Parking
- B-90
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.03M · September 2024
- Building
- Sherena Residence
About B312, Sherena Residence
B312 is a two-bedroom apartment of 1,353 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 25 September 2024 for AED 1,030,000, or AED 761 per sqft, in line with the AED 783 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 17 May 2024, is AED 64,200 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 14,800 a year.
Sales and rents for B312 over time
B312 has sold once; the dashed line is the two-bed median of each year in the building.
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 B312 sits
All 98 2-beds →B312 last sold in September 2024 at AED 761 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 783). 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. B312's AED 64,200 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 1,351 sqft | 1,150,000 | 851 | ||
| 17 Apr 202617 April 2026 | 1,347 sqft | 1,250,000 | 927 | ||
| 25 Mar 202625 March 2026 | 1,347 sqft | 1,200,000 | 890 | ||
| 11 Mar 202611 March 2026 | 1,347 sqft | 1,210,000 | 898 |
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 64K /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 | |
| B302 | Studio | 433 sqft | AED 385KAED 385,000 · Feb 2024February 2024 | 47,000 /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 | |
| 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 |
B312, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 25 September 2024 for AED 1,030,000, or AED 761 per sqft.
- Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 71,143 to AED 50,000 in 2021 and recovered to AED 64,200 by May 2024.
- At AED 64,200 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 14,800 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 25 September 2024.
Questions about B312, Sherena Residence
What did unit B312 last sell for?
AED 1,030,000 on 25 September 2024, sold by the developer: AED 761 per sqft for 1,353 sqft. It is the only registered sale of the unit.
What is the rent for unit B312?
AED 64,200 a year on the contract renewed on 17 May 2024. The previous contract, from May 2023, was AED 57,750; the unit has been rented since December 2017.
How big is unit B312?
1,353 sqft (125.7 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.
What is unit B312 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.
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Mortgage on B312, Sherena Residence
Starts from the last sale price (AED 1.03M, 25 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →