3-bed · 1,730 sqftSherena Residence, Majan · 3rd floor · completed 2017

B313, Sherena Residence

Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B313 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 1.19M8 November 2023
Current rentAED 74K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B313, Sherena Residence

What is B313 worth today?

Last sold for AED 1,185,000 in 2023

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8 Nov 2023Sold by developerReady
AED 1,185,000AED 685 per sqft
15 Mar 2023RentedRenewal
AED 73,500/yr12 months · AED 42 per sqft
15 Mar 2022RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
21 Mar 2021RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
15 Mar 2020RentedRenewal
AED 80,000/yr12 months · AED 46 per sqft
15 Jan 2019RentedNew contract
AED 85,714/yr14 months · AED 50 per sqft
15 Nov 2017RentedNew contract
AED 85,714/yr14 months · AED 49 per sqft
1 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 8 November 2023.

Key facts

Type
3-bed apartment
Size
1,730 sqft
Floor
3rd of 10
Parking
B-80 , B-81
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 18,900 /yr
Last sold
AED 1.19M · November 2023

About B313, Sherena Residence

B313 is a three-bedroom apartment of 1,730 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 8 November 2023 for AED 1,185,000, or AED 685 per sqft, in line with the AED 680 three-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 15 March 2023, is AED 73,500 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for B313 over time

Rents
Unit B313, each contractTypical three-bed in Sherena Residence
100K150K2017202020232026Typical rent by year: 2017 AED 83,143; 2019 AED 89,159; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 75,000; 2023 AED 80,000; 2024 AED 110,000; 2025 AED 117,500New contract, October 2017: AED 150,000 a yearNew contract, November 2017: AED 85,714 a yearNew contract, January 2019: AED 85,714 a yearRenewal, March 2020: AED 80,000 a yearNew contract, March 2021: AED 70,000 a yearNew contract, March 2022: AED 70,000 a yearRenewal, March 2023: AED 73,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sherena Residence, and where B313 sits

All 10 3-beds →

B313 last sold in November 2023 at AED 685 per sqft, in line with what three-beds in Sherena Residence were fetching at the time (AED 680). Over the last 12 months three-beds sold for AED 1,650,000 to 1,700,000, around AED 956 per sqft, and rent for AED 120,000 to 120,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Jul 20261,700,000
26 Mar 20261,650,000
18 Dec 20231,200,000
7 Dec 20231,200,000
2 3-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

B313, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 8 November 2023 for AED 1,185,000, or AED 685 per sqft.
  • Rented since October 2017 on 7 Ejari contracts, from AED 150,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 18,900 a year (AED 10.95 per sqft).
  • Three-beds in Sherena Residence sold for AED 1,650,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 8 November 2023.

Questions about B313, Sherena Residence

What did unit B313 last sell for?

AED 1,185,000 on 8 November 2023, sold by the developer: AED 685 per sqft for 1,730 sqft. It is the only registered sale of the unit.

What is the rent for unit B313?

AED 73,500 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 70,000; the unit has been rented since October 2017.

How big is unit B313?

1,730 sqft (160.7 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.

What is unit B313 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sherena Residence sold for AED 1,650,000 to 1,700,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on B313, Sherena Residence

Starts from the last sale price (AED 1.19M, 8 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,000
Deposit, UAE resident (20%)
AED 237,000
Deposit, non-resident (40%)
AED 474,000
Monthly over 25 years at 3.7%
AED 4,848

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