B403, Sherena Residence
Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B403, Sherena Residence
What is B403 worth today?
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Source: Dubai Land Department. Updated 9 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 4th of 10
- Parking
- B-93
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 5,200 /yr
- Last sold
- AED 400K · November 2023
- Building
- Sherena Residence
About B403, Sherena Residence
B403 is a studio of 474 sqft on the 4th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 9 November 2023 for AED 400,000, or AED 844 per sqft, in line with the AED 844 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 23 September 2022, is AED 28,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 5,200 a year.
Sales and rents for B403 over time
B403 has sold once; the dashed line is the studio median of each year in the building.
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 B403 sits
All 64 studios →B403 last sold in November 2023 at AED 844 per sqft, in line with what studios in Sherena Residence were fetching at the time (AED 844). 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. B403's AED 28,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 537 sqft | 545,000 | 1,014 | ||
| 29 Jul 202629 July 2026 | 436 sqft | 475,000 | 1,088 | ||
| 22 Jul 202622 July 2026 | 438 sqft | 580,000 | 1,322 | ||
| 6 Feb 20266 February 2026 | 438 sqft | 529,000 | 1,206 |
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 63K /yr
- Typical yield
- 7.6%
Other units on the 4th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A401 | 1-bed | 908 sqft | AED 610KAED 610,000 · Aug 2022August 2022 | ||
| A402 | 2-bed | 1,347 sqft | AED 1.21MAED 1,210,000 · Mar 2026March 2026 | 90,000 /yr | |
| A403 | 1-bed | 881 sqft | AED 761KAED 761,021 · Sep 2016September 2016 | 60,000 /yr | |
| A404 | 1-bed | 865 sqft | AED 650KAED 650,000 · Apr 2018April 2018 | 60,000 /yr | |
| A405 | 1-bed | 869 sqft | AED 564KAED 564,206 · Aug 2018August 2018 | 70,000 /yr | |
| A406 | 2-bed | 1,348 sqft | AED 1.2MAED 1,200,000 · Mar 2026March 2026 | 63,454 /yr | |
| A407 | 2-bed | 1,275 sqft | AED 849KAED 849,225 · Sep 2018September 2018 | 85,000 /yr | |
| A408 | 2-bed | 1,143 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 60,900 /yr | |
| A409 | Studio | 436 sqft | AED 370KAED 370,000 · Jul 2023July 2023 | 44,000 /yr | |
| A410 | Studio | 438 sqft | AED 433KAED 433,000 · May 2024May 2024 | 45,000 /yr | |
| B401 | 2-bed | 1,349 sqft | AED 1.04MAED 1,035,000 · Oct 2024October 2024 | 62,059 /yr | |
| B402 | Studio | 434 sqft | No registered sale | 50,000 /yr | |
| B404 | 1-bed | 904 sqft | AED 680KAED 680,000 · Aug 2023August 2023 | 60,000 /yr | |
| B405 | 2-bed | 1,309 sqft | AED 1.03MAED 1,030,000 · Jul 2024July 2024 | 82,000 /yr | |
| B406 | 1-bed | 869 sqft | No registered sale | 60,000 /yr | |
| B407 | 1-bed | 869 sqft | AED 650KAED 650,000 · Dec 2023December 2023 | 56,000 /yr | |
| B408 | 2-bed | 1,309 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 60,625 /yr | |
| B409 | 1-bed | 904 sqft | AED 860KAED 860,000 · Aug 2026August 2026 | 44,178 /yr | |
| B410 | Studio | 474 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | 44,000 /yr | |
| B411 | Studio | 433 sqft | No registered sale | 50,000 /yr | |
| B412 | 2-bed | 1,349 sqft | AED 1.05MAED 1,050,000 · Jun 2024June 2024 | 57,200 /yr | |
| B413 | 3-bed | 1,730 sqft | AED 1.17MAED 1,170,000 · May 2023May 2023 | 85,000 /yr | |
| C401 | 1-bed | 908 sqft | AED 708KAED 708,045 · Nov 2017November 2017 | 44,000 /yr | |
| C402 | 2-bed | 1,349 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 93,000 /yr | |
| C403 | 1-bed | 881 sqft | AED 717KAED 716,777 · Jan 2017January 2017 | 65,000 /yr | |
| C404 | 1-bed | 865 sqft | AED 703KAED 703,088 · Jan 2017January 2017 | 54,000 /yr | |
| C405 | 1-bed | 869 sqft | AED 703KAED 703,088 · Jan 2017January 2017 | 65,000 /yr | |
| C406 | 2-bed | 1,351 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 66,701 /yr | |
| C407 | 2-bed | 1,276 sqft | AED 995KAED 994,882 · Dec 2017December 2017 | 58,300 /yr | |
| C408 | 2-bed | 1,143 sqft | AED 892KAED 891,712 · Nov 2017November 2017 | 90,000 /yr | |
| C409 | Studio | 436 sqft | AED 340KAED 340,213 · Nov 2017November 2017 | 30,000 /yr | |
| C410 | Studio | 439 sqft | AED 342KAED 342,100 · Dec 2017December 2017 | 40,000 /yr |
B403, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 9 November 2023 for AED 400,000, or AED 844 per sqft.
- Rented since January 2018 on 5 Ejari contracts, from AED 34,050 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 5,200 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 9 November 2023.
Questions about B403, Sherena Residence
What did unit B403 last sell for?
AED 400,000 on 9 November 2023, sold by the developer: AED 844 per sqft for 474 sqft. It is the only registered sale of the unit.
What is the rent for unit B403?
AED 28,000 a year on the contract signed on 23 September 2022. The previous contract, from August 2021, was AED 28,000; the unit has been rented since January 2018.
How big is unit B403?
474 sqft (44.0 sqm): a studio on the 4th floor of a 10-storey tower completed in 2017.
What is unit B403 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 B403, Sherena Residence
Starts from the last sale price (AED 400K, 9 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →