2-bed · 1,309 sqftSherena Residence, Majan · 4th floor · completed 2017

B405, Sherena Residence

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B405 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.03M9 July 2024
Current rentAED 82K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B405, Sherena Residence

What is B405 worth today?

Last sold for AED 1,030,000 in 2024

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27 Jul 2026RentedRenewal
AED 82,000/yr12 months · AED 63 per sqft
27 Jul 2025RentedRenewal
AED 82,000/yr12 months · AED 63 per sqft
27 Jul 2024RentedNew contract
AED 82,000/yr12 months · AED 63 per sqft
9 Jul 2024Sold by developerReady
AED 1,030,000AED 787 per sqft
31 May 2023RentedRenewal
AED 60,375/yr12 months · AED 46 per sqft
31 May 2022RentedRenewal
AED 57,500/yr12 months · AED 44 per sqft
31 May 2021RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
31 May 2020RentedRenewal
AED 63,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
4th of 10
Parking
B-95
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,300 /yr
Last sold
AED 1.03M · July 2024

About B405, Sherena Residence

B405 is a two-bedroom apartment of 1,309 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 July 2024 for AED 1,030,000, or AED 787 per sqft, in line with the AED 787 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 27 July 2026, is AED 82,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for B405 over time

Sales
Unit B405, each saleTypical two-bed in Sherena Residence
1M1.2M2016201920222025Typical sale price by year: 2016 AED 992,994; 2017 AED 980,382; 2018 AED 874,613; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000; 2026 AED 1,210,000Sold by developer, July 2024: AED 1,030,000 (AED 787 per sqft)

B405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B405, each contractTypical two-bed in Sherena Residence
60K80K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 70,286; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 51,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 66,000; 2025 AED 86,500; 2026 AED 85,000New contract, March 2018: AED 80,000 a yearNew contract, May 2019: AED 68,000 a yearRenewal, May 2020: AED 63,000 a yearRenewal, May 2021: AED 55,000 a yearRenewal, May 2022: AED 57,500 a yearRenewal, May 2023: AED 60,375 a yearNew contract, July 2024: AED 82,000 a yearRenewal, July 2025: AED 82,000 a yearRenewal, July 2026: AED 82,000 a year

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 B405 sits

All 98 2-beds →

B405 last sold in July 2024 at AED 787 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 787). 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. B405's AED 82,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,150,000
17 Apr 20261,250,000
25 Mar 20261,200,000
11 Mar 20261,210,000
7 2-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 4th floor

All 297 units in Sherena Residence
Value
A4011-bedAED 610K · Aug 2022
A4022-bedAED 1.21M · Mar 2026
A4031-bedAED 761K · Sep 2016
A4041-bedAED 650K · Apr 2018
A4051-bedAED 564K · Aug 2018
A4062-bedAED 1.2M · Mar 2026
A4072-bedAED 849K · Sep 2018
1–7 of 32

B405, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 9 July 2024 for AED 1,030,000, or AED 787 per sqft.
  • Rented since March 2018 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 82,000 by July 2026.
  • At AED 82,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 14,300 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 27 July 2026.

Questions about B405, Sherena Residence

What did unit B405 last sell for?

AED 1,030,000 on 9 July 2024, sold by the developer: AED 787 per sqft for 1,309 sqft. It is the only registered sale of the unit.

What is the rent for unit B405?

AED 82,000 a year on the contract renewed on 27 July 2026. The previous contract, from July 2025, was AED 82,000; the unit has been rented since March 2018.

How big is unit B405?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit B405 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 B405, Sherena Residence

Starts from the last sale price (AED 1.03M, 9 July 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 →