1-bed · 869 sqftSherena Residence, Majan · 4th floor · completed 2017

B407, Sherena Residence

Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit B407 · DLD and Ejari recordsUpdated 10 February 2024

Last soldAED 650K6 December 2023

Current rentAED 56K /yr10 February 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for B407, Sherena Residence

Today

What is B407 worth today?

Last sold for AED 650,000 in 2023

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10 Feb 2024

10 Feb 2024RentedNew contract

AED 56,000/yr12 months · AED 64 per sqft

6 Dec 2023

6 Dec 2023Sold by developerReady

AED 650,000AED 747 per sqft

12 Apr 2022

12 Apr 2022RentedNew contract

AED 40,000/yr12 months · AED 46 per sqft

15 Jul 2020

15 Jul 2020RentedNew contract

AED 43,000/yr12 months · AED 49 per sqft

30 Mar 2019

30 Mar 2019RentedNew contract

AED 53,000/yr12 months · AED 61 per sqft

30 Jan 2018

30 Jan 2018RentedNew contract

AED 49,486/yr14 months · AED 57 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type: 1-bed apartment
Size: 869 sqft
Floor: 4th of 10
Parking: B-97
Developer: Rose Homes Investment
Completed: 2017
Service charge: AED 9,500 /yr
Last sold: AED 650K · December 2023
Building: Sherena Residence

About B407, Sherena Residence

B407 is a one-bedroom apartment of 869 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 6 December 2023 for AED 650,000, or AED 747 per sqft, in line with the AED 752 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 February 2024, is AED 56,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for B407 over time

Sales

Unit B407, each saleTypical one-bed in Sherena Residence

B407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit B407, each contractTypical one-bed in Sherena Residence

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

1-beds in Sherena Residence, and where B407 sits

All 123 1-beds →

1-beds in Sherena Residence · last 12 months951 /sqft Sherena Residence · all types951 /sqft

B407 last sold in December 2023 at AED 747 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 752). Over the last 12 months one-beds sold for AED 860,000 to 1,000,000, around AED 951 per sqft, and rent for AED 26,000 to 80,000 a year. B407's AED 56,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
14 Aug 202614 August 2026	904 sqft	860,000	951
26 Feb 202626 February 2026	870 sqft	900,000	1,035
20 Feb 202620 February 2026	1,391 sqft	1,000,000	718
10 Jul 202510 July 2025	865 sqft	760,000	878

3 1-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


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
B403	Studio	474 sqft	AED 400KAED 400,000 · Nov 2023November 2023	28,000 /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
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

1–7 of 32

B407, Sherena Residence in numbers

Sold once: by Rose Homes Investment on 6 December 2023 for AED 650,000, or AED 747 per sqft.
Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 49,486 to AED 40,000 in 2022 and recovered to AED 56,000 by February 2024.
At AED 56,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 9,500 a year (AED 10.95 per sqft).
One-beds in Sherena Residence sold for AED 860,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 10 February 2024.

Questions about B407, Sherena Residence

What did unit B407 last sell for?

AED 650,000 on 6 December 2023, sold by the developer: AED 747 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit B407?

AED 56,000 a year on the contract signed on 10 February 2024. The previous contract, from April 2022, was AED 40,000; the unit has been rented since January 2018.

How big is unit B407?

869 sqft (80.7 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit B407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherena Residence sold for AED 860,000 to 1,000,000 in the last 12 months, around AED 951 per sqft.

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Mortgage on B407, Sherena Residence

Starts from the last sale price (AED 650K, 6 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 650,000
Deposit, UAE resident (20%): AED 130,000
Deposit, non-resident (40%): AED 260,000
Monthly over 25 years at 3.7%: AED 2,659

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