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3-bed · 1,730 sqftSherena Residence, Majan · 4th floor · completed 2017

B413, Sherena Residence

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

Unit B413 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 1.17M23 May 2023
Current rentAED 85K /yr26 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B413, Sherena Residence

What is B413 worth today?

Last sold for AED 1,170,000 in 2023

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23 May 2023Sold by developerReady
AED 1,170,000AED 676 per sqft
26 Feb 2022RentedRenewal
AED 85,000/yr12 months · AED 49 per sqft
26 Feb 2021RentedRenewal
AED 80,000/yr12 months · AED 46 per sqft
26 Feb 2020RentedRenewal
AED 89,000/yr12 months · AED 51 per sqft
26 Feb 2019RentedNew contract
AED 89,000/yr12 months · AED 51 per sqft
2 Dec 2017RentedNew contract
AED 83,143/yr14 months · AED 48 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
3-bed apartment
Size
1,730 sqft
Floor
4th of 10
Parking
B-82 , B-84
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 18,900 /yr
Last sold
AED 1.17M · May 2023
Building
Sherena Residence

About B413, Sherena Residence

B413 is a three-bedroom apartment of 1,730 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 23 May 2023 for AED 1,170,000, or AED 676 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 26 February 2022, is AED 85,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for B413 over time

Rents
Unit B413, each contractTypical three-bed in Sherena Residence
80K100K120K2017202020232026Typical 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, December 2017: AED 83,143 a yearNew contract, February 2019: AED 89,000 a yearRenewal, February 2020: AED 89,000 a yearRenewal, February 2021: AED 80,000 a yearRenewal, February 2022: AED 85,000 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 B413 sits

All 10 3-beds →

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 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

B413, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 23 May 2023 for AED 1,170,000, or AED 676 per sqft.
  • Rented since December 2017 on 5 Ejari contracts, from AED 83,143 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.3%, 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 23 May 2023.

Questions about B413, Sherena Residence

What did unit B413 last sell for?

AED 1,170,000 on 23 May 2023, sold by the developer: AED 676 per sqft for 1,730 sqft. It is the only registered sale of the unit.

What is the rent for unit B413?

AED 85,000 a year on the contract renewed on 26 February 2022. The previous contract, from February 2021, was AED 80,000; the unit has been rented since December 2017.

How big is unit B413?

1,730 sqft (160.7 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit B413 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 B413, Sherena Residence

Starts from the last sale price (AED 1.17M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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