Studio · 474 sqftSherena Residence, Majan · 6th floor · completed 2017

B603, Sherena Residence

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

Unit B603 · DLD and Ejari recordsUpdated 6 November 2025
Last soldAED 473K4 June 2024
Current rentAED 44K /yr6 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B603, Sherena Residence

What is B603 worth today?

Last sold for AED 473,000 in 2024

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6 Nov 2025RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft
13 Sep 2025RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft
13 Sep 2024RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft
4 Jun 2024Sold by developerReady
AED 473,000AED 998 per sqft
18 Nov 2023RentedRenewal
AED 29,031/yr10 months · AED 61 per sqft
18 Nov 2022RentedRenewal
AED 26,400/yr12 months · AED 56 per sqft
18 Nov 2021RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
14 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 6 November 2025.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
6th of 10
Parking
B-136
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 5,200 /yr
Last sold
AED 473K · June 2024

About B603, Sherena Residence

B603 is a studio of 474 sqft on the 6th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 4 June 2024 for AED 473,000, or AED 998 per sqft, 16% above the AED 861 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 6 November 2025, is AED 44,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 5,200 a year.

Sales and rents for B603 over time

Sales
Unit B603, each saleTypical studio in Sherena Residence
400K2016201920222025Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,500Sold by developer, June 2024: AED 473,000 (AED 998 per sqft)

B603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B603, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 33,250; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,660; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 43,500New contract, January 2018: AED 34,050 a yearNew contract, March 2019: AED 36,829 a yearNew contract, November 2019: AED 30,000 a yearNew contract, November 2021: AED 24,000 a yearRenewal, November 2022: AED 26,400 a yearRenewal, November 2023: AED 29,031 a yearNew contract, September 2024: AED 44,000 a yearNew contract, September 2025: AED 44,000 a yearNew contract, November 2025: AED 44,000 a year

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 B603 sits

All 64 studios →

B603 last sold in June 2024 at AED 998 per sqft, 16% above what studios in Sherena Residence were fetching at the time (AED 861). 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. B603's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
29 Jul 2026475,000
22 Jul 2026580,000
6 Feb 2026529,000
7 studio 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 6th floor

All 297 units in Sherena Residence
Value
A6011-bedAED 800K · Jul 2024
A6022-bedAED 1.25M · Apr 2026
A6031-bedAED 723K · Jul 2017
A6041-bedAED 840K · Feb 2025
A6051-bedAED 560K · Sep 2022
A6062-bedAED 900K · Jan 2024
A6072-bedAED 440K · Dec 2019
1–7 of 32

B603, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 4 June 2024 for AED 473,000, or AED 998 per sqft.
  • Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 34,050 to AED 24,000 in 2021 and recovered to AED 44,000 by November 2025.
  • At AED 44,000 a year the gross yield on the 2024 price is 9.3%, 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 6 November 2025.

Questions about B603, Sherena Residence

What did unit B603 last sell for?

AED 473,000 on 4 June 2024, sold by the developer: AED 998 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit B603?

AED 44,000 a year on the contract signed on 6 November 2025. The previous contract, from September 2025, was AED 44,000; the unit has been rented since January 2018.

How big is unit B603?

474 sqft (44.0 sqm): a studio on the 6th floor of a 10-storey tower completed in 2017.

What is unit B603 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 B603, Sherena Residence

Starts from the last sale price (AED 473K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 473,000
Deposit, UAE resident (20%)
AED 94,600
Deposit, non-resident (40%)
AED 189,200
Monthly over 25 years at 3.7%
AED 1,935

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