Studio · 433 sqftSherena Residence, Majan · 6th floor · completed 2017

B611, Sherena Residence

Sold prices and rental history: sold once, by the developer in September 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 B611 · DLD and Ejari recordsUpdated 14 September 2023

Last soldAED 370K14 September 2023

Current rentAED 29K /yr5 October 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for B611, Sherena Residence

Today

What is B611 worth today?

Last sold for AED 370,000 in 2023

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14 Sep 2023

14 Sep 2023Sold by developerReady

AED 370,000AED 853 per sqft

5 Oct 2022

5 Oct 2022RentedRenewal

AED 28,600/yr12 months · AED 66 per sqft

5 Oct 2021

5 Oct 2021RentedRenewal

AED 26,000/yr12 months · AED 60 per sqft

5 Oct 2020

5 Oct 2020RentedRenewal

AED 30,000/yr12 months · AED 69 per sqft

5 Oct 2019

5 Oct 2019RentedNew contract

AED 30,000/yr12 months · AED 69 per sqft

2 Mar 2018

2 Mar 2018RentedNew contract

AED 34,286/yr14 months · AED 80 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type: Studio apartment
Size: 433 sqft
Floor: 6th of 10
Parking: B-167
Developer: Rose Homes Investment
Completed: 2017
Service charge: AED 4,700 /yr
Last sold: AED 370K · September 2023
Building: Sherena Residence

About B611, Sherena Residence

B611 is a studio of 433 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 14 September 2023 for AED 370,000, or AED 853 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, renewed on 5 October 2022, is AED 28,600 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 4,700 a year.

Sales and rents for B611 over time

Sales

Unit B611, each saleTypical studio in Sherena Residence

B611 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit B611, each contractTypical studio in Sherena Residence

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 B611 sits

All 64 studios →

Studios in Sherena Residence · last 12 months1,158 /sqft Sherena Residence · all types951 /sqft

B611 last sold in September 2023 at AED 853 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. B611's AED 28,600 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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 64K /yr
Typical yield: 7.6%

Sherena Residence, Majan: prices, sales and rents →

Other units on the 6th floor

All 297 units in Sherena Residence


A601	1-bed	908 sqft	AED 800KAED 800,000 · Jul 2024July 2024	50,000 /yr
A602	2-bed	1,347 sqft	AED 1.25MAED 1,250,000 · Apr 2026April 2026	62,920 /yr
A603	1-bed	881 sqft	AED 723KAED 723,388 · Jul 2017July 2017	64,000 /yr
A604	1-bed	865 sqft	AED 840KAED 840,000 · Feb 2025February 2025	46,200 /yr
A605	1-bed	869 sqft	AED 560KAED 560,000 · Sep 2022September 2022	40,000 /yr
A606	2-bed	1,348 sqft	AED 900KAED 900,000 · Jan 2024January 2024	87,000 /yr
A607	2-bed	1,276 sqft	AED 440KAED 440,000 · Dec 2019December 2019	70,817 /yr
A608	2-bed	1,143 sqft	AED 820KAED 820,000 · Jan 2018January 2018	90,000 /yr
A609	Studio	436 sqft	AED 360KAED 360,000 · Jul 2022July 2022	37,275 /yr
A610	Studio	438 sqft	AED 529KAED 529,000 · Feb 2026February 2026	28,600 /yr
B601	2-bed	1,353 sqft	AED 1.02MAED 1,020,000 · Sep 2024September 2024	55,000 /yr
B602	Studio	433 sqft	No registered sale	60,000 /yr
B603	Studio	474 sqft	AED 473KAED 473,000 · Jun 2024June 2024	44,000 /yr
B604	1-bed	904 sqft	AED 680KAED 680,000 · May 2023May 2023	43,000 /yr
B605	2-bed	1,308 sqft	AED 1.11MAED 1,107,547 · Jun 2024June 2024	85,000 /yr
B606	1-bed	869 sqft	AED 698KAED 697,525 · Nov 2023November 2023	65,000 /yr
B607	1-bed	869 sqft	No registered sale	65,000 /yr
B608	2-bed	1,308 sqft	AED 1.03MAED 1,030,000 · Aug 2024August 2024	95,000 /yr
B609	1-bed	904 sqft	AED 680KAED 680,000 · Feb 2024February 2024	44,000 /yr
B610	Studio	474 sqft	AED 460KAED 460,000 · Apr 2024April 2024	43,000 /yr
B612	2-bed	1,353 sqft	No registered sale	105,000 /yr
B613	3-bed	1,730 sqft	AED 1.19MAED 1,185,000 · Jul 2023July 2023	85,000 /yr
C601	1-bed	908 sqft	AED 600KAED 600,000 · Mar 2023March 2023	42,000 /yr
C602	2-bed	1,350 sqft	AED 1.2MAED 1,200,000 · Jan 2018January 2018	87,000 /yr
C603	1-bed	881 sqft	AED 617KAED 616,945 · Dec 2017December 2017	55,000 /yr
C604	1-bed	865 sqft	AED 800KAED 800,000 · Feb 2025February 2025	62,000 /yr
C605	1-bed	869 sqft	AED 608KAED 608,279 · Jan 2018January 2018	62,000 /yr
C606	2-bed	1,351 sqft	AED 1.15MAED 1,150,000 · Jun 2026June 2026	60,000 /yr
C607	2-bed	1,275 sqft	AED 1.2MAED 1,200,000 · Dec 2017December 2017	87,000 /yr
C608	2-bed	1,143 sqft	AED 1.13MAED 1,130,000 · Jul 2025July 2025	80,000 /yr
C609	Studio	436 sqft	AED 475KAED 475,000 · Dec 2017December 2017	40,000 /yr
C610	Studio	439 sqft	AED 475KAED 475,000 · Dec 2017December 2017

1–7 of 32

B611, Sherena Residence in numbers

Sold once: by Rose Homes Investment on 14 September 2023 for AED 370,000, or AED 853 per sqft.
Rented since March 2018 on 5 Ejari contracts, from AED 34,286 to AED 28,600 a year.
At AED 28,600 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 4,700 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 14 September 2023.

Questions about B611, Sherena Residence

What did unit B611 last sell for?

AED 370,000 on 14 September 2023, sold by the developer: AED 853 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit B611?

AED 28,600 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 26,000; the unit has been rented since March 2018.

How big is unit B611?

433 sqft (40.2 sqm): a studio on the 6th floor of a 10-storey tower completed in 2017.

What is unit B611 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 B611, Sherena Residence

Starts from the last sale price (AED 370K, 14 September 2023). Switch to today's estimate once you have unlocked it.

Price: AED 370,000
Deposit, UAE resident (20%): AED 74,000
Deposit, non-resident (40%): AED 148,000
Monthly over 25 years at 3.7%: AED 1,514

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