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Studio · 434 sqftSherena Residence, Majan · 7th floor · completed 2017

B702, Sherena Residence

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B702 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 530K29 January 2026
Current rentAED 38K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B702, Sherena Residence

What is B702 worth today?

Last sold for AED 530,000 in 2026

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1 May 2026RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
29 Jan 2026SoldReady
AED 530,000AED 1,222 per sqft
15 Apr 2024Sold by developerReady
AED 433,570AED 999 per sqft
15 Feb 2024RentedRenewal
AED 28,805/yr9 months · AED 66 per sqft
15 Feb 2023RentedRenewal
AED 27,500/yr12 months · AED 63 per sqft
15 Feb 2022RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
15 Jul 2019RentedNew contract
AED 30,000/yr12 months · AED 69 per sqft
1 Mar 2018RentedNew contract
AED 42,000/yr14 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
7th of 10
Parking
B-172
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,700 /yr
Last sold
AED 530K · January 2026
Building
Sherena Residence

About B702, Sherena Residence

B702 is a studio of 434 sqft on the 7th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 29 January 2026 for AED 530,000, or AED 1,222 per sqft, 5% above the AED 1,161 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 May 2026, is AED 38,000 a year: a gross yield of 7.2% on the 2026 price, before the service charge of about AED 4,700 a year.

Sales and rents for B702 over time

Sales
Unit B702, 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, April 2024: AED 433,570 (AED 999 per sqft)Sold, January 2026: AED 530,000 (AED 1,222 per sqft)

B702 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B702, 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, March 2018: AED 42,000 a yearNew contract, July 2019: AED 30,000 a yearNew contract, February 2022: AED 25,000 a yearRenewal, February 2023: AED 27,500 a yearRenewal, February 2024: AED 28,805 a yearNew contract, May 2026: AED 38,000 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 B702 sits

All 64 studios →

B702 last sold in January 2026 at AED 1,222 per sqft, 5% above what studios in Sherena Residence were fetching at the time (AED 1,161). 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. B702's AED 38,000 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 7th floor

All 297 units in Sherena Residence
Value
A7011-bedAED 865K · Apr 2025
A7022-bedAED 1.2M · Mar 2026
A7031-bedAED 800K · Sep 2024
A7041-bedAED 550K · Apr 2022
A7051-bedAED 550K · Sep 2022
A7062-bedAED 880K · Mar 2023
A7072-bedAED 950K · Mar 2019
1–7 of 32

B702, Sherena Residence in numbers

  • Sold twice: first on 15 April 2024 for AED 433,570, last on 29 January 2026 for AED 530,000 (AED 1,222 per sqft).
  • Rented since March 2018 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 25,000 in 2022 and recovered to AED 38,000 by May 2026.
  • At AED 38,000 a year the gross yield on the 2026 price is 7.2%, 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 1 May 2026.

Questions about B702, Sherena Residence

What did unit B702 last sell for?

AED 530,000 on 29 January 2026: AED 1,222 per sqft for 434 sqft. The unit has 2 registered sales; the first was AED 433,570 in April 2024.

What is the rent for unit B702?

AED 38,000 a year on the contract signed on 1 May 2026. The previous contract, from February 2024, was AED 28,805; the unit has been rented since March 2018.

How big is unit B702?

434 sqft (40.3 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.

What is unit B702 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 B702, Sherena Residence

Starts from the last sale price (AED 530K, 29 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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