2-bed · 1,308 sqftSherena Residence, Majan · 7th floor · completed 2017

B705, Sherena Residence

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

Unit B705 · DLD and Ejari recordsUpdated 6 December 2025
Last soldAED 1.05M23 April 2024
Current rentAED 93K /yr6 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B705, Sherena Residence

What is B705 worth today?

Last sold for AED 1,050,000 in 2024

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6 Dec 2025RentedRenewal
AED 93,000/yr12 months · AED 71 per sqft
6 Dec 2024RentedNew contract
AED 93,000/yr12 months · AED 71 per sqft
23 Apr 2024Sold by developerReady
AED 1,050,000AED 802 per sqft
20 Apr 2023RentedRenewal
AED 57,750/yr12 months · AED 44 per sqft
20 Apr 2022RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
20 Apr 2021RentedRenewal
AED 53,000/yr12 months · AED 41 per sqft
20 Apr 2020RentedRenewal
AED 62,000/yr12 months · AED 47 per sqft
20 Apr 2019RentedNew contract
AED 67,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 6 December 2025.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
7th of 10
Parking
G-13
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,300 /yr
Last sold
AED 1.05M · April 2024

About B705, Sherena Residence

B705 is a two-bedroom apartment of 1,308 sqft on the 7th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 23 April 2024 for AED 1,050,000, or AED 802 per sqft, 7% above the AED 748 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 6 December 2025, is AED 93,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for B705 over time

Sales
Unit B705, each saleTypical two-bed in Sherena Residence
1M1.2M2016201920222025Typical sale price by year: 2016 AED 992,994; 2017 AED 980,382; 2018 AED 874,613; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000; 2026 AED 1,210,000Sold by developer, April 2024: AED 1,050,000 (AED 802 per sqft)

B705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B705, each contractTypical two-bed in Sherena Residence
60K80K100K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 70,286; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 51,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 66,000; 2025 AED 86,500; 2026 AED 85,000New contract, February 2018: AED 68,571 a yearNew contract, April 2019: AED 67,000 a yearRenewal, April 2020: AED 62,000 a yearRenewal, April 2021: AED 53,000 a yearRenewal, April 2022: AED 55,000 a yearRenewal, April 2023: AED 57,750 a yearNew contract, December 2024: AED 93,000 a yearRenewal, December 2025: AED 93,000 a year

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

2-beds in Sherena Residence, and where B705 sits

All 98 2-beds →

B705 last sold in April 2024 at AED 802 per sqft, 7% above what two-beds in Sherena Residence were fetching at the time (AED 748). Over the last 12 months two-beds sold for AED 1,150,000 to 1,300,000, around AED 890 per sqft, and rent for AED 40,000 to 105,000 a year. B705's AED 93,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,150,000
17 Apr 20261,250,000
25 Mar 20261,200,000
11 Mar 20261,210,000
7 2-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 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

B705, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 23 April 2024 for AED 1,050,000, or AED 802 per sqft.
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 68,571 to AED 53,000 in 2021 and recovered to AED 93,000 by December 2025.
  • At AED 93,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 14,300 a year (AED 10.95 per sqft).
  • Two-beds in Sherena Residence sold for AED 1,150,000–1,300,000 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 December 2025.

Questions about B705, Sherena Residence

What did unit B705 last sell for?

AED 1,050,000 on 23 April 2024, sold by the developer: AED 802 per sqft for 1,308 sqft. It is the only registered sale of the unit.

What is the rent for unit B705?

AED 93,000 a year on the contract renewed on 6 December 2025. The previous contract, from December 2024, was AED 93,000; the unit has been rented since February 2018.

How big is unit B705?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit B705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherena Residence sold for AED 1,150,000 to 1,300,000 in the last 12 months, around AED 890 per sqft.

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Mortgage on B705, Sherena Residence

Starts from the last sale price (AED 1.05M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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