1-bed · 869 sqftSherena Residence, Majan · 7th floor · completed 2017

B706, Sherena Residence

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

Unit B706 · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 780K2 October 2024
Current rentAED 68K /yr21 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B706, Sherena Residence

What is B706 worth today?

Last sold for AED 780,000 in 2024

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21 Oct 2026RentedRenewal
AED 68,000/yr12 months · AED 79 per sqft
21 Oct 2025RentedRenewal
AED 70,000/yr12 months · AED 81 per sqft
21 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft
2 Oct 2024Sold by developerReady
AED 780,000AED 897 per sqft
20 Sep 2022RentedNew contract
AED 44,000/yr12 months · AED 51 per sqft
1 Aug 2021RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
10 May 2019RentedNew contract
AED 46,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
7th of 10
Parking
G-14
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 780K · October 2024

About B706, Sherena Residence

B706 is a one-bedroom apartment of 869 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 2 October 2024 for AED 780,000, or AED 897 per sqft, 8% above the AED 828 one-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 21 October 2026, is AED 68,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 9,500 a year.

Sales and rents for B706 over time

Sales
Unit B706, each saleTypical one-bed in Sherena Residence
600K800K20152018202120242027Typical sale price by year: 2015 AED 724,780; 2016 AED 694,408; 2017 AED 703,088; 2018 AED 546,511; 2021 AED 597,500; 2022 AED 562,500; 2023 AED 680,000; 2024 AED 792,500; 2025 AED 810,000; 2026 AED 900,000Sold by developer, October 2024: AED 780,000 (AED 897 per sqft)

B706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B706, each contractTypical one-bed in Sherena Residence
40K60K2017202020232026Typical rent by year: 2017 AED 51,429; 2018 AED 50,882; 2019 AED 49,500; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 44,132; 2024 AED 51,213; 2025 AED 62,000; 2026 AED 64,000New contract, February 2018: AED 49,714 a yearNew contract, May 2019: AED 46,000 a yearNew contract, August 2020: AED 40,000 a yearRenewal, August 2021: AED 40,000 a yearNew contract, September 2022: AED 44,000 a yearNew contract, October 2024: AED 70,000 a yearRenewal, October 2025: AED 70,000 a yearRenewal, October 2026: AED 68,000 a year

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

1-beds in Sherena Residence, and where B706 sits

All 123 1-beds →

B706 last sold in October 2024 at AED 897 per sqft, 8% above what one-beds in Sherena Residence were fetching at the time (AED 828). Over the last 12 months one-beds sold for AED 860,000 to 1,000,000, around AED 951 per sqft, and rent for AED 26,000 to 80,000 a year. B706's AED 68,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 2026860,000
26 Feb 2026900,000
20 Feb 20261,000,000
10 Jul 2025760,000
3 1-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 64K /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

B706, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 2 October 2024 for AED 780,000, or AED 897 per sqft.
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 49,714 to AED 40,000 in 2021 and recovered to AED 68,000 by October 2026.
  • At AED 68,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 9,500 a year (AED 10.95 per sqft).
  • One-beds in Sherena Residence sold for AED 860,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 21 October 2026.

Questions about B706, Sherena Residence

What did unit B706 last sell for?

AED 780,000 on 2 October 2024, sold by the developer: AED 897 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit B706?

AED 68,000 a year on the contract renewed on 21 October 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since February 2018.

How big is unit B706?

869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit B706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherena Residence sold for AED 860,000 to 1,000,000 in the last 12 months, around AED 951 per sqft.

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Mortgage on B706, Sherena Residence

Starts from the last sale price (AED 780K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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