1-bed · 904 sqftSherena Residence, Majan · 7th floor · completed 2017

B709, Sherena Residence

Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit B709 · DLD and Ejari recordsUpdated 1 February 2024

Last soldAED 670K20 December 2023

Current rentAED 55K /yr1 February 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for B709, Sherena Residence

Today

What is B709 worth today?

Last sold for AED 670,000 in 2023

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1 Feb 2024

1 Feb 2024RentedNew contract

AED 55,000/yr12 months · AED 61 per sqft

20 Dec 2023

20 Dec 2023Sold by developerReady

AED 670,000AED 741 per sqft

10 Jul 2021

10 Jul 2021RentedNew contract

AED 43,000/yr12 months · AED 48 per sqft

28 May 2020

28 May 2020RentedNew contract

AED 45,000/yr12 months · AED 50 per sqft

25 Nov 2017

25 Nov 2017RentedNew contract

AED 51,429/yr14 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type: 1-bed apartment
Size: 904 sqft
Floor: 7th of 10
Parking: G-17
Developer: Rose Homes Investment
Completed: 2017
Service charge: AED 9,900 /yr
Last sold: AED 670K · December 2023
Building: Sherena Residence

About B709, Sherena Residence

B709 is a one-bedroom apartment of 904 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 20 December 2023 for AED 670,000, or AED 741 per sqft, in line with the AED 752 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 February 2024, is AED 55,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for B709 over time

Sales

Unit B709, each saleTypical one-bed in Sherena Residence

B709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit B709, each contractTypical one-bed in Sherena Residence

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 B709 sits

All 123 1-beds →

1-beds in Sherena Residence · last 12 months951 /sqft Sherena Residence · all types951 /sqft

B709 last sold in December 2023 at AED 741 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 752). 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. B709's AED 55,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
14 Aug 202614 August 2026	904 sqft	860,000	951
26 Feb 202626 February 2026	870 sqft	900,000	1,035
20 Feb 202620 February 2026	1,391 sqft	1,000,000	718
10 Jul 202510 July 2025	865 sqft	760,000	878

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 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


A701	1-bed	908 sqft	AED 865KAED 865,000 · Apr 2025April 2025	54,797 /yr
A702	2-bed	1,347 sqft	AED 1.2MAED 1,200,000 · Mar 2026March 2026	65,000 /yr
A703	1-bed	881 sqft	AED 800KAED 800,000 · Sep 2024September 2024	45,150 /yr
A704	1-bed	865 sqft	AED 550KAED 550,000 · Apr 2022April 2022	42,000 /yr
A705	1-bed	869 sqft	AED 550KAED 550,000 · Sep 2022September 2022	51,429 /yr
A706	2-bed	1,348 sqft	AED 880KAED 880,000 · Mar 2023March 2023	52,000 /yr
A707	2-bed	1,275 sqft	AED 950KAED 950,000 · Mar 2019March 2019	70,286 /yr
A708	2-bed	1,143 sqft	AED 910KAED 910,000 · Jan 2024January 2024	64,000 /yr
A709	Studio	436 sqft	AED 475KAED 475,000 · Jul 2026July 2026	36,000 /yr
A710	Studio	437 sqft	AED 360KAED 360,000 · Aug 2020August 2020	20,000 /yr
B701	2-bed	1,349 sqft	AED 1.02MAED 1,020,000 · Nov 2024November 2024	64,508 /yr
B702	Studio	434 sqft	AED 530KAED 530,000 · Jan 2026January 2026	38,000 /yr
B703	Studio	474 sqft	AED 400KAED 400,000 · Dec 2023December 2023	28,000 /yr
B704	1-bed	904 sqft	AED 680KAED 680,000 · Jun 2023June 2023	44,000 /yr
B705	2-bed	1,308 sqft	AED 1.05MAED 1,050,000 · Apr 2024April 2024	93,000 /yr
B706	1-bed	869 sqft	AED 780KAED 780,000 · Oct 2024October 2024	68,000 /yr
B707	1-bed	869 sqft	No registered sale	67,000 /yr
B708	2-bed	1,308 sqft	AED 940KAED 940,000 · Oct 2023October 2023	59,850 /yr
B710	Studio	474 sqft	AED 403KAED 403,000 · Apr 2023April 2023	26,000 /yr
B711	Studio	433 sqft	AED 370KAED 370,000 · Sep 2023September 2023	40,000 /yr
B712	2-bed	1,349 sqft	AED 1.05MAED 1,050,000 · Aug 2024August 2024	60,638 /yr
B713	3-bed	1,730 sqft	AED 1.17MAED 1,170,000 · Dec 2023December 2023	78,750 /yr
C701	1-bed	908 sqft	AED 775KAED 775,000 · Nov 2017November 2017	48,294 /yr
C702	2-bed	1,349 sqft	AED 1.02MAED 1,020,000 · Jan 2025January 2025	57,750 /yr
C703	1-bed	881 sqft	AED 717KAED 716,777 · Jan 2017January 2017	68,000 /yr
C704	1-bed	865 sqft	AED 703KAED 703,088 · Jan 2017January 2017	56,000 /yr
C705	1-bed	869 sqft	AED 720KAED 720,000 · Mar 2024March 2024	44,000 /yr
C706	2-bed	1,351 sqft	AED 1MAED 1,000,000 · Feb 2018February 2018
C707	2-bed	1,276 sqft	AED 1.1MAED 1,100,000 · Oct 2025October 2025	68,016 /yr
C708	2-bed	1,143 sqft	AED 850KAED 850,000 · May 2023May 2023	55,000 /yr
C709	Studio	436 sqft	AED 420KAED 420,000 · Sep 2018September 2018	38,571 /yr
C710	Studio	437 sqft	AED 380KAED 380,000 · Oct 2023October 2023	30,000 /yr

1–7 of 32

B709, Sherena Residence in numbers

Sold once: by Rose Homes Investment on 20 December 2023 for AED 670,000, or AED 741 per sqft.
Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 51,429 to AED 43,000 in 2021 and recovered to AED 55,000 by February 2024.
At AED 55,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 9,900 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 1 February 2024.

Questions about B709, Sherena Residence

What did unit B709 last sell for?

AED 670,000 on 20 December 2023, sold by the developer: AED 741 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B709?

AED 55,000 a year on the contract signed on 1 February 2024. The previous contract, from July 2021, was AED 43,000; the unit has been rented since November 2017.

How big is unit B709?

904 sqft (84.0 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit B709 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 B709, Sherena Residence

Starts from the last sale price (AED 670K, 20 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 670,000
Deposit, UAE resident (20%): AED 134,000
Deposit, non-resident (40%): AED 268,000
Monthly over 25 years at 3.7%: AED 2,741

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