B711, Sherena Residence
Sold prices and rental history: sold once, by the developer in September 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B711, Sherena Residence
What is B711 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 7th of 10
- Parking
- G-19
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 4,700 /yr
- Last sold
- AED 370K · September 2023
- Building
- Sherena Residence
About B711, Sherena Residence
B711 is a studio of 433 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 22 September 2023 for AED 370,000, or AED 853 per sqft, in line with the AED 846 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 40,000 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 4,700 a year.
Sales and rents for B711 over time
B711 has sold once; the dashed line is the studio median of each year in the building.
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 B711 sits
All 64 studios →B711 last sold in September 2023 at AED 853 per sqft, in line with what studios in Sherena Residence were fetching at the time (AED 846). 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. B711's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Sherena Residence
Building297 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%
Other units on the 7th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| B709 | 1-bed | 904 sqft | AED 670KAED 670,000 · Dec 2023December 2023 | 55,000 /yr | |
| B710 | Studio | 474 sqft | AED 403KAED 403,000 · Apr 2023April 2023 | 26,000 /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 |
B711, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 22 September 2023 for AED 370,000, or AED 853 per sqft.
- Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 40,111 to AED 25,000 in 2022 and recovered to AED 40,000 by October 2025.
- At AED 40,000 a year the gross yield on the 2023 price is 10.8%, 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 October 2025.
Questions about B711, Sherena Residence
What did unit B711 last sell for?
AED 370,000 on 22 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 B711?
AED 40,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 40,000; the unit has been rented since May 2019.
How big is unit B711?
433 sqft (40.2 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.
What is unit B711 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 B711, Sherena Residence
Starts from the last sale price (AED 370K, 22 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 →