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3-bed · 1,730 sqftSherena Residence, Majan · 7th floor · completed 2017

B713, 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.

Unit B713 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 1.17M5 December 2023
Current rentAED 79K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B713, Sherena Residence

What is B713 worth today?

Last sold for AED 1,170,000 in 2023

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5 Dec 2023Sold by developerReady
AED 1,170,000AED 676 per sqft
15 Jun 2023RentedRenewal
AED 78,750/yr12 months · AED 46 per sqft
15 Jun 2022RentedNew contract
AED 75,000/yr12 months · AED 43 per sqft
1 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
15 Jul 2020RentedRenewal
AED 80,000/yr12 months · AED 46 per sqft
15 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
1 Feb 2019RentedNew contract
AED 89,317/yr13 months · AED 52 per sqft
1 Dec 2017RentedNew contract
AED 83,143/yr14 months · AED 48 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
3-bed apartment
Size
1,730 sqft
Floor
7th of 10
Parking
G-21 , G-22
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 18,900 /yr
Last sold
AED 1.17M · December 2023
Building
Sherena Residence

About B713, Sherena Residence

B713 is a three-bedroom apartment of 1,730 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 5 December 2023 for AED 1,170,000, or AED 676 per sqft, in line with the AED 680 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 78,750 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for B713 over time

Rents
Unit B713, each contractTypical three-bed in Sherena Residence
75K100K125K2017202020232026Typical rent by year: 2017 AED 83,143; 2019 AED 89,159; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 75,000; 2023 AED 80,000; 2024 AED 110,000; 2025 AED 117,500New contract, December 2017: AED 83,143 a yearNew contract, February 2019: AED 89,317 a yearNew contract, July 2019: AED 80,000 a yearRenewal, July 2020: AED 80,000 a yearNew contract, August 2021: AED 70,000 a yearNew contract, June 2022: AED 75,000 a yearRenewal, June 2023: AED 78,750 a year

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

3-beds in Sherena Residence, and where B713 sits

All 10 3-beds →

B713 last sold in December 2023 at AED 676 per sqft, in line with what three-beds in Sherena Residence were fetching at the time (AED 680). Over the last 12 months three-beds sold for AED 1,650,000 to 1,700,000, around AED 956 per sqft, and rent for AED 120,000 to 120,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Jul 20261,700,000
26 Mar 20261,650,000
18 Dec 20231,200,000
7 Dec 20231,200,000
2 3-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

B713, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 5 December 2023 for AED 1,170,000, or AED 676 per sqft.
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 83,143 to AED 70,000 in 2021 and recovered to AED 78,750 by June 2023.
  • At AED 78,750 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 18,900 a year (AED 10.95 per sqft).
  • Three-beds in Sherena Residence sold for AED 1,650,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 5 December 2023.

Questions about B713, Sherena Residence

What did unit B713 last sell for?

AED 1,170,000 on 5 December 2023, sold by the developer: AED 676 per sqft for 1,730 sqft. It is the only registered sale of the unit.

What is the rent for unit B713?

AED 78,750 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 75,000; the unit has been rented since December 2017.

How big is unit B713?

1,730 sqft (160.7 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.

What is unit B713 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sherena Residence sold for AED 1,650,000 to 1,700,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on B713, Sherena Residence

Starts from the last sale price (AED 1.17M, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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