B803, 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.
Property timeline for B803, Sherena Residence
What is B803 worth today?
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Source: Dubai Land Department. Updated 8 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 8th of 10
- Parking
- G-25
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 5,200 /yr
- Last sold
- AED 480K · October 2024
- Building
- Sherena Residence
About B803, Sherena Residence
B803 is a studio of 474 sqft on the 8th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 8 October 2024 for AED 480,000, or AED 1,012 per sqft, 8% above the AED 940 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 September 2023, is AED 32,100 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 5,200 a year.
Sales and rents for B803 over time
B803 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 B803 sits
All 64 studios →B803 last sold in October 2024 at AED 1,012 per sqft, 8% above what studios in Sherena Residence were fetching at the time (AED 940). 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. B803's AED 32,100 is at the bottom 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 63K /yr
- Typical yield
- 7.6%
Other units on the 8th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A801 | 1-bed | 907 sqft | AED 820KAED 820,000 · Nov 2024November 2024 | 57,341 /yr | |
| A802 | 3-bed | 2,253 sqft | AED 1.6MAED 1,596,000 · Oct 2017October 2017 | 120,000 /yr | |
| A804 | 4-bed | 5,311 sqft | No registered sale | 150,000 /yr | |
| A806 | 1-bed | 861 sqft | AED 615KAED 614,600 · Nov 2017November 2017 | 65,000 /yr | |
| B801 | 2-bed | 1,349 sqft | AED 1.03MAED 1,030,000 · Nov 2024November 2024 | 57,750 /yr | |
| B802 | Studio | 433 sqft | AED 480KAED 480,000 · Apr 2024April 2024 | 50,000 /yr | |
| B804 | 1-bed | 904 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 44,100 /yr | |
| B805 | 2-bed | 1,308 sqft | AED 1.05MAED 1,050,000 · Jun 2024June 2024 | 56,667 /yr | |
| B806 | 1-bed | 869 sqft | No registered sale | 70,000 /yr | |
| B807 | 1-bed | 869 sqft | No registered sale | 65,000 /yr | |
| B808 | 2-bed | 1,308 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 56,100 /yr | |
| B809 | 1-bed | 904 sqft | AED 680KAED 680,000 · Mar 2024March 2024 | 45,000 /yr | |
| B810 | Studio | 474 sqft | AED 350KAED 350,000 · Feb 2024February 2024 | 45,000 /yr | |
| B811 | Studio | 434 sqft | AED 423KAED 423,000 · May 2024May 2024 | 30,870 /yr | |
| B812 | 2-bed | 1,349 sqft | AED 700KAED 700,000 · Dec 2024December 2024 | 85,000 /yr | |
| B813 | 3-bed | 1,730 sqft | AED 1.17MAED 1,170,000 · Dec 2023December 2023 | 79,990 /yr | |
| C801 | 1-bed | 907 sqft | AED 725KAED 725,000 · Dec 2023December 2023 | ||
| C802 | 2-bed | 1,348 sqft | AED 575KAED 575,000 · Nov 2017November 2017 | 77,000 /yr | |
| C803 | 1-bed | 881 sqft | AED 720KAED 720,000 · May 2017May 2017 | ||
| C804 | 4-bed | 5,291 sqft | No registered sale | 80,000 /yr | |
| C806 | 1-bed | 863 sqft | AED 361KAED 360,500 · Jan 2018January 2018 |
B803, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 8 October 2024 for AED 480,000, or AED 1,012 per sqft.
- Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 29,920 to AED 25,000 in 2021 and recovered to AED 32,100 by September 2023.
- At AED 32,100 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 5,200 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 8 October 2024.
Questions about B803, Sherena Residence
What did unit B803 last sell for?
AED 480,000 on 8 October 2024, sold by the developer: AED 1,012 per sqft for 474 sqft. It is the only registered sale of the unit.
What is the rent for unit B803?
AED 32,100 a year on the contract signed on 1 September 2023. The previous contract, from September 2021, was AED 25,000; the unit has been rented since January 2018.
How big is unit B803?
474 sqft (44.0 sqm): a studio on the 8th floor of a 10-storey tower completed in 2017.
What is unit B803 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 B803, Sherena Residence
Starts from the last sale price (AED 480K, 8 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →