1-bed · 904 sqftSherena Residence, Majan · 8th floor · completed 2017

B804, Sherena Residence

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B804 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 800K1 October 2024
Current rentAED 44K /yr6 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B804, Sherena Residence

What is B804 worth today?

Last sold for AED 800,000 in 2024

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1 Oct 2024Sold by developerReady
AED 800,000AED 885 per sqft
6 Dec 2023RentedRenewal
AED 44,100/yr12 months · AED 49 per sqft
6 Dec 2022RentedRenewal
AED 42,000/yr12 months · AED 46 per sqft
6 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
4 Apr 2020RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
4 Feb 2019RentedNew contract
AED 58,156/yr14 months · AED 64 per sqft
20 Nov 2017RentedNew contract
AED 51,429/yr14 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
8th of 10
Parking
G-26
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 800K · October 2024

About B804, Sherena Residence

B804 is a one-bedroom apartment of 904 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 1 October 2024 for AED 800,000, or AED 885 per sqft, 10% above the AED 802 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 6 December 2023, is AED 44,100 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for B804 over time

Sales
Unit B804, 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 800,000 (AED 885 per sqft)

B804 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B804, 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, November 2017: AED 51,429 a yearNew contract, February 2019: AED 58,156 a yearRenewal, April 2020: AED 45,000 a yearNew contract, December 2021: AED 40,000 a yearRenewal, December 2022: AED 42,000 a yearRenewal, December 2023: AED 44,100 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 B804 sits

All 123 1-beds →

B804 last sold in October 2024 at AED 885 per sqft, 10% above what one-beds in Sherena Residence were fetching at the time (AED 802). 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. B804's AED 44,100 is in the lower 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 63K /yr
Typical yield
7.6%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 8th floor

All 297 units in Sherena Residence
Value
A8011-bedAED 820K · Nov 2024
A8023-bedAED 1.6M · Oct 2017
A8044-bedNo registered sale
A8061-bedAED 615K · Nov 2017
B8012-bedAED 1.03M · Nov 2024
B802StudioAED 480K · Apr 2024
B803StudioAED 480K · Oct 2024
1–7 of 21

B804, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 1 October 2024 for AED 800,000, or AED 885 per sqft.
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 51,429 to AED 40,000 in 2021 and recovered to AED 44,100 by December 2023.
  • At AED 44,100 a year the gross yield on the 2024 price is 5.5%, 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 October 2024.

Questions about B804, Sherena Residence

What did unit B804 last sell for?

AED 800,000 on 1 October 2024, sold by the developer: AED 885 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B804?

AED 44,100 a year on the contract renewed on 6 December 2023. The previous contract, from December 2022, was AED 42,000; the unit has been rented since November 2017.

How big is unit B804?

904 sqft (84.0 sqm): a one-bedroom apartment on the 8th floor of a 10-storey tower completed in 2017.

What is unit B804 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 B804, Sherena Residence

Starts from the last sale price (AED 800K, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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