B808, Sherena Residence
Sold prices and rental history: sold once, by the developer in August 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 B808, Sherena Residence
What is B808 worth today?
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Source: Dubai Land Department. Updated 13 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,308 sqft
- Floor
- 8th of 10
- Parking
- G-43
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 14,300 /yr
- Last sold
- AED 950K · August 2024
- Building
- Sherena Residence
About B808, Sherena Residence
B808 is a two-bedroom apartment of 1,308 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 13 August 2024 for AED 950,000, or AED 726 per sqft, 8% below the AED 787 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 7 June 2023, is AED 56,100 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for B808 over time
B808 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sherena Residence, and where B808 sits
All 98 2-beds →B808 last sold in August 2024 at AED 726 per sqft, 8% below what two-beds in Sherena Residence were fetching at the time (AED 787). Over the last 12 months two-beds sold for AED 1,150,000 to 1,300,000, around AED 890 per sqft, and rent for AED 40,000 to 105,000 a year. B808's AED 56,100 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 1,351 sqft | 1,150,000 | 851 | ||
| 17 Apr 202617 April 2026 | 1,347 sqft | 1,250,000 | 927 | ||
| 25 Mar 202625 March 2026 | 1,347 sqft | 1,200,000 | 890 | ||
| 11 Mar 202611 March 2026 | 1,347 sqft | 1,210,000 | 898 |
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 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 | |
| B803 | Studio | 474 sqft | AED 480KAED 480,000 · Oct 2024October 2024 | 32,100 /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 | |
| 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 |
B808, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 13 August 2024 for AED 950,000, or AED 726 per sqft.
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 68,571 to AED 50,000 in 2021 and recovered to AED 56,100 by June 2023.
- At AED 56,100 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 14,300 a year (AED 10.95 per sqft).
- Two-beds in Sherena Residence sold for AED 1,150,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.
Source: Dubai Land Department. Updated 13 August 2024.
Questions about B808, Sherena Residence
What did unit B808 last sell for?
AED 950,000 on 13 August 2024, sold by the developer: AED 726 per sqft for 1,308 sqft. It is the only registered sale of the unit.
What is the rent for unit B808?
AED 56,100 a year on the contract renewed on 7 June 2023. The previous contract, from June 2022, was AED 51,000; the unit has been rented since February 2018.
How big is unit B808?
1,308 sqft (121.5 sqm): a two-bedroom apartment on the 8th floor of a 10-storey tower completed in 2017.
What is unit B808 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherena Residence sold for AED 1,150,000 to 1,300,000 in the last 12 months, around AED 890 per sqft.
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Mortgage on B808, Sherena Residence
Starts from the last sale price (AED 950K, 13 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →