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Studio · 434 sqftSherena Residence, Majan · 8th floor · completed 2017

B811, Sherena Residence

Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B811 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 423K28 May 2024
Current rentAED 31K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B811, Sherena Residence

What is B811 worth today?

Last sold for AED 423,000 in 2024

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28 May 2024Sold by developerReady
AED 423,000AED 975 per sqft
15 Sep 2023RentedNew contract
AED 30,870/yr12 months · AED 71 per sqft
15 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
5 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
8th of 10
Parking
G-46
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,700 /yr
Last sold
AED 423K · May 2024
Building
Sherena Residence

About B811, Sherena Residence

B811 is a studio of 434 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 28 May 2024 for AED 423,000, or AED 975 per sqft, 14% above the AED 853 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 September 2023, is AED 30,870 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for B811 over time

Sales
Unit B811, each saleTypical studio in Sherena Residence
400K2016201920222025Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,500Sold by developer, May 2024: AED 423,000 (AED 975 per sqft)

B811 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B811, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 33,250; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,660; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 43,500New contract, October 2019: AED 30,000 a yearNew contract, September 2020: AED 28,000 a yearNew contract, September 2023: AED 30,870 a year

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 B811 sits

All 64 studios →

B811 last sold in May 2024 at AED 975 per sqft, 14% above what studios in Sherena Residence were fetching at the time (AED 853). 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. B811's AED 30,870 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
29 Jul 2026475,000
22 Jul 2026580,000
6 Feb 2026529,000
7 studio 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

B811, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 28 May 2024 for AED 423,000, or AED 975 per sqft.
  • Rented since October 2019 on 3 Ejari contracts, from AED 30,000 to AED 30,870 a year.
  • At AED 30,870 a year the gross yield on the 2024 price is 7.3%, 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 28 May 2024.

Questions about B811, Sherena Residence

What did unit B811 last sell for?

AED 423,000 on 28 May 2024, sold by the developer: AED 975 per sqft for 434 sqft. It is the only registered sale of the unit.

What is the rent for unit B811?

AED 30,870 a year on the contract signed on 15 September 2023. The previous contract, from September 2020, was AED 28,000; the unit has been rented since October 2019.

How big is unit B811?

434 sqft (40.3 sqm): a studio on the 8th floor of a 10-storey tower completed in 2017.

What is unit B811 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 B811, Sherena Residence

Starts from the last sale price (AED 423K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 423,000
Deposit, UAE resident (20%)
AED 84,600
Deposit, non-resident (40%)
AED 169,200
Monthly over 25 years at 3.7%
AED 1,731

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