3-bed · 1,730 sqftSherena Residence, Majan · 8th floor · completed 2017

B813, 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 B813 · DLD and Ejari recordsUpdated 9 February 2024
Last soldAED 1.17M6 December 2023
Current rentAED 80K /yr9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B813, Sherena Residence

What is B813 worth today?

Last sold for AED 1,170,000 in 2023

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9 Feb 2024RentedNew contract
AED 79,990/yr6 months · AED 46 per sqft
6 Dec 2023Sold by developerReady
AED 1,170,000AED 676 per sqft
25 Oct 2023RentedRenewal
AED 80,073/yr11 months · AED 46 per sqft
25 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
18 Jul 2021RentedRenewal
AED 75,000/yr12 months · AED 43 per sqft
10 Jul 2020RentedNew contract
AED 78,316/yr12 months · AED 45 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 9 February 2024.

Key facts

Type
3-bed apartment
Size
1,730 sqft
Floor
8th of 10
Parking
G-48 , G-49
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 18,900 /yr
Last sold
AED 1.17M · December 2023

About B813, Sherena Residence

B813 is a three-bedroom apartment of 1,730 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 6 December 2023 for AED 1,170,000, or AED 676 per sqft, in line with the AED 676 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 9 February 2024, is AED 79,990 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for B813 over time

Rents
Unit B813, each contractTypical three-bed in Sherena Residence
80K100K120K2017202020232026Typical 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 2020: AED 78,316 a yearRenewal, July 2021: AED 75,000 a yearNew contract, October 2022: AED 80,000 a yearRenewal, October 2023: AED 80,073 a yearNew contract, February 2024: AED 79,990 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 B813 sits

All 10 3-beds →

B813 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 676). 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 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

B813, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 6 December 2023 for AED 1,170,000, or AED 676 per sqft.
  • Rented since December 2017 on 7 Ejari contracts, from AED 83,143 to AED 79,990 a year.
  • At AED 79,990 a year the gross yield on the 2023 price is 6.8%, 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 9 February 2024.

Questions about B813, Sherena Residence

What did unit B813 last sell for?

AED 1,170,000 on 6 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 B813?

AED 79,990 a year on the contract signed on 9 February 2024. The previous contract, from October 2023, was AED 80,073; the unit has been rented since December 2017.

How big is unit B813?

1,730 sqft (160.7 sqm): a three-bedroom apartment on the 8th floor of a 10-storey tower completed in 2017.

What is unit B813 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 B813, Sherena Residence

Starts from the last sale price (AED 1.17M, 6 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 →