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1-bed · 904 sqftSherena Residence, Majan · 9th floor · completed 2017

B904, Sherena Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B904 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 680K25 May 2023
Current rentAED 40K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B904, Sherena Residence

What is B904 worth today?

Last sold for AED 680,000 in 2023

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25 May 2023Sold by developerReady
AED 680,000AED 752 per sqft
1 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
5 Dec 2017RentedNew contract
AED 52,286/yr14 months · AED 58 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
9th of 10
Parking
G-53
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 680K · May 2023
Building
Sherena Residence

About B904, Sherena Residence

B904 is a one-bedroom apartment of 904 sqft on the 9th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 25 May 2023 for AED 680,000, or AED 752 per sqft, 12% above the AED 672 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 40,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for B904 over time

Sales
Unit B904, 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, May 2023: AED 680,000 (AED 752 per sqft)

B904 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B904, 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, December 2017: AED 52,286 a yearRenewal, August 2022: AED 40,000 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 B904 sits

All 123 1-beds →

B904 last sold in May 2023 at AED 752 per sqft, 12% above what one-beds in Sherena Residence were fetching at the time (AED 672). 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. B904's AED 40,000 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 9th floor

All 297 units in Sherena Residence
Value
A9011-bedAED 590K · Feb 2023
A9022-bedAED 1.02M · Feb 2024
A9031-bedAED 725K · Jul 2015
A9041-bedAED 725K · Jul 2015
A9051-bedAED 725K · Jul 2015
A9061-bedAED 650K · Dec 2024
A9071-bedAED 615K · Jan 2017
1–7 of 26

B904, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 25 May 2023 for AED 680,000, or AED 752 per sqft.
  • Rented since December 2017 on 2 Ejari contracts, from AED 52,286 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 5.9%, 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 25 May 2023.

Questions about B904, Sherena Residence

What did unit B904 last sell for?

AED 680,000 on 25 May 2023, sold by the developer: AED 752 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B904?

AED 40,000 a year on the contract renewed on 1 August 2022. The previous contract, from December 2017, was AED 52,286.

How big is unit B904?

904 sqft (84.0 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2017.

What is unit B904 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 B904, Sherena Residence

Starts from the last sale price (AED 680K, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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