2-bed · 1,353 sqftSherena Residence, Majan · 10th floor · completed 2017

B1001, Sherena Residence

Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1001 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.02M11 December 2024
Current rentAED 20K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1001, Sherena Residence

What is B1001 worth today?

Last sold for AED 1,020,000 in 2024

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1 Sep 2025RentedNew contract
AED 20,000/yr12 months · AED 15 per sqft
11 Dec 2024Sold by developerReady
AED 1,020,000AED 753 per sqft
11 Aug 2023RentedRenewal
AED 60,375/yr12 months · AED 45 per sqft
11 Aug 2021RentedRenewal
AED 55,000/yr12 months · AED 41 per sqft
11 Aug 2020RentedRenewal
AED 60,000/yr12 months · AED 44 per sqft
11 Aug 2019RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
1 May 2018RentedNew contract
AED 78,000/yr14 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,353 sqft
Floor
10th of 10
Parking
G-85
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1.02M · December 2024

About B1001, Sherena Residence

B1001 is a two-bedroom apartment of 1,353 sqft on the 10th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 11 December 2024 for AED 1,020,000, or AED 753 per sqft, 3% below the AED 778 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 September 2025, is AED 20,000 a year: a gross yield of 2.0% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for B1001 over time

Sales
Unit B1001, each saleTypical two-bed in Sherena Residence
900K1M2016201920222025Typical sale price by year: 2016 AED 985,611; 2017 AED 980,382; 2018 AED 849,225; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000Sold by developer, December 2024: AED 1,020,000 (AED 753 per sqft)

B1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B1001, each contractTypical two-bed in Sherena Residence
50K100K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 68,571; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 50,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 67,224; 2025 AED 86,500; 2026 AED 90,000New contract, May 2018: AED 78,000 a yearNew contract, August 2019: AED 65,000 a yearRenewal, August 2020: AED 60,000 a yearRenewal, August 2021: AED 55,000 a yearRenewal, August 2023: AED 60,375 a yearNew contract, September 2025: AED 20,000 a year

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 B1001 sits

All 96 2-beds →

B1001 last sold in December 2024 at AED 753 per sqft, 3% below what two-beds in Sherena Residence were fetching at the time (AED 778). Over the last 12 months two-beds sold for AED 1,270,000, around AED 938 per sqft, and rent for AED 67,489 to 101,000 a year. B1001's AED 20,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20261,270,000
24 Jul 20251,130,000
11 Jun 20251,150,000
1 May 20251,175,000
1 2-bed sale 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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,158
Typical sale
AED 530K
Typical rent
AED 66K /yr
Typical yield
6.1%
Sherena Residence, Majan: prices, sales and rents →

Other units on the 10th floor

All 297 units in Sherena Residence
Value
A10011-bedAED 625K · Mar 2021
A10022-bedAED 1.03M · Mar 2024
A10031-bedAED 725K · Jul 2015
A10041-bedAED 680K · Oct 2023
A10051-bedAED 680K · Oct 2017
A10061-bedAED 775K · Nov 2022
B1002StudioNo registered sale
1–7 of 24

B1001, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 11 December 2024 for AED 1,020,000, or AED 753 per sqft.
  • Rented since May 2018 on 6 Ejari contracts, from AED 78,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2024 price is 2.0%, before a service charge of about AED 14,800 a year (AED 10.95 per sqft).
  • Two-beds in Sherena Residence sold for AED 1,270,000–1,270,000 in the 12 months to November 2026; the building's median across all types is AED 1,158 per sqft.

Source: Dubai Land Department. Updated 1 September 2025.

Questions about B1001, Sherena Residence

What did unit B1001 last sell for?

AED 1,020,000 on 11 December 2024, sold by the developer: AED 753 per sqft for 1,353 sqft. It is the only registered sale of the unit.

What is the rent for unit B1001?

AED 20,000 a year on the contract signed on 1 September 2025. The previous contract, from August 2023, was AED 60,375; the unit has been rented since May 2018.

How big is unit B1001?

1,353 sqft (125.7 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2017.

What is unit B1001 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 1,270,000 to 1,270,000 in the last 12 months, around AED 938 per sqft.

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Mortgage on B1001, Sherena Residence

Starts from the last sale price (AED 1.02M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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