1-bed · 904 sqftSherena Residence, Majan · 10th floor · completed 2017

B1009, Sherena Residence

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1009 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 800K21 October 2024
Current rentAED 44K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1009, Sherena Residence

What is B1009 worth today?

Last sold for AED 800,000 in 2024

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21 Oct 2024Sold by developerReady
AED 800,000AED 884 per sqft
5 Feb 2024RentedRenewal
AED 44,055/yr11 months · AED 49 per sqft
5 Feb 2023RentedRenewal
AED 44,100/yr12 months · AED 49 per sqft
5 Feb 2022RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
5 Feb 2020RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
5 Jan 2019RentedNew contract
AED 58,154/yr13 months · AED 64 per sqft
5 Nov 2017RentedNew contract
AED 54,000/yr14 months · AED 60 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
10th of 10
Parking
G-116
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 800K · October 2024

About B1009, Sherena Residence

B1009 is a one-bedroom apartment of 904 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 21 October 2024 for AED 800,000, or AED 884 per sqft, 5% above the AED 839 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 February 2024, is AED 44,055 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for B1009 over time

Sales
Unit B1009, each saleTypical one-bed in Sherena Residence
600K800K2015201820212024Typical 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 810,000Sold by developer, October 2024: AED 800,000 (AED 884 per sqft)

B1009 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B1009, each contractTypical one-bed in Sherena Residence
40K60K2017202020232026Typical rent by year: 2017 AED 51,429; 2018 AED 50,571; 2019 AED 50,000; 2020 AED 42,462; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 44,100; 2024 AED 50,856; 2025 AED 59,500; 2026 AED 63,500New contract, November 2017: AED 54,000 a yearNew contract, January 2019: AED 58,154 a yearRenewal, February 2020: AED 50,000 a yearNew contract, February 2022: AED 42,000 a yearRenewal, February 2023: AED 44,100 a yearRenewal, February 2024: AED 44,055 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 B1009 sits

All 123 1-beds →

B1009 last sold in October 2024 at AED 884 per sqft, 5% above what one-beds in Sherena Residence were fetching at the time (AED 839). B1009's AED 44,055 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Jul 2025760,000
20 May 2025865,000
12 May 2025800,000
1 May 2025820,000
0 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. 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
B10012-bedAED 1.02M · Dec 2024
1–7 of 24

B1009, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 21 October 2024 for AED 800,000, or AED 884 per sqft.
  • Rented since November 2017 on 6 Ejari contracts, from AED 54,000 to AED 44,055 a year.
  • At AED 44,055 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 9,900 a year (AED 10.95 per sqft).

Source: Dubai Land Department. Updated 21 October 2024.

Questions about B1009, Sherena Residence

What did unit B1009 last sell for?

AED 800,000 on 21 October 2024, sold by the developer: AED 884 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B1009?

AED 44,055 a year on the contract renewed on 5 February 2024. The previous contract, from February 2023, was AED 44,100; the unit has been rented since November 2017.

How big is unit B1009?

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

What is unit B1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B1009, Sherena Residence

Starts from the last sale price (AED 800K, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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