Studio · 537 sqftSherena Residence, Majan · 1st floor · completed 2017

B102, Sherena Residence

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

Unit B102 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 500K24 September 2024
Current rentAED 22K /yr22 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B102, Sherena Residence

What is B102 worth today?

Last sold for AED 500,000 in 2024

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24 Sep 2024Sold by developerReady
AED 500,000AED 930 per sqft
22 Jul 2021RentedNew contract
AED 22,000/yr12 months · AED 41 per sqft
24 Mar 2021RentedNew contract
AED 91,525/yr4 months · AED 170 per sqft
1 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 47 per sqft
20 Feb 2019RentedNew contract
AED 40,000/yr12 months · AED 74 per sqft
20 Dec 2017RentedNew contract
AED 38,571/yr14 months · AED 72 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
Studio apartment
Size
537 sqft
Floor
1st of 10
Parking
B-14
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 5,900 /yr
Last sold
AED 500K · September 2024

About B102, Sherena Residence

B102 is a studio of 537 sqft on the 1st floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 24 September 2024 for AED 500,000, or AED 930 per sqft, in line with the AED 921 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 22 July 2021, is AED 22,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 5,900 a year.

Sales and rents for B102 over time

Sales
Unit B102, 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 529,000Sold by developer, September 2024: AED 500,000 (AED 930 per sqft)

B102 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B102, each contractTypical studio in Sherena Residence
50K100K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,450; 2024 AED 40,000; 2025 AED 44,000New contract, December 2017: AED 38,571 a yearNew contract, February 2019: AED 40,000 a yearNew contract, March 2020: AED 25,000 a yearNew contract, March 2021: AED 91,525 a yearNew contract, July 2021: AED 22,000 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 B102 sits

All 64 studios →

B102 last sold in September 2024 at AED 930 per sqft, in line with what studios in Sherena Residence were fetching at the time (AED 921). Over the last 12 months studios sold for AED 485,000 to 549,000, around AED 1,182 per sqft, and rent for AED 40,000 to 45,000 a year.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 2026529,000
29 Jan 2026530,000
19 Jan 2026485,000
17 Dec 2025549,000
4 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. 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 1st floor

All 297 units in Sherena Residence
Value
A1011-bedAED 750K · Aug 2017
A1022-bedAED 900K · Nov 2018
A1031-bedAED 700K · Sep 2017
A1041-bedAED 800K · Nov 2024
A1051-bedAED 690K · May 2018
A1062-bedAED 700K · Apr 2018
A107AED 1.45M · Aug 2025
1–7 of 27

B102, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 24 September 2024 for AED 500,000, or AED 930 per sqft.
  • Rented since December 2017 on 5 Ejari contracts, from AED 38,571 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 5,900 a year (AED 10.95 per sqft).
  • Studios in Sherena Residence sold for AED 485,000–549,000 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 24 September 2024.

Questions about B102, Sherena Residence

What did unit B102 last sell for?

AED 500,000 on 24 September 2024, sold by the developer: AED 930 per sqft for 537 sqft. It is the only registered sale of the unit.

What is the rent for unit B102?

AED 22,000 a year on the contract signed on 22 July 2021. The previous contract, from March 2021, was AED 91,525; the unit has been rented since December 2017.

How big is unit B102?

537 sqft (49.9 sqm): a studio on the 1st floor of a 10-storey tower completed in 2017.

What is unit B102 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 485,000 to 549,000 in the last 12 months, around AED 1,182 per sqft.

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Mortgage on B102, Sherena Residence

Starts from the last sale price (AED 500K, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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