Studio · 434 sqftSherena Residence, Majan · 2nd floor · completed 2017

B211, Sherena Residence

Sold prices and rental history: sold once, by the developer in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B211 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 440K4 June 2024
Current rentAED 30K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B211, Sherena Residence

What is B211 worth today?

Last sold for AED 440,000 in 2024

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4 Jun 2024Sold by developerReady
AED 440,000AED 1,014 per sqft
1 Sep 2023RentedNew contract
AED 30,030/yr12 months · AED 69 per sqft
1 Sep 2020RentedRenewal
AED 28,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
2nd of 10
Parking
B-64
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,700 /yr
Last sold
AED 440K · June 2024

About B211, Sherena Residence

B211 is a studio of 434 sqft on the 2nd floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 4 June 2024 for AED 440,000, or AED 1,014 per sqft, 18% above the AED 861 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 September 2023, is AED 30,030 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for B211 over time

Sales
Unit B211, 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, June 2024: AED 440,000 (AED 1,014 per sqft)

B211 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B211, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical 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 44,000Renewal, September 2020: AED 28,000 a yearNew contract, September 2023: AED 30,030 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 B211 sits

All 64 studios →

B211 last sold in June 2024 at AED 1,014 per sqft, 18% above what studios in Sherena Residence were fetching at the time (AED 861). 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 2nd floor

All 297 units in Sherena Residence
Value
A2011-bedAED 1.05M · Mar 2017
A2022-bedAED 1.05M · Mar 2025
A2031-bedAED 816K · Aug 2017
A2041-bedAED 651K · Mar 2017
A2051-bedAED 530K · Jan 2022
A2062-bedAED 830K · Jan 2024
A2072-bedAED 1.14M · Nov 2024
1–7 of 30

B211, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 4 June 2024 for AED 440,000, or AED 1,014 per sqft.
  • Rented since September 2020 on 2 Ejari contracts, from AED 28,000 to AED 30,030 a year.
  • At AED 30,030 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 4,700 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 4 June 2024.

Questions about B211, Sherena Residence

What did unit B211 last sell for?

AED 440,000 on 4 June 2024, sold by the developer: AED 1,014 per sqft for 434 sqft. It is the only registered sale of the unit.

What is the rent for unit B211?

AED 30,030 a year on the contract signed on 1 September 2023. The previous contract, from September 2020, was AED 28,000.

How big is unit B211?

434 sqft (40.3 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2017.

What is unit B211 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 B211, Sherena Residence

Starts from the last sale price (AED 440K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

Plus AED 21,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →