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3-bed · 1,773 sqftSherena Residence, Majan · 2nd floor · completed 2017

B213, Sherena Residence

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

Unit B213 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 1.2M12 October 2023
Current rentAED 75K /yr7 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B213, Sherena Residence

What is B213 worth today?

Last sold for AED 1,200,000 in 2023

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12 Oct 2023Sold by developerReady
AED 1,200,000AED 676 per sqft
7 Oct 2022RentedRenewal
AED 75,000/yr10 months · AED 42 per sqft
7 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
7 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
15 Feb 2020RentedRenewal
AED 240,000/yr5 months · AED 135 per sqft
22 Jan 2019RentedNew contract
AED 93,939/yr13 months · AED 53 per sqft
15 Nov 2017RentedNew contract
AED 85,714/yr14 months · AED 48 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
3-bed apartment
Size
1,773 sqft
Floor
2nd of 10
Parking
B-112 , B-114
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 19,400 /yr
Last sold
AED 1.2M · October 2023
Building
Sherena Residence

About B213, Sherena Residence

B213 is a three-bedroom apartment of 1,773 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 12 October 2023 for AED 1,200,000, or AED 676 per sqft, in line with the AED 676 three-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 7 October 2022, is AED 75,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 19,400 a year.

Sales and rents for B213 over time

Rents
Unit B213, each contractTypical three-bed in Sherena Residence
100K200K2017202020232026Typical rent by year: 2017 AED 83,143; 2019 AED 89,159; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 75,000; 2023 AED 80,000; 2024 AED 110,000; 2025 AED 120,000New contract, November 2017: AED 85,714 a yearNew contract, January 2019: AED 93,939 a yearRenewal, February 2020: AED 240,000 a yearNew contract, September 2020: AED 70,000 a yearNew contract, October 2021: AED 70,000 a yearRenewal, October 2022: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sherena Residence, and where B213 sits

All 10 3-beds →

B213 last sold in October 2023 at AED 676 per sqft, in line with what three-beds in Sherena Residence were fetching at the time (AED 676).

Recent 3-bed salesUnit no.Price (AED)Summary
18 Dec 20231,200,000
7 Dec 20231,200,000
6 Dec 20231,170,000
5 Dec 20231,170,000
0 3-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 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

B213, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 12 October 2023 for AED 1,200,000, or AED 676 per sqft.
  • Rented since November 2017 on 6 Ejari contracts, from AED 85,714 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 19,400 a year (AED 10.95 per sqft).

Source: Dubai Land Department. Updated 12 October 2023.

Questions about B213, Sherena Residence

What did unit B213 last sell for?

AED 1,200,000 on 12 October 2023, sold by the developer: AED 676 per sqft for 1,773 sqft. It is the only registered sale of the unit.

What is the rent for unit B213?

AED 75,000 a year on the contract renewed on 7 October 2022. The previous contract, from October 2021, was AED 70,000; the unit has been rented since November 2017.

How big is unit B213?

1,773 sqft (164.7 sqm): a three-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2017.

What is unit B213 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 B213, Sherena Residence

Starts from the last sale price (AED 1.2M, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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