B409, Sherena Residence
Sold prices and rental history: sold once, by the developer in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B409, Sherena Residence
What is B409 worth today?
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Source: Dubai Land Department. Updated 7 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 904 sqft
- Floor
- 4th of 10
- Parking
- B-99
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 9,900 /yr
- Last sold
- AED 720K · March 2024
- Building
- Sherena Residence
About B409, Sherena Residence
B409 is a one-bedroom apartment of 904 sqft on the 4th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 7 March 2024 for AED 720,000, or AED 796 per sqft, 6% above the AED 752 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 17 January 2024, is AED 44,178 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 9,900 a year.
Sales and rents for B409 over time
B409 has sold once; the dashed line is the one-bed median of each year in the building.
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 B409 sits
All 123 1-beds →B409 last sold in March 2024 at AED 796 per sqft, 6% above what one-beds in Sherena Residence were fetching at the time (AED 752). B409's AED 44,178 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 865 sqft | 760,000 | 878 | ||
| 20 May 202520 May 2025 | 869 sqft | 865,000 | 995 | ||
| 12 May 202512 May 2025 | 869 sqft | 800,000 | 920 | ||
| 1 May 20251 May 2025 | 867 sqft | 820,000 | 945 |
Sherena Residence
Building297 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%
Other units on the 4th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A401 | 1-bed | 908 sqft | AED 610KAED 610,000 · Aug 2022August 2022 | ||
| A402 | 2-bed | 1,347 sqft | AED 625KAED 625,000 · Feb 2018February 2018 | 95,000 /yr | |
| A403 | 1-bed | 881 sqft | AED 761KAED 761,021 · Sep 2016September 2016 | 48,510 /yr | |
| A404 | 1-bed | 865 sqft | AED 650KAED 650,000 · Apr 2018April 2018 | 60,000 /yr | |
| A405 | 1-bed | 869 sqft | AED 564KAED 564,206 · Aug 2018August 2018 | 70,000 /yr | |
| A406 | 2-bed | 1,348 sqft | AED 625KAED 625,000 · Feb 2018February 2018 | 63,454 /yr | |
| A407 | 2-bed | 1,275 sqft | AED 849KAED 849,225 · Sep 2018September 2018 | 90,000 /yr | |
| A408 | 2-bed | 1,143 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 60,900 /yr | |
| A409 | Studio | 436 sqft | AED 370KAED 370,000 · Jul 2023July 2023 | 44,000 /yr | |
| A410 | Studio | 438 sqft | AED 433KAED 433,000 · May 2024May 2024 | 44,500 /yr | |
| B401 | 2-bed | 1,349 sqft | AED 1.04MAED 1,035,000 · Oct 2024October 2024 | 62,059 /yr | |
| B402 | Studio | 434 sqft | No registered sale | 47,000 /yr | |
| B403 | Studio | 474 sqft | AED 400KAED 400,000 · Nov 2023November 2023 | 28,000 /yr | |
| B404 | 1-bed | 904 sqft | AED 680KAED 680,000 · Aug 2023August 2023 | 60,000 /yr | |
| B405 | 2-bed | 1,309 sqft | AED 1.03MAED 1,030,000 · Jul 2024July 2024 | 82,000 /yr | |
| B406 | 1-bed | 869 sqft | No registered sale | 65,000 /yr | |
| B407 | 1-bed | 869 sqft | AED 650KAED 650,000 · Dec 2023December 2023 | 56,000 /yr | |
| B408 | 2-bed | 1,309 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 60,625 /yr | |
| B410 | Studio | 474 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | 42,000 /yr | |
| B411 | Studio | 433 sqft | No registered sale | 50,000 /yr | |
| B412 | 2-bed | 1,349 sqft | AED 1.05MAED 1,050,000 · Jun 2024June 2024 | 57,200 /yr | |
| B413 | 3-bed | 1,730 sqft | AED 1.17MAED 1,170,000 · May 2023May 2023 | 85,000 /yr | |
| C401 | 1-bed | 908 sqft | AED 708KAED 708,045 · Nov 2017November 2017 | 44,000 /yr | |
| C402 | 2-bed | 1,349 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 93,000 /yr | |
| C403 | 1-bed | 881 sqft | AED 717KAED 716,777 · Jan 2017January 2017 | 53,500 /yr | |
| C404 | 1-bed | 865 sqft | AED 703KAED 703,088 · Jan 2017January 2017 | 54,000 /yr | |
| C405 | 1-bed | 869 sqft | AED 703KAED 703,088 · Jan 2017January 2017 | 65,000 /yr | |
| C406 | 2-bed | 1,351 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 66,701 /yr | |
| C407 | 2-bed | 1,276 sqft | AED 995KAED 994,882 · Dec 2017December 2017 | 58,300 /yr | |
| C408 | 2-bed | 1,143 sqft | AED 892KAED 891,712 · Nov 2017November 2017 | 90,000 /yr | |
| C409 | Studio | 436 sqft | AED 340KAED 340,213 · Nov 2017November 2017 | 30,000 /yr | |
| C410 | Studio | 439 sqft | AED 342KAED 342,100 · Dec 2017December 2017 | 40,000 /yr |
B409, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 7 March 2024 for AED 720,000, or AED 796 per sqft.
- Rented since December 2017 on 6 Ejari contracts, from AED 53,143 to AED 44,178 a year.
- At AED 44,178 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 9,900 a year (AED 10.95 per sqft).
Source: Dubai Land Department. Updated 7 March 2024.
Questions about B409, Sherena Residence
What did unit B409 last sell for?
AED 720,000 on 7 March 2024, sold by the developer: AED 796 per sqft for 904 sqft. It is the only registered sale of the unit.
What is the rent for unit B409?
AED 44,178 a year on the contract renewed on 17 January 2024. The previous contract, from January 2022, was AED 42,000; the unit has been rented since December 2017.
How big is unit B409?
904 sqft (84.0 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.
What is unit B409 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 B409, Sherena Residence
Starts from the last sale price (AED 720K, 7 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →