Home
Dubai prices
About
Research
1-bed · 869 sqftSherena Residence, Majan · 5th floor · completed 2017

A505, Sherena Residence

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A505 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 694K21 December 2017
Current rentAED 50K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A505, Sherena Residence

What is A505 worth today?

Last sold for AED 694,408 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jun 2025RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
4 Jun 2024RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
4 Jun 2023RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
4 Jun 2022RentedRenewal
AED 42,000/yr12 months · AED 48 per sqft
6 Apr 2019RentedRenewal
AED 57,000/yr14 months · AED 65 per sqft
21 Dec 2017Sold by developerReady
AED 694,408AED 799 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2025.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
5th of 10
Parking
B-185
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 694K · December 2017
Building
Sherena Residence

About A505, Sherena Residence

A505 is a one-bedroom apartment of 869 sqft on the 5th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 21 December 2017 for AED 694,408, or AED 799 per sqft, in line with the AED 804 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 4 June 2025, is AED 50,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 9,500 a year.

Sales and rents for A505 over time

Sales
Unit A505, 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, December 2017: AED 694,408 (AED 799 per sqft)

A505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A505, 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 63,500Renewal, April 2019: AED 57,000 a yearRenewal, June 2022: AED 42,000 a yearRenewal, June 2023: AED 44,000 a yearRenewal, June 2024: AED 50,000 a yearRenewal, June 2025: AED 50,000 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 A505 sits

All 123 1-beds →

A505 last sold in December 2017 at AED 799 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 804). A505's AED 50,000 is in the lower half 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 5th floor

All 297 units in Sherena Residence
Value
A5011-bedAED 729K · Dec 2017
A5022-bedAED 1.1M · Nov 2017
A5031-bedAED 360K · Sep 2018
A5041-bedAED 694K · Dec 2017
A5062-bedAED 1.1M · Dec 2017
A5072-bedAED 1.05M · Dec 2017
A5082-bedAED 929K · Dec 2017
1–7 of 32

A505, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 21 December 2017 for AED 694,408, or AED 799 per sqft.
  • Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 57,000 to AED 42,000 in 2022 and recovered to AED 50,000 by June 2025.
  • At AED 50,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 9,500 a year (AED 10.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2025.

Questions about A505, Sherena Residence

What did unit A505 last sell for?

AED 694,408 on 21 December 2017, sold by the developer: AED 799 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit A505?

AED 50,000 a year on the contract renewed on 4 June 2025. The previous contract, from June 2024, was AED 50,000; the unit has been rented since April 2019.

How big is unit A505?

869 sqft (80.7 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit A505 worth today?

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

Selling A505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A505, Sherena Residence

Starts from the last sale price (AED 694K, 21 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 694,408
Deposit, UAE resident (20%)
AED 138,882
Deposit, non-resident (40%)
AED 277,763
Monthly over 25 years at 3.7%
AED 2,841

Plus AED 34,175 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →