A506, Sherena Residence
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A506, Sherena Residence
What is A506 worth today?
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Source: Dubai Land Department. Updated 4 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,348 sqft
- Floor
- 5th of 10
- Parking
- B-186
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.1M · December 2017
- Building
- Sherena Residence
About A506, Sherena Residence
A506 is a two-bedroom apartment of 1,348 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 27 December 2017 for AED 1,103,872, or AED 818 per sqft, in line with the AED 803 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 4 February 2025, is AED 78,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 14,800 a year.
Sales and rents for A506 over time
A506 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sherena Residence, and where A506 sits
All 96 2-beds →A506 last sold in December 2017 at AED 818 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 803). Over the last 12 months two-beds sold for AED 1,270,000, around AED 938 per sqft, and rent for AED 67,489 to 101,000 a year. A506's AED 78,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 1,353 sqft | 1,270,000 | 938 | ||
| 24 Jul 202524 July 2025 | 1,143 sqft | 1,130,000 | 988 | ||
| 11 Jun 202511 June 2025 | 1,143 sqft | 1,150,000 | 1,005 | ||
| 1 May 20251 May 2025 | 1,276 sqft | 1,175,000 | 921 |
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 5th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 1-bed | 907 sqft | AED 729KAED 729,368 · Dec 2017December 2017 | 43,000 /yr | |
| A502 | 2-bed | 1,347 sqft | AED 1.1MAED 1,103,872 · Nov 2017November 2017 | 68,571 /yr | |
| A503 | 1-bed | 881 sqft | AED 360KAED 360,000 · Sep 2018September 2018 | 55,000 /yr | |
| A504 | 1-bed | 865 sqft | AED 694KAED 694,408 · Dec 2017December 2017 | 39,000 /yr | |
| A505 | 1-bed | 869 sqft | AED 694KAED 694,408 · Dec 2017December 2017 | 50,000 /yr | |
| A507 | 2-bed | 1,274 sqft | AED 1.05MAED 1,045,224 · Dec 2017December 2017 | ||
| A508 | 2-bed | 1,142 sqft | AED 929KAED 928,720 · Dec 2017December 2017 | 84,000 /yr | |
| A509 | Studio | 436 sqft | AED 443KAED 443,470 · May 2017May 2017 | 43,000 /yr | |
| A510 | Studio | 438 sqft | AED 400KAED 400,000 · Jul 2024July 2024 | ||
| B501 | 2-bed | 1,353 sqft | AED 1MAED 1,000,000 · Aug 2024August 2024 | 70,000 /yr | |
| B502 | Studio | 434 sqft | AED 485KAED 485,000 · Jan 2026January 2026 | 35,700 /yr | |
| B503 | Studio | 474 sqft | No registered sale | 40,000 /yr | |
| B504 | 1-bed | 904 sqft | AED 795KAED 795,000 · Jun 2024June 2024 | 44,098 /yr | |
| B505 | 2-bed | 1,308 sqft | AED 1.03MAED 1,030,000 · Apr 2024April 2024 | 57,750 /yr | |
| B506 | 1-bed | 869 sqft | No registered sale | 45,000 /yr | |
| B507 | 1-bed | 869 sqft | No registered sale | 45,000 /yr | |
| B508 | 2-bed | 1,308 sqft | AED 950KAED 950,000 · Sep 2023September 2023 | 55,000 /yr | |
| B509 | 1-bed | 904 sqft | AED 680KAED 680,000 · May 2023May 2023 | 45,000 /yr | |
| B510 | Studio | 474 sqft | AED 400KAED 400,000 · Nov 2023November 2023 | 40,000 /yr | |
| B511 | Studio | 433 sqft | AED 420KAED 420,360 · Mar 2024March 2024 | 28,600 /yr | |
| B512 | 2-bed | 1,353 sqft | AED 1.03MAED 1,030,000 · Sep 2024September 2024 | 60,375 /yr | |
| B513 | 3-bed | 1,730 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 110,000 /yr | |
| C501 | 1-bed | 907 sqft | AED 729KAED 729,368 · Jun 2016June 2016 | 44,000 /yr | |
| C502 | 2-bed | 1,349 sqft | AED 1.1MAED 1,103,872 · Jun 2016June 2016 | 67,489 /yr | |
| C503 | 1-bed | 881 sqft | AED 708KAED 707,928 · Jun 2016June 2016 | 43,000 /yr | |
| C504 | 1-bed | 865 sqft | AED 694KAED 694,408 · Jun 2016June 2016 | 65,000 /yr | |
| C505 | 1-bed | 869 sqft | AED 694KAED 694,408 · Jun 2016June 2016 | 60,000 /yr | |
| C506 | 2-bed | 1,351 sqft | AED 1.1MAED 1,103,872 · Jun 2016June 2016 | 58,000 /yr | |
| C507 | 2-bed | 1,274 sqft | AED 1.05MAED 1,045,224 · Jun 2016June 2016 | 66,150 /yr | |
| C508 | 2-bed | 1,142 sqft | AED 929KAED 928,720 · Jun 2016June 2016 | 57,750 /yr | |
| C509 | Studio | 436 sqft | AED 355KAED 354,784 · Jun 2016June 2016 | 32,000 /yr | |
| C510 | Studio | 439 sqft | AED 355KAED 354,784 · Jun 2016June 2016 | 34,729 /yr |
A506, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 27 December 2017 for AED 1,103,872, or AED 818 per sqft.
- Rented since May 2018 on 6 Ejari contracts, from AED 64,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 14,800 a year (AED 10.95 per sqft).
- Two-beds in Sherena Residence sold for AED 1,270,000–1,270,000 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 February 2025.
Questions about A506, Sherena Residence
What did unit A506 last sell for?
AED 1,103,872 on 27 December 2017, sold by the developer: AED 818 per sqft for 1,348 sqft. It is the only registered sale of the unit.
What is the rent for unit A506?
AED 78,000 a year on the contract renewed on 4 February 2025. The previous contract, from February 2024, was AED 62,335; the unit has been rented since May 2018.
How big is unit A506?
1,348 sqft (125.2 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.
What is unit A506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherena Residence sold for AED 1,270,000 to 1,270,000 in the last 12 months, around AED 938 per sqft.
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Mortgage on A506, Sherena Residence
Starts from the last sale price (AED 1.1M, 27 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,103,872
- Deposit, UAE resident (20%)
- AED 220,774
- Deposit, non-resident (40%)
- AED 441,549
- Monthly over 25 years at 3.7%
- AED 4,516
Plus AED 51,373 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →