Home
Dubai prices
About
Research
2-bed · 1,274 sqftSherena Residence, Majan · 5th floor · completed 2017

A507, Sherena Residence

Sold prices and rental history: sold once, by the developer in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A507 · DLD and Ejari recordsUpdated 7 December 2017
Last soldAED 1.05M7 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow A507

Property timeline for A507, Sherena Residence

What is A507 worth today?

Last sold for AED 1,045,224 in 2017

Unlock today's estimate, updated daily, with

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

7 Dec 2017Sold by developerReady
AED 1,045,224AED 820 per sqft

Source: Dubai Land Department. Updated 7 December 2017.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
5th of 10
Parking
B-187
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 13,900 /yr
Last sold
AED 1.05M · December 2017
Building
Sherena Residence

About A507, Sherena Residence

A507 is a two-bedroom apartment of 1,274 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 7 December 2017 for AED 1,045,224, or AED 820 per sqft, in line with the AED 806 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A507 over time

Sales
Unit A507, each saleTypical two-bed in Sherena Residence
900K1M2016201920222025Typical sale price by year: 2016 AED 985,611; 2017 AED 980,382; 2018 AED 849,225; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000Sold by developer, December 2017: AED 1,045,224 (AED 820 per sqft)

A507 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A507, each contractTypical two-bed in Sherena Residence
60K80K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 68,571; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 50,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 67,224; 2025 AED 86,500; 2026 AED 90,000

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 A507 sits

All 96 2-beds →

A507 last sold in December 2017 at AED 820 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 806). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20261,270,000
24 Jul 20251,130,000
11 Jun 20251,150,000
1 May 20251,175,000
1 2-bed sale 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
A5051-bedAED 694K · Dec 2017
A5062-bedAED 1.1M · Dec 2017
A5082-bedAED 929K · Dec 2017
1–7 of 32

A507, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 7 December 2017 for AED 1,045,224, or AED 820 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 7 December 2017.

Questions about A507, Sherena Residence

What did unit A507 last sell for?

AED 1,045,224 on 7 December 2017, sold by the developer: AED 820 per sqft for 1,274 sqft. It is the only registered sale of the unit.

How big is unit A507?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit A507 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.

Selling A507? 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 A507, Sherena Residence

Starts from the last sale price (AED 1.05M, 7 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,045,224
Deposit, UAE resident (20%)
AED 209,045
Deposit, non-resident (40%)
AED 418,090
Monthly over 25 years at 3.7%
AED 4,276

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