1-bed · 869 sqftSherena Residence, Majan · 5th floor · completed 2017

B507, Sherena Residence

Sold prices and rental history: no registered sale, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B507 · DLD and Ejari recordsUpdated 15 May 2020
Current rentAED 45K /yr15 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B507, Sherena Residence

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15 May 2020RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft
15 Feb 2018RentedNew contract
AED 49,714/yr14 months · AED 57 per sqft

Source: Dubai Land Department. Updated 15 May 2020.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
5th of 10
Parking
B-126
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
No registered sale

About B507, Sherena Residence

B507 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. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 15 May 2020, is AED 45,000 a year, before the service charge of about AED 9,500 a year.

Sales and rents for B507 over time

Sales
Unit B507, 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 810,000

No registered sale of B507; the dashed line is the one-bed median of each year in the building.

Rents
Unit B507, 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 63,500New contract, February 2018: AED 49,714 a yearNew contract, May 2020: AED 45,000 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 B507 sits

All 123 1-beds →

B507's AED 45,000 is at the bottom 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
A5051-bedAED 694K · Dec 2017
A5062-bedAED 1.1M · Dec 2017
A5072-bedAED 1.05M · Dec 2017
1–7 of 32

B507, Sherena Residence in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2018 on 2 Ejari contracts, from AED 49,714 to AED 45,000 a year.

Source: Dubai Land Department. Updated 15 May 2020.

Questions about B507, Sherena Residence

What is the rent for unit B507?

AED 45,000 a year on the contract signed on 15 May 2020. The previous contract, from February 2018, was AED 49,714.

How big is unit B507?

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

What is unit B507 worth today?

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

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