Home
Dubai prices
About
Research
1-bed · 904 sqftSherena Residence, Majan · 5th floor · completed 2017

B509, Sherena Residence

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B509 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 680K19 May 2023
Current rentAED 45K /yr15 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow B509

Property timeline for B509, Sherena Residence

What is B509 worth today?

Last sold for AED 680,000 in 2023

Unlock today's estimate, updated daily, with

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

19 May 2023Sold by developerReady
AED 680,000AED 752 per sqft
15 Apr 2021RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
15 Apr 2020RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
15 Apr 2019RentedNew contract
AED 47,000/yr12 months · AED 52 per sqft
22 Nov 2017RentedNew contract
AED 53,143/yr14 months · AED 59 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
5th of 10
Parking
B-128
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,900 /yr
Last sold
AED 680K · May 2023
Building
Sherena Residence

About B509, Sherena Residence

B509 is a one-bedroom apartment of 904 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 19 May 2023 for AED 680,000, or AED 752 per sqft, 14% above the AED 660 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 April 2021, is AED 45,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for B509 over time

Sales
Unit B509, 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, May 2023: AED 680,000 (AED 752 per sqft)

B509 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B509, 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, November 2017: AED 53,143 a yearNew contract, April 2019: AED 47,000 a yearRenewal, April 2020: AED 45,000 a yearRenewal, April 2021: 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 B509 sits

All 123 1-beds →

B509 last sold in May 2023 at AED 752 per sqft, 14% above what one-beds in Sherena Residence were fetching at the time (AED 660). B509'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

B509, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 19 May 2023 for AED 680,000, or AED 752 per sqft.
  • Rented since November 2017 on 4 Ejari contracts, from AED 53,143 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 9,900 a year (AED 10.95 per sqft).

Source: Dubai Land Department. Updated 19 May 2023.

Questions about B509, Sherena Residence

What did unit B509 last sell for?

AED 680,000 on 19 May 2023, sold by the developer: AED 752 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit B509?

AED 45,000 a year on the contract renewed on 15 April 2021. The previous contract, from April 2020, was AED 45,000; the unit has been rented since November 2017.

How big is unit B509?

904 sqft (84.0 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit B509 worth today?

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

Selling B509? 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 B509, Sherena Residence

Starts from the last sale price (AED 680K, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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