A501, Sherena Residence
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A501, Sherena Residence
What is A501 worth today?
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Source: Dubai Land Department. Updated 21 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 907 sqft
- Floor
- 5th of 10
- Parking
- B-181
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 9,900 /yr
- Last sold
- AED 729K · December 2017
- Building
- Sherena Residence
About A501, Sherena Residence
A501 is a one-bedroom apartment of 907 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 729,368, or AED 804 per sqft, in line with the AED 804 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 21 April 2023, is AED 43,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 9,900 a year.
Sales and rents for A501 over time
A501 has sold once; the dashed line is the one-bed median of each year in the building.
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 A501 sits
All 123 1-beds →A501 last sold in December 2017 at AED 804 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 804). Over the last 12 months one-beds sold for AED 860,000 to 1,000,000, around AED 951 per sqft, and rent for AED 26,000 to 80,000 a year. A501's AED 43,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 904 sqft | 860,000 | 951 | ||
| 26 Feb 202626 February 2026 | 870 sqft | 900,000 | 1,035 | ||
| 20 Feb 202620 February 2026 | 1,391 sqft | 1,000,000 | 718 | ||
| 10 Jul 202510 July 2025 | 865 sqft | 760,000 | 878 |
Sherena Residence
Building297 apartments, studios to 4-bed over 10 floors in Majan, completed in 2017 by Rose Homes Investment. 19 sold in the last 12 months.
- Typical price per sqft
- AED 951 Up 6.8%
- Typical sale
- AED 1M
- Typical rent
- AED 64K /yr
- Typical yield
- 7.6%
Other units on the 5th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | 57,750 /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 | 55,000 /yr | |
| A506 | 2-bed | 1,348 sqft | AED 1.1MAED 1,103,872 · Dec 2017December 2017 | 83,000 /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 580KAED 580,000 · Jul 2026July 2026 | 48,000 /yr | |
| 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 | 65,000 /yr | |
| B507 | 1-bed | 869 sqft | No registered sale | 80,000 /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 | 26,000 /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 | 69,458 /yr | |
| C508 | 2-bed | 1,142 sqft | AED 929KAED 928,720 · Jun 2016June 2016 | 66,701 /yr | |
| C509 | Studio | 436 sqft | AED 355KAED 354,784 · Jun 2016June 2016 | 38,808 /yr | |
| C510 | Studio | 439 sqft | AED 355KAED 354,784 · Jun 2016June 2016 | 36,465 /yr |
A501, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 21 December 2017 for AED 729,368, or AED 804 per sqft.
- Rented since December 2017 on 4 Ejari contracts, from AED 60,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 9,900 a year (AED 10.95 per sqft).
- One-beds in Sherena Residence sold for AED 860,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.
Source: Dubai Land Department. Updated 21 April 2023.
Questions about A501, Sherena Residence
What did unit A501 last sell for?
AED 729,368 on 21 December 2017, sold by the developer: AED 804 per sqft for 907 sqft. It is the only registered sale of the unit.
What is the rent for unit A501?
AED 43,000 a year on the contract signed on 21 April 2023. The previous contract, from March 2022, was AED 42,000; the unit has been rented since December 2017.
How big is unit A501?
907 sqft (84.3 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.
What is unit A501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sherena Residence sold for AED 860,000 to 1,000,000 in the last 12 months, around AED 951 per sqft.
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Mortgage on A501, Sherena Residence
Starts from the last sale price (AED 729K, 21 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 729,368
- Deposit, UAE resident (20%)
- AED 145,874
- Deposit, non-resident (40%)
- AED 291,747
- Monthly over 25 years at 3.7%
- AED 2,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →