A503, Sherena Residence
Sold prices and rental history: sold once, by the developer in September 2018, 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 A503, Sherena Residence
What is A503 worth today?
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Source: Dubai Land Department. Updated 3 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 881 sqft
- Floor
- 5th of 10
- Parking
- B-183
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 9,700 /yr
- Last sold
- AED 360K · September 2018
- Building
- Sherena Residence
About A503, Sherena Residence
A503 is a one-bedroom apartment of 881 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 25 September 2018 for AED 360,000, or AED 408 per sqft, 42% below the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 3 September 2026, is AED 57,750 a year: a gross yield of 16.0% on the 2018 price, before the service charge of about AED 9,700 a year.
Sales and rents for A503 over time
A503 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 A503 sits
All 123 1-beds →A503 last sold in September 2018 at AED 408 per sqft, 42% below what one-beds in Sherena Residence were fetching at the time (AED 699). 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. A503's AED 57,750 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 |
A503, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 25 September 2018 for AED 360,000, or AED 408 per sqft.
- Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 50,571 to AED 38,000 in 2022 and recovered to AED 57,750 by September 2026.
- At AED 57,750 a year the gross yield on the 2018 price is 16.0%, before a service charge of about AED 9,700 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 3 September 2026.
Questions about A503, Sherena Residence
What did unit A503 last sell for?
AED 360,000 on 25 September 2018, sold by the developer: AED 408 per sqft for 881 sqft. It is the only registered sale of the unit.
What is the rent for unit A503?
AED 57,750 a year on the contract renewed on 3 September 2026. The previous contract, from September 2025, was AED 55,000; the unit has been rented since April 2018.
How big is unit A503?
881 sqft (81.8 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.
What is unit A503 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 A503, Sherena Residence
Starts from the last sale price (AED 360K, 25 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →