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2-bed · 1,142 sqftSherena Residence, Majan · 5th floor · completed 2017

A508, Sherena Residence

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A508 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 929K21 December 2017
Current rentAED 84K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A508, Sherena Residence

What is A508 worth today?

Last sold for AED 928,720 in 2017

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1 Sep 2026RentedRenewal
AED 84,000/yr12 months · AED 74 per sqft
1 Sep 2025RentedRenewal
AED 84,000/yr12 months · AED 74 per sqft
1 Sep 2024RentedNew contract
AED 84,000/yr12 months · AED 74 per sqft
2 Jun 2022RentedRenewal
AED 60,162/yr13 months · AED 53 per sqft
1 May 2021RentedNew contract
AED 56,000/yr13 months · AED 49 per sqft
8 Feb 2021RentedNew contract
AED 49,852/yr12 months · AED 44 per sqft
1 Jun 2018RentedNew contract
AED 75,000/yr14 months · AED 66 per sqft
21 Dec 2017Sold by developerReady
AED 928,720AED 813 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,142 sqft
Floor
5th of 10
Parking
B-188
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 929K · December 2017
Building
Sherena Residence

About A508, Sherena Residence

A508 is a two-bedroom apartment of 1,142 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 928,720, or AED 813 per sqft, in line with the AED 813 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 84,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for A508 over time

Sales
Unit A508, each saleTypical two-bed in Sherena Residence
1M1.2M2016201920222025Typical sale price by year: 2016 AED 992,994; 2017 AED 980,382; 2018 AED 874,613; 2019 AED 950,000; 2023 AED 895,000; 2024 AED 1,030,000; 2025 AED 1,050,000; 2026 AED 1,210,000Sold by developer, December 2017: AED 928,720 (AED 813 per sqft)

A508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A508, each contractTypical two-bed in Sherena Residence
60K80K2017202020232026Typical rent by year: 2017 AED 68,571; 2018 AED 70,286; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 51,000; 2022 AED 55,375; 2023 AED 58,800; 2024 AED 66,000; 2025 AED 86,500; 2026 AED 85,000New contract, June 2018: AED 75,000 a yearNew contract, February 2021: AED 49,852 a yearNew contract, May 2021: AED 56,000 a yearRenewal, June 2022: AED 60,162 a yearNew contract, September 2024: AED 84,000 a yearRenewal, September 2025: AED 84,000 a yearRenewal, September 2026: AED 84,000 a year

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 A508 sits

All 98 2-beds →

A508 last sold in December 2017 at AED 813 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 813). Over the last 12 months two-beds sold for AED 1,150,000 to 1,300,000, around AED 890 per sqft, and rent for AED 40,000 to 105,000 a year. A508's AED 84,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,150,000
17 Apr 20261,250,000
25 Mar 20261,200,000
11 Mar 20261,210,000
7 2-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. 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%
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

A508, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 21 December 2017 for AED 928,720, or AED 813 per sqft.
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 49,852 in 2021 and recovered to AED 84,000 by September 2026.
  • At AED 84,000 a year the gross yield on the 2017 price is 9.0%, before a service charge of about AED 12,500 a year (AED 10.95 per sqft).
  • Two-beds in Sherena Residence sold for AED 1,150,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about A508, Sherena Residence

What did unit A508 last sell for?

AED 928,720 on 21 December 2017, sold by the developer: AED 813 per sqft for 1,142 sqft. It is the only registered sale of the unit.

What is the rent for unit A508?

AED 84,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 84,000; the unit has been rented since June 2018.

How big is unit A508?

1,142 sqft (106.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit A508 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 1,150,000 to 1,300,000 in the last 12 months, around AED 890 per sqft.

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Mortgage on A508, Sherena Residence

Starts from the last sale price (AED 929K, 21 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 928,720
Deposit, UAE resident (20%)
AED 185,744
Deposit, non-resident (40%)
AED 371,488
Monthly over 25 years at 3.7%
AED 3,800

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