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Studio · 434 sqftSherena Residence, Majan · 5th floor · completed 2017

B502, Sherena Residence

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B502 · DLD and Ejari recordsUpdated 26 March 2026
Last soldAED 485K19 January 2026
Current rentAED 36K /yr26 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B502, Sherena Residence

What is B502 worth today?

Last sold for AED 485,000 in 2026

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26 Mar 2026RentedNew contract
AED 35,700/yr12 months · AED 82 per sqft
19 Jan 2026SoldReady
AED 485,000AED 1,118 per sqft
26 Mar 2025RentedRenewal
AED 35,700/yr12 months · AED 83 per sqft
12 Dec 2023Sold by developerReady
AED 370,000AED 853 per sqft
26 Mar 2023RentedNew contract
AED 31,500/yr12 months · AED 73 per sqft
26 Mar 2021RentedRenewal
AED 30,000/yr12 months · AED 69 per sqft
26 May 2020RentedRenewal
AED 36,000/yr10 months · AED 83 per sqft
26 May 2019RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 26 March 2026.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
5th of 10
Parking
B-104
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,700 /yr
Last sold
AED 485K · January 2026
Building
Sherena Residence

About B502, Sherena Residence

B502 is a studio of 434 sqft on the 5th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. It last sold on 19 January 2026 for AED 485,000, or AED 1,118 per sqft, 4% below the AED 1,160 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 26 March 2026, is AED 35,700 a year: a gross yield of 7.4% on the 2026 price, before the service charge of about AED 4,700 a year.

Sales and rents for B502 over time

Sales
Unit B502, each saleTypical studio in Sherena Residence
400K2016201920222025Typical sale price by year: 2016 AED 316,775; 2017 AED 359,219; 2023 AED 400,000; 2024 AED 433,785; 2025 AED 549,000; 2026 AED 529,500Sold by developer, December 2023: AED 370,000 (AED 853 per sqft)Sold, January 2026: AED 485,000 (AED 1,118 per sqft)

B502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B502, each contractTypical studio in Sherena Residence
30K40K2017202020232026Typical rent by year: 2017 AED 38,571; 2018 AED 34,286; 2019 AED 33,250; 2020 AED 30,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 30,660; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 43,500New contract, January 2018: AED 34,286 a yearNew contract, May 2019: AED 35,000 a yearRenewal, May 2020: AED 36,000 a yearRenewal, March 2021: AED 30,000 a yearNew contract, March 2023: AED 31,500 a yearRenewal, March 2025: AED 35,700 a yearNew contract, March 2026: AED 35,700 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Sherena Residence, and where B502 sits

All 64 studios →

B502 last sold in January 2026 at AED 1,118 per sqft, 4% below what studios in Sherena Residence were fetching at the time (AED 1,160). Over the last 12 months studios sold for AED 475,000 to 580,000, around AED 1,158 per sqft, and rent for AED 35,700 to 60,000 a year. B502's AED 35,700 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026545,000
29 Jul 2026475,000
22 Jul 2026580,000
6 Feb 2026529,000
7 studio 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 63K /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

B502, Sherena Residence in numbers

  • Sold twice: first on 12 December 2023 for AED 370,000, last on 19 January 2026 for AED 485,000 (AED 1,118 per sqft).
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 34,286 to AED 30,000 in 2021 and recovered to AED 35,700 by March 2026.
  • At AED 35,700 a year the gross yield on the 2026 price is 7.4%, before a service charge of about AED 4,700 a year (AED 10.95 per sqft).
  • Studios in Sherena Residence sold for AED 475,000–580,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 26 March 2026.

Questions about B502, Sherena Residence

What did unit B502 last sell for?

AED 485,000 on 19 January 2026: AED 1,118 per sqft for 434 sqft. The unit has 2 registered sales; the first was AED 370,000 in December 2023.

What is the rent for unit B502?

AED 35,700 a year on the contract signed on 26 March 2026. The previous contract, from March 2025, was AED 35,700; the unit has been rented since January 2018.

How big is unit B502?

434 sqft (40.3 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit B502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sherena Residence sold for AED 475,000 to 580,000 in the last 12 months, around AED 1,158 per sqft.

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Mortgage on B502, Sherena Residence

Starts from the last sale price (AED 485K, 19 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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