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Studio · 474 sqftSherena Residence, Majan · 5th floor · completed 2017

B503, Sherena Residence

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B503 · DLD and Ejari recordsUpdated 1 September 2026
Current rentAED 40K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B503, Sherena Residence

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1 Sep 2026RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
2 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Dec 2022RentedRenewal
AED 27,500/yr12 months · AED 58 per sqft
1 Dec 2021RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
1 Sep 2020RentedRenewal
AED 28,000/yr12 months · AED 59 per sqft
1 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
1 Apr 2019RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
1 Feb 2018RentedNew contract
AED 34,286/yr14 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
5th of 10
Parking
B-122
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 5,200 /yr
Last sold
No registered sale
Building
Sherena Residence

About B503, Sherena Residence

B503 is a studio of 474 sqft on the 5th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 September 2026, is AED 40,000 a year, before the service charge of about AED 5,200 a year.

Sales and rents for B503 over time

Sales
Unit B503, 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 529,500

No registered sale of B503; the dashed line is the studio median of each year in the building.

Rents
Unit B503, 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, February 2018: AED 34,286 a yearNew contract, April 2019: AED 36,000 a yearNew contract, September 2019: AED 30,000 a yearRenewal, September 2020: AED 28,000 a yearNew contract, December 2021: AED 25,000 a yearRenewal, December 2022: AED 27,500 a yearNew contract, October 2024: AED 40,000 a yearNew contract, September 2026: AED 40,000 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 B503 sits

All 64 studios →

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. B503's AED 40,000 is in the lower half 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

B503, Sherena Residence in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 34,286 to AED 25,000 in 2021 and recovered to AED 40,000 by September 2026.
  • 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 1 September 2026.

Questions about B503, Sherena Residence

What is the rent for unit B503?

AED 40,000 a year on the contract signed on 1 September 2026. The previous contract, from October 2024, was AED 40,000; the unit has been rented since February 2018.

How big is unit B503?

474 sqft (44.0 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit B503 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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