B512, Sherena Residence
Sold prices and rental history: sold once, by the developer in September 2024, 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 B512, Sherena Residence
What is B512 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,353 sqft
- Floor
- 5th of 10
- Parking
- B-131
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.03M · September 2024
- Building
- Sherena Residence
About B512, Sherena Residence
B512 is a two-bedroom apartment of 1,353 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 9 September 2024 for AED 1,030,000, or AED 761 per sqft, in line with the AED 783 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 60,375 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 14,800 a year.
Sales and rents for B512 over time
B512 has sold once; the dashed line is the two-bed median of each year in the building.
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 B512 sits
All 98 2-beds →B512 last sold in September 2024 at AED 761 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 783). 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. B512's AED 60,375 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 1,351 sqft | 1,150,000 | 851 | ||
| 17 Apr 202617 April 2026 | 1,347 sqft | 1,250,000 | 927 | ||
| 25 Mar 202625 March 2026 | 1,347 sqft | 1,200,000 | 890 | ||
| 11 Mar 202611 March 2026 | 1,347 sqft | 1,210,000 | 898 |
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 63K /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 | |
| 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 | |
| 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 |
B512, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 9 September 2024 for AED 1,030,000, or AED 761 per sqft.
- Rented since February 2018 on 6 Ejari contracts, from AED 66,857 to AED 60,375 a year.
- At AED 60,375 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 14,800 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 9 September 2024.
Questions about B512, Sherena Residence
What did unit B512 last sell for?
AED 1,030,000 on 9 September 2024, sold by the developer: AED 761 per sqft for 1,353 sqft. It is the only registered sale of the unit.
What is the rent for unit B512?
AED 60,375 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 57,500; the unit has been rented since February 2018.
How big is unit B512?
1,353 sqft (125.7 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.
What is unit B512 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.
Selling B512? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on B512, Sherena Residence
Starts from the last sale price (AED 1.03M, 9 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →