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1-bed · 865 sqftSherena Residence, Majan · 5th floor · completed 2017

C504, Sherena Residence

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C504 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 694K2 June 2016
Current rentAED 65K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C504, Sherena Residence

What is C504 worth today?

Last sold for AED 694,408 in 2016

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31 Oct 2025RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
10 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
10 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
1 Sep 2021RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
20 May 2019RentedRenewal
AED 51,000/yr12 months · AED 59 per sqft
2 Jun 2016Sold by developerOff-plan
AED 694,408AED 802 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
5th of 10
Parking
B-153
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 694K · June 2016
Building
Sherena Residence

About C504, Sherena Residence

C504 is a one-bedroom apartment of 865 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 2 June 2016 for AED 694,408, or AED 802 per sqft, in line with the AED 813 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 31 October 2025, is AED 65,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 9,500 a year.

Sales and rents for C504 over time

Sales
Unit C504, each saleTypical one-bed in Sherena Residence
600K800K20152018202120242027Typical sale price by year: 2015 AED 724,780; 2016 AED 694,408; 2017 AED 703,088; 2018 AED 546,511; 2021 AED 597,500; 2022 AED 562,500; 2023 AED 680,000; 2024 AED 792,500; 2025 AED 810,000; 2026 AED 900,000Sold by developer, June 2016: AED 694,408 (AED 802 per sqft)

C504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C504, each contractTypical one-bed in Sherena Residence
40K60K2017202020232026Typical rent by year: 2017 AED 51,429; 2018 AED 50,882; 2019 AED 49,500; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 44,132; 2024 AED 51,213; 2025 AED 62,000; 2026 AED 64,000Renewal, May 2019: AED 51,000 a yearNew contract, September 2021: AED 42,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, October 2025: AED 65,000 a year

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 C504 sits

All 123 1-beds →

C504 last sold in June 2016 at AED 802 per sqft, in line with what one-beds in Sherena Residence were fetching at the time (AED 813). 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. C504's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 2026860,000
26 Feb 2026900,000
20 Feb 20261,000,000
10 Jul 2025760,000
3 1-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 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

C504, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 2 June 2016 for AED 694,408, or AED 802 per sqft.
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 51,000 to AED 42,000 in 2021 and recovered to AED 65,000 by October 2025.
  • At AED 65,000 a year the gross yield on the 2016 price is 9.4%, before a service charge of about AED 9,500 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 31 October 2025.

Questions about C504, Sherena Residence

What did unit C504 last sell for?

AED 694,408 on 2 June 2016, sold by the developer: AED 802 per sqft for 865 sqft. It is the only registered sale of the unit.

What is the rent for unit C504?

AED 65,000 a year on the contract signed on 31 October 2025. The previous contract, from February 2025, was AED 65,000; the unit has been rented since May 2019.

How big is unit C504?

865 sqft (80.4 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit C504 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 C504, Sherena Residence

Starts from the last sale price (AED 694K, 2 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 694,408
Deposit, UAE resident (20%)
AED 138,882
Deposit, non-resident (40%)
AED 277,763
Monthly over 25 years at 3.7%
AED 2,841

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