Home
Dubai prices
About
Research
2-bed · 1,274 sqftSherena Residence, Majan · 5th floor · completed 2017

C507, 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 C507 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 1.05M2 June 2016
Current rentAED 69K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow C507

Property timeline for C507, Sherena Residence

What is C507 worth today?

Last sold for AED 1,045,224 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2025RentedRenewal
AED 69,458/yr12 months · AED 55 per sqft
20 Sep 2024RentedRenewal
AED 66,150/yr12 months · AED 52 per sqft
20 Sep 2024RentedRenewal
AED 66,150/yr12 months · AED 52 per sqft
20 Sep 2023RentedRenewal
AED 63,000/yr12 months · AED 50 per sqft
20 Sep 2022RentedRenewal
AED 60,000/yr12 months · AED 47 per sqft
20 Aug 2021RentedRenewal
AED 60,000/yr13 months · AED 47 per sqft
20 Jul 2020RentedRenewal
AED 60,000/yr13 months · AED 47 per sqft
20 May 2019RentedRenewal
AED 70,000/yr14 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
5th of 10
Parking
B-156
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 13,900 /yr
Last sold
AED 1.05M · June 2016
Building
Sherena Residence

About C507, Sherena Residence

C507 is a two-bedroom apartment of 1,274 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 1,045,224, or AED 820 per sqft, in line with the AED 818 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 20 September 2025, is AED 69,458 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 13,900 a year.

Sales and rents for C507 over time

Sales
Unit C507, 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, June 2016: AED 1,045,224 (AED 820 per sqft)

C507 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit C507, 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 85,000Renewal, May 2019: AED 70,000 a yearRenewal, July 2020: AED 60,000 a yearRenewal, August 2021: AED 60,000 a yearRenewal, September 2022: AED 60,000 a yearRenewal, September 2023: AED 63,000 a yearRenewal, September 2024: AED 66,150 a yearRenewal, September 2024: AED 66,150 a yearRenewal, September 2025: AED 69,458 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 C507 sits

All 98 2-beds →

C507 last sold in June 2016 at AED 820 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 818). 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. C507's AED 69,458 is in the lower 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

C507, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 2 June 2016 for AED 1,045,224, or AED 820 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2022 and recovered to AED 69,458 by September 2025.
  • At AED 69,458 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 13,900 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 20 September 2025.

Questions about C507, Sherena Residence

What did unit C507 last sell for?

AED 1,045,224 on 2 June 2016, sold by the developer: AED 820 per sqft for 1,274 sqft. It is the only registered sale of the unit.

What is the rent for unit C507?

AED 69,458 a year on the contract renewed on 20 September 2025. The previous contract, from September 2024, was AED 66,150; the unit has been rented since May 2019.

How big is unit C507?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit C507 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 C507? 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.

How OpenOffers works

Mortgage on C507, Sherena Residence

Starts from the last sale price (AED 1.05M, 2 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,045,224
Deposit, UAE resident (20%)
AED 209,045
Deposit, non-resident (40%)
AED 418,090
Monthly over 25 years at 3.7%
AED 4,276

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