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Studio · 436 sqftSherena Residence, Majan · 5th floor · completed 2017

C509, Sherena Residence

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C509 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 355K2 June 2016
Current rentAED 39K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C509, Sherena Residence

What is C509 worth today?

Last sold for AED 354,784 in 2016

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1 May 2026RentedRenewal
AED 38,808/yr12 months · AED 88 per sqft
1 May 2024RentedRenewal
AED 38,808/yr12 months · AED 88 per sqft
20 Aug 2023RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft
1 May 2023RentedRenewal
AED 38,808/yr12 months · AED 88 per sqft
1 May 2022RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
15 Nov 2020RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
5 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
10 Feb 2018RentedNew contract
AED 34,286/yr14 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
5th of 10
Parking
B-158
Developer
Rose Homes Investment
Completed
2017
Service charge
AED 4,800 /yr
Last sold
AED 355K · June 2016
Building
Sherena Residence

About C509, Sherena Residence

C509 is a studio of 436 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 354,784, or AED 813 per sqft, in line with the AED 813 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 38,808 a year: a gross yield of 10.9% on the 2016 price, before the service charge of about AED 4,800 a year.

Sales and rents for C509 over time

Sales
Unit C509, 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, June 2016: AED 354,784 (AED 813 per sqft)

C509 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit C509, 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, August 2019: AED 30,000 a yearNew contract, November 2020: AED 27,000 a yearNew contract, May 2022: AED 28,000 a yearRenewal, May 2023: AED 38,808 a yearNew contract, August 2023: AED 32,000 a yearRenewal, May 2024: AED 38,808 a yearRenewal, May 2026: AED 38,808 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 C509 sits

All 64 studios →

C509 last sold in June 2016 at AED 813 per sqft, in line with what studios in Sherena Residence were fetching at the time (AED 813). 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. C509's AED 38,808 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 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

C509, Sherena Residence in numbers

  • Sold once: by Rose Homes Investment on 2 June 2016 for AED 354,784, or AED 813 per sqft.
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 34,286 to AED 27,000 in 2020 and recovered to AED 38,808 by May 2026.
  • At AED 38,808 a year the gross yield on the 2016 price is 10.9%, before a service charge of about AED 4,800 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 1 May 2026.

Questions about C509, Sherena Residence

What did unit C509 last sell for?

AED 354,784 on 2 June 2016, sold by the developer: AED 813 per sqft for 436 sqft. It is the only registered sale of the unit.

What is the rent for unit C509?

AED 38,808 a year on the contract renewed on 1 May 2026. The previous contract, from May 2024, was AED 38,808; the unit has been rented since February 2018.

How big is unit C509?

436 sqft (40.5 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.

What is unit C509 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 C509, Sherena Residence

Starts from the last sale price (AED 355K, 2 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 354,784
Deposit, UAE resident (20%)
AED 70,957
Deposit, non-resident (40%)
AED 141,914
Monthly over 25 years at 3.7%
AED 1,452

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