Studio · 476 sqftSherena Residences 2, Majan · 5th floor · completed 2022

501, Sherena Residences 2

Sold prices and rental history: sold once, by the developer in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 577K1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Sherena Residences 2

What is 501 worth today?

Last sold for AED 576,747 in 2024

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1 Mar 2024Sold by developerOff-plan
AED 576,747AED 1,210 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
5th of 10
Parking
1
Developer
Rose Homes Investment
Completed
2022
Last sold
AED 577K · March 2024

About 501, Sherena Residences 2

501 is a studio of 476 sqft on the 5th floor of Sherena Residences 2, a 10-storey tower in Majan completed in 2022 by Rose Homes Investment. The developer sold it on 1 March 2024 for AED 576,747, or AED 1,210 per sqft, 44% above the AED 840 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical studio in Sherena Residences 2
400K500K600K2023202420252026Typical sale price by year: 2023 AED 399,000; 2024 AED 500,000; 2025 AED 561,159Sold by developer, March 2024: AED 576,747 (AED 1,210 per sqft)

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

Studios in Sherena Residences 2, and where 501 sits

All 58 studios →

501 last sold in March 2024 at AED 1,210 per sqft, 44% above what studios in Sherena Residences 2 were fetching at the time (AED 840).

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2025610,000
4 Sep 2025550,000
26 Aug 2025550,000
10 Jul 2025561,159
0 studio sales in the last 12 months

Sherena Residences 2

Building

94 apartments, studios to 2-bed over 10 floors in Majan, completed in 2022 by Rose Homes Investment. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Sherena Residences 2, Majan: prices, sales and rents →

Other units on the 5th floor

All 94 units in Sherena Residences 2
Value
502StudioAED 440K · Mar 2024
505StudioAED 476K · Jan 2024
5081-bedAED 811K · Mar 2024
5101-bedAED 731K · Mar 2024
5112-bedAED 941K · Dec 2023

501, Sherena Residences 2 in numbers

  • Sold once: by Rose Homes Investment on 1 March 2024 for AED 576,747, or AED 1,210 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 501, Sherena Residences 2

What did unit 501 last sell for?

AED 576,747 on 1 March 2024, sold by the developer: AED 1,210 per sqft for 476 sqft. It is the only registered sale of the unit.

How big is unit 501?

476 sqft (44.2 sqm): a studio on the 5th floor of a 10-storey tower completed in 2022.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 501, Sherena Residences 2

Starts from the last sale price (AED 577K, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 576,747
Deposit, UAE resident (20%)
AED 115,349
Deposit, non-resident (40%)
AED 230,699
Monthly over 25 years at 3.7%
AED 2,360

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