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

502, 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 502 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 440K1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Sherena Residences 2

What is 502 worth today?

Last sold for AED 440,383 in 2024

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1 Mar 2024Sold by developerOff-plan
AED 440,383AED 925 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 440K · March 2024

About 502, Sherena Residences 2

502 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 440,383, or AED 925 per sqft, 10% 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 502 over time

Sales
Unit 502, each saleTypical studio in Sherena Residences 2
400K500K2023202420252026Typical sale price by year: 2023 AED 399,000; 2024 AED 500,000; 2025 AED 561,159Sold by developer, March 2024: AED 440,383 (AED 925 per sqft)

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

Studios in Sherena Residences 2, and where 502 sits

All 58 studios →

502 last sold in March 2024 at AED 925 per sqft, 10% 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
501StudioAED 577K · Mar 2024
505StudioAED 476K · Jan 2024
5081-bedAED 811K · Mar 2024
5101-bedAED 731K · Mar 2024
5112-bedAED 941K · Dec 2023

502, Sherena Residences 2 in numbers

  • Sold once: by Rose Homes Investment on 1 March 2024 for AED 440,383, or AED 925 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 502, Sherena Residences 2

What did unit 502 last sell for?

AED 440,383 on 1 March 2024, sold by the developer: AED 925 per sqft for 476 sqft. It is the only registered sale of the unit.

How big is unit 502?

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

What is unit 502 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 502, Sherena Residences 2

Starts from the last sale price (AED 440K, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 440,383
Deposit, UAE resident (20%)
AED 88,077
Deposit, non-resident (40%)
AED 176,153
Monthly over 25 years at 3.7%
AED 1,802

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