505, Sherena Residences 2
Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Sherena Residences 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 26 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Rose Homes Investment
- Completed
- 2022
- Last sold
- AED 476K · January 2024
- Building
- Sherena Residences 2
About 505, Sherena Residences 2
505 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 26 January 2024 for AED 475,680, or AED 1,000 per sqft, 25% above the AED 801 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 505 over time
505 has sold once; the dashed line is the studio median of each year in the building.
Studios in Sherena Residences 2, and where 505 sits
All 58 studios →505 last sold in January 2024 at AED 1,000 per sqft, 25% above what studios in Sherena Residences 2 were fetching at the time (AED 801).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202527 October 2025 | 604 sqft | 610,000 | 1,010 | ||
| 4 Sep 20254 September 2025 | 476 sqft | 550,000 | 1,156 | ||
| 26 Aug 202526 August 2025 | 476 sqft | 550,000 | 1,156 | ||
| 10 Jul 202510 July 2025 | 476 sqft | 561,159 | 1,177 |
Sherena Residences 2
Building94 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
Other units on the 5th floor
All 94 units in Sherena Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 476 sqft | AED 577KAED 576,747 · Mar 2024March 2024 | ||
| 502 | Studio | 476 sqft | AED 440KAED 440,383 · Mar 2024March 2024 | ||
| 508 | 1-bed | 996 sqft | AED 811KAED 811,422 · Mar 2024March 2024 | ||
| 510 | 1-bed | 897 sqft | AED 731KAED 731,316 · Mar 2024March 2024 | ||
| 511 | 2-bed | 1,060 sqft | AED 941KAED 941,369 · Dec 2023December 2023 |
505, Sherena Residences 2 in numbers
- Sold once: by Rose Homes Investment on 26 January 2024 for AED 475,680, or AED 1,000 per sqft.
Source: Dubai Land Department. Updated 26 January 2024.
Questions about 505, Sherena Residences 2
What did unit 505 last sell for?
AED 475,680 on 26 January 2024, sold by the developer: AED 1,000 per sqft for 476 sqft. It is the only registered sale of the unit.
How big is unit 505?
476 sqft (44.2 sqm): a studio on the 5th floor of a 10-storey tower completed in 2022.
What is unit 505 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 505, Sherena Residences 2
Starts from the last sale price (AED 476K, 26 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 475,680
- Deposit, UAE resident (20%)
- AED 95,136
- Deposit, non-resident (40%)
- AED 190,272
- Monthly over 25 years at 3.7%
- AED 1,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →