508, 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.
Property timeline for 508, Sherena Residences 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 996 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Rose Homes Investment
- Completed
- 2022
- Last sold
- AED 811K · March 2024
- Building
- Sherena Residences 2
About 508, Sherena Residences 2
508 is a one-bedroom apartment of 996 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 811,422, or AED 815 per sqft, 4% below the AED 853 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Sherena Residences 2, and where 508 sits
All 22 1-beds →508 last sold in March 2024 at AED 815 per sqft, 4% below what one-beds in Sherena Residences 2 were fetching at the time (AED 853).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 897 sqft | 800,000 | 891 | ||
| 4 Dec 20244 December 2024 | 996 sqft | 811,422 | 815 | ||
| 31 Oct 202431 October 2024 | 897 sqft | 775,000 | 863 | ||
| 25 Sep 202425 September 2024 | 1,042 sqft | 1,020,000 | 978 |
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 | ||
| 505 | Studio | 476 sqft | AED 476KAED 475,680 · Jan 2024January 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 |
508, Sherena Residences 2 in numbers
- Sold once: by Rose Homes Investment on 1 March 2024 for AED 811,422, or AED 815 per sqft.
Source: Dubai Land Department. Updated 1 March 2024.
Questions about 508, Sherena Residences 2
What did unit 508 last sell for?
AED 811,422 on 1 March 2024, sold by the developer: AED 815 per sqft for 996 sqft. It is the only registered sale of the unit.
How big is unit 508?
996 sqft (92.5 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 508? Put it on the OpenOffers board
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Mortgage on 508, Sherena Residences 2
Starts from the last sale price (AED 811K, 1 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 811,422
- Deposit, UAE resident (20%)
- AED 162,284
- Deposit, non-resident (40%)
- AED 324,569
- Monthly over 25 years at 3.7%
- AED 3,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →