511, Sherena Residences 2
Sold prices and rental history: sold once, by the developer in December 2023, 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 511, Sherena Residences 2
What is 511 worth today?
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Source: Dubai Land Department. Updated 19 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,060 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Rose Homes Investment
- Completed
- 2022
- Last sold
- AED 941K · December 2023
- Building
- Sherena Residences 2
About 511, Sherena Residences 2
511 is a two-bedroom apartment of 1,060 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 19 December 2023 for AED 941,369, or AED 887 per sqft, in line with the AED 887 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 511 over time
511 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Sherena Residences 2, and where 511 sits
All 14 2-beds →511 last sold in December 2023 at AED 887 per sqft, in line with what two-beds in Sherena Residences 2 were fetching at the time (AED 887).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jun 20246 June 2024 | 1,101 sqft | 880,000 | 799 | ||
| 29 Apr 202429 April 2024 | 1,101 sqft | 979,000 | 889 | ||
| 19 Apr 202419 April 2024 | 1,101 sqft | 978,000 | 888 | ||
| 21 Mar 202421 March 2024 | 1,060 sqft | 954,000 | 899 |
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 | ||
| 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, Sherena Residences 2 in numbers
- Sold once: by Rose Homes Investment on 19 December 2023 for AED 941,369, or AED 887 per sqft.
Source: Dubai Land Department. Updated 19 December 2023.
Questions about 511, Sherena Residences 2
What did unit 511 last sell for?
AED 941,369 on 19 December 2023, sold by the developer: AED 887 per sqft for 1,060 sqft. It is the only registered sale of the unit.
How big is unit 511?
1,060 sqft (98.5 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 511? Put it on the OpenOffers board
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Mortgage on 511, Sherena Residences 2
Starts from the last sale price (AED 941K, 19 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 941,369
- Deposit, UAE resident (20%)
- AED 188,274
- Deposit, non-resident (40%)
- AED 376,548
- Monthly over 25 years at 3.7%
- AED 3,851
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →