1-bed · 801 sqftLa Sirene Block 1, La Mer · 4th floor · completed 2024

406, La Sirene Block 1

Sold prices and rental history: sold twice, last in April 2025, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.23M30 April 2025
Current rentAED 110K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, La Sirene Block 1

What is 406 worth today?

Last sold for AED 2,230,000 in 2025

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1 Jul 2025RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
30 Apr 2025SoldReady
AED 2,230,000AED 2,784 per sqft
23 Sep 2021Sold by developerOff-plan
AED 1,659,000AED 2,071 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
4th of 6
Parking
A-057
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.23M · April 2025

About 406, La Sirene Block 1

406 is a one-bedroom apartment of 801 sqft on the 4th floor of La Sirene Block 1, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . It last sold on 30 April 2025 for AED 2,230,000, or AED 2,784 per sqft, in line with the AED 2,736 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2025. The current contract, signed on 1 July 2025, is AED 110,000 a year: a gross yield of 4.9% on the 2025 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in La Sirene Block 1
1.5M2M202120232025Typical sale price by year: 2021 AED 1,581,000; 2022 AED 1,850,000; 2023 AED 1,900,000; 2025 AED 2,230,000Sold by developer, September 2021: AED 1,659,000 (AED 2,071 per sqft)Sold, April 2025: AED 2,230,000 (AED 2,784 per sqft)

406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in La Sirene Block 1
110K115K120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 119,000; 2026 AED 120,000New contract, July 2025: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in La Sirene Block 1, and where 406 sits

All 35 1-beds →

406 last sold in April 2025 at AED 2,784 per sqft, in line with what one-beds in La Sirene Block 1 were fetching at the time (AED 2,736). Over the last 12 months one-beds sold for AED 2,050,000 to 2,300,000, around AED 2,622 per sqft, and rent for AED 104,439 to 145,000 a year. 406's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 20262,050,000
1 Jun 20262,100,000
10 Dec 20252,300,000
30 Jun 20252,250,000
3 1-bed sales in the last 12 months

La Sirene Block 1

Building

47 apartments, 1-bed to 6-bed over 6 floors in La Mer, completed in 2024 by PDLM Residential . 4 sold in the last 12 months.

Typical price per sqft
AED 2,726
Typical sale
AED 2.2M
Typical rent
AED 122K /yr
Typical yield
5.5%
La Sirene Block 1, La Mer: prices, sales and rents →

Other units on the 4th floor

All 47 units in La Sirene Block 1
Value
4012-bedAED 5.25M · Jun 2025
4021-bedAED 1.61M · Sep 2021
4031-bedAED 1.54M · Oct 2021
4041-bedAED 1.58M · Nov 2021
4051-bedAED 1.41M · Oct 2021
4071-bedAED 1.75M · Nov 2021
4083-bedAED 631K · Feb 2025

406, La Sirene Block 1 in numbers

  • Sold twice: first on 23 September 2021 for AED 1,659,000, last on 30 April 2025 for AED 2,230,000 (AED 2,784 per sqft).
  • Rented since July 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2025 price is 4.9%.
  • One-beds in La Sirene Block 1 sold for AED 2,050,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,726 per sqft.

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 406, La Sirene Block 1

What did unit 406 last sell for?

AED 2,230,000 on 30 April 2025: AED 2,784 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,659,000 in September 2021.

What is the rent for unit 406?

AED 110,000 a year on the contract signed on 1 July 2025.

How big is unit 406?

801 sqft (74.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2024.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Sirene Block 1 sold for AED 2,050,000 to 2,300,000 in the last 12 months, around AED 2,622 per sqft.

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Mortgage on 406, La Sirene Block 1

Starts from the last sale price (AED 2.23M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,230,000
Deposit, UAE resident (20%)
AED 446,000
Deposit, non-resident (40%)
AED 892,000
Monthly over 25 years at 3.7%
AED 9,124

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