1-bed · 781 sqftLa Sirene Block 1, La Mer · 5th floor · completed 2024

505, La Sirene Block 1

Sold prices and rental history: sold twice, last in December 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 17 April 2026
Last soldAED 2.01M29 December 2022
Current rentAED 104K /yr17 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, La Sirene Block 1

What is 505 worth today?

Last sold for AED 2,010,000 in 2022

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17 Apr 2026RentedRenewal
AED 104,439/yr6 months · AED 135 per sqft
18 Apr 2025RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
18 Apr 2025RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
29 Dec 2022SoldOff-plan
AED 2,010,000AED 2,573 per sqft
6 Dec 2021Sold by developerOff-plan
AED 1,535,000AED 1,965 per sqft

Source: Dubai Land Department. Updated 17 April 2026.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.01M · December 2022

About 505, La Sirene Block 1

505 is a one-bedroom apartment of 781 sqft on the 5th floor of La Sirene Block 1, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . It last sold on 29 December 2022 for AED 2,010,000, or AED 2,573 per sqft, in line with the AED 2,573 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 17 April 2026, is AED 104,439 a year: a gross yield of 5.2% on the 2022 price.

Sales and rents for 505 over time

Sales
Unit 505, 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, December 2021: AED 1,535,000 (AED 1,965 per sqft)Sold, December 2022: AED 2,010,000 (AED 2,573 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in La Sirene Block 1
100K110K120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 119,000; 2026 AED 120,000New contract, April 2025: AED 100,000 a yearNew contract, April 2025: AED 100,000 a yearRenewal, April 2026: AED 104,439 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 505 sits

All 35 1-beds →

505 last sold in December 2022 at AED 2,573 per sqft, in line with what one-beds in La Sirene Block 1 were fetching at the time (AED 2,573). 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. 505's AED 104,439 is at the bottom 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 5th floor

All 47 units in La Sirene Block 1
Value
5012-bedAED 3.25M · Sep 2022
5021-bedAED 2.25M · Jun 2025
5031-bedAED 2.33M · Feb 2025
5041-bedAED 2.1M · Feb 2025
5061-bedAED 2.4M · May 2024
5071-bedAED 1.83M · Sep 2021
5083-bedAED 5.92M · Sep 2021

505, La Sirene Block 1 in numbers

  • Sold twice: first on 6 December 2021 for AED 1,535,000, last on 29 December 2022 for AED 2,010,000 (AED 2,573 per sqft).
  • Rented since April 2025 on 3 Ejari contracts, from AED 100,000 to AED 104,439 a year.
  • At AED 104,439 a year the gross yield on the 2022 price is 5.2%.
  • 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 17 April 2026.

Questions about 505, La Sirene Block 1

What did unit 505 last sell for?

AED 2,010,000 on 29 December 2022: AED 2,573 per sqft for 781 sqft. The unit has 2 registered sales; the first was AED 1,535,000 in December 2021.

What is the rent for unit 505?

AED 104,439 a year on the contract renewed on 17 April 2026. The previous contract, from April 2025, was AED 100,000; the unit has been rented since April 2025.

How big is unit 505?

781 sqft (72.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.

What is unit 505 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 505, La Sirene Block 1

Starts from the last sale price (AED 2.01M, 29 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,010,000
Deposit, UAE resident (20%)
AED 402,000
Deposit, non-resident (40%)
AED 804,000
Monthly over 25 years at 3.7%
AED 8,224

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