506, La Sirene Block 1
Sold prices and rental history: sold twice, last in May 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, La Sirene Block 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 5th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 2.4M · May 2024
- Building
- La Sirene Block 1
About 506, La Sirene Block 1
506 is a one-bedroom apartment of 801 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 9 May 2024 for AED 2,400,000, or AED 2,996 per sqft, 29% above the AED 2,328 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 July 2026. The current contract, signed on 15 July 2026, is AED 105,000 a year: a gross yield of 4.4% on the 2024 price.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 35 1-beds →506 last sold in May 2024 at AED 2,996 per sqft, 29% above what one-beds in La Sirene Block 1 were fetching at the time (AED 2,328). 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. 506's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 802 sqft | 2,050,000 | 2,554 | ||
| 1 Jun 20261 June 2026 | 801 sqft | 2,100,000 | 2,622 | ||
| 10 Dec 202510 December 2025 | 813 sqft | 2,300,000 | 2,829 | ||
| 30 Jun 202530 June 2025 | 696 sqft | 2,250,000 | 3,231 |
La Sirene Block 1
Building47 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%
Other units on the 5th floor
All 47 units in La Sirene Block 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,277 sqft | AED 3.25MAED 3,250,000 · Sep 2022September 2022 | 275,000 /yr | |
| 502 | 1-bed | 696 sqft | AED 2.25MAED 2,250,000 · Jun 2025June 2025 | ||
| 503 | 1-bed | 792 sqft | AED 2.33MAED 2,325,000 · Feb 2025February 2025 | 120,000 /yr | |
| 504 | 1-bed | 802 sqft | AED 2.1MAED 2,100,000 · Feb 2025February 2025 | ||
| 505 | 1-bed | 781 sqft | AED 2.01MAED 2,010,000 · Dec 2022December 2022 | 104,439 /yr | |
| 507 | 1-bed | 813 sqft | AED 1.83MAED 1,828,000 · Sep 2021September 2021 | ||
| 508 | 3-bed | 2,229 sqft | AED 5.92MAED 5,919,000 · Sep 2021September 2021 | 410,000 /yr |
506, La Sirene Block 1 in numbers
- Sold twice: first on 29 September 2021 for AED 1,739,000, last on 9 May 2024 for AED 2,400,000 (AED 2,996 per sqft).
- Rented since July 2026 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 4.4%.
- 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 15 July 2026.
Questions about 506, La Sirene Block 1
What did unit 506 last sell for?
AED 2,400,000 on 9 May 2024: AED 2,996 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,739,000 in September 2021.
What is the rent for unit 506?
AED 105,000 a year on the contract signed on 15 July 2026.
How big is unit 506?
801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.
What is unit 506 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 506, La Sirene Block 1
Starts from the last sale price (AED 2.4M, 9 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →