3-bed · 2,229 sqftLa Sirene Block 1, La Mer · 5th floor · completed 2024

508, La Sirene Block 1

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 24 January 2026
Last soldAED 5.92M12 September 2021
Current rentAED 410K /yr24 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, La Sirene Block 1

What is 508 worth today?

Last sold for AED 5,919,000 in 2021

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24 Jan 2026RentedNew contract
AED 410,000/yr12 months · AED 184 per sqft
12 Sep 2021Sold by developerOff-plan
AED 5,919,000AED 2,654 per sqft

Source: Dubai Land Department. Updated 24 January 2026.

Key facts

Type
3-bed apartment
Size
2,229 sqft
Floor
5th of 6
Parking
2
Developer
PDLM Residential
Completed
2024
Last sold
AED 5.92M · September 2021

About 508, La Sirene Block 1

508 is a three-bedroom apartment of 2,229 sqft on the 5th floor of La Sirene Block 1, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . The developer sold it on 12 September 2021 for AED 5,919,000, or AED 2,654 per sqft, 5% above the AED 2,539 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 January 2026. The current contract, signed on 24 January 2026, is AED 410,000 a year: a gross yield of 6.9% on the 2021 price.

3-beds in La Sirene Block 1, and where 508 sits

All 4 3-beds →

508 last sold in September 2021 at AED 2,654 per sqft, 5% above what three-beds in La Sirene Block 1 were fetching at the time (AED 2,539).

Recent 3-bed salesUnit no.Price (AED)Summary
5 Mar 20257,500,000
20 Feb 2025631,309
25 Dec 20247,427,175
26 Sep 20215,658,000
0 3-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
5051-bedAED 2.01M · Dec 2022
5061-bedAED 2.4M · May 2024
5071-bedAED 1.83M · Sep 2021

508, La Sirene Block 1 in numbers

  • Sold once: by PDLM Residential on 12 September 2021 for AED 5,919,000, or AED 2,654 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 410,000 a year.
  • At AED 410,000 a year the gross yield on the 2021 price is 6.9%.

Source: Dubai Land Department. Updated 24 January 2026.

Questions about 508, La Sirene Block 1

What did unit 508 last sell for?

AED 5,919,000 on 12 September 2021, sold by the developer: AED 2,654 per sqft for 2,229 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 410,000 a year on the contract signed on 24 January 2026.

How big is unit 508?

2,229 sqft (207.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 508, La Sirene Block 1

Starts from the last sale price (AED 5.92M, 12 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,919,000
Deposit, UAE resident (20%)
AED 1,183,800
Deposit, non-resident (40%)
AED 2,367,600
Monthly over 25 years at 3.7%
AED 24,216

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