406, La Sirene Block 2
Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, La Sirene Block 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 7 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 804 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 1.96M · September 2021
- Building
- La Sirene Block 2
About 406, La Sirene Block 2
406 is a one-bedroom apartment of 804 sqft on the 4th floor of La Sirene Block 2, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . The developer sold it on 23 September 2021 for AED 1,961,000, or AED 2,440 per sqft, 6% above the AED 2,301 one-beds in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 7 August 2026, is AED 115,000 a year: a gross yield of 5.9% on the 2021 price.
Sales and rents for 406 over time
406 has sold once; 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 2, and where 406 sits
All 18 1-beds →406 last sold in September 2021 at AED 2,440 per sqft, 6% above what one-beds in La Sirene Block 2 were fetching at the time (AED 2,301). Over the last 12 months one-beds sold for AED 2,260,000, around AED 2,742 per sqft, and rent for AED 115,000 to 140,000 a year. 406's AED 115,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20258 December 2025 | 824 sqft | 2,260,000 | 2,742 | ||
| 12 May 202512 May 2025 | 803 sqft | 2,525,000 | 3,142 | ||
| 4 Apr 20254 April 2025 | 816 sqft | 2,700,000 | 3,308 | ||
| 21 Jan 202521 January 2025 | 798 sqft | 2,300,000 | 2,883 |
La Sirene Block 2
Building50 apartments, 1-bed to 4-bed over 6 floors in La Mer, completed in 2024 by PDLM Residential . 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,933
- Typical sale
- AED 3.02M
- Typical rent
- AED 180K /yr
- Typical yield
- 5.5%
Other units on the 4th floor
All 50 units in La Sirene Block 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 817 sqft | AED 2.53MAED 2,525,000 · Jul 2023July 2023 | ||
| 402 | 2-bed | 680 sqft | AED 4.1MAED 4,100,000 · Jul 2023July 2023 | 255,000 /yr | |
| 403 | 2-bed | 1,209 sqft | AED 3.6MAED 3,600,000 · Jun 2025June 2025 | ||
| 404 | 2-bed | 1,211 sqft | AED 3.1MAED 3,100,000 · Jun 2023June 2023 | 180,000 /yr | |
| 405 | 1-bed | 797 sqft | AED 1.94MAED 1,944,000 · Oct 2021October 2021 | ||
| 407 | 2-bed | 1,206 sqft | AED 2.78MAED 2,775,000 · Sep 2021September 2021 | 250,000 /yr | |
| 408 | 3-bed | 2,256 sqft | AED 6.08MAED 6,075,000 · Sep 2021September 2021 | ||
| 409 | 2-bed | 1,201 sqft | AED 2.72MAED 2,718,000 · Nov 2021November 2021 | 258,000 /yr |
406, La Sirene Block 2 in numbers
- Sold once: by PDLM Residential on 23 September 2021 for AED 1,961,000, or AED 2,440 per sqft.
- Rented since May 2025 on 4 Ejari contracts. The rent fell from AED 130,000 to AED 17,693 in 2026 and recovered to AED 115,000 by August 2026.
- At AED 115,000 a year the gross yield on the 2021 price is 5.9%.
- One-beds in La Sirene Block 2 sold for AED 2,260,000–2,260,000 in the 12 months to November 2026; the building's median across all types is AED 2,933 per sqft.
Source: Dubai Land Department. Updated 7 August 2026.
Questions about 406, La Sirene Block 2
What did unit 406 last sell for?
AED 1,961,000 on 23 September 2021, sold by the developer: AED 2,440 per sqft for 804 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 115,000 a year on the contract signed on 7 August 2026. The previous contract, from May 2026, was AED 17,693; the unit has been rented since May 2025.
How big is unit 406?
804 sqft (74.7 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 2 sold for AED 2,260,000 to 2,260,000 in the last 12 months, around AED 2,742 per sqft.
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Mortgage on 406, La Sirene Block 2
Starts from the last sale price (AED 1.96M, 23 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,961,000
- Deposit, UAE resident (20%)
- AED 392,200
- Deposit, non-resident (40%)
- AED 784,400
- Monthly over 25 years at 3.7%
- AED 8,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →