407, La Sirene Block 2
Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, La Sirene Block 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 2 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,206 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 2.78M · September 2021
- Building
- La Sirene Block 2
About 407, La Sirene Block 2
407 is a two-bedroom apartment of 1,206 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 29 September 2021 for AED 2,775,000, or AED 2,300 per sqft, 11% above the AED 2,077 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 2 June 2026, is AED 250,000 a year: a gross yield of 9.0% on the 2021 price.
Sales and rents for 407 over time
407 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in La Sirene Block 2, and where 407 sits
All 25 2-beds →407 last sold in September 2021 at AED 2,300 per sqft, 11% above what two-beds in La Sirene Block 2 were fetching at the time (AED 2,077). Over the last 12 months two-beds sold for AED 3,775,000, around AED 3,123 per sqft, and rent for AED 160,000 to 258,000 a year. 407's AED 250,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Sep 202615 September 2026 | 1,208 sqft | 3,775,000 | 3,123 | ||
| 19 Jun 202519 June 2025 | 1,209 sqft | 3,600,000 | 2,978 | ||
| 5 May 20255 May 2025 | 1,361 sqft | 4,650,000 | 3,416 | ||
| 7 Mar 20257 March 2025 | 1,201 sqft | 4,150,000 | 3,455 |
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 | ||
| 406 | 1-bed | 804 sqft | AED 1.96MAED 1,961,000 · Sep 2021September 2021 | 115,000 /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 |
407, La Sirene Block 2 in numbers
- Sold once: by PDLM Residential on 29 September 2021 for AED 2,775,000, or AED 2,300 per sqft.
- Rented since June 2025 on 3 Ejari contracts, at AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2021 price is 9.0%.
- Two-beds in La Sirene Block 2 sold for AED 3,775,000–3,775,000 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 2 June 2026.
Questions about 407, La Sirene Block 2
What did unit 407 last sell for?
AED 2,775,000 on 29 September 2021, sold by the developer: AED 2,300 per sqft for 1,206 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 250,000 a year on the contract renewed on 2 June 2026. The previous contract, from June 2025, was AED 250,000; the unit has been rented since June 2025.
How big is unit 407?
1,206 sqft (112.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2024.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in La Sirene Block 2 sold for AED 3,775,000 to 3,775,000 in the last 12 months, around AED 3,123 per sqft.
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Mortgage on 407, La Sirene Block 2
Starts from the last sale price (AED 2.78M, 29 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,775,000
- Deposit, UAE resident (20%)
- AED 555,000
- Deposit, non-resident (40%)
- AED 1,110,000
- Monthly over 25 years at 3.7%
- AED 11,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →