2-bed · 1,201 sqftLa Sirene Block 2, La Mer · 4th floor · completed 2024

409, La Sirene Block 2

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

Unit 409 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 2.72M3 November 2021
Current rentAED 258K /yr18 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, La Sirene Block 2

What is 409 worth today?

Last sold for AED 2,718,000 in 2021

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18 Aug 2026RentedNew contract
AED 258,000/yr12 months · AED 215 per sqft
3 Nov 2021Sold by developerOff-plan
AED 2,718,000AED 2,263 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
4th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.72M · November 2021

About 409, La Sirene Block 2

409 is a two-bedroom apartment of 1,201 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 3 November 2021 for AED 2,718,000, or AED 2,263 per sqft, 10% above the AED 2,048 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 August 2026. The current contract, signed on 18 August 2026, is AED 258,000 a year: a gross yield of 9.5% on the 2021 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in La Sirene Block 2
3M4M202120232025Typical sale price by year: 2021 AED 2,511,000; 2023 AED 3,100,000; 2024 AED 3,650,000; 2025 AED 4,225,000Sold by developer, November 2021: AED 2,718,000 (AED 2,263 per sqft)

409 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 409, each contractTypical two-bed in La Sirene Block 2
200K250K2024202520262027Typical rent by year: 2024 AED 215,000; 2025 AED 205,000; 2026 AED 200,000New contract, August 2026: AED 258,000 a year

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 409 sits

All 25 2-beds →

409 last sold in November 2021 at AED 2,263 per sqft, 10% above what two-beds in La Sirene Block 2 were fetching at the time (AED 2,048). 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. 409's AED 258,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Sep 20263,775,000
19 Jun 20253,600,000
5 May 20254,650,000
7 Mar 20254,150,000
1 2-bed sale in the last 12 months

La Sirene Block 2

Building

50 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%
La Sirene Block 2, La Mer: prices, sales and rents →

Other units on the 4th floor

All 50 units in La Sirene Block 2
Value
4011-bedAED 2.53M · Jul 2023
4022-bedAED 4.1M · Jul 2023
4032-bedAED 3.6M · Jun 2025
4042-bedAED 3.1M · Jun 2023
4051-bedAED 1.94M · Oct 2021
4061-bedAED 1.96M · Sep 2021
4072-bedAED 2.78M · Sep 2021
1–7 of 8

409, La Sirene Block 2 in numbers

  • Sold once: by PDLM Residential on 3 November 2021 for AED 2,718,000, or AED 2,263 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 258,000 a year.
  • At AED 258,000 a year the gross yield on the 2021 price is 9.5%.
  • 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 18 August 2026.

Questions about 409, La Sirene Block 2

What did unit 409 last sell for?

AED 2,718,000 on 3 November 2021, sold by the developer: AED 2,263 per sqft for 1,201 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 258,000 a year on the contract signed on 18 August 2026.

How big is unit 409?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2024.

What is unit 409 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 409, La Sirene Block 2

Starts from the last sale price (AED 2.72M, 3 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,718,000
Deposit, UAE resident (20%)
AED 543,600
Deposit, non-resident (40%)
AED 1,087,200
Monthly over 25 years at 3.7%
AED 11,120

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