506, La Sirene Block 2
Sold prices and rental history: sold once, by the developer in November 2021, and rented once, from May 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 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 22 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 5th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 1.92M · November 2021
- Building
- La Sirene Block 2
About 506, La Sirene Block 2
506 is a one-bedroom apartment of 826 sqft on the 5th floor of La Sirene Block 2, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . The developer sold it on 18 November 2021 for AED 1,923,000, or AED 2,327 per sqft, in line with the AED 2,306 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 May 2026. The current contract, signed on 22 May 2026, is AED 135,000 a year: a gross yield of 7.0% on the 2021 price.
Sales and rents for 506 over time
506 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 506 sits
All 18 1-beds →506 last sold in November 2021 at AED 2,327 per sqft, in line with what one-beds in La Sirene Block 2 were fetching at the time (AED 2,306). 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. 506's AED 135,000 is in the upper half 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 5th floor
All 50 units in La Sirene Block 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,031 sqft | AED 7.16MAED 7,155,000 · Jan 2024January 2024 | ||
| 502 | 2-bed | 1,209 sqft | AED 2.4MAED 2,395,000 · Oct 2021October 2021 | 180,000 /yr | |
| 503 | 2-bed | 1,210 sqft | AED 3MAED 3,000,000 · Oct 2024October 2024 | 210,000 /yr | |
| 504 | 1-bed | 797 sqft | AED 2.25MAED 2,250,000 · Jun 2023June 2023 | ||
| 505 | 1-bed | 803 sqft | AED 2.53MAED 2,525,000 · May 2025May 2025 | ||
| 507 | 4-bed | 2,586 sqft | AED 10.2MAED 10,200,000 · May 2024May 2024 | ||
| 508 | 2-bed | 1,201 sqft | AED 4.15MAED 4,150,000 · Mar 2025March 2025 |
506, La Sirene Block 2 in numbers
- Sold once: by PDLM Residential on 18 November 2021 for AED 1,923,000, or AED 2,327 per sqft.
- Rented since May 2026 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2021 price is 7.0%.
- 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 22 May 2026.
Questions about 506, La Sirene Block 2
What did unit 506 last sell for?
AED 1,923,000 on 18 November 2021, sold by the developer: AED 2,327 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 135,000 a year on the contract signed on 22 May 2026.
How big is unit 506?
826 sqft (76.7 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 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 506, La Sirene Block 2
Starts from the last sale price (AED 1.92M, 18 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,923,000
- Deposit, UAE resident (20%)
- AED 384,600
- Deposit, non-resident (40%)
- AED 769,200
- Monthly over 25 years at 3.7%
- AED 7,868
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →