506, La Sirene Block 3
Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from February 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 3
What is 506 worth today?
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Source: Dubai Land Department. Updated 3 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,211 sqft
- Floor
- 5th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 2.24M · September 2021
- Building
- La Sirene Block 3
About 506, La Sirene Block 3
506 is a two-bedroom apartment of 1,211 sqft on the 5th floor of La Sirene Block 3, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . The developer sold it on 26 September 2021 for AED 2,241,000, or AED 1,850 per sqft, 5% below the AED 1,952 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 February 2026. The current contract, signed on 3 February 2026, is AED 215,000 a year: a gross yield of 9.6% on the 2021 price.
Sales and rents for 506 over time
506 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 3, and where 506 sits
All 24 2-beds →506 last sold in September 2021 at AED 1,850 per sqft, 5% below what two-beds in La Sirene Block 3 were fetching at the time (AED 1,952). 506's AED 215,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202523 September 2025 | 1,209 sqft | 3,200,000 | 2,647 | ||
| 4 Jul 20254 July 2025 | 1,211 sqft | 4,000,000 | 3,302 | ||
| 4 Jun 20254 June 2025 | 1,209 sqft | 3,000,000 | 2,482 | ||
| 10 Mar 202510 March 2025 | 1,202 sqft | 4,190,000 | 3,486 |
La Sirene Block 3
Building51 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 3,946
- Typical sale
- AED 6.23M
- Typical rent
- AED 185K /yr
- Typical yield
- 3.9%
Other units on the 5th floor
All 51 units in La Sirene Block 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,202 sqft | AED 3.77MAED 3,770,000 · May 2024May 2024 | ||
| 502 | 4-bed | 3,210 sqft | AED 11.25MAED 11,250,000 · May 2024May 2024 | ||
| 503 | 1-bed | 802 sqft | AED 2.4MAED 2,400,000 · Jun 2025June 2025 | ||
| 504 | 1-bed | 797 sqft | AED 2MAED 2,000,000 · Nov 2024November 2024 | 70,000 /yr | |
| 505 | 1-bed | 797 sqft | AED 1.66MAED 1,656,000 · Nov 2021November 2021 | ||
| 507 | 2-bed | 1,209 sqft | AED 2.24MAED 2,237,000 · Nov 2021November 2021 | 170,000 /yr | |
| 508 | 3-bed | 2,035 sqft | AED 8.8MAED 8,800,000 · Apr 2025April 2025 |
506, La Sirene Block 3 in numbers
- Sold once: by PDLM Residential on 26 September 2021 for AED 2,241,000, or AED 1,850 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 215,000 a year.
- At AED 215,000 a year the gross yield on the 2021 price is 9.6%.
Source: Dubai Land Department. Updated 3 February 2026.
Questions about 506, La Sirene Block 3
What did unit 506 last sell for?
AED 2,241,000 on 26 September 2021, sold by the developer: AED 1,850 per sqft for 1,211 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 215,000 a year on the contract signed on 3 February 2026.
How big is unit 506?
1,211 sqft (112.5 sqm): a two-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.
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Mortgage on 506, La Sirene Block 3
Starts from the last sale price (AED 2.24M, 26 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,241,000
- Deposit, UAE resident (20%)
- AED 448,200
- Deposit, non-resident (40%)
- AED 896,400
- Monthly over 25 years at 3.7%
- AED 9,169
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →