2-bed · 1,203 sqftLa Sirene Block 4, La Mer · 5th floor · completed 2024

506, La Sirene Block 4

Sold prices and rental history: sold twice, last in June 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 3.85M26 June 2024
Current rentAED 342K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, La Sirene Block 4

What is 506 worth today?

Last sold for AED 3,850,000 in 2024

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7 Sep 2026RentedNew contract
AED 342,188/yr13 months · AED 286 per sqft
26 Jun 2024SoldOff-plan
AED 3,850,000AED 3,200 per sqft
7 Mar 2022Sold by developerOff-plan
AED 2,257,000AED 1,876 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
2-bed apartment
Size
1,203 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 3.85M · June 2024

About 506, La Sirene Block 4

506 is a two-bedroom apartment of 1,203 sqft on the 5th floor of La Sirene Block 4, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . It last sold on 26 June 2024 for AED 3,850,000, or AED 3,200 per sqft, 35% above the AED 2,374 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 September 2026. The current contract, signed on 7 September 2026, is AED 342,188 a year: a gross yield of 8.9% on the 2024 price.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in La Sirene Block 4
2M3M4M20222023202420252026Typical sale price by year: 2022 AED 2,638,000; 2024 AED 3,250,000; 2025 AED 3,500,000Sold by developer, March 2022: AED 2,257,000 (AED 1,876 per sqft)Sold, June 2024: AED 3,850,000 (AED 3,200 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in La Sirene Block 4
200K300K202520262027Typical rent by year: 2025 AED 220,000; 2026 AED 195,925New contract, September 2026: AED 342,188 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 4, and where 506 sits

All 25 2-beds →

506 last sold in June 2024 at AED 3,200 per sqft, 35% above what two-beds in La Sirene Block 4 were fetching at the time (AED 2,374). Over the last 12 months two-beds sold for AED 3,250,000 to 3,650,000, around AED 2,795 per sqft, and rent for AED 95,000 to 342,188 a year. 506's AED 342,188 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20263,650,000
12 Dec 20253,350,000
25 Nov 20253,250,000
15 Jul 20253,650,000
3 2-bed sales in the last 12 months

La Sirene Block 4

Building

40 apartments, 1-bed to 3-bed over 6 floors in La Mer, completed in 2024 by PDLM Residential . 6 sold in the last 12 months.

Typical price per sqft
AED 2,842
Typical sale
AED 2.83M
Typical rent
AED 160K /yr
Typical yield
5.5%
La Sirene Block 4, La Mer: prices, sales and rents →

Other units on the 5th floor

All 40 units in La Sirene Block 4
Value
5013-bedAED 5.1M · Jan 2022
5022-bedAED 2.78M · Feb 2022
5031-bedAED 2.4M · Jan 2026
5042-bedAED 3.35M · Dec 2025
5051-bedAED 1.45M · Mar 2022

506, La Sirene Block 4 in numbers

  • Sold twice: first on 7 March 2022 for AED 2,257,000, last on 26 June 2024 for AED 3,850,000 (AED 3,200 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 342,188 a year.
  • At AED 342,188 a year the gross yield on the 2024 price is 8.9%.
  • Two-beds in La Sirene Block 4 sold for AED 3,250,000–3,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,842 per sqft.

Source: Dubai Land Department. Updated 7 September 2026.

Questions about 506, La Sirene Block 4

What did unit 506 last sell for?

AED 3,850,000 on 26 June 2024: AED 3,200 per sqft for 1,203 sqft. The unit has 2 registered sales; the first was AED 2,257,000 in March 2022.

What is the rent for unit 506?

AED 342,188 a year on the contract signed on 7 September 2026.

How big is unit 506?

1,203 sqft (111.8 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. Two-beds in La Sirene Block 4 sold for AED 3,250,000 to 3,650,000 in the last 12 months, around AED 2,795 per sqft.

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Mortgage on 506, La Sirene Block 4

Starts from the last sale price (AED 3.85M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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