406, La Sirene Block 5
Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, La Sirene Block 5
What is 406 worth today?
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Source: Dubai Land Department. Updated 10 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 1.62M · February 2022
- Building
- La Sirene Block 5
About 406, La Sirene Block 5
406 is a one-bedroom apartment of 832 sqft on the 4th floor of La Sirene Block 5, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . The developer sold it on 11 February 2022 for AED 1,617,000, or AED 1,942 per sqft, 10% below the AED 2,162 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 125,000 a year: a gross yield of 7.7% on the 2022 price.
Sales and rents for 406 over time
406 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 5, and where 406 sits
All 26 1-beds →406 last sold in February 2022 at AED 1,942 per sqft, 10% below what one-beds in La Sirene Block 5 were fetching at the time (AED 2,162). Over the last 12 months one-beds sold for AED 2,140,000 to 2,380,000, around AED 2,809 per sqft, and rent for AED 95,000 to 145,000 a year. 406's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 834 sqft | 2,140,000 | 2,564 | ||
| 30 Dec 202530 December 2025 | 779 sqft | 2,380,000 | 3,053 | ||
| 16 May 202516 May 2025 | 779 sqft | 2,300,000 | 2,950 | ||
| 28 Apr 202528 April 2025 | 801 sqft | 2,350,000 | 2,932 |
La Sirene Block 5
Building45 apartments, 1-bed to 3-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 2,809
- Typical sale
- AED 2.26M
- Typical rent
- AED 135K /yr
- Typical yield
- 5.4%
Other units on the 4th floor
All 45 units in La Sirene Block 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 602 sqft | AED 1.96MAED 1,955,000 · Mar 2023March 2023 | ||
| 402 | 1-bed | 685 sqft | AED 1.4MAED 1,401,000 · Jan 2022January 2022 | 115,000 /yr | |
| 403 | 2-bed | 1,216 sqft | AED 2.69MAED 2,685,000 · Jan 2022January 2022 | ||
| 404 | 1-bed | 779 sqft | AED 1.85MAED 1,852,000 · Apr 2022April 2022 | ||
| 405 | 1-bed | 834 sqft | AED 2.3MAED 2,300,000 · Dec 2024December 2024 | 115,000 /yr | |
| 407 | 1-bed | 801 sqft | AED 2MAED 2,000,000 · Jun 2024June 2024 | 125,000 /yr | |
| 408 | 2-bed | 1,279 sqft | AED 2.72MAED 2,719,000 · Jan 2022January 2022 | 195,000 /yr |
406, La Sirene Block 5 in numbers
- Sold once: by PDLM Residential on 11 February 2022 for AED 1,617,000, or AED 1,942 per sqft.
- Rented since April 2025 on 3 Ejari contracts, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2022 price is 7.7%.
- One-beds in La Sirene Block 5 sold for AED 2,140,000–2,380,000 in the 12 months to November 2026; the building's median across all types is AED 2,809 per sqft.
Source: Dubai Land Department. Updated 10 April 2026.
Questions about 406, La Sirene Block 5
What did unit 406 last sell for?
AED 1,617,000 on 11 February 2022, sold by the developer: AED 1,942 per sqft for 832 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 125,000 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 125,000; the unit has been rented since April 2025.
How big is unit 406?
832 sqft (77.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2024.
What is unit 406 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 5 sold for AED 2,140,000 to 2,380,000 in the last 12 months, around AED 2,809 per sqft.
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Mortgage on 406, La Sirene Block 5
Starts from the last sale price (AED 1.62M, 11 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,617,000
- Deposit, UAE resident (20%)
- AED 323,400
- Deposit, non-resident (40%)
- AED 646,800
- Monthly over 25 years at 3.7%
- AED 6,616
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →