408, La Sirene Block 5
Sold prices and rental history: sold once, by the developer in January 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 408, La Sirene Block 5
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,279 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 2.72M · January 2022
- Building
- La Sirene Block 5
About 408, La Sirene Block 5
408 is a two-bedroom apartment of 1,279 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 24 January 2022 for AED 2,719,000, or AED 2,125 per sqft, in line with the AED 2,088 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 June 2026, is AED 195,000 a year: a gross yield of 7.2% on the 2022 price.
Sales and rents for 408 over time
408 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 5, and where 408 sits
All 18 2-beds →408 last sold in January 2022 at AED 2,125 per sqft, in line with what two-beds in La Sirene Block 5 were fetching at the time (AED 2,088). 408's AED 195,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20256 May 2025 | 1,216 sqft | 3,000,000 | 2,467 | ||
| 13 Mar 202513 March 2025 | 1,279 sqft | 3,750,000 | 2,931 | ||
| 12 Nov 202412 November 2024 | 1,279 sqft | 3,308,028 | 2,586 | ||
| 22 Oct 202422 October 2024 | 1,216 sqft | 3,550,000 | 2,920 |
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 | |
| 406 | 1-bed | 832 sqft | AED 1.62MAED 1,617,000 · Feb 2022February 2022 | 125,000 /yr | |
| 407 | 1-bed | 801 sqft | AED 2MAED 2,000,000 · Jun 2024June 2024 | 125,000 /yr |
408, La Sirene Block 5 in numbers
- Sold once: by PDLM Residential on 24 January 2022 for AED 2,719,000, or AED 2,125 per sqft.
- Rented since October 2025 on 2 Ejari contracts, from AED 210,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2022 price is 7.2%.
Source: Dubai Land Department. Updated 1 June 2026.
Questions about 408, La Sirene Block 5
What did unit 408 last sell for?
AED 2,719,000 on 24 January 2022, sold by the developer: AED 2,125 per sqft for 1,279 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 195,000 a year on the contract signed on 1 June 2026. The previous contract, from October 2025, was AED 210,000.
How big is unit 408?
1,279 sqft (118.8 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2024.
What is unit 408 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 408, La Sirene Block 5
Starts from the last sale price (AED 2.72M, 24 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,719,000
- Deposit, UAE resident (20%)
- AED 543,800
- Deposit, non-resident (40%)
- AED 1,087,600
- Monthly over 25 years at 3.7%
- AED 11,124
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →