2-bed · 1,204 sqftLa Sirene Block 5, La Mer · 5th floor · completed 2024

501, La Sirene Block 5

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 2.66M4 March 2022
Current rentAED 225K /yr4 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, La Sirene Block 5

What is 501 worth today?

Last sold for AED 2,655,000 in 2022

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4 Sep 2025RentedNew contract
AED 225,000/yr12 months · AED 187 per sqft
4 Mar 2022Sold by developerOff-plan
AED 2,655,000AED 2,205 per sqft

Source: Dubai Land Department. Updated 4 September 2025.

Key facts

Type
2-bed apartment
Size
1,204 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.66M · March 2022

About 501, La Sirene Block 5

501 is a two-bedroom apartment of 1,204 sqft on the 5th floor of La Sirene Block 5, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . The developer sold it on 4 March 2022 for AED 2,655,000, or AED 2,205 per sqft, in line with the AED 2,185 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 September 2025. The current contract, signed on 4 September 2025, is AED 225,000 a year: a gross yield of 8.5% on the 2022 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in La Sirene Block 5
3M2022202320242025Typical sale price by year: 2022 AED 2,655,000; 2024 AED 3,350,000Sold by developer, March 2022: AED 2,655,000 (AED 2,205 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in La Sirene Block 5
200K220K202520262027Typical rent by year: 2025 AED 210,000; 2026 AED 197,500New contract, September 2025: AED 225,000 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 5, and where 501 sits

All 18 2-beds →

501 last sold in March 2022 at AED 2,205 per sqft, in line with what two-beds in La Sirene Block 5 were fetching at the time (AED 2,185). 501's AED 225,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 May 20253,000,000
13 Mar 20253,750,000
12 Nov 20243,308,028
22 Oct 20243,550,000
0 2-bed sales in the last 12 months

La Sirene Block 5

Building

45 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%
La Sirene Block 5, La Mer: prices, sales and rents →

Other units on the 5th floor

All 45 units in La Sirene Block 5
Value
5021-bedAED 1.99M · Jan 2025
5032-bedAED 2.79M · Jan 2022
5041-bedAED 1.92M · Jan 2022
5051-bedAED 1.71M · Jan 2022
5061-bedAED 1.7M · Nov 2022
5071-bedAED 1.98M · Jan 2022
5082-bedAED 2.95M · Nov 2022

501, La Sirene Block 5 in numbers

  • Sold once: by PDLM Residential on 4 March 2022 for AED 2,655,000, or AED 2,205 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2022 price is 8.5%.

Source: Dubai Land Department. Updated 4 September 2025.

Questions about 501, La Sirene Block 5

What did unit 501 last sell for?

AED 2,655,000 on 4 March 2022, sold by the developer: AED 2,205 per sqft for 1,204 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 225,000 a year on the contract signed on 4 September 2025.

How big is unit 501?

1,204 sqft (111.9 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.

What is unit 501 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 501, La Sirene Block 5

Starts from the last sale price (AED 2.66M, 4 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,655,000
Deposit, UAE resident (20%)
AED 531,000
Deposit, non-resident (40%)
AED 1,062,000
Monthly over 25 years at 3.7%
AED 10,862

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