2-bed · 1,216 sqftLa Sirene Block 5, La Mer · 5th floor · completed 2024

503, 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.

Unit 503 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 2.79M25 January 2022
Current rentAED 200K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, La Sirene Block 5

What is 503 worth today?

Last sold for AED 2,786,000 in 2022

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1 Oct 2026RentedNew contract
AED 200,000/yr12 months · AED 165 per sqft
18 Jul 2025RentedNew contract
AED 287,626/yr14 months · AED 237 per sqft
25 Jan 2022Sold by developerOff-plan
AED 2,786,000AED 2,291 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.79M · January 2022

About 503, La Sirene Block 5

503 is a two-bedroom apartment of 1,216 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 25 January 2022 for AED 2,786,000, or AED 2,291 per sqft, 7% above the AED 2,148 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 October 2026, is AED 200,000 a year: a gross yield of 7.2% on the 2022 price.

Sales and rents for 503 over time

Sales
Unit 503, 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, January 2022: AED 2,786,000 (AED 2,291 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in La Sirene Block 5
200K250K300K202520262027Typical rent by year: 2025 AED 210,000; 2026 AED 197,500New contract, July 2025: AED 287,626 a yearNew contract, October 2026: AED 200,000 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 503 sits

All 18 2-beds →

503 last sold in January 2022 at AED 2,291 per sqft, 7% above what two-beds in La Sirene Block 5 were fetching at the time (AED 2,148). 503's AED 200,000 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
5012-bedAED 2.66M · Mar 2022
5021-bedAED 1.99M · Jan 2025
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

503, La Sirene Block 5 in numbers

  • Sold once: by PDLM Residential on 25 January 2022 for AED 2,786,000, or AED 2,291 per sqft.
  • Rented since July 2025 on 2 Ejari contracts, from AED 287,626 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 7.2%.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 503, La Sirene Block 5

What did unit 503 last sell for?

AED 2,786,000 on 25 January 2022, sold by the developer: AED 2,291 per sqft for 1,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 200,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2025, was AED 287,626.

How big is unit 503?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.

What is unit 503 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 503, La Sirene Block 5

Starts from the last sale price (AED 2.79M, 25 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,786,000
Deposit, UAE resident (20%)
AED 557,200
Deposit, non-resident (40%)
AED 1,114,400
Monthly over 25 years at 3.7%
AED 11,398

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