1-bed · 833 sqftLa Sirene Block 5, La Mer · 5th floor · completed 2024

505, La Sirene Block 5

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

Unit 505 · DLD and Ejari recordsUpdated 27 August 2025
Last soldAED 1.71M24 January 2022
Current rentAED 116K /yr27 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, La Sirene Block 5

What is 505 worth today?

Last sold for AED 1,714,000 in 2022

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27 Aug 2025RentedNew contract
AED 116,000/yr12 months · AED 140 per sqft
24 Jan 2022Sold by developerOff-plan
AED 1,714,000AED 2,058 per sqft

Source: Dubai Land Department. Updated 27 August 2025.

Key facts

Type
1-bed apartment
Size
833 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 1.71M · January 2022

About 505, La Sirene Block 5

505 is a one-bedroom apartment of 833 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 24 January 2022 for AED 1,714,000, or AED 2,058 per sqft, 6% below the AED 2,197 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 August 2025. The current contract, signed on 27 August 2025, is AED 116,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in La Sirene Block 5
2M20222023202420252026Typical sale price by year: 2022 AED 1,700,000; 2024 AED 2,000,000; 2025 AED 2,275,000Sold by developer, January 2022: AED 1,714,000 (AED 2,058 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in La Sirene Block 5
115K116K116K202520262027Typical rent by year: 2025 AED 115,000; 2026 AED 115,000New contract, August 2025: AED 116,000 a year

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 505 sits

All 26 1-beds →

505 last sold in January 2022 at AED 2,058 per sqft, 6% below what one-beds in La Sirene Block 5 were fetching at the time (AED 2,197). 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. 505's AED 116,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 20262,140,000
30 Dec 20252,380,000
16 May 20252,300,000
28 Apr 20252,350,000
2 1-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
5032-bedAED 2.79M · Jan 2022
5041-bedAED 1.92M · Jan 2022
5061-bedAED 1.7M · Nov 2022
5071-bedAED 1.98M · Jan 2022
5082-bedAED 2.95M · Nov 2022

505, La Sirene Block 5 in numbers

  • Sold once: by PDLM Residential on 24 January 2022 for AED 1,714,000, or AED 2,058 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 116,000 a year.
  • At AED 116,000 a year the gross yield on the 2022 price is 6.8%.
  • 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 27 August 2025.

Questions about 505, La Sirene Block 5

What did unit 505 last sell for?

AED 1,714,000 on 24 January 2022, sold by the developer: AED 2,058 per sqft for 833 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 116,000 a year on the contract signed on 27 August 2025.

How big is unit 505?

833 sqft (77.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.

What is unit 505 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 505, La Sirene Block 5

Starts from the last sale price (AED 1.71M, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,714,000
Deposit, UAE resident (20%)
AED 342,800
Deposit, non-resident (40%)
AED 685,600
Monthly over 25 years at 3.7%
AED 7,013

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