1-bed · 832 sqftLa Sirene Block 5, La Mer · 5th floor · completed 2024

506, La Sirene Block 5

Sold prices and rental history: sold twice, last in November 2022, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 4 April 2026
Last soldAED 1.7M2 November 2022
Current rentAED 135K /yr4 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, La Sirene Block 5

What is 506 worth today?

Last sold for AED 1,700,000 in 2022

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4 Apr 2026RentedNew contract
AED 135,000/yr12 months · AED 163 per sqft
2 Nov 2022SoldOff-plan
AED 1,700,000AED 2,042 per sqft
4 Mar 2022Sold by developerOff-plan
AED 1,680,000AED 2,018 per sqft

Source: Dubai Land Department. Updated 4 April 2026.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 1.7M · November 2022

About 506, La Sirene Block 5

506 is a one-bedroom apartment of 832 sqft on the 5th floor of La Sirene Block 5, a 6-storey tower in La Mer completed in 2024 by PDLM Residential . It last sold on 2 November 2022 for AED 1,700,000, or AED 2,042 per sqft, in line with the AED 2,103 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 April 2026. The current contract, signed on 4 April 2026, is AED 135,000 a year: a gross yield of 7.9% on the 2022 price.

Sales and rents for 506 over time

Sales
Unit 506, 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, March 2022: AED 1,680,000 (AED 2,018 per sqft)Sold, November 2022: AED 1,700,000 (AED 2,042 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in La Sirene Block 5
120K130K202520262027Typical rent by year: 2025 AED 115,000; 2026 AED 115,000New contract, April 2026: AED 135,000 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 506 sits

All 26 1-beds →

506 last sold in November 2022 at AED 2,042 per sqft, in line with what one-beds in La Sirene Block 5 were fetching at the time (AED 2,103). 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. 506's AED 135,000 is in the upper 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
5051-bedAED 1.71M · Jan 2022
5071-bedAED 1.98M · Jan 2022
5082-bedAED 2.95M · Nov 2022

506, La Sirene Block 5 in numbers

  • Sold twice: first on 4 March 2022 for AED 1,680,000, last on 2 November 2022 for AED 1,700,000 (AED 2,042 per sqft).
  • Rented since April 2026 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 7.9%.
  • 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 4 April 2026.

Questions about 506, La Sirene Block 5

What did unit 506 last sell for?

AED 1,700,000 on 2 November 2022: AED 2,042 per sqft for 832 sqft. The unit has 2 registered sales; the first was AED 1,680,000 in March 2022.

What is the rent for unit 506?

AED 135,000 a year on the contract signed on 4 April 2026.

How big is unit 506?

832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.

What is unit 506 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 506, La Sirene Block 5

Starts from the last sale price (AED 1.7M, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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