1-bed · 792 sqftLa Sirene Block 1, La Mer · 5th floor · completed 2024

503, La Sirene Block 1

Sold prices and rental history: sold 3 times, last in February 2025, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 19 February 2025
Last soldAED 2.33M17 February 2025
Current rentAED 125K /yr19 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, La Sirene Block 1

What is 503 worth today?

Last sold for AED 2,325,000 in 2025

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19 Feb 2025RentedNew contract
AED 125,000/yr12 months · AED 158 per sqft
17 Feb 2025SoldReady
AED 2,325,000AED 2,935 per sqft
24 May 2023SoldOff-plan
AED 1,900,000AED 2,399 per sqft
1 Sep 2021Sold by developerOff-plan
AED 1,499,000AED 1,892 per sqft

Source: Dubai Land Department. Updated 19 February 2025.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
5th of 6
Parking
A-065
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.33M · February 2025

About 503, La Sirene Block 1

503 is a one-bedroom apartment of 792 sqft on the 5th floor of La Sirene Block 1, a 6-storey tower in La Mer completed in 2024 by PDLM Residential. It last sold on 17 February 2025 for AED 2,325,000, or AED 2,935 per sqft, 6% above the AED 2,776 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 February 2025. The current contract, signed on 19 February 2025, is AED 125,000 a year: a gross yield of 5.4% on the 2025 price.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in La Sirene Block 1
1.5M2M202120232025Typical sale price by year: 2021 AED 1,578,000; 2022 AED 1,850,000; 2023 AED 1,900,000; 2025 AED 2,165,000Sold by developer, September 2021: AED 1,499,000 (AED 1,892 per sqft)Sold, May 2023: AED 1,900,000 (AED 2,399 per sqft)Sold, February 2025: AED 2,325,000 (AED 2,935 per sqft)

503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in La Sirene Block 1
115K120K125K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 119,000; 2026 AED 120,000New contract, February 2025: AED 125,000 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 1, and where 503 sits

All 34 1-beds →

503 last sold in February 2025 at AED 2,935 per sqft, 6% above what one-beds in La Sirene Block 1 were fetching at the time (AED 2,776). Over the last 12 months one-beds sold for AED 2,300,000, around AED 2,829 per sqft, and rent for AED 105,000 to 130,000 a year. 503's AED 125,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Dec 20252,300,000
29 May 20251,840,000
30 Apr 20252,230,000
19 Mar 20252,100,000
1 1-bed sale in the last 12 months

La Sirene Block 1

Building

47 apartments, 1-bed to 6-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 2,912
Typical sale
AED 3.25M
Typical rent
AED 130K /yr
Typical yield
5.1%
La Sirene Block 1, La Mer: prices, sales and rents →

Other units on the 5th floor

All 47 units in La Sirene Block 1
Value
5012-bedAED 3.25M · Sep 2022
502AED 2.25M · Jun 2025
5041-bedAED 2.1M · Feb 2025
5051-bedAED 2.01M · Dec 2022
5061-bedAED 2.4M · May 2024
5071-bedAED 1.83M · Sep 2021
5083-bedAED 5.92M · Sep 2021

503, La Sirene Block 1 in numbers

  • Sold 3 times: first on 1 September 2021 for AED 1,499,000, last on 17 February 2025 for AED 2,325,000 (AED 2,935 per sqft).
  • Rented since February 2025 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2025 price is 5.4%.
  • One-beds in La Sirene Block 1 sold for AED 2,300,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,912 per sqft.

Source: Dubai Land Department. Updated 19 February 2025.

Questions about 503, La Sirene Block 1

What did unit 503 last sell for?

AED 2,325,000 on 17 February 2025: AED 2,935 per sqft for 792 sqft. The unit has 3 registered sales; the first was AED 1,499,000 in September 2021.

What is the rent for unit 503?

AED 125,000 a year on the contract signed on 19 February 2025.

How big is unit 503?

792 sqft (73.6 sqm): a one-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. One-beds in La Sirene Block 1 sold for AED 2,300,000 to 2,300,000 in the last 12 months, around AED 2,829 per sqft.

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Mortgage on 503, La Sirene Block 1

Starts from the last sale price (AED 2.33M, 17 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

Plus AED 102,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →