1-bed · 801 sqftLa Sirene Block 1, La Mer · 5th floor · completed 2024

506, La Sirene Block 1

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 2.4M9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, La Sirene Block 1

What is 506 worth today?

Last sold for AED 2,400,000 in 2024

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9 May 2024SoldOff-plan
AED 2,400,000AED 2,996 per sqft
29 Sep 2021Sold by developerOff-plan
AED 1,739,000AED 2,171 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.4M · May 2024

About 506, La Sirene Block 1

506 is a one-bedroom apartment of 801 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 9 May 2024 for AED 2,400,000, or AED 2,996 per sqft, 29% above the AED 2,328 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in La Sirene Block 1
1.5M2M2.5M202120232025Typical 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 1,739,000 (AED 2,171 per sqft)Sold, May 2024: AED 2,400,000 (AED 2,996 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 1
115K118K120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 119,000; 2026 AED 120,000

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 506 sits

All 34 1-beds →

506 last sold in May 2024 at AED 2,996 per sqft, 29% above what one-beds in La Sirene Block 1 were fetching at the time (AED 2,328). 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.

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
5031-bedAED 2.33M · Feb 2025
5041-bedAED 2.1M · Feb 2025
5051-bedAED 2.01M · Dec 2022
5071-bedAED 1.83M · Sep 2021
5083-bedAED 5.92M · Sep 2021

506, La Sirene Block 1 in numbers

  • Sold twice: first on 29 September 2021 for AED 1,739,000, last on 9 May 2024 for AED 2,400,000 (AED 2,996 per sqft).
  • 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 9 May 2024.

Questions about 506, La Sirene Block 1

What did unit 506 last sell for?

AED 2,400,000 on 9 May 2024: AED 2,996 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,739,000 in September 2021.

How big is unit 506?

801 sqft (74.4 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 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 506, La Sirene Block 1

Starts from the last sale price (AED 2.4M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →