1-bed · 804 sqftLa Sirene Block 2, La Mer · 4th floor · completed 2024

406, La Sirene Block 2

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 1.96M23 September 2021
Current rentAED 130K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, La Sirene Block 2

What is 406 worth today?

Last sold for AED 1,961,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 May 2025RentedNew contract
AED 130,000/yr12 months · AED 163 per sqft
15 May 2025RentedNew contract
AED 130,000/yr12 months · AED 163 per sqft
23 Sep 2021Sold by developerOff-plan
AED 1,961,000AED 2,440 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
4th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 1.96M · September 2021

About 406, La Sirene Block 2

406 is a one-bedroom apartment of 804 sqft on the 4th floor of La Sirene Block 2, a 6-storey tower in La Mer completed in 2024 by PDLM Residential. The developer sold it on 23 September 2021 for AED 1,961,000, or AED 2,440 per sqft, 6% above the AED 2,301 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 May 2025, is AED 130,000 a year: a gross yield of 6.6% on the 2021 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in La Sirene Block 2
2M2.5M202120232025Typical sale price by year: 2021 AED 1,853,500; 2023 AED 2,250,000; 2025 AED 2,412,500Sold by developer, September 2021: AED 1,961,000 (AED 2,440 per sqft)

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

1-beds in La Sirene Block 2, and where 406 sits

All 18 1-beds →

406 last sold in September 2021 at AED 2,440 per sqft, 6% above what one-beds in La Sirene Block 2 were fetching at the time (AED 2,301). Over the last 12 months one-beds sold for AED 2,260,000, around AED 2,742 per sqft, and rent for AED 120,000 to 140,000 a year. 406's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Dec 20252,260,000
12 May 20252,525,000
4 Apr 20252,700,000
21 Jan 20252,300,000
1 1-bed sale in the last 12 months

La Sirene Block 2

Building

50 apartments, 1-bed to 4-bed over 6 floors in La Mer, completed in 2024 by PDLM Residential. 1 sold in the last 12 months.

Typical price per sqft
AED 2,742
Typical sale
AED 2.26M
Typical rent
AED 180K /yr
Typical yield
6.1%
La Sirene Block 2, La Mer: prices, sales and rents →

Other units on the 4th floor

All 50 units in La Sirene Block 2
Value
4011-bedAED 2.53M · Jul 2023
4022-bedAED 4.1M · Jul 2023
4032-bedAED 3.6M · Jun 2025
4042-bedAED 3.1M · Jun 2023
4051-bedAED 1.94M · Oct 2021
4072-bedAED 2.78M · Sep 2021
4083-bedAED 6.08M · Sep 2021
1–7 of 8

406, La Sirene Block 2 in numbers

  • Sold once: by PDLM Residential on 23 September 2021 for AED 1,961,000, or AED 2,440 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 6.6%.
  • One-beds in La Sirene Block 2 sold for AED 2,260,000–2,260,000 in the 12 months to November 2026; the building's median across all types is AED 2,742 per sqft.

Source: Dubai Land Department. Updated 15 May 2025.

Questions about 406, La Sirene Block 2

What did unit 406 last sell for?

AED 1,961,000 on 23 September 2021, sold by the developer: AED 2,440 per sqft for 804 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 130,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 130,000.

How big is unit 406?

804 sqft (74.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2024.

What is unit 406 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 2 sold for AED 2,260,000 to 2,260,000 in the last 12 months, around AED 2,742 per sqft.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, La Sirene Block 2

Starts from the last sale price (AED 1.96M, 23 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,961,000
Deposit, UAE resident (20%)
AED 392,200
Deposit, non-resident (40%)
AED 784,400
Monthly over 25 years at 3.7%
AED 8,023

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