2-bed · 1,210 sqftLa Sirene Block 2, La Mer · 5th floor · completed 2024

503, La Sirene Block 2

Sold prices and rental history: sold twice, last in October 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 3M28 October 2024
Current rentAED 180K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, La Sirene Block 2

What is 503 worth today?

Last sold for AED 3,000,000 in 2024

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1 Jun 2025RentedNew contract
AED 180,000/yr12 months · AED 149 per sqft
28 Oct 2024SoldReady
AED 3,000,000AED 2,479 per sqft
20 Oct 2021Sold by developerOff-plan
AED 1,961,000AED 1,618 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
5th of 6
Parking
A-149
Developer
PDLM Residential
Completed
2024
Last sold
AED 3M · October 2024

About 503, La Sirene Block 2

503 is a two-bedroom apartment of 1,210 sqft on the 5th floor of La Sirene Block 2, a 6-storey tower in La Mer completed in 2024 by PDLM Residential. It last sold on 28 October 2024 for AED 3,000,000, or AED 2,479 per sqft, in line with the AED 2,479 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2025. The current contract, signed on 1 June 2025, is AED 180,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in La Sirene Block 2
2M4M202120232025Typical sale price by year: 2021 AED 2,511,000; 2023 AED 3,100,000; 2024 AED 3,650,000; 2025 AED 4,225,000Sold by developer, October 2021: AED 1,961,000 (AED 1,618 per sqft)Sold, October 2024: AED 3,000,000 (AED 2,479 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in La Sirene Block 2
180K200K202420252026Typical rent by year: 2024 AED 202,500; 2025 AED 205,000New contract, June 2025: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in La Sirene Block 2, and where 503 sits

All 25 2-beds →

503 last sold in October 2024 at AED 2,479 per sqft, in line with what two-beds in La Sirene Block 2 were fetching at the time (AED 2,479). 503's AED 180,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20253,600,000
5 May 20254,650,000
7 Mar 20254,150,000
28 Jan 20254,300,000
0 2-bed sales 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 5th floor

All 50 units in La Sirene Block 2
Value
5013-bedAED 7.16M · Jan 2024
5022-bedAED 2.4M · Oct 2021
5041-bedAED 2.25M · Jun 2023
5051-bedAED 2.53M · May 2025
5061-bedAED 1.92M · Nov 2021
5074-bedAED 10.2M · May 2024
5082-bedAED 4.15M · Mar 2025

503, La Sirene Block 2 in numbers

  • Sold twice: first on 20 October 2021 for AED 1,961,000, last on 28 October 2024 for AED 3,000,000 (AED 2,479 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 6.0%.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 503, La Sirene Block 2

What did unit 503 last sell for?

AED 3,000,000 on 28 October 2024: AED 2,479 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 1,961,000 in October 2021.

What is the rent for unit 503?

AED 180,000 a year on the contract signed on 1 June 2025.

How big is unit 503?

1,210 sqft (112.4 sqm): a two-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.

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Mortgage on 503, La Sirene Block 2

Starts from the last sale price (AED 3M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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