2-bed · 1,209 sqftLa Sirene Block 3, La Mer · 5th floor · completed 2024

507, La Sirene Block 3

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

Unit 507 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 2.24M8 November 2021
Current rentAED 190K /yr12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, La Sirene Block 3

What is 507 worth today?

Last sold for AED 2,237,000 in 2021

Unlock today's estimate, updated daily, with

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

12 May 2025RentedNew contract
AED 190,000/yr12 months · AED 158 per sqft
8 Nov 2021Sold by developerOff-plan
AED 2,237,000AED 1,850 per sqft

Source: Dubai Land Department. Updated 12 May 2025.

Key facts

Type
2-bed apartment
Size
1,209 sqft
Floor
5th of 6
Parking
1
Developer
PDLM Residential
Completed
2024
Last sold
AED 2.24M · November 2021

About 507, La Sirene Block 3

507 is a two-bedroom apartment of 1,209 sqft on the 5th floor of La Sirene Block 3, a 6-storey tower in La Mer completed in 2024 by PDLM Residential. The developer sold it on 8 November 2021 for AED 2,237,000, or AED 1,850 per sqft, 12% below the AED 2,098 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 May 2025. The current contract, signed on 12 May 2025, is AED 190,000 a year: a gross yield of 8.5% on the 2021 price.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in La Sirene Block 3
2M3M4M20212022202320242025Typical sale price by year: 2021 AED 2,612,000; 2022 AED 2,416,000; 2024 AED 3,770,000Sold by developer, November 2021: AED 2,237,000 (AED 1,850 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in La Sirene Block 3
200K250K202520262027Typical rent by year: 2025 AED 240,000; 2026 AED 250,000New contract, May 2025: AED 190,000 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 3, and where 507 sits

All 23 2-beds →

507 last sold in November 2021 at AED 1,850 per sqft, 12% below what two-beds in La Sirene Block 3 were fetching at the time (AED 2,098). 507's AED 190,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Jul 20254,000,000
10 Mar 20254,190,000
12 Nov 20244,950,000
4 Jun 20242,780,000
0 2-bed sales in the last 12 months

La Sirene Block 3

Building

51 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 4,975
Typical sale
AED 10.13M
Typical rent
AED 215K /yr
Typical yield
3.2%
La Sirene Block 3, La Mer: prices, sales and rents →

Other units on the 5th floor

All 51 units in La Sirene Block 3
Value
5012-bedAED 3.77M · May 2024
5024-bedAED 11.25M · May 2024
5031-bedAED 2.4M · Jun 2025
5041-bedAED 2M · Nov 2024
5051-bedAED 1.66M · Nov 2021
5062-bedAED 2.24M · Sep 2021
5083-bedAED 8.8M · Apr 2025

507, La Sirene Block 3 in numbers

  • Sold once: by PDLM Residential on 8 November 2021 for AED 2,237,000, or AED 1,850 per sqft.
  • Rented since May 2025 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2021 price is 8.5%.

Source: Dubai Land Department. Updated 12 May 2025.

Questions about 507, La Sirene Block 3

What did unit 507 last sell for?

AED 2,237,000 on 8 November 2021, sold by the developer: AED 1,850 per sqft for 1,209 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 190,000 a year on the contract signed on 12 May 2025.

How big is unit 507?

1,209 sqft (112.3 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2024.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 507? 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 507, La Sirene Block 3

Starts from the last sale price (AED 2.24M, 8 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,237,000
Deposit, UAE resident (20%)
AED 447,400
Deposit, non-resident (40%)
AED 894,800
Monthly over 25 years at 3.7%
AED 9,152

Plus AED 98,964 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →