408, La Sirene Block 5
Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, La Sirene Block 5
What is 408 worth today?
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Source: Dubai Land Department. Updated 17 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,279 sqft
- Floor
- 4th of 6
- Parking
- 1
- Developer
- PDLM Residential
- Completed
- 2024
- Last sold
- AED 2.72M · January 2022
- Building
- La Sirene Block 5
About 408, La Sirene Block 5
408 is a two-bedroom apartment of 1,279 sqft on the 4th floor of La Sirene Block 5, a 6-storey tower in La Mer completed in 2024 by PDLM Residential. The developer sold it on 24 January 2022 for AED 2,719,000, or AED 2,125 per sqft, in line with the AED 2,088 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 17 October 2025. The current contract, signed on 17 October 2025, is AED 210,000 a year: a gross yield of 7.7% on the 2022 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in La Sirene Block 5, and where 408 sits
All 18 2-beds →408 last sold in January 2022 at AED 2,125 per sqft, in line with what two-beds in La Sirene Block 5 were fetching at the time (AED 2,088). 408's AED 210,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20256 May 2025 | 1,216 sqft | 3,000,000 | 2,467 | ||
| 13 Mar 202513 March 2025 | 1,279 sqft | 3,750,000 | 2,931 | ||
| 12 Nov 202412 November 2024 | 1,279 sqft | 3,308,028 | 2,586 | ||
| 22 Oct 202422 October 2024 | 1,216 sqft | 3,550,000 | 2,920 |
La Sirene Block 5
Building45 apartments, 1-bed to 3-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 3,053
- Typical sale
- AED 2.38M
- Typical rent
- AED 220K /yr
- Typical yield
- 5.7%
Other units on the 4th floor
All 45 units in La Sirene Block 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 602 sqft | AED 1.96MAED 1,955,000 · Mar 2023March 2023 | ||
| 402 | 1-bed | 685 sqft | AED 1.4MAED 1,401,000 · Jan 2022January 2022 | 115,000 /yr | |
| 403 | 2-bed | 1,216 sqft | AED 2.69MAED 2,685,000 · Jan 2022January 2022 | ||
| 404 | 1-bed | 779 sqft | AED 1.85MAED 1,852,000 · Apr 2022April 2022 | ||
| 405 | 1-bed | 834 sqft | AED 2.3MAED 2,300,000 · Dec 2024December 2024 | 115,000 /yr | |
| 406 | 1-bed | 832 sqft | AED 1.62MAED 1,617,000 · Feb 2022February 2022 | 125,000 /yr | |
| 407 | 1-bed | 802 sqft | AED 2MAED 2,000,000 · Jun 2024June 2024 |
408, La Sirene Block 5 in numbers
- Sold once: by PDLM Residential on 24 January 2022 for AED 2,719,000, or AED 2,125 per sqft.
- Rented since October 2025 on one Ejari contract, at AED 210,000 a year.
- At AED 210,000 a year the gross yield on the 2022 price is 7.7%.
Source: Dubai Land Department. Updated 17 October 2025.
Questions about 408, La Sirene Block 5
What did unit 408 last sell for?
AED 2,719,000 on 24 January 2022, sold by the developer: AED 2,125 per sqft for 1,279 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 210,000 a year on the contract signed on 17 October 2025.
How big is unit 408?
1,279 sqft (118.8 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2024.
What is unit 408 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 408, La Sirene Block 5
Starts from the last sale price (AED 2.72M, 24 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,719,000
- Deposit, UAE resident (20%)
- AED 543,800
- Deposit, non-resident (40%)
- AED 1,087,600
- Monthly over 25 years at 3.7%
- AED 11,124
Plus AED 119,208 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →