−4% La Sirene
6 BR · Penthouse
About the building
Located in Port de La Mer, completed in 2024.
Where it is
Port de la Mer
A Mediterranean-styled quarter on a Jumeirah peninsula: a marina, a private beach and low-rise buildings fifteen minutes from the centre.
- water without tower density
- short-term letting
- buying to live in
What to check: A low-rise waterfront quarter with a marina, a beach and landscaping is expensive to run: the service charge here sits above the city average and affects net yield more than the rent does. Confirm the short-letting rules separately — the investment case usually rests on them.
Full district guide →Questions and answers about lot NP1-338003
How much is this 6-bedroom penthouse in La Sirene?
Lot NP1-338003 is priced at AED 28 100 000, about $7 651 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 29 224 000; it is now AED 28 100 000 — AED 1 124 000 less, or 4%.
What are prices like in Port de la Mer?
The database holds 19 lots in Port de la Mer, starting from AED 1 950 000. The area median is AED 8 007 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 5 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Port de la Mer area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2024 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 8 430 000; a loan of AED 19 670 000 over 25 years at 3.75–4.99% a year comes to roughly AED 101 100–114 900 a month. A non-resident puts down from 40% (AED 11 240 000) and pays about AED 86 700–98 500 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 1 124 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 28 100 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about La Sirene?
The project has 281 units. Completion year: 2024. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-338003 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: La Sirene
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Port de la Mer
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram