1203, Sanibel
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Sanibel
What is 1203 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,463 sqft
- Floor
- 12th of 27
- Parking
- G-G007
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.36M · March 2011
- Building
- Sanibel
About 1203, Sanibel
1203 is a two-bedroom apartment of 1,463 sqft on the 12th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 1 March 2011 for AED 1,355,888, or AED 926 per sqft, 10% below the AED 1,031 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 17 Ejari contracts. The current contract, signed on 15 March 2026, is AED 150,000 a year: a gross yield of 11.1% on the 2011 price, before the service charge of about AED 15,300 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sanibel, and where 1203 sits
All 52 2-beds →1203 last sold in March 2011 at AED 926 per sqft, 10% below what two-beds in Sanibel were fetching at the time (AED 1,031). Over the last 12 months two-beds sold for AED 2,750,000, around AED 2,020 per sqft, and rent for AED 120,000 to 175,000 a year. 1203's AED 150,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Nov 202527 November 2025 | 1,361 sqft | 2,750,000 | 2,020 | ||
| 16 Jul 202516 July 2025 | 1,463 sqft | 2,915,000 | 1,992 | ||
| 13 Mar 202513 March 2025 | 1,463 sqft | 2,438,820 | 1,666 | ||
| 29 Jan 202529 January 2025 | 1,361 sqft | 2,925,000 | 2,149 |
Sanibel
Building163 apartments, 1-bed to 2-bed over 27 floors in Dubai Marina, completed in 2010 by Emaar. 14 sold in the last 12 months.
- Typical price per sqft
- AED 2,020 Down 6.0%
- Typical sale
- AED 1.88M
- Typical rent
- AED 110K /yr
- Typical yield
- 5.6%
Other units on the 12th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 909 sqft | AED 1.99MAED 1,990,000 · Nov 2025November 2025 | 90,000 /yr | |
| 1202 | 2-bed | 1,361 sqft | AED 1.36MAED 1,364,888 · Jul 2011July 2011 | 136,500 /yr | |
| 1204 | 1-bed | 1,052 sqft | AED 1.92MAED 1,920,000 · Mar 2015March 2015 | 130,000 /yr | |
| 1205 | 1-bed | 709 sqft | AED 1.01MAED 1,005,000 · Oct 2019October 2019 | 77,000 /yr | |
| 1206 | 1-bed | 922 sqft | AED 2MAED 2,000,000 · May 2025May 2025 | 115,000 /yr |
1203, Sanibel in numbers
- Sold twice: first on 2 March 2010 for AED 1,355,888, last on 1 March 2011 for AED 1,355,888 (AED 926 per sqft).
- Rented since June 2012 on 17 Ejari contracts, from AED 105,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2011 price is 11.1%, before a service charge of about AED 15,300 a year (AED 10.47 per sqft).
- Two-beds in Sanibel sold for AED 2,750,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,020 per sqft.
Source: Dubai Land Department. Updated 15 March 2026.
Questions about 1203, Sanibel
What did unit 1203 last sell for?
AED 1,355,888 on 1 March 2011: AED 926 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,355,888 in March 2010.
What is the rent for unit 1203?
AED 150,000 a year on the contract signed on 15 March 2026. The previous contract, from November 2024, was AED 138,000; the unit has been rented since June 2012.
How big is unit 1203?
1,463 sqft (135.9 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2010.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sanibel sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 2,020 per sqft.
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Mortgage on 1203, Sanibel
Starts from the last sale price (AED 1.36M, 1 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,355,888
- Deposit, UAE resident (20%)
- AED 271,178
- Deposit, non-resident (40%)
- AED 542,355
- Monthly over 25 years at 3.7%
- AED 5,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →