1503, Sanibel
Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Sanibel
What is 1503 worth today?
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Source: Dubai Land Department. Updated 22 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,463 sqft
- Floor
- 15th of 27
- Parking
- G-G004
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.53M · July 2011
- Building
- Sanibel
About 1503, Sanibel
1503 is a two-bedroom apartment of 1,463 sqft on the 15th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 31 July 2011 for AED 1,530,888, or AED 1,046 per sqft, in line with the AED 1,046 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 22 December 2025, is AED 155,000 a year: a gross yield of 10.1% on the 2011 price, before the service charge of about AED 15,300 a year.
Sales and rents for 1503 over time
1503 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 1503 sits
All 52 2-beds →1503 last sold in July 2011 at AED 1,046 per sqft, in line with what two-beds in Sanibel were fetching at the time (AED 1,046). 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. 1503's AED 155,000 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 15th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 909 sqft | AED 1.41MAED 1,410,000 · Sep 2021September 2021 | 110,000 /yr | |
| 1502 | 2-bed | 1,361 sqft | AED 1.4MAED 1,400,888 · Jul 2011July 2011 | 50,000 /yr | |
| 1504 | 1-bed | 1,052 sqft | AED 862KAED 861,888 · Jan 2011January 2011 | 95,000 /yr | |
| 1505 | 1-bed | 709 sqft | AED 812KAED 811,888 · Mar 2010March 2010 | 84,000 /yr | |
| 1506 | 1-bed | 922 sqft | AED 1.5MAED 1,500,000 · Sep 2022September 2022 | 105,000 /yr |
1503, Sanibel in numbers
- Sold twice: first on 2 March 2010 for AED 1,530,888, last on 31 July 2011 for AED 1,530,888 (AED 1,046 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 117,000 in 2021 and recovered to AED 155,000 by December 2025.
- At AED 155,000 a year the gross yield on the 2011 price is 10.1%, 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 22 December 2025.
Questions about 1503, Sanibel
What did unit 1503 last sell for?
AED 1,530,888 on 31 July 2011: AED 1,046 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,530,888 in March 2010.
What is the rent for unit 1503?
AED 155,000 a year on the contract signed on 22 December 2025. The previous contract, from December 2025, was AED 155,000; the unit has been rented since August 2013.
How big is unit 1503?
1,463 sqft (135.9 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2010.
What is unit 1503 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 1503, Sanibel
Starts from the last sale price (AED 1.53M, 31 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,530,888
- Deposit, UAE resident (20%)
- AED 306,178
- Deposit, non-resident (40%)
- AED 612,355
- Monthly over 25 years at 3.7%
- AED 6,263
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →