1602, Sanibel
Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Sanibel
What is 1602 worth today?
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Source: Dubai Land Department. Updated 31 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 16th of 27
- Parking
- P1-1184
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 14,200 /yr
- Last sold
- AED 1.56M · July 2011
- Building
- Sanibel
About 1602, Sanibel
1602 is a two-bedroom apartment of 1,361 sqft on the 16th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 18 July 2011 for AED 1,560,888, or AED 1,146 per sqft, 10% above the AED 1,038 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 31 March 2023, is AED 130,000 a year: a gross yield of 8.3% on the 2011 price, before the service charge of about AED 14,200 a year.
Sales and rents for 1602 over time
1602 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 1602 sits
All 52 2-beds →1602 last sold in July 2011 at AED 1,146 per sqft, 10% above what two-beds in Sanibel were fetching at the time (AED 1,038). 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. 1602's AED 130,000 is in the lower 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 16th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 909 sqft | AED 1.04MAED 1,042,888 · Jun 2011June 2011 | 130,000 /yr | |
| 1603 | 2-bed | 1,463 sqft | AED 2.37MAED 2,365,000 · Dec 2017December 2017 | 140,000 /yr | |
| 1604 | 1-bed | 1,052 sqft | AED 867KAED 866,888 · Mar 2012March 2012 | 95,000 /yr | |
| 1605 | 1-bed | 709 sqft | AED 1.45MAED 1,450,000 · Feb 2025February 2025 | 132,000 /yr | |
| 1606 | 1-bed | 922 sqft | AED 1.05MAED 1,050,888 · Nov 2011November 2011 | 94,500 /yr |
1602, Sanibel in numbers
- Sold twice: first on 2 March 2010 for AED 1,560,888, last on 18 July 2011 for AED 1,560,888 (AED 1,146 per sqft).
- Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2022 and recovered to AED 130,000 by March 2023.
- At AED 130,000 a year the gross yield on the 2011 price is 8.3%, before a service charge of about AED 14,200 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 31 March 2023.
Questions about 1602, Sanibel
What did unit 1602 last sell for?
AED 1,560,888 on 18 July 2011: AED 1,146 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,560,888 in March 2010.
What is the rent for unit 1602?
AED 130,000 a year on the contract renewed on 31 March 2023. The previous contract, from March 2022, was AED 110,000; the unit has been rented since January 2014.
How big is unit 1602?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1602 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 1602, Sanibel
Starts from the last sale price (AED 1.56M, 18 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,560,888
- Deposit, UAE resident (20%)
- AED 312,178
- Deposit, non-resident (40%)
- AED 624,355
- Monthly over 25 years at 3.7%
- AED 6,386
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →