2-bed · 1,735 sqftSanibel, Dubai Marina · 2nd floor · completed 2010

202, Sanibel

Sold prices and rental history: sold 5 times, last in January 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3M14 January 2016
Current rentAED 162K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Sanibel

What is 202 worth today?

Last sold for AED 3,000,000 in 2016

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1 Jul 2024RentedRenewal
AED 161,566/yr12 months · AED 93 per sqft
1 Jul 2024RentedRenewal
AED 161,566/yr12 months · AED 93 per sqft
1 Jul 2023RentedRenewal
AED 162,000/yr12 months · AED 93 per sqft
1 May 2022RentedRenewal
AED 125,000/yr14 months · AED 72 per sqft
1 May 2021RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
14 Jan 2016SoldReady
AED 3,000,000AED 1,729 per sqft
22 Feb 2015RentedNew contract
AED 187,000/yr12 months · AED 108 per sqft
23 Feb 2014RentedNew contract
AED 187,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
2nd of 27
Parking
G-G009
Developer
Emaar
Completed
2010
Service charge
AED 18,200 /yr
Last sold
AED 3M · January 2016
Building
Sanibel

About 202, Sanibel

202 is a two-bedroom apartment of 1,735 sqft on the 2nd floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 14 January 2016 for AED 3,000,000, or AED 1,729 per sqft, 6% below the AED 1,836 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 161,566 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 18,200 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Sanibel
2M3M2009201420192024Typical sale price by year: 2009 AED 1,613,888; 2010 AED 1,448,888; 2011 AED 1,471,444; 2012 AED 1,610,000; 2013 AED 2,025,000; 2014 AED 2,425,000; 2016 AED 2,425,000; 2020 AED 1,550,000; 2021 AED 2,070,000; 2022 AED 2,400,000; 2024 AED 2,825,000; 2025 AED 2,832,500Sold by developer, March 2010: AED 2,075,888 (AED 1,196 per sqft)Sold, January 2011: AED 2,075,888 (AED 1,196 per sqft)Sold, July 2013: AED 2,400,000 (AED 1,383 per sqft)Sold, December 2013: AED 1,400,000 (AED 806 per sqft)Sold, January 2016: AED 3,000,000 (AED 1,729 per sqft)

202 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 202, each contractTypical two-bed in Sanibel
100K150K200K2012201620202024Typical rent by year: 2012 AED 115,500; 2013 AED 130,000; 2014 AED 149,599; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,000; 2020 AED 110,000; 2021 AED 108,077; 2022 AED 120,000; 2023 AED 138,000; 2024 AED 145,200; 2025 AED 155,000; 2026 AED 150,000New contract, February 2014: AED 187,000 a yearNew contract, February 2015: AED 187,000 a yearNew contract, May 2021: AED 120,000 a yearRenewal, May 2022: AED 125,000 a yearRenewal, July 2023: AED 162,000 a yearRenewal, July 2024: AED 161,566 a yearRenewal, July 2024: AED 161,566 a year

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 202 sits

All 52 2-beds →

202 last sold in January 2016 at AED 1,729 per sqft, 6% below what two-beds in Sanibel were fetching at the time (AED 1,836). 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. 202's AED 161,566 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Nov 20252,750,000
16 Jul 20252,915,000
13 Mar 20252,438,820
29 Jan 20252,925,000
1 2-bed sale in the last 12 months

Sanibel

Building

163 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%
Sanibel, Dubai Marina: prices, sales and rents →

Other units on the 2nd floor

All 163 units in Sanibel
Value
2011-bedAED 1.3M · Sep 2021
2032-bedAED 1.82M · Sep 2013
2041-bedAED 16K · Jul 2026
2051-bedAED 800K · Jul 2012
2061-bedAED 1.7M · Apr 2014

202, Sanibel in numbers

  • Sold 5 times: first on 2 March 2010 for AED 2,075,888, last on 14 January 2016 for AED 3,000,000 (AED 1,729 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 187,000 to AED 120,000 in 2021 and recovered to AED 161,566 by July 2024.
  • At AED 161,566 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 18,200 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 1 July 2024.

Questions about 202, Sanibel

What did unit 202 last sell for?

AED 3,000,000 on 14 January 2016: AED 1,729 per sqft for 1,735 sqft. The unit has 5 registered sales; the first was AED 2,075,888 in March 2010.

What is the rent for unit 202?

AED 161,566 a year on the contract renewed on 1 July 2024. The previous contract, from July 2024, was AED 161,566; the unit has been rented since February 2014.

How big is unit 202?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2010.

What is unit 202 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 202, Sanibel

Starts from the last sale price (AED 3M, 14 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →