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2-bed · 1,469 sqftSanibel, Dubai Marina · 2nd floor · completed 2010

203, Sanibel

Sold prices and rental history: sold 4 times, last in September 2013, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 25 September 2013
Last soldAED 1.82M25 September 2013
Current rentAED 120K /yr16 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Sanibel

What is 203 worth today?

Last sold for AED 1,820,000 in 2013

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25 Sep 2013SoldReady
AED 1,820,000AED 1,238 per sqft
16 Mar 2013RentedNew contract
AED 120,000/yr12 months · AED 82 per sqft
4 Feb 2013SoldReady
AED 1,025,000AED 697 per sqft
24 Nov 2011SoldReady
AED 1,687,888AED 1,149 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,687,888AED 1,149 per sqft

Source: Dubai Land Department. Updated 25 September 2013.

Key facts

Type
2-bed apartment
Size
1,469 sqft
Floor
2nd of 27
Parking
G-G011
Developer
Emaar
Completed
2010
Service charge
AED 15,400 /yr
Last sold
AED 1.82M · September 2013
Building
Sanibel

About 203, Sanibel

203 is a two-bedroom apartment of 1,469 sqft on the 2nd floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 25 September 2013 for AED 1,820,000, or AED 1,238 per sqft, 9% below the AED 1,358 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 March 2013. The current contract, signed on 16 March 2013, is AED 120,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 15,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Sanibel
1M2M3M2009201420192024Typical 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 1,687,888 (AED 1,149 per sqft)Sold, November 2011: AED 1,687,888 (AED 1,149 per sqft)Sold, February 2013: AED 1,025,000 (AED 697 per sqft)Sold, September 2013: AED 1,820,000 (AED 1,238 per sqft)

203 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, each contractTypical two-bed in Sanibel
100K125K150K2012201620202024Typical 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, March 2013: AED 120,000 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 203 sits

All 52 2-beds →

203 last sold in September 2013 at AED 1,238 per sqft, 9% below what two-beds in Sanibel were fetching at the time (AED 1,358). 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. 203's AED 120,000 is at the bottom 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
2022-bedAED 3M · Jan 2016
2041-bedAED 16K · Jul 2026
2051-bedAED 800K · Jul 2012
2061-bedAED 1.7M · Apr 2014

203, Sanibel in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,687,888, last on 25 September 2013 for AED 1,820,000 (AED 1,238 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 15,400 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 25 September 2013.

Questions about 203, Sanibel

What did unit 203 last sell for?

AED 1,820,000 on 25 September 2013: AED 1,238 per sqft for 1,469 sqft. The unit has 4 registered sales; the first was AED 1,687,888 in March 2010.

What is the rent for unit 203?

AED 120,000 a year on the contract signed on 16 March 2013.

How big is unit 203?

1,469 sqft (136.5 sqm): a two-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2010.

What is unit 203 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 203, Sanibel

Starts from the last sale price (AED 1.82M, 25 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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