1-bed · 909 sqftSanibel, Dubai Marina · 23rd floor · completed 2010

2301, Sanibel

Sold prices and rental history: sold 3 times, last in November 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 18 June 2022
Last soldAED 900K20 November 2019
Current rentAED 72K /yr18 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Sanibel

What is 2301 worth today?

Last sold for AED 900,000 in 2019

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18 Jun 2022RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
18 Jun 2021RentedRenewal
AED 72,000/yr12 months · AED 80 per sqft
18 Jun 2020RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
20 Nov 2019SoldReady
AED 900,000AED 990 per sqft
17 Sep 2012RentedNew contract
AED 91,000/yr12 months · AED 101 per sqft
20 Feb 2011SoldReady
AED 588,944AED 647 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,177,888AED 1,295 per sqft

Source: Dubai Land Department. Updated 18 June 2022.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
23rd of 27
Parking
P2-2155
Developer
Emaar
Completed
2010
Service charge
AED 9,500 /yr
Last sold
AED 900K · November 2019
Building
Sanibel

About 2301, Sanibel

2301 is a one-bedroom apartment of 909 sqft on the 23rd floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 20 November 2019 for AED 900,000, or AED 990 per sqft, 15% below the AED 1,163 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 18 June 2022, is AED 72,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 9,500 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical one-bed in Sanibel
1M2M2009201420192024Typical sale price by year: 2009 AED 896,888; 2010 AED 866,888; 2011 AED 848,888; 2012 AED 950,000; 2013 AED 1,235,944; 2014 AED 1,640,000; 2015 AED 954,222; 2016 AED 1,385,000; 2017 AED 1,240,000; 2018 AED 1,400,000; 2019 AED 1,017,500; 2020 AED 950,000; 2021 AED 1,150,901; 2022 AED 1,500,000; 2023 AED 1,610,000; 2024 AED 1,930,000; 2025 AED 1,995,000; 2026 AED 1,875,000Sold by developer, March 2010: AED 1,177,888 (AED 1,295 per sqft)Sold, February 2011: AED 588,944 (AED 647 per sqft)Sold, November 2019: AED 900,000 (AED 990 per sqft)

2301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2301, each contractTypical one-bed in Sanibel
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 106,000; 2015 AED 110,000; 2016 AED 106,572; 2017 AED 105,005; 2018 AED 94,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 73,000; 2022 AED 78,500; 2023 AED 91,850; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, September 2012: AED 91,000 a yearNew contract, June 2020: AED 75,000 a yearRenewal, June 2021: AED 72,000 a yearRenewal, June 2022: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sanibel, and where 2301 sits

All 111 1-beds →

2301 last sold in November 2019 at AED 990 per sqft, 15% below what one-beds in Sanibel were fetching at the time (AED 1,163). Over the last 12 months one-beds sold for AED 1,350,000 to 2,000,000, around AED 2,040 per sqft, and rent for AED 50,000 to 170,000 a year. 2301's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Sep 20262,000,000
18 Sep 20261,875,000
3 Sep 20261,950,000
30 Jul 202612,787
13 1-bed sales 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 23rd floor

All 163 units in Sanibel
Value
23022-bedAED 1.35M · Dec 2010
23032-bedAED 2.25M · Feb 2016
23041-bedAED 902K · Mar 2010
23051-bedAED 913K · Jun 2013
23061-bedAED 1.52M · Jan 2023

2301, Sanibel in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,177,888, last on 20 November 2019 for AED 900,000 (AED 990 per sqft).
  • Rented since September 2012 on 4 Ejari contracts, from AED 91,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 8.0%, before a service charge of about AED 9,500 a year (AED 10.47 per sqft).
  • One-beds in Sanibel sold for AED 1,350,000–2,000,000 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 18 June 2022.

Questions about 2301, Sanibel

What did unit 2301 last sell for?

AED 900,000 on 20 November 2019: AED 990 per sqft for 909 sqft. The unit has 3 registered sales; the first was AED 1,177,888 in March 2010.

What is the rent for unit 2301?

AED 72,000 a year on the contract renewed on 18 June 2022. The previous contract, from June 2021, was AED 72,000; the unit has been rented since September 2012.

How big is unit 2301?

909 sqft (84.4 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2010.

What is unit 2301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sanibel sold for AED 1,350,000 to 2,000,000 in the last 12 months, around AED 2,040 per sqft.

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Mortgage on 2301, Sanibel

Starts from the last sale price (AED 900K, 20 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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