1-bed · 1,374 sqftSanibel, Dubai Marina · 27th floor · completed 2010

2703, Sanibel

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 25 January 2023
Last soldAED 1.9M25 January 2023
Current rentAED 80K /yr17 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, Sanibel

What is 2703 worth today?

Last sold for AED 1,900,000 in 2023

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25 Jan 2023SoldReady
AED 1,900,000AED 1,382 per sqft
17 Aug 2021RentedRenewal
AED 80,000/yr12 months · AED 58 per sqft
17 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
13 May 2019RentedNew contract
AED 102,000/yr12 months · AED 74 per sqft
5 Feb 2018RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
28 Aug 2015RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
1 Oct 2013RentedNew contract
AED 145,000/yr12 months · AED 105 per sqft
5 May 2013SoldReady
AED 1,800,000AED 1,310 per sqft

Source: Dubai Land Department. Updated 25 January 2023.

Key facts

Type
1-bed apartment
Size
1,374 sqft
Floor
27th of 27
Parking
P1-1002
Developer
Emaar
Completed
2010
Service charge
AED 14,400 /yr
Last sold
AED 1.9M · January 2023
Building
Sanibel

About 2703, Sanibel

2703 is a one-bedroom apartment of 1,374 sqft on the 27th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 25 January 2023 for AED 1,900,000, or AED 1,382 per sqft, 15% below the AED 1,626 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 17 August 2021, is AED 80,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 14,400 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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 1,527,888 (AED 1,111 per sqft)Sold, April 2012: AED 1,527,888 (AED 1,111 per sqft)Sold, May 2013: AED 1,800,000 (AED 1,310 per sqft)Sold, January 2023: AED 1,900,000 (AED 1,382 per sqft)

2703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2703, each contractTypical one-bed in Sanibel
100K150K2012201620202024Typical 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, October 2013: AED 145,000 a yearNew contract, August 2015: AED 150,000 a yearNew contract, February 2018: AED 135,000 a yearNew contract, May 2019: AED 102,000 a yearNew contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 80,000 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 2703 sits

All 111 1-beds →

2703 last sold in January 2023 at AED 1,382 per sqft, 15% below what one-beds in Sanibel were fetching at the time (AED 1,626). 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. 2703's AED 80,000 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 27th floor

All 163 units in Sanibel
Value
27011-bedAED 1.88M · Sep 2026
27041-bedAED 1.8M · Oct 2024
27051-bedAED 1.62M · Jun 2023

2703, Sanibel in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,527,888, last on 25 January 2023 for AED 1,900,000 (AED 1,382 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 145,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 14,400 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 25 January 2023.

Questions about 2703, Sanibel

What did unit 2703 last sell for?

AED 1,900,000 on 25 January 2023: AED 1,382 per sqft for 1,374 sqft. The unit has 4 registered sales; the first was AED 1,527,888 in March 2010.

What is the rent for unit 2703?

AED 80,000 a year on the contract renewed on 17 August 2021. The previous contract, from August 2020, was AED 80,000; the unit has been rented since October 2013.

How big is unit 2703?

1,374 sqft (127.6 sqm): a one-bedroom apartment on the 27th floor of a 27-storey tower completed in 2010.

What is unit 2703 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 2703, Sanibel

Starts from the last sale price (AED 1.9M, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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