1-bed · 726 sqftSanibel, Dubai Marina · 27th floor · completed 2010

2704, Sanibel

Sold prices and rental history: sold 7 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.8M10 October 2024
Current rentAED 60K /yr3 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Sanibel

What is 2704 worth today?

Last sold for AED 1,800,000 in 2024

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10 Oct 2024SoldReady
AED 1,800,000AED 2,479 per sqft
21 Nov 2022SoldReady
AED 1,700,000AED 2,341 per sqft
12 Sep 2021SoldReady
AED 950,000AED 1,308 per sqft
3 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
16 Nov 2018RentedRenewal
AED 85,000/yr12 months · AED 118 per sqft
16 Nov 2017RentedRenewal
AED 85,000/yr12 months · AED 118 per sqft
16 Nov 2016RentedRenewal
AED 85,000/yr12 months · AED 118 per sqft
16 Nov 2015RentedRenewal
AED 85,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
27th of 27
Parking
P3-3175
Developer
Emaar
Completed
2010
Service charge
AED 7,600 /yr
Last sold
AED 1.8M · October 2024
Building
Sanibel

About 2704, Sanibel

2704 is a one-bedroom apartment of 726 sqft on the 27th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 10 October 2024 for AED 1,800,000, or AED 2,479 per sqft, 24% above the AED 1,996 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 3 April 2020, is AED 60,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 7,600 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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 1,100,888 (AED 1,516 per sqft)Sold, February 2013: AED 1,100,888 (AED 1,516 per sqft)Sold, April 2013: AED 1,100,000 (AED 1,515 per sqft)Sold, October 2013: AED 1,350,000 (AED 1,859 per sqft)Sold, September 2021: AED 950,000 (AED 1,308 per sqft)Sold, November 2022: AED 1,700,000 (AED 2,341 per sqft)Sold, October 2024: AED 1,800,000 (AED 2,479 per sqft)

2704 has sold 7 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, each contractTypical one-bed in Sanibel
75K100K2012201620202024Typical 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, November 2013: AED 85,000 a yearNew contract, November 2014: AED 85,000 a yearRenewal, November 2015: AED 85,000 a yearRenewal, November 2016: AED 85,000 a yearRenewal, November 2017: AED 85,000 a yearRenewal, November 2018: AED 85,000 a yearNew contract, April 2020: AED 60,000 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 2704 sits

All 111 1-beds →

2704 last sold in October 2024 at AED 2,479 per sqft, 24% above what one-beds in Sanibel were fetching at the time (AED 1,996). 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. 2704's AED 60,000 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
27031-bedAED 1.9M · Jan 2023
27051-bedAED 1.62M · Jun 2023

2704, Sanibel in numbers

  • Sold 7 times: first on 2 March 2010 for AED 1,100,888, last on 10 October 2024 for AED 1,800,000 (AED 2,479 per sqft).
  • Rented since November 2013 on 7 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 7,600 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 10 October 2024.

Questions about 2704, Sanibel

What did unit 2704 last sell for?

AED 1,800,000 on 10 October 2024: AED 2,479 per sqft for 726 sqft. The unit has 7 registered sales; the first was AED 1,100,888 in March 2010.

What is the rent for unit 2704?

AED 60,000 a year on the contract signed on 3 April 2020. The previous contract, from November 2018, was AED 85,000; the unit has been rented since November 2013.

How big is unit 2704?

726 sqft (67.4 sqm): a one-bedroom apartment on the 27th floor of a 27-storey tower completed in 2010.

What is unit 2704 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 2704, Sanibel

Starts from the last sale price (AED 1.8M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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