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2-bed · 1,728 sqftSanibel, Dubai Marina · 3rd floor · completed 2010

302, Sanibel

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

Unit 302 · DLD and Ejari recordsUpdated 27 February 2019
Last soldAED 1.55M2 January 2012
Current rentAED 130K /yr27 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Sanibel

What is 302 worth today?

Last sold for AED 1,550,000 in 2012

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27 Feb 2019RentedNew contract
AED 129,628/yr12 months · AED 75 per sqft
2 Jan 2012SoldReady
AED 1,550,000AED 896 per sqft
27 Dec 2011SoldReady
AED 1,660,888AED 961 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,660,888AED 961 per sqft

Source: Dubai Land Department. Updated 27 February 2019.

Key facts

Type
2-bed apartment
Size
1,728 sqft
Floor
3rd of 27
Parking
P1-1179
Developer
Emaar
Completed
2010
Service charge
AED 18,100 /yr
Last sold
AED 1.55M · January 2012
Building
Sanibel

About 302, Sanibel

302 is a two-bedroom apartment of 1,728 sqft on the 3rd floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 2 January 2012 for AED 1,550,000, or AED 896 per sqft, 13% below the AED 1,029 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 February 2019. The current contract, signed on 27 February 2019, is AED 129,628 a year: a gross yield of 8.4% on the 2012 price, before the service charge of about AED 18,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 1,660,888 (AED 961 per sqft)Sold, December 2011: AED 1,660,888 (AED 961 per sqft)Sold, January 2012: AED 1,550,000 (AED 896 per sqft)

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

Rents
Unit 302, 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, February 2019: AED 129,628 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 302 sits

All 52 2-beds →

302 last sold in January 2012 at AED 896 per sqft, 13% below what two-beds in Sanibel were fetching at the time (AED 1,029). 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. 302's AED 129,628 is in the lower 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 3rd floor

All 163 units in Sanibel
Value
3011-bedAED 1.6M · May 2026
3032-bedAED 2.25M · Apr 2014
3041-bedAED 1.07M · Dec 2021
3051-bedAED 842K · Jan 2011
3061-bedAED 1.65M · Jul 2024

302, Sanibel in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,660,888, last on 2 January 2012 for AED 1,550,000 (AED 896 per sqft).
  • Rented since February 2019 on one Ejari contract, at AED 129,628 a year.
  • At AED 129,628 a year the gross yield on the 2012 price is 8.4%, before a service charge of about AED 18,100 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 27 February 2019.

Questions about 302, Sanibel

What did unit 302 last sell for?

AED 1,550,000 on 2 January 2012: AED 896 per sqft for 1,728 sqft. The unit has 3 registered sales; the first was AED 1,660,888 in March 2010.

What is the rent for unit 302?

AED 129,628 a year on the contract signed on 27 February 2019.

How big is unit 302?

1,728 sqft (160.5 sqm): a two-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2010.

What is unit 302 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 302, Sanibel

Starts from the last sale price (AED 1.55M, 2 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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