402, Sanibel
Sold prices and rental history: sold twice, last in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Sanibel
What is 402 worth today?
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Source: Dubai Land Department. Updated 22 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 4th of 27
- Parking
- P1-1199
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 14,200 /yr
- Last sold
- AED 1.27M · February 2011
- Building
- Sanibel
About 402, Sanibel
402 is a two-bedroom apartment of 1,361 sqft on the 4th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 15 February 2011 for AED 1,268,888, or AED 932 per sqft, 10% below the AED 1,031 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 22 June 2026, is AED 130,000 a year: a gross yield of 10.3% on the 2011 price, before the service charge of about AED 14,200 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
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 402 sits
All 52 2-beds →402 last sold in February 2011 at AED 932 per sqft, 10% below what two-beds in Sanibel were fetching at the time (AED 1,031). 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. 402's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Nov 202527 November 2025 | 1,361 sqft | 2,750,000 | 2,020 | ||
| 16 Jul 202516 July 2025 | 1,463 sqft | 2,915,000 | 1,992 | ||
| 13 Mar 202513 March 2025 | 1,463 sqft | 2,438,820 | 1,666 | ||
| 29 Jan 202529 January 2025 | 1,361 sqft | 2,925,000 | 2,149 |
Sanibel
Building163 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%
Other units on the 4th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 909 sqft | AED 2MAED 2,000,000 · Jan 2026January 2026 | 110,000 /yr | |
| 403 | 2-bed | 1,463 sqft | AED 1.57MAED 1,573,888 · Mar 2011March 2011 | 130,000 /yr | |
| 404 | 1-bed | 1,052 sqft | AED 1.78MAED 1,775,000 · May 2025May 2025 | 90,000 /yr | |
| 405 | 1-bed | 709 sqft | AED 1.43MAED 1,425,000 · Jul 2026July 2026 | 125,000 /yr | |
| 406 | 1-bed | 922 sqft | AED 1.3MAED 1,300,000 · Oct 2012October 2012 | 82,000 /yr |
402, Sanibel in numbers
- Sold twice: first on 2 March 2010 for AED 1,268,888, last on 15 February 2011 for AED 1,268,888 (AED 932 per sqft).
- Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 135,000 to AED 110,000 in 2022 and recovered to AED 130,000 by June 2026.
- At AED 130,000 a year the gross yield on the 2011 price is 10.3%, before a service charge of about AED 14,200 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 22 June 2026.
Questions about 402, Sanibel
What did unit 402 last sell for?
AED 1,268,888 on 15 February 2011: AED 932 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,268,888 in March 2010.
What is the rent for unit 402?
AED 130,000 a year on the contract signed on 22 June 2026. The previous contract, from May 2025, was AED 140,000; the unit has been rented since September 2013.
How big is unit 402?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2010.
What is unit 402 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 402, Sanibel
Starts from the last sale price (AED 1.27M, 15 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,268,888
- Deposit, UAE resident (20%)
- AED 253,778
- Deposit, non-resident (40%)
- AED 507,555
- Monthly over 25 years at 3.7%
- AED 5,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →