403, Sanibel
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Sanibel
What is 403 worth today?
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Source: Dubai Land Department. Updated 29 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,463 sqft
- Floor
- 4th of 27
- Parking
- P1-1156
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.57M · March 2011
- Building
- Sanibel
About 403, Sanibel
403 is a two-bedroom apartment of 1,463 sqft on the 4th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. The developer sold it on 22 March 2011 for AED 1,573,888, or AED 1,075 per sqft, 6% above the AED 1,015 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 29 July 2025, is AED 130,000 a year: a gross yield of 8.3% on the 2011 price, before the service charge of about AED 15,300 a year.
Sales and rents for 403 over time
403 has sold once; 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 403 sits
All 52 2-beds →403 last sold in March 2011 at AED 1,075 per sqft, 6% above what two-beds in Sanibel were fetching at the time (AED 1,015). 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. 403'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 | |
| 402 | 2-bed | 1,361 sqft | AED 1.27MAED 1,268,888 · Feb 2011February 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 |
403, Sanibel in numbers
- Sold once: by Emaar on 22 March 2011 for AED 1,573,888, or AED 1,075 per sqft.
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 143,000 to AED 80,000 in 2021 and recovered to AED 130,000 by July 2025.
- At AED 130,000 a year the gross yield on the 2011 price is 8.3%, before a service charge of about AED 15,300 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 29 July 2025.
Questions about 403, Sanibel
What did unit 403 last sell for?
AED 1,573,888 on 22 March 2011, sold by the developer: AED 1,075 per sqft for 1,463 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 130,000 a year on the contract signed on 29 July 2025. The previous contract, from July 2025, was AED 130,000; the unit has been rented since November 2017.
How big is unit 403?
1,463 sqft (135.9 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2010.
What is unit 403 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 403, Sanibel
Starts from the last sale price (AED 1.57M, 22 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,573,888
- Deposit, UAE resident (20%)
- AED 314,778
- Deposit, non-resident (40%)
- AED 629,555
- Monthly over 25 years at 3.7%
- AED 6,439
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →