502, Sanibel
Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Sanibel
What is 502 worth today?
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Source: Dubai Land Department. Updated 12 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 5th of 27
- Parking
- P1-1198
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 14,200 /yr
- Last sold
- AED 2.35M · December 2016
- Building
- Sanibel
About 502, Sanibel
502 is a two-bedroom apartment of 1,361 sqft on the 5th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 8 December 2016 for AED 2,350,000, or AED 1,726 per sqft, in line with the AED 1,728 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 12 February 2026, is AED 169,496 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 14,200 a year.
Sales and rents for 502 over time
502 has sold 3 times; 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 502 sits
All 52 2-beds →502 last sold in December 2016 at AED 1,726 per sqft, in line with what two-beds in Sanibel were fetching at the time (AED 1,728). 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. 502's AED 169,496 is in the upper 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 5th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 909 sqft | AED 1.1MAED 1,100,000 · Mar 2013March 2013 | 95,000 /yr | |
| 503 | 2-bed | 1,463 sqft | AED 1.38MAED 1,380,000 · Feb 2011February 2011 | 120,000 /yr | |
| 504 | 1-bed | 1,052 sqft | AED 1.43MAED 1,425,000 · Jul 2022July 2022 | 75,000 /yr | |
| 505 | 1-bed | 709 sqft | AED 648KAED 647,888 · Feb 2011February 2011 | 80,000 /yr | |
| 506 | 1-bed | 922 sqft | AED 999KAED 999,100 · Mar 2012March 2012 | 95,000 /yr |
502, Sanibel in numbers
- Sold 3 times: first on 2 March 2010 for AED 1,280,888, last on 8 December 2016 for AED 2,350,000 (AED 1,726 per sqft).
- Rented since December 2012 on 14 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2021 and recovered to AED 169,496 by February 2026.
- At AED 169,496 a year the gross yield on the 2016 price is 7.2%, 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 12 February 2026.
Questions about 502, Sanibel
What did unit 502 last sell for?
AED 2,350,000 on 8 December 2016: AED 1,726 per sqft for 1,361 sqft. The unit has 3 registered sales; the first was AED 1,280,888 in March 2010.
What is the rent for unit 502?
AED 169,496 a year on the contract renewed on 12 February 2026. The previous contract, from February 2025, was AED 170,000; the unit has been rented since December 2012.
How big is unit 502?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.
What is unit 502 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 502, Sanibel
Starts from the last sale price (AED 2.35M, 8 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →