503, Sanibel
Sold prices and rental history: sold 3 times, last in February 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Sanibel
What is 503 worth today?
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Source: Dubai Land Department. Updated 17 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,463 sqft
- Floor
- 5th of 27
- Parking
- P1-1157
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.38M · February 2011
- Building
- Sanibel
About 503, Sanibel
503 is a two-bedroom apartment of 1,463 sqft on the 5th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 22 February 2011 for AED 1,380,000, or AED 943 per sqft, 10% below the AED 1,046 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 17 May 2023, is AED 120,000 a year: a gross yield of 8.7% on the 2011 price, before the service charge of about AED 15,300 a year.
Sales and rents for 503 over time
503 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 503 sits
All 52 2-beds →503 last sold in February 2011 at AED 943 per sqft, 10% below what two-beds in Sanibel were fetching at the time (AED 1,046). 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. 503's AED 120,000 is at the bottom 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 | |
| 502 | 2-bed | 1,361 sqft | AED 2.35MAED 2,350,000 · Dec 2016December 2016 | 169,496 /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 |
503, Sanibel in numbers
- Sold 3 times: first on 2 March 2010 for AED 1,586,888, last on 22 February 2011 for AED 1,380,000 (AED 943 per sqft).
- Rented since July 2014 on 4 Ejari contracts, from AED 100,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2011 price is 8.7%, 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 17 May 2023.
Questions about 503, Sanibel
What did unit 503 last sell for?
AED 1,380,000 on 22 February 2011: AED 943 per sqft for 1,463 sqft. The unit has 3 registered sales; the first was AED 1,586,888 in March 2010.
What is the rent for unit 503?
AED 120,000 a year on the contract renewed on 17 May 2023. The previous contract, from May 2022, was AED 115,000; the unit has been rented since July 2014.
How big is unit 503?
1,463 sqft (135.9 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.
What is unit 503 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 503, Sanibel
Starts from the last sale price (AED 1.38M, 22 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,380,000
- Deposit, UAE resident (20%)
- AED 276,000
- Deposit, non-resident (40%)
- AED 552,000
- Monthly over 25 years at 3.7%
- AED 5,646
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →