1-bed · 709 sqftSanibel, Dubai Marina · 5th floor · completed 2010

505, Sanibel

Sold prices and rental history: sold twice, last in February 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 648K16 February 2011
Current rentAED 80K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Sanibel

What is 505 worth today?

Last sold for AED 647,888 in 2011

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10 Apr 2026RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
10 Apr 2026RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
31 Aug 2025RentedNew contract
AED 106,207/yr6 months · AED 149 per sqft
15 Jun 2025RentedRenewal
AED 105,000/yr12 months · AED 150 per sqft
15 Jun 2025RentedRenewal
AED 105,000/yr12 months · AED 150 per sqft
15 Jun 2024RentedNew contract
AED 90,000/yr12 months · AED 129 per sqft
15 Jun 2024RentedNew contract
AED 90,000/yr12 months · AED 129 per sqft
7 Aug 2023RentedNew contract
AED 105,000/yr12 months · AED 148 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
1-bed apartment
Size
709 sqft
Floor
5th of 27
Parking
P3-3009
Developer
Emaar
Completed
2010
Service charge
AED 7,400 /yr
Last sold
AED 648K · February 2011
Building
Sanibel

About 505, Sanibel

505 is a one-bedroom apartment of 709 sqft on the 5th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 16 February 2011 for AED 647,888, or AED 913 per sqft, 11% below the AED 1,031 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 10 April 2026, is AED 80,000 a year: a gross yield of 12.3% on the 2011 price, before the service charge of about AED 7,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Sanibel
1M2M2009201420192024Typical sale price by year: 2009 AED 896,888; 2010 AED 866,888; 2011 AED 848,888; 2012 AED 950,000; 2013 AED 1,235,944; 2014 AED 1,640,000; 2015 AED 954,222; 2016 AED 1,385,000; 2017 AED 1,240,000; 2018 AED 1,400,000; 2019 AED 1,017,500; 2020 AED 950,000; 2021 AED 1,150,901; 2022 AED 1,500,000; 2023 AED 1,610,000; 2024 AED 1,930,000; 2025 AED 1,995,000; 2026 AED 1,875,000Sold by developer, July 2009: AED 647,888 (AED 913 per sqft)Sold, February 2011: AED 647,888 (AED 913 per sqft)

505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in Sanibel
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 106,000; 2015 AED 110,000; 2016 AED 106,572; 2017 AED 105,005; 2018 AED 94,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 73,000; 2022 AED 78,500; 2023 AED 91,850; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000New contract, September 2017: AED 100,000 a yearNew contract, August 2023: AED 105,000 a yearNew contract, June 2024: AED 90,000 a yearNew contract, June 2024: AED 90,000 a yearRenewal, June 2025: AED 105,000 a yearRenewal, June 2025: AED 105,000 a yearNew contract, August 2025: AED 106,207 a yearNew contract, April 2026: AED 80,000 a yearNew contract, April 2026: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sanibel, and where 505 sits

All 111 1-beds →

505 last sold in February 2011 at AED 913 per sqft, 11% below what one-beds in Sanibel were fetching at the time (AED 1,031). Over the last 12 months one-beds sold for AED 1,350,000 to 2,000,000, around AED 2,040 per sqft, and rent for AED 50,000 to 170,000 a year. 505's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Sep 20262,000,000
18 Sep 20261,875,000
3 Sep 20261,950,000
30 Jul 202612,787
13 1-bed sales 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 5th floor

All 163 units in Sanibel
Value
5011-bedAED 1.1M · Mar 2013
5022-bedAED 2.35M · Dec 2016
5032-bedAED 1.38M · Feb 2011
5041-bedAED 1.43M · Jul 2022
5061-bedAED 999K · Mar 2012

505, Sanibel in numbers

  • Sold twice: first on 27 July 2009 for AED 647,888, last on 16 February 2011 for AED 647,888 (AED 913 per sqft).
  • Rented since September 2017 on 9 Ejari contracts, from AED 100,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2011 price is 12.3%, before a service charge of about AED 7,400 a year (AED 10.47 per sqft).
  • One-beds in Sanibel sold for AED 1,350,000–2,000,000 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 10 April 2026.

Questions about 505, Sanibel

What did unit 505 last sell for?

AED 647,888 on 16 February 2011: AED 913 per sqft for 709 sqft. The unit has 2 registered sales; the first was AED 647,888 in July 2009.

What is the rent for unit 505?

AED 80,000 a year on the contract signed on 10 April 2026. The previous contract, from April 2026, was AED 80,000; the unit has been rented since September 2017.

How big is unit 505?

709 sqft (65.9 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sanibel sold for AED 1,350,000 to 2,000,000 in the last 12 months, around AED 2,040 per sqft.

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Mortgage on 505, Sanibel

Starts from the last sale price (AED 648K, 16 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 647,888
Deposit, UAE resident (20%)
AED 129,578
Deposit, non-resident (40%)
AED 259,155
Monthly over 25 years at 3.7%
AED 2,651

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