1-bed · 1,052 sqftSanibel, Dubai Marina · 6th floor · completed 2010

604, Sanibel

Sold prices and rental history: sold 3 times, last in March 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 785K3 March 2016
Current rentAED 126K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Sanibel

What is 604 worth today?

Last sold for AED 785,000 in 2016

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1 Sep 2024RentedRenewal
AED 126,000/yr12 months · AED 119 per sqft
1 Sep 2024RentedRenewal
AED 126,000/yr12 months · AED 119 per sqft
1 Sep 2023RentedNew contract
AED 120,000/yr12 months · AED 114 per sqft
20 Sep 2022RentedRenewal
AED 87,500/yr12 months · AED 83 per sqft
20 Sep 2021RentedRenewal
AED 78,000/yr12 months · AED 74 per sqft
20 Sep 2020RentedNew contract
AED 78,000/yr12 months · AED 74 per sqft
3 Mar 2016SoldReady
AED 785,000AED 746 per sqft
18 Oct 2015RentedNew contract
AED 125,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
1,052 sqft
Floor
6th of 27
Parking
P2-2182
Developer
Emaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 785K · March 2016
Building
Sanibel

About 604, Sanibel

604 is a one-bedroom apartment of 1,052 sqft on the 6th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 3 March 2016 for AED 785,000, or AED 746 per sqft, in line with the AED 746 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 126,000 a year: a gross yield of 16.1% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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 408,444 (AED 388 per sqft)Sold, June 2015: AED 408,444 (AED 388 per sqft)Sold, March 2016: AED 785,000 (AED 746 per sqft)

604 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 604, each contractTypical one-bed in Sanibel
75K100K125K2012201620202024Typical 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, October 2015: AED 125,000 a yearNew contract, September 2020: AED 78,000 a yearRenewal, September 2021: AED 78,000 a yearRenewal, September 2022: AED 87,500 a yearNew contract, September 2023: AED 120,000 a yearRenewal, September 2024: AED 126,000 a yearRenewal, September 2024: AED 126,000 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 604 sits

All 111 1-beds →

604 last sold in March 2016 at AED 746 per sqft, in line with what one-beds in Sanibel were fetching at the time (AED 746). 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. 604's AED 126,000 is in the upper 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 6th floor

All 163 units in Sanibel
Value
6011-bedAED 1M · Oct 2020
6022-bedAED 1.29M · Mar 2011
6032-bedAED 2.75M · Nov 2014
6051-bedAED 1.35M · May 2026
6061-bedAED 1.55M · Nov 2022

604, Sanibel in numbers

  • Sold 3 times: first on 15 July 2009 for AED 408,444, last on 3 March 2016 for AED 785,000 (AED 746 per sqft).
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 78,000 in 2021 and recovered to AED 126,000 by September 2024.
  • At AED 126,000 a year the gross yield on the 2016 price is 16.1%, before a service charge of about AED 11,000 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 1 September 2024.

Questions about 604, Sanibel

What did unit 604 last sell for?

AED 785,000 on 3 March 2016: AED 746 per sqft for 1,052 sqft. The unit has 3 registered sales; the first was AED 408,444 in July 2009.

What is the rent for unit 604?

AED 126,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 126,000; the unit has been rented since October 2015.

How big is unit 604?

1,052 sqft (97.7 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2010.

What is unit 604 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 604, Sanibel

Starts from the last sale price (AED 785K, 3 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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