2-bed · 1,735 sqftSanibel, Dubai Marina · 1st floor · completed 2010

UG02, Sanibel

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UG02 · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 2.38M8 December 2023
Current rentAED 125K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UG02, Sanibel

What is UG02 worth today?

Last sold for AED 2,375,000 in 2023

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8 Dec 2023SoldReady
AED 2,375,000AED 1,368 per sqft
1 Nov 2022RentedNew contract
AED 125,000/yr12 months · AED 72 per sqft
25 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
25 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
15 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
27 Sep 2014RentedNew contract
AED 145,000/yr12 months · AED 84 per sqft
2 Feb 2012SoldReady
AED 2,049,888AED 1,181 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,049,888AED 1,181 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
2-bed apartment
Size
1,735 sqft
Floor
1st of 27
Parking
G-G010
Developer
Emaar
Completed
2010
Service charge
AED 18,200 /yr
Last sold
AED 2.38M · December 2023
Building
Sanibel

About UG02, Sanibel

UG02 is a two-bedroom apartment of 1,735 sqft on the 1st floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 8 December 2023 for AED 2,375,000, or AED 1,368 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 November 2022, is AED 125,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 18,200 a year.

Sales and rents for UG02 over time

Sales
Unit UG02, each saleTypical two-bed in Sanibel
2M3M2009201420192024Typical sale price by year: 2009 AED 1,613,888; 2010 AED 1,448,888; 2011 AED 1,471,444; 2012 AED 1,610,000; 2013 AED 2,025,000; 2014 AED 2,425,000; 2016 AED 2,425,000; 2020 AED 1,550,000; 2021 AED 2,070,000; 2022 AED 2,400,000; 2024 AED 2,825,000; 2025 AED 2,832,500Sold by developer, March 2010: AED 2,049,888 (AED 1,181 per sqft)Sold, February 2012: AED 2,049,888 (AED 1,181 per sqft)Sold, December 2023: AED 2,375,000 (AED 1,368 per sqft)

UG02 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit UG02, each contractTypical two-bed in Sanibel
100K150K2012201620202024Typical rent by year: 2012 AED 115,500; 2013 AED 130,000; 2014 AED 149,599; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,000; 2020 AED 110,000; 2021 AED 108,077; 2022 AED 120,000; 2023 AED 138,000; 2024 AED 145,200; 2025 AED 155,000; 2026 AED 150,000New contract, September 2014: AED 145,000 a yearNew contract, October 2017: AED 150,000 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 100,000 a yearNew contract, November 2022: AED 125,000 a year

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 UG02 sits

All 52 2-beds →

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. UG02's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Nov 20252,750,000
16 Jul 20252,915,000
13 Mar 20252,438,820
29 Jan 20252,925,000
1 2-bed sale 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 1st floor

All 163 units in Sanibel
Value
1011-bedAED 2.2M · Apr 2025
1022-bedAED 1.7M · Apr 2012
1041-bedAED 1.81M · Apr 2026
1051-bedAED 13K · Jul 2026
1061-bedAED 974K · May 2011
UG011-bedAED 1.93M · Jun 2024
UG051-bedAED 1.2M · Jul 2016
1–7 of 8

UG02, Sanibel in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,049,888, last on 8 December 2023 for AED 2,375,000 (AED 1,368 per sqft).
  • Rented since September 2014 on 5 Ejari contracts. The rent fell from AED 145,000 to AED 100,000 in 2021 and recovered to AED 125,000 by November 2022.
  • At AED 125,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 18,200 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 8 December 2023.

Questions about UG02, Sanibel

What did unit UG02 last sell for?

AED 2,375,000 on 8 December 2023: AED 1,368 per sqft for 1,735 sqft. The unit has 3 registered sales; the first was AED 2,049,888 in March 2010.

What is the rent for unit UG02?

AED 125,000 a year on the contract signed on 1 November 2022. The previous contract, from October 2021, was AED 100,000; the unit has been rented since September 2014.

How big is unit UG02?

1,735 sqft (161.2 sqm): a two-bedroom apartment on the 1st floor of a 27-storey tower completed in 2010.

What is unit UG02 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 UG02, Sanibel

Starts from the last sale price (AED 2.38M, 8 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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