2-bed · 1,463 sqftSanibel, Dubai Marina · 12th floor · completed 2010

1203, Sanibel

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.36M1 March 2011
Current rentAED 138K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Sanibel

What is 1203 worth today?

Last sold for AED 1,355,888 in 2011

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1 Nov 2024RentedRenewal
AED 138,000/yr12 months · AED 94 per sqft
1 Nov 2023RentedRenewal
AED 131,250/yr12 months · AED 90 per sqft
1 Nov 2022RentedRenewal
AED 125,000/yr12 months · AED 85 per sqft
1 Nov 2021RentedNew contract
AED 125,000/yr12 months · AED 85 per sqft
20 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
20 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 79 per sqft
15 Mar 2019RentedRenewal
AED 150,000/yr3 months · AED 103 per sqft
15 Mar 2018RentedRenewal
AED 150,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
12th of 27
Parking
G-G007
Developer
Emaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.36M · March 2011
Building
Sanibel

About 1203, Sanibel

1203 is a two-bedroom apartment of 1,463 sqft on the 12th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 1 March 2011 for AED 1,355,888, or AED 926 per sqft, 10% below the AED 1,030 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 138,000 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Sanibel
2M3M2009201420192024Typical sale price by year: 2009 AED 1,613,888; 2010 AED 1,447,388; 2011 AED 1,470,000; 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 2,915,000Sold by developer, March 2010: AED 1,355,888 (AED 926 per sqft)Sold, March 2011: AED 1,355,888 (AED 926 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Sanibel
100K150K2012201620202024Typical rent by year: 2012 AED 115,500; 2013 AED 130,000; 2014 AED 147,099; 2015 AED 162,500; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 120,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 135,000; 2024 AED 150,000; 2025 AED 155,000New contract, June 2012: AED 105,000 a yearNew contract, August 2012: AED 120,000 a yearRenewal, August 2013: AED 120,000 a yearRenewal, August 2015: AED 155,000 a yearRenewal, August 2016: AED 155,000 a yearRenewal, March 2018: AED 150,000 a yearRenewal, March 2019: AED 150,000 a yearNew contract, September 2019: AED 115,000 a yearRenewal, September 2020: AED 100,000 a yearNew contract, November 2021: AED 125,000 a yearRenewal, November 2022: AED 125,000 a yearRenewal, November 2023: AED 131,250 a yearRenewal, November 2024: AED 138,000 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 1203 sits

All 51 2-beds →

1203 last sold in March 2011 at AED 926 per sqft, 10% below what two-beds in Sanibel were fetching at the time (AED 1,030). Over the last 12 months two-beds sold for AED 2,750,000, around AED 2,020 per sqft, and rent for AED 155,000 to 169,496 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 20252,915,000
13 Mar 20252,438,820
29 Jan 20252,925,000
18 Nov 20242,376,375
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. 4 sold in the last 12 months.

Typical price per sqft
AED 2,189
Typical sale
AED 2M
Typical rent
AED 110K /yr
Typical yield
6.1%
Sanibel, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 163 units in Sanibel
Value
1201AED 1.99M · Nov 2025
12022-bedAED 1.36M · Jul 2011
12041-bedAED 1.92M · Mar 2015
12051-bedAED 1.01M · Oct 2019
12061-bedAED 2M · May 2025

1203, Sanibel in numbers

  • Sold twice: first on 2 March 2010 for AED 1,355,888, last on 1 March 2011 for AED 1,355,888 (AED 926 per sqft).
  • Rented since June 2012 on 13 Ejari contracts, from AED 105,000 to AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2011 price is 10.2%, 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 2,189 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1203, Sanibel

What did unit 1203 last sell for?

AED 1,355,888 on 1 March 2011: AED 926 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,355,888 in March 2010.

What is the rent for unit 1203?

AED 138,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 131,250; the unit has been rented since June 2012.

How big is unit 1203?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2010.

What is unit 1203 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 1203, Sanibel

Starts from the last sale price (AED 1.36M, 1 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,355,888
Deposit, UAE resident (20%)
AED 271,178
Deposit, non-resident (40%)
AED 542,355
Monthly over 25 years at 3.7%
AED 5,547

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