1601, Sanibel
Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Sanibel
What is 1601 worth today?
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Source: Dubai Land Department. Updated 23 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 909 sqft
- Floor
- 16th of 27
- Parking
- P2-2172
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 9,500 /yr
- Last sold
- AED 1.04M · June 2011
- Building
- Sanibel
About 1601, Sanibel
1601 is a one-bedroom apartment of 909 sqft on the 16th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 6 June 2011 for AED 1,042,888, or AED 1,147 per sqft, 22% above the AED 938 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 23 January 2023, is AED 85,000 a year: a gross yield of 8.2% on the 2011 price, before the service charge of about AED 9,500 a year.
Sales and rents for 1601 over time
1601 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1601 sits
All 106 1-beds →1601 last sold in June 2011 at AED 1,147 per sqft, 22% above what one-beds in Sanibel were fetching at the time (AED 938). Over the last 12 months one-beds sold for AED 1,990,000 to 2,000,000, around AED 2,195 per sqft, and rent for AED 50,000 to 145,000 a year. 1601's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 909 sqft | 2,000,000 | 2,200 | ||
| 8 Jan 20268 January 2026 | 1,070 sqft | 41,005 | 38 | ||
| 20 Jun 202520 June 2025 | 1,070 sqft | 6,161 | 5 | ||
| 15 May 202515 May 2025 | 1,052 sqft | 1,775,000 | 1,687 |
Sanibel
Building163 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%
Other units on the 16th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,361 sqft | AED 1.56MAED 1,560,888 · Jul 2011July 2011 | 130,000 /yr | |
| 1603 | 2-bed | 1,463 sqft | AED 2.37MAED 2,365,000 · Dec 2017December 2017 | 140,000 /yr | |
| 1604 | 1-bed | 1,052 sqft | AED 867KAED 866,888 · Mar 2012March 2012 | 95,000 /yr | |
| 1605 | 1-bed | 709 sqft | AED 1.45MAED 1,450,000 · Feb 2025February 2025 | 65,000 /yr | |
| 1606 | 1-bed | 922 sqft | AED 1.05MAED 1,050,888 · Nov 2011November 2011 | 94,500 /yr |
1601, Sanibel in numbers
- Sold twice: first on 19 October 2009 for AED 1,042,888, last on 6 June 2011 for AED 1,042,888 (AED 1,147 per sqft).
- Rented since June 2015 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2022 and recovered to AED 85,000 by January 2023.
- At AED 85,000 a year the gross yield on the 2011 price is 8.2%, before a service charge of about AED 9,500 a year (AED 10.47 per sqft).
- One-beds in Sanibel sold for AED 1,990,000–2,000,000 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 23 January 2023.
Questions about 1601, Sanibel
What did unit 1601 last sell for?
AED 1,042,888 on 6 June 2011: AED 1,147 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 1,042,888 in October 2009.
What is the rent for unit 1601?
AED 85,000 a year on the contract renewed on 23 January 2023. The previous contract, from January 2022, was AED 75,000; the unit has been rented since June 2015.
How big is unit 1601?
909 sqft (84.4 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1601 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 1,990,000 to 2,000,000 in the last 12 months, around AED 2,195 per sqft.
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Mortgage on 1601, Sanibel
Starts from the last sale price (AED 1.04M, 6 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,042,888
- Deposit, UAE resident (20%)
- AED 208,578
- Deposit, non-resident (40%)
- AED 417,155
- Monthly over 25 years at 3.7%
- AED 4,267
Plus AED 48,812 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →