2-bed · 1,463 sqftSanibel, Dubai Marina · 18th floor · completed 2010

1803, Sanibel

Sold prices and rental history: sold 3 times, last in December 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 6 October 2024
Last soldAED 2.4M23 December 2013
Current rentAED 160K /yr6 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Sanibel

What is 1803 worth today?

Last sold for AED 2,400,000 in 2013

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6 Oct 2024RentedRenewal
AED 160,000/yr12 months · AED 109 per sqft
6 Oct 2023RentedNew contract
AED 155,000/yr12 months · AED 106 per sqft
15 Sep 2022RentedRenewal
AED 123,000/yr12 months · AED 84 per sqft
15 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
15 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
29 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 82 per sqft
3 Nov 2017RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
15 Nov 2014RentedNew contract
AED 165,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 6 October 2024.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
18th of 27
Parking
G-G027
Developer
Emaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 2.4M · December 2013
Building
Sanibel

About 1803, Sanibel

1803 is a two-bedroom apartment of 1,463 sqft on the 18th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 23 December 2013 for AED 2,400,000, or AED 1,640 per sqft, 18% above the AED 1,388 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 6 October 2024, is AED 160,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, each saleTypical two-bed in Sanibel
1M2M3M2009201420192024Typical 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 873,444 (AED 597 per sqft)Sold, April 2012: AED 873,444 (AED 597 per sqft)Sold, December 2013: AED 2,400,000 (AED 1,640 per sqft)

1803 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, 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, April 2013: AED 140,000 a yearNew contract, November 2014: AED 165,000 a yearNew contract, November 2017: AED 140,000 a yearNew contract, June 2019: AED 120,000 a yearNew contract, September 2020: AED 85,000 a yearNew contract, September 2021: AED 95,000 a yearRenewal, September 2022: AED 123,000 a yearNew contract, October 2023: AED 155,000 a yearRenewal, October 2024: AED 160,000 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 1803 sits

All 51 2-beds →

1803 last sold in December 2013 at AED 1,640 per sqft, 18% above what two-beds in Sanibel were fetching at the time (AED 1,388). 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 18th floor

All 163 units in Sanibel
Value
18011-bedAED 1.13M · Jan 2011
18022-bedAED 1.44M · Mar 2012
18041-bedAED 825K · Jan 2023
18051-bedAED 830K · May 2011
18061-bedAED 2M · Dec 2024

1803, Sanibel in numbers

  • Sold 3 times: first on 14 March 2010 for AED 873,444, last on 23 December 2013 for AED 2,400,000 (AED 1,640 per sqft).
  • Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2020 and recovered to AED 160,000 by October 2024.
  • At AED 160,000 a year the gross yield on the 2013 price is 6.7%, 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 6 October 2024.

Questions about 1803, Sanibel

What did unit 1803 last sell for?

AED 2,400,000 on 23 December 2013: AED 1,640 per sqft for 1,463 sqft. The unit has 3 registered sales; the first was AED 873,444 in March 2010.

What is the rent for unit 1803?

AED 160,000 a year on the contract renewed on 6 October 2024. The previous contract, from October 2023, was AED 155,000; the unit has been rented since April 2013.

How big is unit 1803?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 18th floor of a 27-storey tower completed in 2010.

What is unit 1803 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 1803, Sanibel

Starts from the last sale price (AED 2.4M, 23 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →