1-bed · 1,052 sqftSanibel, Dubai Marina · 23rd floor · completed 2010

2304, Sanibel

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 13 March 2025
Last soldAED 902K2 March 2010
Current rentAED 120K /yr13 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Sanibel

What is 2304 worth today?

Last sold for AED 901,888 in 2010

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13 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 115 per sqft
13 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 114 per sqft
26 Dec 2020RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
15 Aug 2020RentedRenewal
AED 80,000/yr12 months · AED 76 per sqft
15 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
15 Jul 2018RentedRenewal
AED 120,000/yr12 months · AED 114 per sqft
15 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 114 per sqft
10 Jul 2016RentedNew contract
AED 125,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 13 March 2025.

Key facts

Type
1-bed apartment
Size
1,052 sqft
Floor
23rd of 27
Parking
P2-2188
Developer
Emaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 902K · March 2010
Building
Sanibel

About 2304, Sanibel

2304 is a one-bedroom apartment of 1,052 sqft on the 23rd floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. The developer sold it on 2 March 2010 for AED 901,888, or AED 857 per sqft, 18% below the AED 1,046 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 13 March 2025, is AED 120,000 a year: a gross yield of 13.3% on the 2010 price, before the service charge of about AED 11,000 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical one-bed in Sanibel
1M2M2009201420192024Typical sale price by year: 2009 AED 896,888; 2010 AED 869,388; 2011 AED 847,888; 2012 AED 937,500; 2013 AED 1,235,944; 2014 AED 1,680,000; 2015 AED 954,222; 2016 AED 1,300,000; 2017 AED 1,240,000; 2018 AED 1,400,000; 2019 AED 1,017,500; 2020 AED 900,000; 2021 AED 1,150,901; 2022 AED 1,500,000; 2023 AED 1,600,000; 2024 AED 1,930,000; 2025 AED 2,087,500Sold by developer, March 2010: AED 901,888 (AED 857 per sqft)

2304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in Sanibel
100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 106,000; 2015 AED 107,000; 2016 AED 108,374; 2017 AED 110,000; 2018 AED 94,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 72,750; 2022 AED 80,000; 2023 AED 91,850; 2024 AED 105,000; 2025 AED 106,207; 2026 AED 105,000New contract, July 2015: AED 126,000 a yearNew contract, July 2016: AED 125,000 a yearNew contract, July 2017: AED 120,000 a yearRenewal, July 2018: AED 120,000 a yearNew contract, August 2019: AED 85,000 a yearRenewal, August 2020: AED 80,000 a yearNew contract, December 2020: AED 65,000 a yearNew contract, March 2024: AED 120,000 a yearRenewal, March 2025: AED 120,000 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 2304 sits

All 106 1-beds →

2304 last sold in March 2010 at AED 857 per sqft, 18% below what one-beds in Sanibel were fetching at the time (AED 1,046). 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. 2304's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jan 20262,000,000
8 Jan 202641,005
20 Jun 20256,161
15 May 20251,775,000
3 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. 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 23rd floor

All 163 units in Sanibel
Value
23011-bedAED 900K · Nov 2019
23022-bedAED 1.35M · Dec 2010
23032-bedAED 2.25M · Feb 2016
23051-bedAED 913K · Jun 2013
23061-bedAED 1.52M · Jan 2023

2304, Sanibel in numbers

  • Sold once: by Emaar on 2 March 2010 for AED 901,888, or AED 857 per sqft.
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 126,000 to AED 65,000 in 2020 and recovered to AED 120,000 by March 2025.
  • At AED 120,000 a year the gross yield on the 2010 price is 13.3%, before a service charge of about AED 11,000 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 13 March 2025.

Questions about 2304, Sanibel

What did unit 2304 last sell for?

AED 901,888 on 2 March 2010, sold by the developer: AED 857 per sqft for 1,052 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 120,000 a year on the contract renewed on 13 March 2025. The previous contract, from March 2024, was AED 120,000; the unit has been rented since July 2015.

How big is unit 2304?

1,052 sqft (97.7 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2010.

What is unit 2304 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 2304, Sanibel

Starts from the last sale price (AED 902K, 2 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 901,888
Deposit, UAE resident (20%)
AED 180,378
Deposit, non-resident (40%)
AED 360,755
Monthly over 25 years at 3.7%
AED 3,690

Plus AED 42,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →