2-bed · 1,463 sqftSanibel, Dubai Marina · 24th floor · completed 2010

2403, Sanibel

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

Unit 2403 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 1.48M24 February 2011
Current rentAED 139K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Sanibel

What is 2403 worth today?

Last sold for AED 1,475,888 in 2011

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5 Nov 2025RentedRenewal
AED 139,000/yr12 months · AED 95 per sqft
6 Jul 2025RentedNew contract
AED 155,000/yr12 months · AED 106 per sqft
5 Nov 2024RentedRenewal
AED 133,000/yr6 months · AED 91 per sqft
5 May 2024RentedRenewal
AED 126,750/yr6 months · AED 87 per sqft
5 May 2023RentedRenewal
AED 120,750/yr12 months · AED 83 per sqft
5 May 2022RentedRenewal
AED 115,000/yr12 months · AED 79 per sqft
5 Apr 2021RentedRenewal
AED 106,154/yr13 months · AED 73 per sqft
1 Mar 2019RentedNew contract
AED 145,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
24th of 27
Parking
G-G008
Developer
Emaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.48M · February 2011
Building
Sanibel

About 2403, Sanibel

2403 is a two-bedroom apartment of 1,463 sqft on the 24th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 24 February 2011 for AED 1,475,888, or AED 1,008 per sqft, in line with the AED 1,031 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 139,000 a year: a gross yield of 9.4% on the 2011 price, before the service charge of about AED 15,300 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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 1,475,888 (AED 1,008 per sqft)Sold, February 2011: AED 1,475,888 (AED 1,008 per sqft)

2403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, 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, September 2012: AED 115,000 a yearRenewal, September 2013: AED 115,000 a yearRenewal, September 2014: AED 120,750 a yearRenewal, September 2015: AED 120,750 a yearRenewal, September 2016: AED 139,466 a yearRenewal, September 2017: AED 139,466 a yearRenewal, September 2018: AED 132,000 a yearNew contract, March 2019: AED 145,000 a yearRenewal, April 2021: AED 106,154 a yearRenewal, May 2022: AED 115,000 a yearRenewal, May 2023: AED 120,750 a yearRenewal, May 2024: AED 126,750 a yearRenewal, November 2024: AED 133,000 a yearNew contract, July 2025: AED 155,000 a yearRenewal, November 2025: AED 139,000 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 2403 sits

All 51 2-beds →

2403 last sold in February 2011 at AED 1,008 per sqft, in line with what two-beds in Sanibel were fetching at the time (AED 1,031). 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 24th floor

All 163 units in Sanibel
Value
24011-bedAED 1.95M · Jan 2024
24022-bedAED 2.4M · Jan 2022
24041-bedAED 907K · Mar 2010
24051-bedAED 1.4M · Mar 2014
24061-bedAED 1.28M · Jul 2011

2403, Sanibel in numbers

  • Sold twice: first on 2 March 2010 for AED 1,475,888, last on 24 February 2011 for AED 1,475,888 (AED 1,008 per sqft).
  • Rented since September 2012 on 15 Ejari contracts, from AED 115,000 to AED 139,000 a year.
  • At AED 139,000 a year the gross yield on the 2011 price is 9.4%, 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 5 November 2025.

Questions about 2403, Sanibel

What did unit 2403 last sell for?

AED 1,475,888 on 24 February 2011: AED 1,008 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,475,888 in March 2010.

What is the rent for unit 2403?

AED 139,000 a year on the contract renewed on 5 November 2025. The previous contract, from July 2025, was AED 155,000; the unit has been rented since September 2012.

How big is unit 2403?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 24th floor of a 27-storey tower completed in 2010.

What is unit 2403 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 2403, Sanibel

Starts from the last sale price (AED 1.48M, 24 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,888
Deposit, UAE resident (20%)
AED 295,178
Deposit, non-resident (40%)
AED 590,355
Monthly over 25 years at 3.7%
AED 6,038

Plus AED 66,998 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →