402, Sanibel
Sold prices and rental history: sold twice, last in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Sanibel
What is 402 worth today?
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Source: Dubai Land Department. Updated 3 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 4th of 27
- Parking
- P1-1199
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 14,200 /yr
- Last sold
- AED 1.27M · February 2011
- Building
- Sanibel
About 402, Sanibel
402 is a two-bedroom apartment of 1,361 sqft on the 4th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 15 February 2011 for AED 1,268,888, or AED 932 per sqft, 10% below the AED 1,030 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 3 May 2025, is AED 140,000 a year: a gross yield of 11.0% on the 2011 price, before the service charge of about AED 14,200 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
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 402 sits
All 51 2-beds →402 last sold in February 2011 at AED 932 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202516 July 2025 | 1,463 sqft | 2,915,000 | 1,992 | ||
| 13 Mar 202513 March 2025 | 1,463 sqft | 2,438,820 | 1,666 | ||
| 29 Jan 202529 January 2025 | 1,361 sqft | 2,925,000 | 2,149 | ||
| 18 Nov 202418 November 2024 | 1,361 sqft | 2,376,375 | 1,746 |
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 4th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 909 sqft | AED 2MAED 2,000,000 · Jan 2026January 2026 | 120,000 /yr | |
| 403 | 2-bed | 1,463 sqft | AED 1.57MAED 1,573,888 · Mar 2011March 2011 | 130,000 /yr | |
| 404 | 1-bed | 1,052 sqft | AED 1.78MAED 1,775,000 · May 2025May 2025 | 78,100 /yr | |
| 405 | 1-bed | 709 sqft | AED 1.35MAED 1,350,000 · Dec 2023December 2023 | 125,000 /yr | |
| 406 | 1-bed | 922 sqft | AED 1.3MAED 1,300,000 · Oct 2012October 2012 | 82,000 /yr |
402, Sanibel in numbers
- Sold twice: first on 2 March 2010 for AED 1,268,888, last on 15 February 2011 for AED 1,268,888 (AED 932 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 110,000 in 2022 and recovered to AED 140,000 by May 2025.
- At AED 140,000 a year the gross yield on the 2011 price is 11.0%, before a service charge of about AED 14,200 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 3 May 2025.
Questions about 402, Sanibel
What did unit 402 last sell for?
AED 1,268,888 on 15 February 2011: AED 932 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,268,888 in March 2010.
What is the rent for unit 402?
AED 140,000 a year on the contract renewed on 3 May 2025. The previous contract, from May 2023, was AED 125,000; the unit has been rented since September 2013.
How big is unit 402?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2010.
What is unit 402 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 402, Sanibel
Starts from the last sale price (AED 1.27M, 15 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,268,888
- Deposit, UAE resident (20%)
- AED 253,778
- Deposit, non-resident (40%)
- AED 507,555
- Monthly over 25 years at 3.7%
- AED 5,191
Plus AED 58,304 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →