405, Sanibel
Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Sanibel
What is 405 worth today?
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Source: Dubai Land Department. Updated 14 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 709 sqft
- Floor
- 4th of 27
- Parking
- P3-3008
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 7,400 /yr
- Last sold
- AED 1.35M · December 2023
- Building
- Sanibel
About 405, Sanibel
405 is a one-bedroom apartment of 709 sqft on the 4th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 1 December 2023 for AED 1,350,000, or AED 1,904 per sqft, 9% above the AED 1,744 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 14 November 2024, is AED 125,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 7,400 a year.
Sales and rents for 405 over time
405 has sold 4 times; 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 405 sits
All 106 1-beds →405 last sold in December 2023 at AED 1,904 per sqft, 9% above what one-beds in Sanibel were fetching at the time (AED 1,744). 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. 405's AED 125,000 is in the upper 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 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 | |
| 402 | 2-bed | 1,361 sqft | AED 1.27MAED 1,268,888 · Feb 2011February 2011 | 140,000 /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 | |
| 406 | 1-bed | 922 sqft | AED 1.3MAED 1,300,000 · Oct 2012October 2012 | 82,000 /yr |
405, Sanibel in numbers
- Sold 4 times: first on 2 March 2010 for AED 642,888, last on 1 December 2023 for AED 1,350,000 (AED 1,904 per sqft).
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 63,000 in 2021 and recovered to AED 125,000 by November 2024.
- At AED 125,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 7,400 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 14 November 2024.
Questions about 405, Sanibel
What did unit 405 last sell for?
AED 1,350,000 on 1 December 2023: AED 1,904 per sqft for 709 sqft. The unit has 4 registered sales; the first was AED 642,888 in March 2010.
What is the rent for unit 405?
AED 125,000 a year on the contract signed on 14 November 2024. The previous contract, from March 2023, was AED 69,559; the unit has been rented since March 2019.
How big is unit 405?
709 sqft (65.9 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2010.
What is unit 405 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 405, Sanibel
Starts from the last sale price (AED 1.35M, 1 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →