506, Sanibel
Sold prices and rental history: sold 3 times, last in March 2012, 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 506, Sanibel
What is 506 worth today?
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Source: Dubai Land Department. Updated 14 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 922 sqft
- Floor
- 5th of 27
- Parking
- P3-3187
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 9,700 /yr
- Last sold
- AED 999K · March 2012
- Building
- Sanibel
About 506, Sanibel
506 is a one-bedroom apartment of 922 sqft on the 5th floor of Sanibel, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 1 March 2012 for AED 999,100, or AED 1,083 per sqft, 9% above the AED 995 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 14 June 2025, is AED 102,500 a year: a gross yield of 10.3% on the 2012 price, before the service charge of about AED 9,700 a year.
Sales and rents for 506 over time
506 has sold 3 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 506 sits
All 106 1-beds →506 last sold in March 2012 at AED 1,083 per sqft, 9% above what one-beds in Sanibel were fetching at the time (AED 995). 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. 506's AED 102,500 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 5th floor
All 163 units in Sanibel| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 909 sqft | AED 1.1MAED 1,100,000 · Mar 2013March 2013 | 95,000 /yr | |
| 502 | 2-bed | 1,361 sqft | AED 2.35MAED 2,350,000 · Dec 2016December 2016 | 169,496 /yr | |
| 503 | 2-bed | 1,463 sqft | AED 1.38MAED 1,380,000 · Feb 2011February 2011 | 120,000 /yr | |
| 504 | 1-bed | 1,052 sqft | AED 1.43MAED 1,425,000 · Jul 2022July 2022 | 75,000 /yr | |
| 505 | 1-bed | 709 sqft | AED 648KAED 647,888 · Feb 2011February 2011 | 106,207 /yr |
506, Sanibel in numbers
- Sold 3 times: first on 20 July 2010 for AED 999,100, last on 1 March 2012 for AED 999,100 (AED 1,083 per sqft).
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 102,500 by June 2025.
- At AED 102,500 a year the gross yield on the 2012 price is 10.3%, before a service charge of about AED 9,700 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 June 2025.
Questions about 506, Sanibel
What did unit 506 last sell for?
AED 999,100 on 1 March 2012: AED 1,083 per sqft for 922 sqft. The unit has 3 registered sales; the first was AED 999,100 in July 2010.
What is the rent for unit 506?
AED 102,500 a year on the contract signed on 14 June 2025. The previous contract, from June 2024, was AED 100,000; the unit has been rented since September 2013.
How big is unit 506?
922 sqft (85.7 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.
What is unit 506 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 506, Sanibel
Starts from the last sale price (AED 999K, 1 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 999,100
- Deposit, UAE resident (20%)
- AED 199,820
- Deposit, non-resident (40%)
- AED 399,640
- Monthly over 25 years at 3.7%
- AED 4,088
Plus AED 46,972 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →