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4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 13th floor · completed 2006

1304, Horizon Tower

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 2.5M1 June 2023
Current rentAED 120K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1304, Horizon Tower

What is 1304 worth today?

Last sold for AED 2,500,000 in 2023

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1 Jun 2023SoldReady
AED 2,500,000AED 1,037 per sqft
24 Nov 2022SoldReady
AED 1,800,000AED 747 per sqft
1 Sep 2022RentedRenewal
AED 120,000/yr12 months · AED 50 per sqft
1 Sep 2021RentedNew contract
AED 114,000/yr12 months · AED 47 per sqft
15 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
1 Jun 2019RentedNew contract
AED 135,000/yr12 months · AED 56 per sqft
14 Jun 2012SoldReady
AED 2,000,000AED 830 per sqft
2 Nov 2011Sold by developerReady
AED 2,197,182AED 912 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
13th of 44
Parking
B3-05, B3-04
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.5M · June 2023
Building
Horizon Tower

About 1304, Horizon Tower

1304 is a four-bedroom apartment of 2,409 sqft on the 13th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 1 June 2023 for AED 2,500,000, or AED 1,037 per sqft, 21% above the AED 854 four-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 120,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 35,000 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical four-bed in Horizon Tower
2M3M2008201320182023Typical sale price by year: 2008 AED 1,937,440; 2009 AED 1,672,000; 2010 AED 1,900,000; 2011 AED 1,607,500; 2012 AED 1,727,266; 2013 AED 2,200,000; 2014 AED 3,050,000; 2015 AED 2,500,000; 2016 AED 2,650,000; 2017 AED 3,300,000; 2018 AED 1,950,000; 2019 AED 1,500,000; 2020 AED 1,500,000; 2021 AED 1,590,000; 2022 AED 1,880,000; 2023 AED 2,600,000; 2024 AED 2,700,000; 2025 AED 3,000,000; 2026 AED 2,585,000Sold by developer, November 2011: AED 2,197,182 (AED 912 per sqft)Sold, June 2012: AED 2,000,000 (AED 830 per sqft)Sold, November 2022: AED 1,800,000 (AED 747 per sqft)Sold, June 2023: AED 2,500,000 (AED 1,037 per sqft)

1304 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1304, each contractTypical four-bed in Horizon Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 142,500; 2013 AED 168,000; 2014 AED 188,952; 2015 AED 195,000; 2016 AED 180,000; 2017 AED 175,000; 2018 AED 165,000; 2019 AED 150,000; 2020 AED 120,000; 2021 AED 115,000; 2022 AED 140,000; 2023 AED 180,000; 2024 AED 202,500; 2025 AED 210,000; 2026 AED 210,000New contract, June 2019: AED 135,000 a yearNew contract, August 2020: AED 110,000 a yearNew contract, September 2021: AED 114,000 a yearRenewal, September 2022: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Horizon Tower, and where 1304 sits

All 164 4-beds →

1304 last sold in June 2023 at AED 1,037 per sqft, 21% above what four-beds in Horizon Tower were fetching at the time (AED 854). Over the last 12 months four-beds sold for AED 2,300,000 to 3,450,000, around AED 1,067 per sqft, and rent for AED 100,000 to 478,713 a year. 1304's AED 120,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
5 Oct 20262,600,000
19 Aug 20263,200,000
14 Jul 20262,500,000
22 May 20263,450,000
11 4-bed sales in the last 12 months

Horizon Tower

Building

164 apartments, 4-bed over 44 floors in Dubai Marina, completed in 2006 by Gulf General Investments Co. 11 sold in the last 12 months.

Typical price per sqft
AED 1,067 Down 12.1%
Typical sale
AED 2.57M
Typical rent
AED 210K /yr
Typical yield
8.1%
Horizon Tower, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 164 units in Horizon Tower
Value
13014-bedAED 2.6M · Nov 2008
13024-bedAED 1.5M · May 2019
13034-bedAED 3M · Sep 2013

1304, Horizon Tower in numbers

  • Sold 4 times: first on 2 November 2011 for AED 2,197,182, last on 1 June 2023 for AED 2,500,000 (AED 1,037 per sqft).
  • Rented since June 2019 on 4 Ejari contracts, from AED 135,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 35,000 a year (AED 14.54 per sqft).
  • Four-beds in Horizon Tower sold for AED 2,300,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,067 per sqft.

Source: Dubai Land Department. Updated 1 June 2023.

Questions about 1304, Horizon Tower

What did unit 1304 last sell for?

AED 2,500,000 on 1 June 2023: AED 1,037 per sqft for 2,409 sqft. The unit has 4 registered sales; the first was AED 2,197,182 in November 2011.

What is the rent for unit 1304?

AED 120,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 114,000; the unit has been rented since June 2019.

How big is unit 1304?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 13th floor of a 44-storey tower completed in 2006.

What is unit 1304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Horizon Tower sold for AED 2,300,000 to 3,450,000 in the last 12 months, around AED 1,067 per sqft.

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Mortgage on 1304, Horizon Tower

Starts from the last sale price (AED 2.5M, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →