1501, Horizon Tower
Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Horizon Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 7 June 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 2,409 sqft
- Floor
- 15th of 44
- Parking
- B2-06, B2-07
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,000 /yr
- Last sold
- AED 1.8M · April 2013
- Building
- Horizon Tower
About 1501, Horizon Tower
1501 is a four-bedroom apartment of 2,409 sqft on the 15th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 24 April 2013 for AED 1,800,000, or AED 747 per sqft, in line with the AED 748 four-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 7 June 2022, is AED 180,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 35,000 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the four-bed median of each year in the building.
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 1501 sits
All 164 4-beds →1501 last sold in April 2013 at AED 747 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 748). 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. 1501's AED 180,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 2,409 sqft | 2,600,000 | 1,079 | ||
| 19 Aug 202619 August 2026 | 2,409 sqft | 3,200,000 | 1,328 | ||
| 14 Jul 202614 July 2026 | 2,409 sqft | 2,500,000 | 1,037 | ||
| 22 May 202622 May 2026 | 2,451 sqft | 3,450,000 | 1,407 |
Horizon Tower
Building164 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%
Other units on the 15th floor
All 164 units in Horizon Tower1501, Horizon Tower in numbers
- Sold twice: first on 5 January 2009 for AED 780,525, last on 24 April 2013 for AED 1,800,000 (AED 747 per sqft).
- Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 110,000 in 2021 and recovered to AED 180,000 by June 2022.
- At AED 180,000 a year the gross yield on the 2013 price is 10.0%, 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 7 June 2022.
Questions about 1501, Horizon Tower
What did unit 1501 last sell for?
AED 1,800,000 on 24 April 2013: AED 747 per sqft for 2,409 sqft. The unit has 2 registered sales; the first was AED 780,525 in January 2009.
What is the rent for unit 1501?
AED 180,000 a year on the contract signed on 7 June 2022. The previous contract, from June 2021, was AED 110,000; the unit has been rented since March 2015.
How big is unit 1501?
2,409 sqft (223.8 sqm): a four-bedroom apartment on the 15th floor of a 44-storey tower completed in 2006.
What is unit 1501 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 1501, Horizon Tower
Starts from the last sale price (AED 1.8M, 24 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →