4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 16th floor · completed 2006

1604, Horizon Tower

Sold prices and rental history: sold 4 times, last in February 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 2.55M9 February 2017
Current rentAED 220K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Horizon Tower

What is 1604 worth today?

Last sold for AED 2,550,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2025RentedRenewal
AED 220,000/yr12 months · AED 91 per sqft
15 Dec 2024RentedRenewal
AED 220,000/yr12 months · AED 91 per sqft
15 Dec 2024RentedRenewal
AED 220,000/yr12 months · AED 91 per sqft
15 Dec 2023RentedRenewal
AED 198,720/yr12 months · AED 83 per sqft
15 Dec 2023RentedRenewal
AED 198,720/yr12 months · AED 83 per sqft
15 Dec 2022RentedRenewal
AED 172,800/yr12 months · AED 72 per sqft
15 Dec 2021RentedRenewal
AED 144,000/yr12 months · AED 60 per sqft
15 Dec 2020RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
16th of 44
Parking
B2-20, B2-21
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.55M · February 2017

About 1604, Horizon Tower

1604 is a four-bedroom apartment of 2,409 sqft on the 16th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 9 February 2017 for AED 2,550,000, or AED 1,058 per sqft, in line with the AED 1,070 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 13 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 220,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 35,000 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, June 2008: AED 1,978,500 (AED 821 per sqft)Sold, January 2012: AED 1,400,000 (AED 581 per sqft)Sold, September 2012: AED 2,050,000 (AED 851 per sqft)Sold, February 2017: AED 2,550,000 (AED 1,058 per sqft)

1604 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1604, 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, September 2016: AED 220,000 a yearNew contract, September 2017: AED 220,000 a yearNew contract, March 2018: AED 190,000 a yearRenewal, March 2019: AED 160,461 a yearRenewal, February 2020: AED 160,000 a yearNew contract, December 2020: AED 120,000 a yearRenewal, December 2021: AED 144,000 a yearRenewal, December 2022: AED 172,800 a yearRenewal, December 2023: AED 198,720 a yearRenewal, December 2023: AED 198,720 a yearRenewal, December 2024: AED 220,000 a yearRenewal, December 2024: AED 220,000 a yearRenewal, December 2025: AED 220,000 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 1604 sits

All 164 4-beds →

1604 last sold in February 2017 at AED 1,058 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 1,070). 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. 1604's AED 220,000 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 16th floor

All 164 units in Horizon Tower
Value
16014-bedAED 1.6M · Aug 2011
16024-bedAED 836K · Mar 2009
16034-bedAED 3.43M · Oct 2014

1604, Horizon Tower in numbers

  • Sold 4 times: first on 30 June 2008 for AED 1,978,500, last on 9 February 2017 for AED 2,550,000 (AED 1,058 per sqft).
  • Rented since September 2016 on 13 Ejari contracts. The rent fell from AED 220,000 to AED 120,000 in 2020 and recovered to AED 220,000 by December 2025.
  • At AED 220,000 a year the gross yield on the 2017 price is 8.6%, 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 15 December 2025.

Questions about 1604, Horizon Tower

What did unit 1604 last sell for?

AED 2,550,000 on 9 February 2017: AED 1,058 per sqft for 2,409 sqft. The unit has 4 registered sales; the first was AED 1,978,500 in June 2008.

What is the rent for unit 1604?

AED 220,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 220,000; the unit has been rented since September 2016.

How big is unit 1604?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 16th floor of a 44-storey tower completed in 2006.

What is unit 1604 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.

Selling 1604? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1604, Horizon Tower

Starts from the last sale price (AED 2.55M, 9 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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