1704, Horizon Tower
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Horizon Tower
What is 1704 worth today?
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Source: Dubai Land Department. Updated 3 May 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,409 sqft
- Floor
- 17th of 44
- Parking
- B2-28, B2-29
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,000 /yr
- Last sold
- AED 2.7M · May 2024
- Building
- Horizon Tower
About 1704, Horizon Tower
1704 is a four-bedroom apartment of 2,409 sqft on the 17th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 3 May 2024 for AED 2,700,000, or AED 1,121 per sqft, 8% above the AED 1,035 four-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 26 March 2023, is AED 155,250 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 35,000 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 164 4-beds →1704 last sold in May 2024 at AED 1,121 per sqft, 8% above what four-beds in Horizon Tower were fetching at the time (AED 1,035). 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. 1704's AED 155,250 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 17th floor
All 164 units in Horizon Tower1704, Horizon Tower in numbers
- Sold twice: first on 21 January 2009 for AED 2,750,000, last on 3 May 2024 for AED 2,700,000 (AED 1,121 per sqft).
- Rented since February 2012 on 12 Ejari contracts. The rent fell from AED 165,000 to AED 120,000 in 2021 and recovered to AED 155,250 by March 2023.
- At AED 155,250 a year the gross yield on the 2024 price is 5.8%, 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 3 May 2024.
Questions about 1704, Horizon Tower
What did unit 1704 last sell for?
AED 2,700,000 on 3 May 2024: AED 1,121 per sqft for 2,409 sqft. The unit has 2 registered sales; the first was AED 2,750,000 in January 2009.
What is the rent for unit 1704?
AED 155,250 a year on the contract renewed on 26 March 2023. The previous contract, from March 2022, was AED 135,000; the unit has been rented since February 2012.
How big is unit 1704?
2,409 sqft (223.8 sqm): a four-bedroom apartment on the 17th floor of a 44-storey tower completed in 2006.
What is unit 1704 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 1704, Horizon Tower
Starts from the last sale price (AED 2.7M, 3 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →