1804, Horizon Tower
Sold prices and rental history: sold 3 times, last in June 2020, 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 1804, Horizon Tower
What is 1804 worth today?
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Source: Dubai Land Department. Updated 23 June 2020.
Key facts
- Type
- 4-bed apartment
- Size
- 2,409 sqft
- Floor
- 18th of 44
- Parking
- B2-36, B2-37
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,000 /yr
- Last sold
- AED 1.49M · June 2020
- Building
- Horizon Tower
About 1804, Horizon Tower
1804 is a four-bedroom apartment of 2,409 sqft on the 18th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 23 June 2020 for AED 1,485,000, or AED 616 per sqft, in line with the AED 619 four-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 26 August 2018, is AED 175,000 a year: a gross yield of 11.8% on the 2020 price, before the service charge of about AED 35,000 a year.
Sales and rents for 1804 over time
1804 has sold 3 times; 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 1804 sits
All 164 4-beds →1804 last sold in June 2020 at AED 616 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 619). 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. 1804's AED 175,000 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 18th floor
All 164 units in Horizon Tower1804, Horizon Tower in numbers
- Sold 3 times: first on 14 July 2008 for AED 2,144,000, last on 23 June 2020 for AED 1,485,000 (AED 616 per sqft).
- Rented since September 2015 on 4 Ejari contracts, from AED 195,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2020 price is 11.8%, 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 23 June 2020.
Questions about 1804, Horizon Tower
What did unit 1804 last sell for?
AED 1,485,000 on 23 June 2020: AED 616 per sqft for 2,409 sqft. The unit has 3 registered sales; the first was AED 2,144,000 in July 2008.
What is the rent for unit 1804?
AED 175,000 a year on the contract renewed on 26 August 2018. The previous contract, from August 2017, was AED 190,000; the unit has been rented since September 2015.
How big is unit 1804?
2,409 sqft (223.8 sqm): a four-bedroom apartment on the 18th floor of a 44-storey tower completed in 2006.
What is unit 1804 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 1804, Horizon Tower
Starts from the last sale price (AED 1.49M, 23 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,485,000
- Deposit, UAE resident (20%)
- AED 297,000
- Deposit, non-resident (40%)
- AED 594,000
- Monthly over 25 years at 3.7%
- AED 6,076
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →