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4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 20th floor · completed 2006

2003, Horizon Tower

Sold prices and rental history: sold 4 times, last in January 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 25 January 2016
Last soldAED 2.5M25 January 2016
Current rentAED 230K /yr25 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2003, Horizon Tower

What is 2003 worth today?

Last sold for AED 2,500,000 in 2016

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25 Jan 2016SoldReady
AED 2,500,000AED 1,020 per sqft
25 Jan 2016RentedNew contract
AED 229,812/yr10 months · AED 94 per sqft
21 Nov 2014RentedNew contract
AED 230,000/yr12 months · AED 94 per sqft
12 Dec 2011SoldReady
AED 1,950,000AED 795 per sqft
3 Mar 2011SoldReady
AED 1,500,000AED 612 per sqft
15 Oct 2008Sold by developerReady
AED 1,978,500AED 807 per sqft

Source: Dubai Land Department. Updated 25 January 2016.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
20th of 44
Parking
B2-75, B2-83
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 2.5M · January 2016
Building
Horizon Tower

About 2003, Horizon Tower

2003 is a four-bedroom apartment of 2,451 sqft on the 20th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 25 January 2016 for AED 2,500,000, or AED 1,020 per sqft, 6% below the AED 1,081 four-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 25 January 2016, is AED 229,812 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 35,600 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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, October 2008: AED 1,978,500 (AED 807 per sqft)Sold, March 2011: AED 1,500,000 (AED 612 per sqft)Sold, December 2011: AED 1,950,000 (AED 795 per sqft)Sold, January 2016: AED 2,500,000 (AED 1,020 per sqft)

2003 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2003, each contractTypical four-bed in Horizon Tower
100K200K2012201620202024Typical 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, November 2014: AED 230,000 a yearNew contract, January 2016: AED 229,812 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 2003 sits

All 164 4-beds →

2003 last sold in January 2016 at AED 1,020 per sqft, 6% below what four-beds in Horizon Tower were fetching at the time (AED 1,081). 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. 2003's AED 229,812 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 20th floor

All 164 units in Horizon Tower
Value
20014-bedAED 1.5M · Aug 2021
20024-bedAED 3.05M · Mar 2025
20044-bedAED 1.9M · Jul 2008

2003, Horizon Tower in numbers

  • Sold 4 times: first on 15 October 2008 for AED 1,978,500, last on 25 January 2016 for AED 2,500,000 (AED 1,020 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 230,000 to AED 229,812 a year.
  • At AED 229,812 a year the gross yield on the 2016 price is 9.2%, before a service charge of about AED 35,600 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 25 January 2016.

Questions about 2003, Horizon Tower

What did unit 2003 last sell for?

AED 2,500,000 on 25 January 2016: AED 1,020 per sqft for 2,451 sqft. The unit has 4 registered sales; the first was AED 1,978,500 in October 2008.

What is the rent for unit 2003?

AED 229,812 a year on the contract signed on 25 January 2016. The previous contract, from November 2014, was AED 230,000.

How big is unit 2003?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 20th floor of a 44-storey tower completed in 2006.

What is unit 2003 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 2003, Horizon Tower

Starts from the last sale price (AED 2.5M, 25 January 2016). 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 →