2004, Horizon Tower
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2004, Horizon Tower
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Source: Dubai Land Department. Updated 7 October 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,409 sqft
- Floor
- 20th of 44
- Parking
- B2-52, B2-53
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,000 /yr
- Last sold
- AED 1.9M · July 2008
- Building
- Horizon Tower
About 2004, Horizon Tower
2004 is a four-bedroom apartment of 2,409 sqft on the 20th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 14 July 2008 for AED 1,895,500, or AED 786 per sqft, 4% below the AED 821 four-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 7 October 2024, is AED 260,000 a year: a gross yield of 13.7% on the 2008 price, before the service charge of about AED 35,000 a year.
Sales and rents for 2004 over time
2004 has sold once; 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 2004 sits
All 164 4-beds →2004 last sold in July 2008 at AED 786 per sqft, 4% below what four-beds in Horizon Tower were fetching at the time (AED 821). 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. 2004's AED 260,000 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 20th floor
All 164 units in Horizon Tower2004, Horizon Tower in numbers
- Sold once: by Gulf General Investments Co on 14 July 2008 for AED 1,895,500, or AED 786 per sqft.
- Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 180,000 to AED 120,000 in 2020 and recovered to AED 260,000 by October 2024.
- At AED 260,000 a year the gross yield on the 2008 price is 13.7%, 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 October 2024.
Questions about 2004, Horizon Tower
What did unit 2004 last sell for?
AED 1,895,500 on 14 July 2008, sold by the developer: AED 786 per sqft for 2,409 sqft. It is the only registered sale of the unit.
What is the rent for unit 2004?
AED 260,000 a year on the contract signed on 7 October 2024. The previous contract, from October 2024, was AED 260,000; the unit has been rented since February 2013.
How big is unit 2004?
2,409 sqft (223.8 sqm): a four-bedroom apartment on the 20th floor of a 44-storey tower completed in 2006.
What is unit 2004 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 2004, Horizon Tower
Starts from the last sale price (AED 1.9M, 14 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,895,500
- Deposit, UAE resident (20%)
- AED 379,100
- Deposit, non-resident (40%)
- AED 758,200
- Monthly over 25 years at 3.7%
- AED 7,755
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →