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4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 22nd floor · completed 2006

2201, Horizon Tower

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 3.01M7 June 2024
Current rentAED 120K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2201, Horizon Tower

What is 2201 worth today?

Last sold for AED 3,007,971 in 2024

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7 Jun 2024SoldReady
AED 3,007,971AED 1,248 per sqft
15 Sep 2021RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
16 Sep 2020RentedNew contract
AED 115,000/yr12 months · AED 48 per sqft
1 Oct 2019RentedNew contract
AED 155,000/yr12 months · AED 64 per sqft
1 Oct 2018RentedNew contract
AED 162,000/yr12 months · AED 67 per sqft
7 Aug 2018SoldReady
AED 1,500,000AED 622 per sqft
10 May 2016RentedNew contract
AED 180,000/yr12 months · AED 75 per sqft
1 May 2015RentedNew contract
AED 180,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
22nd of 44
Parking
B2-54, B2-55
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 3.01M · June 2024
Building
Horizon Tower

About 2201, Horizon Tower

2201 is a four-bedroom apartment of 2,409 sqft on the 22nd floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 7 June 2024 for AED 3,007,971, or AED 1,248 per sqft, 21% above the AED 1,032 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 15 September 2021, is AED 120,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, February 2013: AED 1,584,070 (AED 657 per sqft)Sold, August 2018: AED 1,500,000 (AED 622 per sqft)Sold, June 2024: AED 3,007,971 (AED 1,248 per sqft)

2201 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2201, 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, May 2012: AED 110,000 a yearNew contract, May 2013: AED 140,000 a yearNew contract, May 2014: AED 180,000 a yearNew contract, May 2015: AED 180,000 a yearNew contract, May 2016: AED 180,000 a yearNew contract, October 2018: AED 162,000 a yearNew contract, October 2019: AED 155,000 a yearNew contract, September 2020: AED 115,000 a yearNew contract, September 2021: AED 120,000 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 2201 sits

All 164 4-beds →

2201 last sold in June 2024 at AED 1,248 per sqft, 21% above what four-beds in Horizon Tower were fetching at the time (AED 1,032). 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. 2201's AED 120,000 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 22nd floor

All 164 units in Horizon Tower
Value
22024-bedAED 1.7M · Feb 2013
22034-bedAED 2.05M · Nov 2012
22044-bedAED 2.28M · Sep 2022

2201, Horizon Tower in numbers

  • Sold 3 times: first on 24 February 2013 for AED 1,584,070, last on 7 June 2024 for AED 3,007,971 (AED 1,248 per sqft).
  • Rented since May 2012 on 9 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 4.0%, 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 June 2024.

Questions about 2201, Horizon Tower

What did unit 2201 last sell for?

AED 3,007,971 on 7 June 2024: AED 1,248 per sqft for 2,409 sqft. The unit has 3 registered sales; the first was AED 1,584,070 in February 2013.

What is the rent for unit 2201?

AED 120,000 a year on the contract signed on 15 September 2021. The previous contract, from September 2020, was AED 115,000; the unit has been rented since May 2012.

How big is unit 2201?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 22nd floor of a 44-storey tower completed in 2006.

What is unit 2201 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 2201, Horizon Tower

Starts from the last sale price (AED 3.01M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,007,971
Deposit, UAE resident (20%)
AED 601,594
Deposit, non-resident (40%)
AED 1,203,188
Monthly over 25 years at 3.7%
AED 12,307

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