2402, Horizon Tower
Sold prices and rental history: sold twice, last in March 2012, 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 2402, Horizon Tower
What is 2402 worth today?
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Source: Dubai Land Department. Updated 21 August 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,451 sqft
- Floor
- 24th of 44
- Parking
- B2-72, B2-73
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,600 /yr
- Last sold
- AED 1.65M · March 2012
- Building
- Horizon Tower
About 2402, Horizon Tower
2402 is a four-bedroom apartment of 2,451 sqft on the 24th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 20 March 2012 for AED 1,650,000, or AED 673 per sqft, in line with the AED 664 four-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 21 August 2024, is AED 305,000 a year: a gross yield of 18.5% on the 2012 price, before the service charge of about AED 35,600 a year.
Sales and rents for 2402 over time
2402 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 2402 sits
All 164 4-beds →2402 last sold in March 2012 at AED 673 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 664). 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. 2402's AED 305,000 is in the upper 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 24th floor
All 164 units in Horizon Tower2402, Horizon Tower in numbers
- Sold twice: first on 5 January 2009 for AED 848,374, last on 20 March 2012 for AED 1,650,000 (AED 673 per sqft).
- Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 115,000 in 2020 and recovered to AED 305,000 by August 2024.
- At AED 305,000 a year the gross yield on the 2012 price is 18.5%, 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 21 August 2024.
Questions about 2402, Horizon Tower
What did unit 2402 last sell for?
AED 1,650,000 on 20 March 2012: AED 673 per sqft for 2,451 sqft. The unit has 2 registered sales; the first was AED 848,374 in January 2009.
What is the rent for unit 2402?
AED 305,000 a year on the contract renewed on 21 August 2024. The previous contract, from August 2024, was AED 305,000; the unit has been rented since April 2013.
How big is unit 2402?
2,451 sqft (227.7 sqm): a four-bedroom apartment on the 24th floor of a 44-storey tower completed in 2006.
What is unit 2402 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 2402, Horizon Tower
Starts from the last sale price (AED 1.65M, 20 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →