4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 24th floor · completed 2006

2404, Horizon Tower

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 29 August 2025
Last soldAED 2.21M25 February 2009
Current rentAED 215K /yr29 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Horizon Tower

What is 2404 worth today?

Last sold for AED 2,210,320 in 2009

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29 Aug 2025RentedNew contract
AED 215,000/yr12 months · AED 89 per sqft
1 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
15 Sep 2019RentedNew contract
AED 168,000/yr12 months · AED 70 per sqft
15 Sep 2018RentedNew contract
AED 180,000/yr12 months · AED 75 per sqft
22 Apr 2018RentedRenewal
AED 180,000/yr12 months · AED 75 per sqft
22 Apr 2017RentedNew contract
AED 180,000/yr12 months · AED 75 per sqft
24 Mar 2015RentedNew contract
AED 155,000/yr12 months · AED 64 per sqft
24 Mar 2014RentedNew contract
AED 154,584/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 29 August 2025.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
24th of 44
Parking
B2-76, B2-77
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.21M · February 2009

About 2404, Horizon Tower

2404 is a four-bedroom apartment of 2,409 sqft on the 24th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 25 February 2009 for AED 2,210,320, or AED 917 per sqft, 20% above the AED 763 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 29 August 2025, is AED 215,000 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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 2009: AED 2,210,320 (AED 917 per sqft)

2404 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2404, 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, March 2014: AED 154,584 a yearNew contract, March 2015: AED 155,000 a yearNew contract, April 2017: AED 180,000 a yearRenewal, April 2018: AED 180,000 a yearNew contract, September 2018: AED 180,000 a yearNew contract, September 2019: AED 168,000 a yearNew contract, November 2020: AED 110,000 a yearNew contract, August 2025: AED 215,000 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 2404 sits

All 164 4-beds →

2404 last sold in February 2009 at AED 917 per sqft, 20% above what four-beds in Horizon Tower were fetching at the time (AED 763). 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. 2404's AED 215,000 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 24th floor

All 164 units in Horizon Tower
Value
24014-bedAED 1.67M · Jun 2008
24024-bedAED 1.65M · Mar 2012
24034-bedAED 2.34M · Aug 2013

2404, Horizon Tower in numbers

  • Sold once: by Gulf General Investments Co on 25 February 2009 for AED 2,210,320, or AED 917 per sqft.
  • Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 154,584 to AED 110,000 in 2020 and recovered to AED 215,000 by August 2025.
  • At AED 215,000 a year the gross yield on the 2009 price is 9.7%, 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 29 August 2025.

Questions about 2404, Horizon Tower

What did unit 2404 last sell for?

AED 2,210,320 on 25 February 2009, sold by the developer: AED 917 per sqft for 2,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 2404?

AED 215,000 a year on the contract signed on 29 August 2025. The previous contract, from November 2020, was AED 110,000; the unit has been rented since March 2014.

How big is unit 2404?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 24th floor of a 44-storey tower completed in 2006.

What is unit 2404 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 2404, Horizon Tower

Starts from the last sale price (AED 2.21M, 25 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,210,320
Deposit, UAE resident (20%)
AED 442,064
Deposit, non-resident (40%)
AED 884,128
Monthly over 25 years at 3.7%
AED 9,043

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