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4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 28th floor · completed 2006

2801, Horizon Tower

Sold prices and rental history: sold 3 times, last in July 2013, and rented once, from November 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 1 November 2017
Last soldAED 1.05M3 July 2013
Current rentAED 222K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2801, Horizon Tower

What is 2801 worth today?

Last sold for AED 1,050,000 in 2013

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1 Nov 2017RentedNew contract
AED 222,000/yr10 months · AED 92 per sqft
3 Jul 2013SoldReady
AED 1,050,000AED 435 per sqft
9 Nov 2010SoldReady
AED 1,500,000AED 622 per sqft
5 Jan 2009Sold by developerReady
AED 833,726AED 346 per sqft

Source: Dubai Land Department. Updated 1 November 2017.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
28th of 44
Parking
B1-09,B1-10
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 1.05M · July 2013
Building
Horizon Tower

About 2801, Horizon Tower

2801 is a four-bedroom apartment of 2,409 sqft on the 28th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 3 July 2013 for AED 1,050,000, or AED 435 per sqft, 44% below the AED 772 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2017. The current contract, signed on 1 November 2017, is AED 222,000 a year: a gross yield of 21.1% on the 2013 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, each saleTypical four-bed in Horizon Tower
2M2008201320182023Typical 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, January 2009: AED 833,726 (AED 346 per sqft)Sold, November 2010: AED 1,500,000 (AED 622 per sqft)Sold, July 2013: AED 1,050,000 (AED 435 per sqft)

2801 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2801, 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, November 2017: AED 222,000 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 2801 sits

All 164 4-beds →

2801 last sold in July 2013 at AED 435 per sqft, 44% below what four-beds in Horizon Tower were fetching at the time (AED 772). 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. 2801's AED 222,000 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 28th floor

All 164 units in Horizon Tower
Value
28024-bedAED 2.48M · Sep 2024
28034-bedAED 2.01M · Dec 2009
28044-bedAED 2.85M · Apr 2022

2801, Horizon Tower in numbers

  • Sold 3 times: first on 5 January 2009 for AED 833,726, last on 3 July 2013 for AED 1,050,000 (AED 435 per sqft).
  • Rented since November 2017 on one Ejari contract, at AED 222,000 a year.
  • At AED 222,000 a year the gross yield on the 2013 price is 21.1%, 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 1 November 2017.

Questions about 2801, Horizon Tower

What did unit 2801 last sell for?

AED 1,050,000 on 3 July 2013: AED 435 per sqft for 2,409 sqft. The unit has 3 registered sales; the first was AED 833,726 in January 2009.

What is the rent for unit 2801?

AED 222,000 a year on the contract signed on 1 November 2017.

How big is unit 2801?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 28th floor of a 44-storey tower completed in 2006.

What is unit 2801 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 2801, Horizon Tower

Starts from the last sale price (AED 1.05M, 3 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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