2803, Horizon Tower
Sold prices and rental history: sold once, by the developer in December 2009, 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 2803, Horizon Tower
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Source: Dubai Land Department. Updated 10 November 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 2,451 sqft
- Floor
- 28th of 44
- Parking
- B1-13,B1-14
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,600 /yr
- Last sold
- AED 2.01M · December 2009
- Building
- Horizon Tower
About 2803, Horizon Tower
2803 is a four-bedroom apartment of 2,451 sqft on the 28th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 22 December 2009 for AED 2,009,500, or AED 820 per sqft, 20% above the AED 682 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 10 November 2022, is AED 120,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 35,600 a year.
Sales and rents for 2803 over time
2803 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 2803 sits
All 164 4-beds →2803 last sold in December 2009 at AED 820 per sqft, 20% above what four-beds in Horizon Tower were fetching at the time (AED 682). 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. 2803's AED 120,000 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 28th floor
All 164 units in Horizon Tower2803, Horizon Tower in numbers
- Sold once: by Gulf General Investments Co on 22 December 2009 for AED 2,009,500, or AED 820 per sqft.
- Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2021 and recovered to AED 120,000 by November 2022.
- At AED 120,000 a year the gross yield on the 2009 price is 6.0%, 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 10 November 2022.
Questions about 2803, Horizon Tower
What did unit 2803 last sell for?
AED 2,009,500 on 22 December 2009, sold by the developer: AED 820 per sqft for 2,451 sqft. It is the only registered sale of the unit.
What is the rent for unit 2803?
AED 120,000 a year on the contract renewed on 10 November 2022. The previous contract, from November 2021, was AED 100,000; the unit has been rented since March 2013.
How big is unit 2803?
2,451 sqft (227.7 sqm): a four-bedroom apartment on the 28th floor of a 44-storey tower completed in 2006.
What is unit 2803 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 2803, Horizon Tower
Starts from the last sale price (AED 2.01M, 22 December 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,009,500
- Deposit, UAE resident (20%)
- AED 401,900
- Deposit, non-resident (40%)
- AED 803,800
- Monthly over 25 years at 3.7%
- AED 8,221
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →