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

2804, Horizon Tower

Sold prices and rental history: sold 3 times, last in April 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 26 April 2022
Last soldAED 2.85M26 April 2022
Current rentAED 120K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2804, Horizon Tower

What is 2804 worth today?

Last sold for AED 2,850,000 in 2022

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26 Apr 2022SoldReady
AED 2,850,000AED 1,183 per sqft
15 Sep 2021RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
27 May 2021SoldReady
AED 1,800,000AED 747 per sqft
1 Mar 2019RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
15 Oct 2008Sold by developerReady
AED 1,973,500AED 819 per sqft

Source: Dubai Land Department. Updated 26 April 2022.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
28th of 44
Parking
B1-15,B1-16
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.85M · April 2022
Building
Horizon Tower

About 2804, Horizon Tower

2804 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 26 April 2022 for AED 2,850,000, or AED 1,183 per sqft, 78% above the AED 664 four-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 September 2021, is AED 120,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, October 2008: AED 1,973,500 (AED 819 per sqft)Sold, May 2021: AED 1,800,000 (AED 747 per sqft)Sold, April 2022: AED 2,850,000 (AED 1,183 per sqft)

2804 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2804, 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 2019: AED 160,000 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 2804 sits

All 164 4-beds →

2804 last sold in April 2022 at AED 1,183 per sqft, 78% above 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. 2804'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 28th floor

All 164 units in Horizon Tower
Value
28014-bedAED 1.05M · Jul 2013
28024-bedAED 2.48M · Sep 2024
28034-bedAED 2.01M · Dec 2009

2804, Horizon Tower in numbers

  • Sold 3 times: first on 15 October 2008 for AED 1,973,500, last on 26 April 2022 for AED 2,850,000 (AED 1,183 per sqft).
  • Rented since March 2019 on 2 Ejari contracts, from AED 160,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 4.2%, 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 26 April 2022.

Questions about 2804, Horizon Tower

What did unit 2804 last sell for?

AED 2,850,000 on 26 April 2022: AED 1,183 per sqft for 2,409 sqft. The unit has 3 registered sales; the first was AED 1,973,500 in October 2008.

What is the rent for unit 2804?

AED 120,000 a year on the contract signed on 15 September 2021. The previous contract, from March 2019, was AED 160,000.

How big is unit 2804?

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 2804 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 2804, Horizon Tower

Starts from the last sale price (AED 2.85M, 26 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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