4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 29th floor · completed 2006

2901, Horizon Tower

Sold prices and rental history: sold 6 times, last in November 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 2.45M28 November 2024
Current rentAED 150K /yr18 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Horizon Tower

What is 2901 worth today?

Last sold for AED 2,450,000 in 2024

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28 Nov 2024SoldReady
AED 2,450,000AED 1,017 per sqft
18 Aug 2024RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
18 Aug 2024RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
1 Jan 2022RentedNew contract
AED 112,000/yr12 months · AED 47 per sqft
1 Jun 2021RentedNew contract
AED 112,000/yr12 months · AED 47 per sqft
25 Apr 2021RentedNew contract
AED 84,000/yr12 months · AED 35 per sqft
7 Jul 2020RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
15 Oct 2019SoldReady
AED 2,000,000AED 830 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
29th of 44
Parking
B1-17,B1-18
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.45M · November 2024

About 2901, Horizon Tower

2901 is a four-bedroom apartment of 2,409 sqft on the 29th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 28 November 2024 for AED 2,450,000, or AED 1,017 per sqft, in line with the AED 1,017 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 18 August 2024, is AED 150,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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 1,643,500 (AED 682 per sqft)Sold, March 2010: AED 2,000,000 (AED 830 per sqft)Sold, January 2011: AED 1,370,000 (AED 568 per sqft)Sold, July 2011: AED 1,470,000 (AED 610 per sqft)Sold, October 2019: AED 2,000,000 (AED 830 per sqft)Sold, November 2024: AED 2,450,000 (AED 1,017 per sqft)

2901 has sold 6 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2901, each contractTypical four-bed in Horizon Tower
100K200K2012201620202024Typical 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, December 2015: AED 228,500 a yearNew contract, July 2020: AED 160,000 a yearNew contract, April 2021: AED 84,000 a yearNew contract, June 2021: AED 112,000 a yearNew contract, January 2022: AED 112,000 a yearNew contract, August 2024: AED 150,000 a yearNew contract, August 2024: AED 150,000 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 2901 sits

All 164 4-beds →

2901 last sold in November 2024 at AED 1,017 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 1,017). 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. 2901's AED 150,000 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 29th floor

All 164 units in Horizon Tower
Value
29024-bedAED 2.83M · Apr 2025
29034-bedAED 1.93M · Jun 2011
29044-bedAED 3.8M · Aug 2025

2901, Horizon Tower in numbers

  • Sold 6 times: first on 8 February 2009 for AED 1,643,500, last on 28 November 2024 for AED 2,450,000 (AED 1,017 per sqft).
  • Rented since December 2015 on 7 Ejari contracts. The rent fell from AED 228,500 to AED 84,000 in 2021 and recovered to AED 150,000 by August 2024.
  • At AED 150,000 a year the gross yield on the 2024 price is 6.1%, 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 28 November 2024.

Questions about 2901, Horizon Tower

What did unit 2901 last sell for?

AED 2,450,000 on 28 November 2024: AED 1,017 per sqft for 2,409 sqft. The unit has 6 registered sales; the first was AED 1,643,500 in February 2009.

What is the rent for unit 2901?

AED 150,000 a year on the contract signed on 18 August 2024. The previous contract, from August 2024, was AED 150,000; the unit has been rented since December 2015.

How big is unit 2901?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 29th floor of a 44-storey tower completed in 2006.

What is unit 2901 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 2901, Horizon Tower

Starts from the last sale price (AED 2.45M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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