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4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 30th floor · completed 2006

3002, Horizon Tower

Sold prices and rental history: sold 5 times, last in February 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 2.25M1 February 2024
Current rentAED 170K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3002, Horizon Tower

What is 3002 worth today?

Last sold for AED 2,250,000 in 2024

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1 Feb 2024SoldReady
AED 2,250,000AED 918 per sqft
7 Dec 2022RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
16 Sep 2013RentedNew contract
AED 180,000/yr12 months · AED 73 per sqft
19 Oct 2011SoldReady
AED 1,900,000AED 775 per sqft
26 Jan 2011SoldReady
AED 1,370,000AED 559 per sqft
3 Jun 2010SoldReady
AED 1,900,000AED 775 per sqft
8 Feb 2009Sold by developerReady
AED 1,672,000AED 682 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
30th of 44
Parking
B1-27,B1-28
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 2.25M · February 2024
Building
Horizon Tower

About 3002, Horizon Tower

3002 is a four-bedroom apartment of 2,451 sqft on the 30th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 1 February 2024 for AED 2,250,000, or AED 918 per sqft, 11% below the AED 1,035 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 7 December 2022, is AED 170,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 35,600 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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 1,672,000 (AED 682 per sqft)Sold, June 2010: AED 1,900,000 (AED 775 per sqft)Sold, January 2011: AED 1,370,000 (AED 559 per sqft)Sold, October 2011: AED 1,900,000 (AED 775 per sqft)Sold, February 2024: AED 2,250,000 (AED 918 per sqft)

3002 has sold 5 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3002, 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, September 2013: AED 180,000 a yearNew contract, December 2022: AED 170,000 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 3002 sits

All 164 4-beds →

3002 last sold in February 2024 at AED 918 per sqft, 11% below what four-beds in Horizon Tower were fetching at the time (AED 1,035). 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. 3002's AED 170,000 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 30th floor

All 164 units in Horizon Tower
Value
30014-bedAED 1.78M · Nov 2018
30034-bedAED 1.62M · Jul 2011
30044-bedAED 2.7M · Jul 2013

3002, Horizon Tower in numbers

  • Sold 5 times: first on 8 February 2009 for AED 1,672,000, last on 1 February 2024 for AED 2,250,000 (AED 918 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, from AED 180,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 7.6%, 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 1 February 2024.

Questions about 3002, Horizon Tower

What did unit 3002 last sell for?

AED 2,250,000 on 1 February 2024: AED 918 per sqft for 2,451 sqft. The unit has 5 registered sales; the first was AED 1,672,000 in February 2009.

What is the rent for unit 3002?

AED 170,000 a year on the contract signed on 7 December 2022. The previous contract, from September 2013, was AED 180,000.

How big is unit 3002?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 30th floor of a 44-storey tower completed in 2006.

What is unit 3002 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 3002, Horizon Tower

Starts from the last sale price (AED 2.25M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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