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4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 32nd floor · completed 2006

3202, Horizon Tower

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 8 March 2021
Last soldAED 2.2M7 July 2013
Current rentAED 120K /yr8 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3202, Horizon Tower

What is 3202 worth today?

Last sold for AED 2,200,000 in 2013

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8 Mar 2021RentedNew contract
AED 120,000/yr20 months · AED 49 per sqft
8 Jan 2021RentedRenewal
AED 200,000/yr12 months · AED 81 per sqft
8 Jan 2020RentedNew contract
AED 200,000/yr12 months · AED 81 per sqft
26 Nov 2019RentedNew contract
AED 199,446/yr12 months · AED 81 per sqft
15 Jun 2018RentedRenewal
AED 152,500/yr12 months · AED 62 per sqft
15 Jun 2017RentedRenewal
AED 162,500/yr12 months · AED 66 per sqft
15 Jun 2016RentedNew contract
AED 150,000/yr12 months · AED 61 per sqft
25 Apr 2015RentedNew contract
AED 396,000/yr6 months · AED 161 per sqft

Source: Dubai Land Department. Updated 8 March 2021.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
32nd of 44
Parking
B1-43,B1-44
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 2.2M · July 2013
Building
Horizon Tower

About 3202, Horizon Tower

3202 is a four-bedroom apartment of 2,451 sqft on the 32nd floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 7 July 2013 for AED 2,200,000, or AED 897 per sqft, 16% above the AED 775 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 8 March 2021, is AED 120,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 35,600 a year.

Sales and rents for 3202 over time

Sales
Unit 3202, 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, March 2009: AED 903,656 (AED 368 per sqft)Sold, July 2013: AED 2,200,000 (AED 897 per sqft)

3202 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3202, each contractTypical four-bed in Horizon Tower
200K400K2012201620202024Typical 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, July 2012: AED 130,000 a yearNew contract, February 2015: AED 200,000 a yearNew contract, April 2015: AED 396,000 a yearNew contract, June 2016: AED 150,000 a yearRenewal, June 2017: AED 162,500 a yearRenewal, June 2018: AED 152,500 a yearNew contract, November 2019: AED 199,446 a yearNew contract, January 2020: AED 200,000 a yearRenewal, January 2021: AED 200,000 a yearNew contract, March 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 3202 sits

All 164 4-beds →

3202 last sold in July 2013 at AED 897 per sqft, 16% above what four-beds in Horizon Tower were fetching at the time (AED 775). 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. 3202'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 32nd floor

All 164 units in Horizon Tower
Value
32014-bedAED 1.77M · Dec 2011
32034-bedAED 2.5M · Dec 2025
32044-bedAED 1.5M · Aug 2020

3202, Horizon Tower in numbers

  • Sold twice: first on 29 March 2009 for AED 903,656, last on 7 July 2013 for AED 2,200,000 (AED 897 per sqft).
  • Rented since July 2012 on 10 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 5.5%, 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 8 March 2021.

Questions about 3202, Horizon Tower

What did unit 3202 last sell for?

AED 2,200,000 on 7 July 2013: AED 897 per sqft for 2,451 sqft. The unit has 2 registered sales; the first was AED 903,656 in March 2009.

What is the rent for unit 3202?

AED 120,000 a year on the contract signed on 8 March 2021. The previous contract, from January 2021, was AED 200,000; the unit has been rented since July 2012.

How big is unit 3202?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 32nd floor of a 44-storey tower completed in 2006.

What is unit 3202 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 3202, Horizon Tower

Starts from the last sale price (AED 2.2M, 7 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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