4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 34th floor · completed 2006

3404, Horizon Tower

Sold prices and rental history: sold twice, last in May 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.94M25 May 2008
Current rentAED 230K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Horizon Tower

What is 3404 worth today?

Last sold for AED 1,942,700 in 2008

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15 Mar 2025RentedRenewal
AED 230,000/yr12 months · AED 95 per sqft
15 Mar 2025RentedRenewal
AED 230,000/yr12 months · AED 95 per sqft
15 Mar 2024RentedNew contract
AED 205,000/yr12 months · AED 85 per sqft
15 Mar 2024RentedNew contract
AED 205,000/yr12 months · AED 85 per sqft
15 Mar 2023RentedRenewal
AED 170,000/yr12 months · AED 71 per sqft
15 Mar 2022RentedRenewal
AED 140,000/yr12 months · AED 58 per sqft
15 Mar 2021RentedRenewal
AED 130,000/yr12 months · AED 54 per sqft
15 Mar 2020RentedNew contract
AED 142,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
34th of 44
Parking
B1-73,B1-74
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 1.94M · May 2008

About 3404, Horizon Tower

3404 is a four-bedroom apartment of 2,409 sqft on the 34th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 25 May 2008 for AED 1,942,700, or AED 806 per sqft, in line with the AED 813 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 230,000 a year: a gross yield of 11.8% on the 2008 price, before the service charge of about AED 35,000 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, May 2008: AED 1,942,700 (AED 806 per sqft)Sold, May 2008: AED 3,000,000 (AED 1,245 per sqft)

3404 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3404, 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, February 2015: AED 220,000 a yearNew contract, June 2016: AED 170,000 a yearRenewal, June 2017: AED 175,000 a yearRenewal, June 2018: AED 180,000 a yearRenewal, June 2019: AED 170,000 a yearNew contract, March 2020: AED 142,000 a yearRenewal, March 2021: AED 130,000 a yearRenewal, March 2022: AED 140,000 a yearRenewal, March 2023: AED 170,000 a yearNew contract, March 2024: AED 205,000 a yearNew contract, March 2024: AED 205,000 a yearRenewal, March 2025: AED 230,000 a yearRenewal, March 2025: AED 230,000 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 3404 sits

All 164 4-beds →

3404 last sold in May 2008 at AED 806 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 813). 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. 3404's AED 230,000 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 34th floor

All 164 units in Horizon Tower
Value
34014-bedAED 1.6M · Sep 2021
34024-bedAED 1.81M · Jan 2009
34034-bedAED 1.05M · Dec 2012

3404, Horizon Tower in numbers

  • Sold twice: first on 25 May 2008 for AED 3,000,000, last on 25 May 2008 for AED 1,942,700 (AED 806 per sqft).
  • Rented since February 2015 on 13 Ejari contracts. The rent fell from AED 220,000 to AED 130,000 in 2021 and recovered to AED 230,000 by March 2025.
  • At AED 230,000 a year the gross yield on the 2008 price is 11.8%, 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 15 March 2025.

Questions about 3404, Horizon Tower

What did unit 3404 last sell for?

AED 1,942,700 on 25 May 2008, sold by the developer: AED 806 per sqft for 2,409 sqft. The unit has 2 registered sales; the first was AED 3,000,000 in May 2008.

What is the rent for unit 3404?

AED 230,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 230,000; the unit has been rented since February 2015.

How big is unit 3404?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 34th floor of a 44-storey tower completed in 2006.

What is unit 3404 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 3404, Horizon Tower

Starts from the last sale price (AED 1.94M, 25 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,942,700
Deposit, UAE resident (20%)
AED 388,540
Deposit, non-resident (40%)
AED 777,080
Monthly over 25 years at 3.7%
AED 7,948

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