4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 39th floor · completed 2006

3901, Horizon Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3901 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 3.2M16 July 2024
Current rentAED 130K /yr10 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3901, Horizon Tower

What is 3901 worth today?

Last sold for AED 3,200,000 in 2024

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16 Jul 2024SoldReady
AED 3,200,000AED 1,328 per sqft
6 Jul 2021SoldReady
AED 1,600,000AED 664 per sqft
10 Oct 2019RentedRenewal
AED 130,000/yr12 months · AED 54 per sqft
10 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 58 per sqft
15 Jul 2017RentedRenewal
AED 170,000/yr12 months · AED 71 per sqft
15 Jul 2016RentedNew contract
AED 170,000/yr12 months · AED 71 per sqft
26 Feb 2015RentedNew contract
AED 170,000/yr12 months · AED 71 per sqft
26 Feb 2014RentedNew contract
AED 170,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
39th of 44
Parking
G-44,G-45,G-46
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 3.2M · July 2024

About 3901, Horizon Tower

3901 is a four-bedroom apartment of 2,409 sqft on the 39th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 16 July 2024 for AED 3,200,000, or AED 1,328 per sqft, 21% above the AED 1,100 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 10 October 2019, is AED 130,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 35,000 a year.

Sales and rents for 3901 over time

Sales
Unit 3901, 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 1,861,956 (AED 773 per sqft)Sold, July 2021: AED 1,600,000 (AED 664 per sqft)Sold, July 2024: AED 3,200,000 (AED 1,328 per sqft)

3901 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3901, 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, November 2012: AED 130,000 a yearNew contract, February 2014: AED 170,000 a yearNew contract, February 2015: AED 170,000 a yearNew contract, July 2016: AED 170,000 a yearRenewal, July 2017: AED 170,000 a yearNew contract, October 2018: AED 140,000 a yearRenewal, October 2019: AED 130,000 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 3901 sits

All 164 4-beds →

3901 last sold in July 2024 at AED 1,328 per sqft, 21% above what four-beds in Horizon Tower were fetching at the time (AED 1,100). 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. 3901's AED 130,000 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 39th floor

All 164 units in Horizon Tower
Value
39024-bedAED 2.2M · Jan 2023
39034-bedAED 2.4M · Feb 2023
39044-bedAED 3M · Mar 2014

3901, Horizon Tower in numbers

  • Sold 3 times: first on 15 October 2008 for AED 1,861,956, last on 16 July 2024 for AED 3,200,000 (AED 1,328 per sqft).
  • Rented since November 2012 on 7 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.1%, 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 16 July 2024.

Questions about 3901, Horizon Tower

What did unit 3901 last sell for?

AED 3,200,000 on 16 July 2024: AED 1,328 per sqft for 2,409 sqft. The unit has 3 registered sales; the first was AED 1,861,956 in October 2008.

What is the rent for unit 3901?

AED 130,000 a year on the contract renewed on 10 October 2019. The previous contract, from October 2018, was AED 140,000; the unit has been rented since November 2012.

How big is unit 3901?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 39th floor of a 44-storey tower completed in 2006.

What is unit 3901 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 3901, Horizon Tower

Starts from the last sale price (AED 3.2M, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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