4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 39th floor · completed 2006

3902, Horizon Tower

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3902 · DLD and Ejari recordsUpdated 18 January 2023
Last soldAED 2.2M18 January 2023
Current rentAED 132K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3902, Horizon Tower

What is 3902 worth today?

Last sold for AED 2,200,000 in 2023

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18 Jan 2023SoldReady
AED 2,200,000AED 897 per sqft
1 Feb 2022RentedRenewal
AED 132,000/yr12 months · AED 54 per sqft
2 Mar 2021SoldReady
AED 1,578,000AED 643 per sqft
1 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
20 Dec 2020RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
1 Nov 2019RentedNew contract
AED 165,000/yr12 months · AED 67 per sqft
1 Nov 2018RentedNew contract
AED 165,000/yr12 months · AED 67 per sqft
1 May 2017RentedNew contract
AED 175,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 18 January 2023.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
39th of 44
Parking
B2-18,B2-19
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 2.2M · January 2023

About 3902, Horizon Tower

3902 is a four-bedroom apartment of 2,451 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 18 January 2023 for AED 2,200,000, or AED 897 per sqft, 18% above the AED 761 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 132,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 35,600 a year.

Sales and rents for 3902 over time

Sales
Unit 3902, 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, March 2009: AED 1,425,000 (AED 581 per sqft)Sold, March 2021: AED 1,578,000 (AED 643 per sqft)Sold, January 2023: AED 2,200,000 (AED 897 per sqft)

3902 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3902, 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 2014: AED 90,000 a yearNew contract, February 2015: AED 90,000 a yearNew contract, June 2015: AED 90,000 a yearNew contract, July 2016: AED 170,000 a yearNew contract, May 2017: AED 175,000 a yearNew contract, November 2018: AED 165,000 a yearNew contract, November 2019: AED 165,000 a yearNew contract, December 2020: AED 120,000 a yearNew contract, February 2021: AED 120,000 a yearRenewal, February 2022: AED 132,000 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 3902 sits

All 164 4-beds →

3902 last sold in January 2023 at AED 897 per sqft, 18% above what four-beds in Horizon Tower were fetching at the time (AED 761). 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. 3902's AED 132,000 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
39014-bedAED 3.2M · Jul 2024
39034-bedAED 2.4M · Feb 2023
39044-bedAED 3M · Mar 2014

3902, Horizon Tower in numbers

  • Sold 3 times: first on 26 March 2009 for AED 1,425,000, last on 18 January 2023 for AED 2,200,000 (AED 897 per sqft).
  • Rented since February 2014 on 10 Ejari contracts, from AED 90,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2023 price is 6.0%, 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 18 January 2023.

Questions about 3902, Horizon Tower

What did unit 3902 last sell for?

AED 2,200,000 on 18 January 2023: AED 897 per sqft for 2,451 sqft. The unit has 3 registered sales; the first was AED 1,425,000 in March 2009.

What is the rent for unit 3902?

AED 132,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 120,000; the unit has been rented since February 2014.

How big is unit 3902?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 39th floor of a 44-storey tower completed in 2006.

What is unit 3902 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 3902, Horizon Tower

Starts from the last sale price (AED 2.2M, 18 January 2023). 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 →