4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 40th floor · completed 2006

4001, Horizon Tower

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.77M25 November 2008
Current rentAED 205K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, Horizon Tower

What is 4001 worth today?

Last sold for AED 1,773,292 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2024RentedRenewal
AED 205,000/yr12 months · AED 85 per sqft
10 Oct 2024RentedRenewal
AED 205,000/yr12 months · AED 85 per sqft
10 Oct 2023RentedRenewal
AED 180,000/yr12 months · AED 75 per sqft
10 Oct 2023RentedRenewal
AED 180,000/yr12 months · AED 75 per sqft
10 Oct 2022RentedNew contract
AED 165,000/yr12 months · AED 68 per sqft
23 Mar 2022RentedRenewal
AED 120,000/yr12 months · AED 50 per sqft
23 Mar 2021RentedNew contract
AED 100,000/yr12 months · AED 41 per sqft
14 Jul 2019RentedNew contract
AED 135,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
40th of 44
Parking
G-15,G-16
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 1.77M · November 2008

About 4001, Horizon Tower

4001 is a four-bedroom apartment of 2,409 sqft on the 40th 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 November 2008 for AED 1,773,292, or AED 736 per sqft, 6% below the AED 781 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 205,000 a year: a gross yield of 11.6% on the 2008 price, before the service charge of about AED 35,000 a year.

Sales and rents for 4001 over time

Sales
Unit 4001, 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, November 2008: AED 1,773,292 (AED 736 per sqft)

4001 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4001, 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, November 2012: AED 130,000 a yearNew contract, January 2015: AED 230,000 a yearNew contract, July 2019: AED 135,000 a yearNew contract, March 2021: AED 100,000 a yearRenewal, March 2022: AED 120,000 a yearNew contract, October 2022: AED 165,000 a yearRenewal, October 2023: AED 180,000 a yearRenewal, October 2023: AED 180,000 a yearRenewal, October 2024: AED 205,000 a yearRenewal, October 2024: AED 205,000 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 4001 sits

All 164 4-beds →

4001 last sold in November 2008 at AED 736 per sqft, 6% below what four-beds in Horizon Tower were fetching at the time (AED 781). 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. 4001's AED 205,000 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 40th floor

All 164 units in Horizon Tower
Value
40024-bedAED 2.4M · Jul 2024
40034-bedAED 2.6M · Nov 2024
40044-bedAED 2.34M · Feb 2013

4001, Horizon Tower in numbers

  • Sold once: by Gulf General Investments Co on 25 November 2008 for AED 1,773,292, or AED 736 per sqft.
  • Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2021 and recovered to AED 205,000 by October 2024.
  • At AED 205,000 a year the gross yield on the 2008 price is 11.6%, 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 10 October 2024.

Questions about 4001, Horizon Tower

What did unit 4001 last sell for?

AED 1,773,292 on 25 November 2008, sold by the developer: AED 736 per sqft for 2,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 4001?

AED 205,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2024, was AED 205,000; the unit has been rented since November 2012.

How big is unit 4001?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 40th floor of a 44-storey tower completed in 2006.

What is unit 4001 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.

Selling 4001? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4001, Horizon Tower

Starts from the last sale price (AED 1.77M, 25 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,773,292
Deposit, UAE resident (20%)
AED 354,658
Deposit, non-resident (40%)
AED 709,317
Monthly over 25 years at 3.7%
AED 7,255

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