4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 40th floor · completed 2006

4003, Horizon Tower

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 2.6M27 November 2024
Current rentAED 125K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, Horizon Tower

What is 4003 worth today?

Last sold for AED 2,600,000 in 2024

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27 Nov 2024SoldReady
AED 2,600,000AED 1,060 per sqft
1 Jan 2021RentedNew contract
AED 125,000/yr12 months · AED 51 per sqft
1 Nov 2018RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
10 Jul 2016RentedNew contract
AED 180,000/yr12 months · AED 73 per sqft
15 Aug 2015RentedNew contract
AED 90,000/yr12 months · AED 37 per sqft
11 Feb 2015RentedRenewal
AED 90,543/yr60 months · AED 37 per sqft
11 Feb 2014RentedNew contract
AED 90,000/yr12 months · AED 37 per sqft
29 Mar 2009Sold by developerReady
AED 1,425,000AED 581 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
40th of 44
Parking
G-19,G-20
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 2.6M · November 2024

About 4003, Horizon Tower

4003 is a four-bedroom apartment of 2,451 sqft on the 40th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 27 November 2024 for AED 2,600,000, or AED 1,060 per sqft, 5% above the AED 1,009 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 January 2021, is AED 125,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 35,600 a year.

Sales and rents for 4003 over time

Sales
Unit 4003, 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, November 2024: AED 2,600,000 (AED 1,060 per sqft)

4003 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4003, 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 yearRenewal, February 2015: AED 90,543 a yearNew contract, August 2015: AED 90,000 a yearNew contract, July 2016: AED 180,000 a yearNew contract, November 2018: AED 170,000 a yearNew contract, January 2021: AED 125,000 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 4003 sits

All 164 4-beds →

4003 last sold in November 2024 at AED 1,060 per sqft, 5% above what four-beds in Horizon Tower were fetching at the time (AED 1,009). 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. 4003's AED 125,000 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
40014-bedAED 1.77M · Nov 2008
40024-bedAED 2.4M · Jul 2024
40044-bedAED 2.34M · Feb 2013

4003, Horizon Tower in numbers

  • Sold twice: first on 29 March 2009 for AED 1,425,000, last on 27 November 2024 for AED 2,600,000 (AED 1,060 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 4.8%, 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 27 November 2024.

Questions about 4003, Horizon Tower

What did unit 4003 last sell for?

AED 2,600,000 on 27 November 2024: AED 1,060 per sqft for 2,451 sqft. The unit has 2 registered sales; the first was AED 1,425,000 in March 2009.

What is the rent for unit 4003?

AED 125,000 a year on the contract signed on 1 January 2021. The previous contract, from November 2018, was AED 170,000; the unit has been rented since February 2014.

How big is unit 4003?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 40th floor of a 44-storey tower completed in 2006.

What is unit 4003 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 4003, Horizon Tower

Starts from the last sale price (AED 2.6M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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