4-bed · 4,371 sqftHorizon Tower, Dubai Marina · 42nd floor · completed 2006

4202, Horizon Tower

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

Unit 4202 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 4.12M19 September 2024
Current rentAED 221K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4202, Horizon Tower

What is 4202 worth today?

Last sold for AED 4,120,000 in 2024

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19 Sep 2024SoldReady
AED 4,120,000AED 942 per sqft
1 Feb 2024RentedRenewal
AED 220,593/yr12 months · AED 50 per sqft
1 Feb 2024RentedRenewal
AED 220,593/yr12 months · AED 50 per sqft
1 Feb 2023RentedNew contract
AED 200,000/yr12 months · AED 46 per sqft
7 Oct 2021RentedNew contract
AED 150,000/yr12 months · AED 34 per sqft
5 Nov 2019RentedNew contract
AED 154,000/yr12 months · AED 35 per sqft
5 Nov 2018RentedNew contract
AED 154,000/yr12 months · AED 35 per sqft
5 Nov 2015RentedRenewal
AED 100,000/yr12 months · AED 23 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
4-bed apartment
Size
4,371 sqft
Floor
42nd of 44
Parking
G-31,G-32
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 63,600 /yr
Last sold
AED 4.12M · September 2024

About 4202, Horizon Tower

4202 is a four-bedroom apartment of 4,371 sqft on the 42nd floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 19 September 2024 for AED 4,120,000, or AED 942 per sqft, 7% below the AED 1,009 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 220,593 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 63,600 a year.

Sales and rents for 4202 over time

Sales
Unit 4202, each saleTypical four-bed in Horizon Tower
2M4M2008201320182023Typical 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, August 2011: AED 2,200,000 (AED 503 per sqft)Sold, September 2024: AED 4,120,000 (AED 942 per sqft)

4202 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4202, 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 170,000 a yearNew contract, November 2013: AED 195,000 a yearNew contract, November 2014: AED 100,000 a yearNew contract, November 2014: AED 100,000 a yearRenewal, November 2015: AED 100,000 a yearRenewal, November 2015: AED 100,000 a yearNew contract, November 2018: AED 154,000 a yearNew contract, November 2019: AED 154,000 a yearNew contract, October 2021: AED 150,000 a yearNew contract, February 2023: AED 200,000 a yearRenewal, February 2024: AED 220,593 a yearRenewal, February 2024: AED 220,593 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 4202 sits

All 164 4-beds →

4202 last sold in September 2024 at AED 942 per sqft, 7% below 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. 4202's AED 220,593 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 42nd floor

All 164 units in Horizon Tower
Value
42014-bedAED 4M · Aug 2017
42034-bedAED 3.75M · Apr 2023
42044-bedAED 4M · Dec 2022

4202, Horizon Tower in numbers

  • Sold twice: first on 11 August 2011 for AED 2,200,000, last on 19 September 2024 for AED 4,120,000 (AED 942 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 100,000 in 2015 and recovered to AED 220,593 by February 2024.
  • At AED 220,593 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 63,600 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 19 September 2024.

Questions about 4202, Horizon Tower

What did unit 4202 last sell for?

AED 4,120,000 on 19 September 2024: AED 942 per sqft for 4,371 sqft. The unit has 2 registered sales; the first was AED 2,200,000 in August 2011.

What is the rent for unit 4202?

AED 220,593 a year on the contract renewed on 1 February 2024. The previous contract, from February 2024, was AED 220,593; the unit has been rented since November 2012.

How big is unit 4202?

4,371 sqft (406.1 sqm): a four-bedroom apartment on the 42nd floor of a 44-storey tower completed in 2006.

What is unit 4202 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 4202, Horizon Tower

Starts from the last sale price (AED 4.12M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,120,000
Deposit, UAE resident (20%)
AED 824,000
Deposit, non-resident (40%)
AED 1,648,000
Monthly over 25 years at 3.7%
AED 16,856

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