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4-bed · 4,330 sqftHorizon Tower, Dubai Marina · 42nd floor · completed 2006

4204, Horizon Tower

Sold prices and rental history: sold 4 times, last in December 2022, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4204 · DLD and Ejari recordsUpdated 14 December 2022
Last soldAED 4M14 December 2022
Current rentAED 60K /yr1 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4204, Horizon Tower

What is 4204 worth today?

Last sold for AED 4,000,000 in 2022

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14 Dec 2022SoldReady
AED 4,000,000AED 923 per sqft
1 May 2013RentedNew contract · flagged as an outlier
AED 60,000/yr36 months · AED 14 per sqft
3 Jan 2013SoldReady
AED 3,400,000AED 785 per sqft
20 Nov 2008SoldReady
AED 2,750,000AED 635 per sqft
14 Jul 2008Sold by developerReady
AED 4,854,347AED 1,121 per sqft

Source: Dubai Land Department. Updated 14 December 2022.

Key facts

Type
4-bed apartment
Size
4,330 sqft
Floor
42nd of 44
Parking
G-35,G-52
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 63,000 /yr
Last sold
AED 4M · December 2022
Building
Horizon Tower

About 4204, Horizon Tower

4204 is a four-bedroom apartment of 4,330 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 14 December 2022 for AED 4,000,000, or AED 923 per sqft, 23% above the AED 751 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2013. The current contract, signed on 1 May 2013, is AED 60,000 a year: a gross yield of 1.5% on the 2022 price, before the service charge of about AED 63,000 a year.

Sales and rents for 4204 over time

Sales
Unit 4204, 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, July 2008: AED 4,854,347 (AED 1,121 per sqft)Sold, November 2008: AED 2,750,000 (AED 635 per sqft)Sold, January 2013: AED 3,400,000 (AED 785 per sqft)Sold, December 2022: AED 4,000,000 (AED 923 per sqft)

4204 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4204, 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 210,000

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 4204 sits

All 164 4-beds →

4204 last sold in December 2022 at AED 923 per sqft, 23% above what four-beds in Horizon Tower were fetching at the time (AED 751). 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. 4204's AED 60,000 is at the bottom 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
42024-bedAED 4.12M · Sep 2024
42034-bedAED 3.75M · Apr 2023

4204, Horizon Tower in numbers

  • Sold 4 times: first on 14 July 2008 for AED 4,854,347, last on 14 December 2022 for AED 4,000,000 (AED 923 per sqft).
  • Rented since May 2013 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 1.5%, before a service charge of about AED 63,000 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 14 December 2022.

Questions about 4204, Horizon Tower

What did unit 4204 last sell for?

AED 4,000,000 on 14 December 2022: AED 923 per sqft for 4,330 sqft. The unit has 4 registered sales; the first was AED 4,854,347 in July 2008.

What is the rent for unit 4204?

AED 60,000 a year on the contract signed on 1 May 2013.

How big is unit 4204?

4,330 sqft (402.3 sqm): a four-bedroom apartment on the 42nd floor of a 44-storey tower completed in 2006.

What is unit 4204 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 4204, Horizon Tower

Starts from the last sale price (AED 4M, 14 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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