703, Horizon Tower
Sold prices and rental history: sold 5 times, last in November 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Horizon Tower
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Source: Dubai Land Department. Updated 17 November 2023.
Key facts
- Type
- 4-bed apartment
- Size
- 2,451 sqft
- Floor
- 7th of 44
- Parking
- G-51,G-51A
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,600 /yr
- Last sold
- AED 2.53M · November 2023
- Building
- Horizon Tower
About 703, Horizon Tower
703 is a four-bedroom apartment of 2,451 sqft on the 7th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 17 November 2023 for AED 2,530,000, or AED 1,032 per sqft, in line with the AED 1,005 four-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 May 2023, is AED 185,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 35,600 a year.
Sales and rents for 703 over time
703 has sold 5 times; the dashed line is the four-bed median of each year in the building.
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 703 sits
All 164 4-beds →703 last sold in November 2023 at AED 1,032 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 1,005). 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. 703's AED 185,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 2,409 sqft | 2,600,000 | 1,079 | ||
| 19 Aug 202619 August 2026 | 2,409 sqft | 3,200,000 | 1,328 | ||
| 14 Jul 202614 July 2026 | 2,409 sqft | 2,500,000 | 1,037 | ||
| 22 May 202622 May 2026 | 2,451 sqft | 3,450,000 | 1,407 |
Horizon Tower
Building164 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%
Other units on the 7th floor
All 164 units in Horizon Tower703, Horizon Tower in numbers
- Sold 5 times: first on 15 June 2008 for AED 2,182,320, last on 17 November 2023 for AED 2,530,000 (AED 1,032 per sqft).
- Rented since May 2018 on 2 Ejari contracts, from AED 71,807 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2023 price is 7.3%, 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 17 November 2023.
Questions about 703, Horizon Tower
What did unit 703 last sell for?
AED 2,530,000 on 17 November 2023: AED 1,032 per sqft for 2,451 sqft. The unit has 5 registered sales; the first was AED 2,182,320 in June 2008.
What is the rent for unit 703?
AED 185,000 a year on the contract signed on 1 May 2023. The previous contract, from May 2018, was AED 71,807.
How big is unit 703?
2,451 sqft (227.7 sqm): a four-bedroom apartment on the 7th floor of a 44-storey tower completed in 2006.
What is unit 703 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 703, Horizon Tower
Starts from the last sale price (AED 2.53M, 17 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,530,000
- Deposit, UAE resident (20%)
- AED 506,000
- Deposit, non-resident (40%)
- AED 1,012,000
- Monthly over 25 years at 3.7%
- AED 10,351
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →