4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 7th floor · completed 2006

704, Horizon Tower

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 14 April 2025
Last soldAED 2.46M14 April 2025
Current rentAED 230K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Horizon Tower

What is 704 worth today?

Last sold for AED 2,460,000 in 2025

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14 Apr 2025SoldReady
AED 2,460,000AED 1,021 per sqft
1 Feb 2024RentedRenewal
AED 230,000/yr12 months · AED 95 per sqft
1 Feb 2024RentedRenewal
AED 230,000/yr12 months · AED 95 per sqft
1 Feb 2023RentedRenewal
AED 230,000/yr12 months · AED 95 per sqft
1 Feb 2022RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
1 Feb 2022RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
1 Feb 2021RentedRenewal
AED 125,000/yr12 months · AED 52 per sqft
10 Jan 2020RentedRenewal
AED 118,020/yr13 months · AED 49 per sqft

Source: Dubai Land Department. Updated 14 April 2025.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
7th of 44
Parking
B3-47, B3-46
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.46M · April 2025

About 704, Horizon Tower

704 is a four-bedroom apartment of 2,409 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 14 April 2025 for AED 2,460,000, or AED 1,021 per sqft, 10% below the AED 1,135 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 230,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 35,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 2,162,132 (AED 897 per sqft)Sold, April 2025: AED 2,460,000 (AED 1,021 per sqft)

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

Rents
Unit 704, 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 2013: AED 180,000 a yearRenewal, March 2015: AED 220,000 a yearNew contract, June 2016: AED 220,000 a yearRenewal, June 2017: AED 220,000 a yearNew contract, January 2019: AED 150,000 a yearRenewal, January 2020: AED 118,020 a yearRenewal, February 2021: AED 125,000 a yearRenewal, February 2022: AED 150,000 a yearNew contract, February 2022: AED 150,000 a yearRenewal, February 2023: AED 230,000 a yearRenewal, February 2024: AED 230,000 a yearRenewal, February 2024: AED 230,000 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 704 sits

All 164 4-beds →

704 last sold in April 2025 at AED 1,021 per sqft, 10% below what four-beds in Horizon Tower were fetching at the time (AED 1,135). 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. 704's AED 230,000 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 7th floor

All 164 units in Horizon Tower
Value
7014-bedAED 2.41M · Oct 2013
7024-bedAED 2.95M · Oct 2024
7034-bedAED 2.53M · Nov 2023

704, Horizon Tower in numbers

  • Sold twice: first on 25 November 2008 for AED 2,162,132, last on 14 April 2025 for AED 2,460,000 (AED 1,021 per sqft).
  • Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 180,000 to AED 118,020 in 2020 and recovered to AED 230,000 by February 2024.
  • At AED 230,000 a year the gross yield on the 2025 price is 9.3%, 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 14 April 2025.

Questions about 704, Horizon Tower

What did unit 704 last sell for?

AED 2,460,000 on 14 April 2025: AED 1,021 per sqft for 2,409 sqft. The unit has 2 registered sales; the first was AED 2,162,132 in November 2008.

What is the rent for unit 704?

AED 230,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2024, was AED 230,000; the unit has been rented since February 2013.

How big is unit 704?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 7th floor of a 44-storey tower completed in 2006.

What is unit 704 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 704, Horizon Tower

Starts from the last sale price (AED 2.46M, 14 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,460,000
Deposit, UAE resident (20%)
AED 492,000
Deposit, non-resident (40%)
AED 984,000
Monthly over 25 years at 3.7%
AED 10,065

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