4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 8th floor · completed 2006

804, Horizon Tower

Sold prices and rental history: sold 5 times, last in November 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 14 November 2019
Last soldAED 1.7M14 November 2019
Current rentAED 284K /yr1 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Horizon Tower

What is 804 worth today?

Last sold for AED 1,700,000 in 2019

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14 Nov 2019SoldReady
AED 1,700,000AED 705 per sqft
1 Sep 2017RentedNew contract
AED 284,211/yr12 months · AED 118 per sqft
13 May 2013RentedNew contract · flagged as an outlier
AED 30,000/yr11 months · AED 12 per sqft
8 May 2013SoldReady
AED 2,500,000AED 1,037 per sqft
24 Mar 2013SoldReady
AED 1,800,000AED 747 per sqft
24 Mar 2013SoldReady
AED 1,577,571AED 654 per sqft
16 Nov 2008Sold by developerReady
AED 1,150,000AED 477 per sqft

Source: Dubai Land Department. Updated 14 November 2019.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
8th of 44
Parking
B3-39, B3-38
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 1.7M · November 2019

About 804, Horizon Tower

804 is a four-bedroom apartment of 2,409 sqft on the 8th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 14 November 2019 for AED 1,700,000, or AED 705 per sqft, in line with the AED 705 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 September 2017, is AED 284,211 a year: a gross yield of 16.7% on the 2019 price, before the service charge of about AED 35,000 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical four-bed in Horizon Tower
1M2M3M2008201320182023Typical 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 1,150,000 (AED 477 per sqft)Sold, March 2013: AED 1,800,000 (AED 747 per sqft)Sold, March 2013: AED 1,577,571 (AED 654 per sqft)Sold, May 2013: AED 2,500,000 (AED 1,037 per sqft)Sold, November 2019: AED 1,700,000 (AED 705 per sqft)

804 has sold 5 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 804, each contractTypical four-bed in Horizon Tower
100K200K300K2012201620202024Typical 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, September 2017: AED 284,211 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 804 sits

All 164 4-beds →

804 last sold in November 2019 at AED 705 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 705). 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. 804's AED 284,211 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 8th floor

All 164 units in Horizon Tower
Value
8014-bedAED 1.5M · Aug 2019
8024-bedAED 1.64M · Nov 2008
8034-bedAED 1.84M · Nov 2022

804, Horizon Tower in numbers

  • Sold 5 times: first on 16 November 2008 for AED 1,150,000, last on 14 November 2019 for AED 1,700,000 (AED 705 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 30,000 to AED 284,211 a year.
  • At AED 284,211 a year the gross yield on the 2019 price is 16.7%, 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 November 2019.

Questions about 804, Horizon Tower

What did unit 804 last sell for?

AED 1,700,000 on 14 November 2019: AED 705 per sqft for 2,409 sqft. The unit has 5 registered sales; the first was AED 1,150,000 in November 2008.

What is the rent for unit 804?

AED 284,211 a year on the contract signed on 1 September 2017. The previous contract, from May 2013, was AED 30,000.

How big is unit 804?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 8th floor of a 44-storey tower completed in 2006.

What is unit 804 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 804, Horizon Tower

Starts from the last sale price (AED 1.7M, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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