4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 9th floor · completed 2006

903, Horizon Tower

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 7 November 2021
Last soldAED 1.7M7 November 2021
Current rentAED 120K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Horizon Tower

What is 903 worth today?

Last sold for AED 1,700,000 in 2021

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7 Nov 2021Sold by developerReady
AED 1,700,000AED 693 per sqft
15 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
15 Dec 2012RentedNew contract
AED 150,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 7 November 2021.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
9th of 44
Parking
B3-33, B3-32
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 1.7M · November 2021

About 903, Horizon Tower

903 is a four-bedroom apartment of 2,451 sqft on the 9th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 7 November 2021 for AED 1,700,000, or AED 693 per sqft, 8% above the AED 644 four-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 February 2021, is AED 120,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 35,600 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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 2021: AED 1,700,000 (AED 693 per sqft)

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

Rents
Unit 903, 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 210,000New contract, December 2012: AED 150,000 a yearNew contract, February 2021: AED 120,000 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 903 sits

All 164 4-beds →

903 last sold in November 2021 at AED 693 per sqft, 8% above what four-beds in Horizon Tower were fetching at the time (AED 644). 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. 903's AED 120,000 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 9th floor

All 164 units in Horizon Tower
Value
9014-bedAED 2.55M · Jan 2025
9024-bedAED 2.8M · Nov 2024
9044-bedAED 2.3M · Jan 2023

903, Horizon Tower in numbers

  • Sold once: by Gulf General Investments Co on 7 November 2021 for AED 1,700,000, or AED 693 per sqft.
  • Rented since December 2012 on 2 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 7.1%, 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 7 November 2021.

Questions about 903, Horizon Tower

What did unit 903 last sell for?

AED 1,700,000 on 7 November 2021, sold by the developer: AED 693 per sqft for 2,451 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 120,000 a year on the contract signed on 15 February 2021. The previous contract, from December 2012, was AED 150,000.

How big is unit 903?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 9th floor of a 44-storey tower completed in 2006.

What is unit 903 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 903, Horizon Tower

Starts from the last sale price (AED 1.7M, 7 November 2021). 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 →