4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 10th floor · completed 2006

1004, Horizon Tower

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 25 January 2022
Last soldAED 1.63M25 January 2022
Current rentAED 110K /yr25 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Horizon Tower

What is 1004 worth today?

Last sold for AED 1,630,000 in 2022

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25 Jan 2022SoldReady
AED 1,630,000AED 676 per sqft
25 Jul 2021RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
23 May 2020RentedRenewal
AED 130,000/yr12 months · AED 54 per sqft
1 Aug 2017RentedNew contract
AED 170,000/yr12 months · AED 71 per sqft
1 Aug 2016RentedNew contract
AED 185,000/yr12 months · AED 77 per sqft
8 Mar 2015RentedNew contract
AED 205,000/yr12 months · AED 85 per sqft
8 Mar 2014RentedNew contract
AED 205,000/yr12 months · AED 85 per sqft
27 Feb 2013RentedNew contract
AED 180,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 25 January 2022.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
10th of 44
Parking
B3-23, B3-22
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 1.63M · January 2022

About 1004, Horizon Tower

1004 is a four-bedroom apartment of 2,409 sqft on the 10th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 25 January 2022 for AED 1,630,000, or AED 676 per sqft, 5% above the AED 644 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 25 July 2021, is AED 110,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 35,000 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical four-bed in Horizon Tower
2M3M2008201320182023Typical sale price by year: 2008 AED 1,919,950; 2009 AED 1,672,177; 2010 AED 1,887,500; 2011 AED 1,615,000; 2012 AED 1,727,266; 2013 AED 2,200,000; 2014 AED 2,960,000; 2015 AED 2,500,000; 2016 AED 2,575,000; 2017 AED 3,300,000; 2018 AED 1,837,500; 2019 AED 1,500,000; 2020 AED 1,500,000; 2021 AED 1,579,000; 2022 AED 1,880,000; 2023 AED 2,600,000; 2024 AED 2,708,092; 2025 AED 2,950,000Sold by developer, July 2010: AED 1,875,000 (AED 778 per sqft)Sold, January 2022: AED 1,630,000 (AED 676 per sqft)

1004 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1004, each contractTypical four-bed in Horizon Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 168,000; 2014 AED 186,250; 2015 AED 195,000; 2016 AED 180,000; 2017 AED 174,517; 2018 AED 163,750; 2019 AED 150,000; 2020 AED 120,000; 2021 AED 115,000; 2022 AED 145,500; 2023 AED 180,000; 2024 AED 205,000; 2025 AED 215,000; 2026 AED 200,000New contract, February 2013: AED 180,000 a yearNew contract, March 2014: AED 205,000 a yearNew contract, March 2015: AED 205,000 a yearNew contract, August 2016: AED 185,000 a yearNew contract, August 2017: AED 170,000 a yearRenewal, May 2020: AED 130,000 a yearNew contract, July 2021: AED 110,000 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 1004 sits

All 155 4-beds →

1004 last sold in January 2022 at AED 676 per sqft, 5% above what four-beds in Horizon Tower were fetching at the time (AED 644). Over the last 12 months four-beds sold for AED 2,500,000 to 3,000,000, around AED 1,020 per sqft, and rent for AED 140,000 to 300,000 a year. 1004's AED 110,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
12 Dec 20252,500,000
12 Dec 20252,500,000
31 Jul 20252,600,000
10 Jul 20253,200,000
3 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,020
Typical sale
AED 2.5M
Typical rent
AED 230K /yr
Typical yield
9.2%
Horizon Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 164 units in Horizon Tower
Value
10014-bedAED 2.52M · Mar 2014
10024-bedAED 1.45M · Aug 2021
10034-bedAED 1.8M · Jan 2013

1004, Horizon Tower in numbers

  • Sold twice: first on 1 July 2010 for AED 1,875,000, last on 25 January 2022 for AED 1,630,000 (AED 676 per sqft).
  • Rented since February 2013 on 7 Ejari contracts, from AED 180,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 35,000 a year (AED 14.54 per sqft).
  • Four-beds in Horizon Tower sold for AED 2,500,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,020 per sqft.

Source: Dubai Land Department. Updated 25 January 2022.

Questions about 1004, Horizon Tower

What did unit 1004 last sell for?

AED 1,630,000 on 25 January 2022: AED 676 per sqft for 2,409 sqft. The unit has 2 registered sales; the first was AED 1,875,000 in July 2010.

What is the rent for unit 1004?

AED 110,000 a year on the contract signed on 25 July 2021. The previous contract, from May 2020, was AED 130,000; the unit has been rented since February 2013.

How big is unit 1004?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 10th floor of a 44-storey tower completed in 2006.

What is unit 1004 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 2,500,000 to 3,000,000 in the last 12 months, around AED 1,020 per sqft.

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Mortgage on 1004, Horizon Tower

Starts from the last sale price (AED 1.63M, 25 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

Plus AED 73,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →