4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 11th floor · completed 2006

1102, Horizon Tower

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 1.8M24 June 2022
Current rentAED 190K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Horizon Tower

What is 1102 worth today?

Last sold for AED 1,800,000 in 2022

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3 Oct 2024RentedNew contract
AED 190,000/yr12 months · AED 77 per sqft
10 Sep 2023RentedNew contract
AED 180,000/yr12 months · AED 73 per sqft
1 Jul 2022RentedNew contract
AED 110,400/yr12 months · AED 45 per sqft
24 Jun 2022SoldReady
AED 1,800,000AED 734 per sqft
1 Jul 2021RentedNew contract
AED 92,000/yr12 months · AED 38 per sqft
1 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 51 per sqft
1 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 51 per sqft
5 Dec 2016RentedNew contract
AED 175,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
11th of 44
Parking
B3-19, B3-18
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 1.8M · June 2022

About 1102, Horizon Tower

1102 is a four-bedroom apartment of 2,451 sqft on the 11th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 24 June 2022 for AED 1,800,000, or AED 734 per sqft, 6% above the AED 693 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 3 October 2024, is AED 190,000 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 35,600 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical four-bed in Horizon Tower
2M2008201320182023Typical 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, March 2009: AED 836,089 (AED 341 per sqft)Sold, October 2013: AED 2,200,000 (AED 897 per sqft)Sold, June 2022: AED 1,800,000 (AED 734 per sqft)

1102 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1102, each contractTypical four-bed in Horizon Tower
100K200K2012201620202024Typical 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 200,000Renewal, November 2014: AED 203,550 a yearRenewal, November 2015: AED 190,000 a yearNew contract, December 2016: AED 175,000 a yearNew contract, March 2019: AED 125,000 a yearRenewal, March 2020: AED 125,000 a yearNew contract, July 2021: AED 92,000 a yearNew contract, July 2022: AED 110,400 a yearNew contract, September 2023: AED 180,000 a yearNew contract, October 2024: AED 190,000 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 1102 sits

All 155 4-beds →

1102 last sold in June 2022 at AED 734 per sqft, 6% above what four-beds in Horizon Tower were fetching at the time (AED 693). 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. 1102's AED 190,000 is in the lower half 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 11th floor

All 164 units in Horizon Tower
Value
11014-bedAED 2.35M · Jul 2016
11034-bedAED 2.7M · Dec 2022
11044-bedAED 1.81M · Jun 2022

1102, Horizon Tower in numbers

  • Sold 3 times: first on 26 March 2009 for AED 836,089, last on 24 June 2022 for AED 1,800,000 (AED 734 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 203,550 to AED 92,000 in 2021 and recovered to AED 190,000 by October 2024.
  • At AED 190,000 a year the gross yield on the 2022 price is 10.6%, before a service charge of about AED 35,600 a year (AED 14.54 per sqft).
  • Four-beds in Horizon Tower sold for AED 2,500,000–3,000,000 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 3 October 2024.

Questions about 1102, Horizon Tower

What did unit 1102 last sell for?

AED 1,800,000 on 24 June 2022: AED 734 per sqft for 2,451 sqft. The unit has 3 registered sales; the first was AED 836,089 in March 2009.

What is the rent for unit 1102?

AED 190,000 a year on the contract signed on 3 October 2024. The previous contract, from September 2023, was AED 180,000; the unit has been rented since November 2014.

How big is unit 1102?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 11th floor of a 44-storey tower completed in 2006.

What is unit 1102 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 1102, Horizon Tower

Starts from the last sale price (AED 1.8M, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →