1504, Horizon Tower
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Horizon Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,409 sqft
- Floor
- 15th of 44
- Parking
- B2-12, B2-13
- Developer
- Gulf General Investments Co
- Completed
- 2006
- Service charge
- AED 35,000 /yr
- Last sold
- AED 2.65M · September 2023
- Building
- Horizon Tower
About 1504, Horizon Tower
1504 is a four-bedroom apartment of 2,409 sqft on the 15th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 21 September 2023 for AED 2,650,000, or AED 1,100 per sqft, 16% above the AED 949 four-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 September 2024, is AED 209,418 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 35,000 a year.
Sales and rents for 1504 over time
1504 has sold twice; the dashed line is the four-bed median of each year in the building.
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 1504 sits
All 155 4-beds →1504 last sold in September 2023 at AED 1,100 per sqft, 16% above what four-beds in Horizon Tower were fetching at the time (AED 949). 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. 1504's AED 209,418 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Dec 202512 December 2025 | 2,451 sqft | 2,500,000 | 1,020 | ||
| 12 Dec 202512 December 2025 | 2,451 sqft | 2,500,000 | 1,020 | ||
| 31 Jul 202531 July 2025 | 2,409 sqft | 2,600,000 | 1,079 | ||
| 10 Jul 202510 July 2025 | 2,409 sqft | 3,200,000 | 1,328 |
Horizon Tower
Building164 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%
Other units on the 15th floor
All 164 units in Horizon Tower1504, Horizon Tower in numbers
- Sold twice: first on 29 March 2009 for AED 1,050,000, last on 21 September 2023 for AED 2,650,000 (AED 1,100 per sqft).
- Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 138,000 to AED 105,000 in 2021 and recovered to AED 209,418 by September 2024.
- At AED 209,418 a year the gross yield on the 2023 price is 7.9%, 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 15 September 2024.
Questions about 1504, Horizon Tower
What did unit 1504 last sell for?
AED 2,650,000 on 21 September 2023: AED 1,100 per sqft for 2,409 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in March 2009.
What is the rent for unit 1504?
AED 209,418 a year on the contract signed on 15 September 2024. The previous contract, from November 2023, was AED 200,000; the unit has been rented since February 2020.
How big is unit 1504?
2,409 sqft (223.8 sqm): a four-bedroom apartment on the 15th floor of a 44-storey tower completed in 2006.
What is unit 1504 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 1504, Horizon Tower
Starts from the last sale price (AED 2.65M, 21 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →