4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 20th floor · completed 2006

2004, Horizon Tower

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 1.9M14 July 2008
Current rentAED 260K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Horizon Tower

What is 2004 worth today?

Last sold for AED 1,895,500 in 2008

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7 Oct 2024RentedNew contract
AED 260,000/yr60 months · AED 108 per sqft
31 Aug 2023RentedRenewal
AED 180,000/yr12 months · AED 75 per sqft
31 Aug 2021RentedNew contract
AED 130,000/yr12 months · AED 54 per sqft
5 Nov 2020RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
15 Mar 2019RentedRenewal
AED 170,000/yr12 months · AED 71 per sqft
17 Jan 2017RentedNew contract
AED 199,464/yr12 months · AED 83 per sqft
17 Jan 2016RentedNew contract
AED 209,437/yr12 months · AED 87 per sqft
1 Jan 2015RentedNew contract
AED 205,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
20th of 44
Parking
B2-52, B2-53
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 1.9M · July 2008

About 2004, Horizon Tower

2004 is a four-bedroom apartment of 2,409 sqft on the 20th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 14 July 2008 for AED 1,895,500, or AED 786 per sqft, 4% below the AED 821 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 7 October 2024, is AED 260,000 a year: a gross yield of 13.7% on the 2008 price, before the service charge of about AED 35,000 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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 2008: AED 1,895,500 (AED 786 per sqft)

2004 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2004, 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 200,000New contract, February 2013: AED 180,000 a yearNew contract, October 2013: AED 200,000 a yearNew contract, January 2015: AED 205,000 a yearNew contract, January 2016: AED 209,437 a yearNew contract, January 2017: AED 199,464 a yearRenewal, March 2019: AED 170,000 a yearNew contract, November 2020: AED 120,000 a yearNew contract, August 2021: AED 130,000 a yearRenewal, August 2023: AED 180,000 a yearNew contract, October 2024: AED 260,000 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 2004 sits

All 155 4-beds →

2004 last sold in July 2008 at AED 786 per sqft, 4% below what four-beds in Horizon Tower were fetching at the time (AED 821). 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. 2004's AED 260,000 is in the upper 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 20th floor

All 164 units in Horizon Tower
Value
20014-bedAED 1.5M · Aug 2021
20024-bedAED 3.05M · Mar 2025
20034-bedAED 2.5M · Jan 2016

2004, Horizon Tower in numbers

  • Sold once: by Gulf General Investments Co on 14 July 2008 for AED 1,895,500, or AED 786 per sqft.
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 120,000 in 2020 and recovered to AED 260,000 by October 2024.
  • At AED 260,000 a year the gross yield on the 2008 price is 13.7%, before a service charge of about AED 35,000 a year (AED 14.54 per sqft).
  • Four-beds in Horizon Tower sold for AED 2,500,000–3,000,000 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 7 October 2024.

Questions about 2004, Horizon Tower

What did unit 2004 last sell for?

AED 1,895,500 on 14 July 2008, sold by the developer: AED 786 per sqft for 2,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 260,000 a year on the contract signed on 7 October 2024. The previous contract, from August 2023, was AED 180,000; the unit has been rented since February 2013.

How big is unit 2004?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 20th floor of a 44-storey tower completed in 2006.

What is unit 2004 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 2004, Horizon Tower

Starts from the last sale price (AED 1.9M, 14 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,895,500
Deposit, UAE resident (20%)
AED 379,100
Deposit, non-resident (40%)
AED 758,200
Monthly over 25 years at 3.7%
AED 7,755

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