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4-bed · 1,225 sqftHorizon Tower, Dubai Marina · 31st floor · completed 2006

3103, Horizon Tower

Sold prices and rental history: sold once, by the developer in January 2009, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 2.38M21 January 2009
Current rentAED 170K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3103, Horizon Tower

What is 3103 worth today?

Last sold for AED 2,376,080 in 2009

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1 Oct 2022RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
21 Jan 2009Sold by developerReady
AED 2,376,080AED 969 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
4-bed apartment
Size
1,225 sqft
Floor
31st of 44
Parking
B1-37,B1-38
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 17,800 /yr
Last sold
AED 2.38M · January 2009
Building
Horizon Tower

About 3103, Horizon Tower

3103 is a four-bedroom apartment of 1,225 sqft on the 31st floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 21 January 2009 for AED 2,376,080, or AED 969 per sqft, 25% above the AED 775 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 170,000 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, 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, January 2009: AED 2,376,080 (AED 969 per sqft)

3103 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3103, 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, October 2022: AED 170,000 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 3103 sits

All 155 4-beds →

3103 last sold in January 2009 at AED 969 per sqft, 25% above what four-beds in Horizon Tower were fetching at the time (AED 775). 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. 3103's AED 170,000 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 31st floor

All 164 units in Horizon Tower
Value
31014-bedAED 1.81M · Nov 2008
31024-bedAED 1.48M · Feb 2021
31044-bedAED 3.2M · Nov 2023

3103, Horizon Tower in numbers

  • Sold once: by Gulf General Investments Co on 21 January 2009 for AED 2,376,080, or AED 969 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2009 price is 7.1%, before a service charge of about AED 17,800 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 1 October 2022.

Questions about 3103, Horizon Tower

What did unit 3103 last sell for?

AED 2,376,080 on 21 January 2009, sold by the developer: AED 969 per sqft for 1,225 sqft. It is the only registered sale of the unit.

What is the rent for unit 3103?

AED 170,000 a year on the contract signed on 1 October 2022.

How big is unit 3103?

1,225 sqft (113.8 sqm): a four-bedroom apartment on the 31st floor of a 44-storey tower completed in 2006.

What is unit 3103 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 3103, Horizon Tower

Starts from the last sale price (AED 2.38M, 21 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,376,080
Deposit, UAE resident (20%)
AED 475,216
Deposit, non-resident (40%)
AED 950,432
Monthly over 25 years at 3.7%
AED 9,721

Plus AED 104,805 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →