4-bed · 2,409 sqftHorizon Tower, Dubai Marina · 40th floor · completed 2006

4004, Horizon Tower

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4004 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 2.34M24 February 2013
Current rentAED 200K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4004, Horizon Tower

What is 4004 worth today?

Last sold for AED 2,335,760 in 2013

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15 Aug 2024RentedNew contract
AED 200,000/yr12 months · AED 83 per sqft
15 Apr 2022RentedNew contract
AED 175,000/yr12 months · AED 73 per sqft
1 Feb 2021RentedNew contract
AED 115,000/yr12 months · AED 48 per sqft
10 Oct 2019RentedNew contract
AED 200,000/yr12 months · AED 83 per sqft
15 Sep 2018RentedNew contract
AED 200,000/yr12 months · AED 83 per sqft
15 Sep 2017RentedNew contract
AED 210,000/yr12 months · AED 87 per sqft
1 Sep 2016RentedNew contract
AED 180,000/yr12 months · AED 75 per sqft
1 Apr 2016RentedRenewal
AED 220,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
4-bed apartment
Size
2,409 sqft
Floor
40th of 44
Parking
G-21,G-22
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,000 /yr
Last sold
AED 2.34M · February 2013

About 4004, Horizon Tower

4004 is a four-bedroom apartment of 2,409 sqft on the 40th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 24 February 2013 for AED 2,335,760, or AED 969 per sqft, 30% above the AED 747 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 15 August 2024, is AED 200,000 a year: a gross yield of 8.6% on the 2013 price, before the service charge of about AED 35,000 a year.

Sales and rents for 4004 over time

Sales
Unit 4004, 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, February 2013: AED 2,335,760 (AED 969 per sqft)

4004 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4004, 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, January 2014: AED 188,952 a yearNew contract, January 2015: AED 240,000 a yearNew contract, April 2015: AED 180,000 a yearRenewal, April 2016: AED 220,000 a yearNew contract, September 2016: AED 180,000 a yearNew contract, September 2017: AED 210,000 a yearNew contract, September 2018: AED 200,000 a yearNew contract, October 2019: AED 200,000 a yearNew contract, February 2021: AED 115,000 a yearNew contract, April 2022: AED 175,000 a yearNew contract, August 2024: AED 200,000 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 4004 sits

All 155 4-beds →

4004 last sold in February 2013 at AED 969 per sqft, 30% above what four-beds in Horizon Tower were fetching at the time (AED 747). 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. 4004's AED 200,000 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 40th floor

All 164 units in Horizon Tower
Value
40014-bedAED 1.77M · Nov 2008
4002AED 2.4M · Jul 2024
40034-bedAED 2.6M · Nov 2024

4004, Horizon Tower in numbers

  • Sold once: by Gulf General Investments Co on 24 February 2013 for AED 2,335,760, or AED 969 per sqft.
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 188,952 to AED 115,000 in 2021 and recovered to AED 200,000 by August 2024.
  • At AED 200,000 a year the gross yield on the 2013 price is 8.6%, 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 August 2024.

Questions about 4004, Horizon Tower

What did unit 4004 last sell for?

AED 2,335,760 on 24 February 2013, sold by the developer: AED 969 per sqft for 2,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 4004?

AED 200,000 a year on the contract signed on 15 August 2024. The previous contract, from April 2022, was AED 175,000; the unit has been rented since January 2014.

How big is unit 4004?

2,409 sqft (223.8 sqm): a four-bedroom apartment on the 40th floor of a 44-storey tower completed in 2006.

What is unit 4004 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 4004, Horizon Tower

Starts from the last sale price (AED 2.34M, 24 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,335,760
Deposit, UAE resident (20%)
AED 467,152
Deposit, non-resident (40%)
AED 934,304
Monthly over 25 years at 3.7%
AED 9,556

Plus AED 103,112 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →