Home
Dubai prices
About
Research
4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 5th floor · completed 2006

502, Horizon Tower

Sold prices and rental history: sold twice, last in July 2008, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1.64M30 July 2008
Current rentAED 215K /yr8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 502

Property timeline for 502, Horizon Tower

What is 502 worth today?

Last sold for AED 1,643,827 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jul 2024RentedNew contract
AED 215,000/yr12 months · AED 88 per sqft
30 Jul 2008Sold by developerReady
AED 1,643,827AED 670 per sqft
30 Jul 2008SoldReady
AED 1,600,000AED 652 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
5th of 44
Parking
B3-65, B3-64
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 1.64M · July 2008
Building
Horizon Tower

About 502, Horizon Tower

502 is a four-bedroom apartment of 2,451 sqft on the 5th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. The developer sold it on 30 July 2008 for AED 1,643,827, or AED 670 per sqft, 18% below the AED 821 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 July 2024. The current contract, signed on 8 July 2024, is AED 215,000 a year: a gross yield of 13.1% on the 2008 price, before the service charge of about AED 35,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 1,643,827 (AED 670 per sqft)Sold, July 2008: AED 1,600,000 (AED 652 per sqft)

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

Rents
Unit 502, 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, July 2024: AED 215,000 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 502 sits

All 155 4-beds →

502 last sold in July 2008 at AED 670 per sqft, 18% 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. 502's AED 215,000 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 5th floor

All 164 units in Horizon Tower
Value
5014-bedAED 1.4M · Dec 2019
5034-bedAED 3.48M · Apr 2025
5044-bedAED 1.7M · Sep 2008

502, Horizon Tower in numbers

  • Sold twice: first on 30 July 2008 for AED 1,600,000, last on 30 July 2008 for AED 1,643,827 (AED 670 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2008 price is 13.1%, 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 8 July 2024.

Questions about 502, Horizon Tower

What did unit 502 last sell for?

AED 1,643,827 on 30 July 2008, sold by the developer: AED 670 per sqft for 2,451 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in July 2008.

What is the rent for unit 502?

AED 215,000 a year on the contract signed on 8 July 2024.

How big is unit 502?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 5th floor of a 44-storey tower completed in 2006.

What is unit 502 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.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Horizon Tower

Starts from the last sale price (AED 1.64M, 30 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,643,827
Deposit, UAE resident (20%)
AED 328,765
Deposit, non-resident (40%)
AED 657,531
Monthly over 25 years at 3.7%
AED 6,725

Plus AED 74,051 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →