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4-bed · 2,451 sqftHorizon Tower, Dubai Marina · 8th floor · completed 2006

803, Horizon Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented once, from September 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 7 September 2023
Last soldAED 1.84M16 November 2022
Current rentAED 170K /yr7 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, Horizon Tower

What is 803 worth today?

Last sold for AED 1,836,000 in 2022

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7 Sep 2023RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
16 Nov 2022SoldReady
AED 1,836,000AED 749 per sqft
6 Jul 2021SoldReady
AED 1,500,000AED 612 per sqft
13 Apr 2011Sold by developerReady
AED 2,400,000AED 979 per sqft

Source: Dubai Land Department. Updated 7 September 2023.

Key facts

Type
4-bed apartment
Size
2,451 sqft
Floor
8th of 44
Parking
B3-41, B3-40
Developer
Gulf General Investments Co
Completed
2006
Service charge
AED 35,600 /yr
Last sold
AED 1.84M · November 2022
Building
Horizon Tower

About 803, Horizon Tower

803 is a four-bedroom apartment of 2,451 sqft on the 8th floor of Horizon Tower, a 44-storey tower in Dubai Marina completed in 2006 by Gulf General Investments Co. It last sold on 16 November 2022 for AED 1,836,000, or AED 749 per sqft, in line with the AED 751 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 September 2023. The current contract, signed on 7 September 2023, is AED 170,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 35,600 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, April 2011: AED 2,400,000 (AED 979 per sqft)Sold, July 2021: AED 1,500,000 (AED 612 per sqft)Sold, November 2022: AED 1,836,000 (AED 749 per sqft)

803 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 803, 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, September 2023: 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 803 sits

All 155 4-beds →

803 last sold in November 2022 at AED 749 per sqft, in line with what four-beds in Horizon Tower were fetching at the time (AED 751). Over the last 12 months four-beds sold for AED 2,500,000, around AED 1,020 per sqft, and rent for AED 140,000 to 300,000 a year. 803'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
2 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. 2 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 8th floor

All 164 units in Horizon Tower
Value
8014-bedAED 1.5M · Aug 2019
8024-bedAED 1.64M · Nov 2008
8044-bedAED 1.7M · Nov 2019

803, Horizon Tower in numbers

  • Sold 3 times: first on 13 April 2011 for AED 2,400,000, last on 16 November 2022 for AED 1,836,000 (AED 749 per sqft).
  • Rented since September 2023 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 35,600 a year (AED 14.54 per sqft).
  • Four-beds in Horizon Tower sold for AED 2,500,000–2,500,000 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 September 2023.

Questions about 803, Horizon Tower

What did unit 803 last sell for?

AED 1,836,000 on 16 November 2022: AED 749 per sqft for 2,451 sqft. The unit has 3 registered sales; the first was AED 2,400,000 in April 2011.

What is the rent for unit 803?

AED 170,000 a year on the contract signed on 7 September 2023.

How big is unit 803?

2,451 sqft (227.7 sqm): a four-bedroom apartment on the 8th floor of a 44-storey tower completed in 2006.

What is unit 803 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 2,500,000 in the last 12 months, around AED 1,020 per sqft.

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Mortgage on 803, Horizon Tower

Starts from the last sale price (AED 1.84M, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,836,000
Deposit, UAE resident (20%)
AED 367,200
Deposit, non-resident (40%)
AED 734,400
Monthly over 25 years at 3.7%
AED 7,512

Plus AED 82,122 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →