Horizon Tower in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Horizon Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
4	228	10,981	2,500,000

The price of an apartment in Horizon Tower is 10,981 AED/sqm on average.

Price for completed 4 bedroom apartment in Horizon Tower is 2,500,000 AED or 10,981 AED/sqm.

About Horizon Tower

'Horizon Tower' in 'Dubai Marina' area project description

Horizon Tower is a prominent residential skyscraper nestled in the heart of Dubai Marina, one of the city's most sought-after waterfront districts. This impressive structure stands out with its distinctive architectural design, characterized by its circular shape and gleaming blue glass façade. Horizon Tower, completed in 2006, offers a total of 156 residential units spread across 45 floors, making it a desirable address for those seeking a blend of luxury, comfort, and convenience.

The tower's apartments range from spacious four-bedroom units to luxurious penthouses, catering to both families and individuals who prioritize living space and upscale amenities. Each apartment within Horizon Tower is designed to provide breathtaking views of the Marina, the Arabian Gulf, and the surrounding cityscape, thanks to expansive floor-to-ceiling windows and generously sized balconies.

Residents of Horizon Tower enjoy access to a broad array of top-tier amenities. The building houses a large outdoor swimming pool, perfect for relaxation and recreational activities against the backdrop of Dubai's stunning skyline. A fully-equipped fitness center allows residents to maintain their fitness routines without needing to leave the building. For those who prefer a more leisurely way to unwind, the tower also includes a sauna and steam rooms.

Privacy and security are paramount in Horizon Tower. The building features a sophisticated 24/7 security system, including CCTV cameras and controlled access points, ensuring a safe living environment. Additionally, there are dedicated parking spaces for residents, along with valet services and ample visitor parking, making it convenient for guests and residents alike.

The location of Horizon Tower adds to its appeal. Situated in Dubai Marina, residents are just a stone's throw away from a plethora of dining, shopping, and entertainment options. The Marina Walk, a scenic waterfront walkway dotted with cafes and restaurants, is within easy walking distance. Moreover, the tower's proximity to the Dubai Marina Mall provides convenient access to high-end retail stores and a variety of amenities.

Transportation is also highly accessible from Horizon Tower. The Dubai Metro and the Dubai Tram both have stations nearby, providing seamless connectivity to other parts of the city. This convenience makes Horizon Tower an ideal choice for professionals working in Dubai's bustling business districts, as well as families seeking a well-connected and vibrant community.

Horizon Tower stands as a testament to luxurious living in one of Dubai's most dynamic neighborhoods. Its combination of spacious residences, stunning views, modern amenities, and prime location make it a coveted address in Dubai Marina, appealing to both local and international residents.

Q&A on Horizon Tower

What are the advantages of 'Horizon Tower' project in Dubai for property buyers? What are the disadvantages?

### Advantages of Horizon Tower in Dubai Marina

1. Prime Location:
- Situated in the Dubai Marina area, one of the most sought-after and vibrant waterfront districts in Dubai.
- Easy access to major highways, metro stations, and public transportation, enhancing connectivity.

2. Impressive Views:
- Offers stunning views of Dubai Marina, the Arabian Gulf, and the city skyline, providing a picturesque living experience.

3. Amenities:
- Features a wide range of amenities including swimming pools, fitness centers, saunas, and children’s play areas.
- Includes high-end communal facilities such as a BBQ area and a multipurpose hall.

4. Spacious Units:
- Well-designed, spacious apartments with high-quality finishes and fittings.
- Variety of unit sizes and layouts to cater to different family requirements.

5. Strong Rental Market:
- Due to its prime location and luxurious offerings, it attracts both short-term and long-term tenants, ensuring a good rental yield.

6. Resale Value:
- Properties in Dubai Marina generally enjoy appreciation in value over time, contributing to potentially high resale values.

7. Lifestyle:
- Proximity to numerous dining, retail, and entertainment options within Dubai Marina.
- Walking distance to the Marina Walk, Dubai Marina Mall, and various beaches.

### Disadvantages of Horizon Tower in Dubai Marina

1. High Price Point:
- Premium location and amenities come with a higher purchase cost compared to other areas in Dubai.
- Maintenance fees can be relatively high due to the extensive amenities provided.

2. Traffic Congestion:
- Dubai Marina is known for traffic congestion, particularly during peak hours and weekends, which can be a challenge for residents.

3. Overcrowding:
- As a popular tourist and residential hotspot, the area can be quite crowded, especially during the tourist season, which might affect the tranquility.

4. Noise:
- Proximity to major roads and bustling nightlife spots can lead to increased noise levels, which might be a consideration for families or those preferring quieter surroundings.

5. Parking Issues:
- Although Horizon Tower provides parking facilities, availability can sometimes be an issue, especially for visitors.

6. Market Fluctuations:
- Being part of a luxury real estate market, property values can be more susceptible to economic fluctuations compared to more stable, mid-range properties.

7. Competition:
- Plenty of high-end residential options in Dubai Marina, which can lead to stiff competition in the rental market and potentially impact occupancy rates.

What projects are better than 'Horizon Tower' project in Dubai which are located close by, and why?

Prime developments in Dubai Marina that outshine Horizon Tower include:

Address Sky View: High-end amenities, direct access to the Marina Walk, stunning views of the marina.

Marina Gate: State-of-the-art gym facilities, multiple swimming pools, premium finishes.

Le Reve: Ultra-luxury living, spacious penthouses, celebrity residents.

Pier 7: Direct access to dining and leisure outlets, panoramic marina views.

Emaar 52|42: Modern design, proximity to JBR and The Walk, superior facilities.

Each offers a distinct blend of luxury living, superior amenities, and prime location advantages.

What are the closest schools to 'Horizon Tower' project in Dubai?

- International School of Choueifat Dubai, located in Al Sufouh.
- The American School of Dubai, located in Al Barsha.
- Dubai British School, located in Emirates Hills.
- Emirates International School, located in Meadows.
- GEMS Wellington International School, located in Al Sufouh.

What are the closest medical clinics to 'Horizon Tower' project in Dubai?

- Marina Medical Center - Dubai Marina Walk, Emaar Marina Promenade
- Emirates Hospital Clinic - Marina - Emaar Marina Plaza, near Dubai Marina Mall
- Medcare Medical Centre - Marina - Marina Gate Tower, Al Marsa Street
- American Hospital Clinic - Dubai Media City - Building 10, Dubai Media City, near Nakheel Metro Station