Horizon Tower

Horizon Tower is a 45-storey residential complex located in Dubai Marina. It was commissioned in 2006 and designed by Arenco Architectural & Engneering Consultants.

Horizon Tower comprises 162 apartments, including eight penthouses. Most of the apartments have panoramic windows offering beautiful views of the city.

The size of the apartments ranges from 207 to 227 square meters, the penthouses – 407 square meters. Living quarters include 4 bedrooms and 4 bathrooms, a maid’s room, a kitchen, and a spacious living room and balcony.

A distinctive feature of Horizon Tower is its privacy. There are only four apartments on each floor. Additionally, the entire complex has 24 hour-a-day security and there are video surveillance cameras in public areas. The parking area for cars also has round-the-clock surveillance.

There is a fully equipped fitness club with sauna and jacuzzi, and swimming pools for adults and children.

There is a helipad on the roof of the tower.

Prices

Prices for apartments start at AED 1,500,000 (USD 408,000). The average cost of the penthouses is AED 3,500,000 (USD 950,000).

The average annual return on investment for these types of properties is 5.63%. It is achieved thanks to their advantageous location in the center of a popular area. The average cost of a long-term lease is AED 120,000 (USD 32,700). Service charges are AED 13 (USD 3.5) per sq. m per month.