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Horizon Tower, Dubai Marina

Horizon Tower, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Stunning views of the marina

Proximity to amenities

Modern architecture

Weakens

High property prices

Traffic congestion

Noise from nearby nightlife

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Buildign Overview

Summary

  • Located in the prestigious Dubai Marina, Horizon Tower offers stunning views and a prime waterfront location.
  • The building is surrounded by a variety of dining, shopping, and entertainment options, making it ideal for both residents and visitors.
  • Excellent public transportation access includes the Dubai Metro and water taxis, connecting residents to the broader city.
  • Horizon Tower stands notably next to other high-rise residential buildings like Marina Pinnacle and Princess Tower.

Properties Overview

  • Offers a diverse range of apartments from studios to spacious three-bedroom units.
  • Rental prices typically range from AED 70,000 to AED 180,000 annually, depending on the unit size and view.
  • Sales prices for properties in Horizon Tower generally fall between AED 1.2 million and AED 3.5 million.
  • The most sought-after units feature panoramic marina views and modern finishes.

Market Trends

  • Current rental trends indicate a stable demand with a 5% increase in rental prices over the past year.
  • Sales prices have seen a slight upward trend, with an average ROI of around 7% for investors.
  • Expectations for the future indicate continued interest in the Dubai Marina area, particularly as new developments arise.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Near numerous supermarkets, including Carrefour and Spinneys, making grocery shopping convenient.
  • Proximity to top-tier schools such as the Emirates International School and the American School of Dubai.
  • Access to healthcare services at nearby hospitals like the Saudi German Hospital and Mediclinic.

Transportation and Accessibility

  • Efficient public transit options including the Dubai Tram and Metro stations within walking distance.
  • Ample parking options available for residents and visitors alike, enhancing accessibility to major thoroughfares.

Lifestyle Amenities

  • Features upscale amenities such as a fully equipped gym, swimming pool, and spa facilities.
  • A vibrant mix of restaurants, cafes, and lounges located within walking distance, catering to diverse palates.
  • Plenty of recreational activities including water sports, jogging paths, and beach access.

Builing Facilities

  • State-of-the-art elevators for swift access to all residential floors.
  • 24/7 security personnel and surveillance systems ensuring a safe living environment.
  • Central air conditioning and dedicated maintenance services for optimal comfort.

Special Services

  • Concierge services available to assist residents with bookings, inquiries, and other needs.
  • Business center facilities equipped for remote work or meetings.
  • Guest services to accommodate visitors, enhancing the hospitality experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Variants of layouts available, including open-concept studio apartments and multi-bedroom units, tailored to varying lifestyles.

Things to Consider

  • Consider location, budget, and property type in relation to your lifestyle needs before making a decision.
  • Assess the building's amenities, security features, and maintenance record.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events held within the building, fostering a sense of camaraderie among residents.
  • Celebrations for holidays and cultural festivals contribute to a vibrant living atmosphere.

Community Identity

  • Horizon Tower's architectural elegance and prime location set it apart, making it a symbol of modern luxury living.
  • Engagement activities, such as fitness classes and art exhibitions, enhance the building's communal atmosphere.

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Detailed Buiding Insights

1. Family Friendliness

Horizon Tower offers a family-friendly atmosphere with spacious units and nearby parks. However, the nightlife in the Marina area may not be suitable for younger children.

Moderately Welcoming

2. Living Options

The tower features a variety of apartments, including one, two, and three-bedroom units, catering to different family sizes and preferences.

Diverse Range

3. Safety And Security

The building has 24/7 security, CCTV surveillance, and controlled access points, ensuring a safe living environment for residents.

Highly Secure

4. Transportation

Horizon Tower is well-connected with easy access to public transport options such as the Metro and tram, making commuting straightforward.

Conveniently Accessible

5. Amenities And Facilities

Amenities include a pool, gym, children's play area, and nearby convenience stores, ensuring residents have access to necessary facilities.

Well-Equipped

6. Cost Of Living

While rental prices are slightly higher due to the prime location, they remain competitive compared to other high-end options in Dubai Marina.

Moderately Priced

7. Things To Do

Located close to the beach, shopping malls, and a variety of restaurants, Horizon Tower offers numerous recreational options for residents.

Vibrantly Diverse

8. Noise Levels

While the area can be lively, especially during weekends, the tower is designed for sound insulation, minimizing disturbance from outside noise.

Generally Tolerable

9. Pet Friendliness

The building has some pet policies in place, which allow for smaller pets but may have restrictions on larger breeds, making it moderately pet-friendly.

Moderately Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (4Beds)
Rent
241.3K AED
apartment (4Beds)
Sale
2.8M AED

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Buy: 2.2M AED - 4.4M AED

Rent: 16K AED - 1.3M AED

Developer: Gulf General Investments Company (GGICO)

Building Type: Residential

Building Age: 18 years(completed in 2006)

Length: 162

Unit Types : 4-bedroom flats and duplexes

Floors: 45

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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Avg Price for rent: 120.9K AED

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