1002, Torch Tower
Sold prices and rental history: sold 3 times, last in April 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Torch Tower
What is 1002 worth today?
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Source: Dubai Land Department. Updated 21 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 10th of 84
- Parking
- P4-67
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 913K · April 2023
- Building
- Torch Tower
About 1002, Torch Tower
1002 is a one-bedroom apartment of 978 sqft on the 10th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 27 April 2023 for AED 913,043, or AED 933 per sqft, in line with the AED 945 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 21 November 2024, is AED 115,000 a year: a gross yield of 12.6% on the 2023 price, before the service charge of about AED 20,700 a year.
Sales and rents for 1002 over time
1002 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Torch Tower, and where 1002 sits
All 220 1-beds →1002 last sold in April 2023 at AED 933 per sqft, in line with what one-beds in Torch Tower were fetching at the time (AED 945). Over the last 12 months one-beds sold for AED 175,586 to 1,500,000, around AED 1,476 per sqft, and rent for AED 22,500 to 135,000 a year. 1002's AED 115,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 978 sqft | 1,450,000 | 1,482 | ||
| 13 Aug 202613 August 2026 | 887 sqft | 1,050,000 | 1,184 | ||
| 7 Aug 20267 August 2026 | 887 sqft | 1,100,000 | 1,240 | ||
| 9 Jul 20269 July 2026 | 887 sqft | 1,304,288 | 1,470 |
Torch Tower
Building675 apartments, 1-bed to 4-bed over 84 floors in Dubai Marina, completed in 2011 by Torch Select. 41 sold in the last 12 months.
- Typical price per sqft
- AED 1,493 Up 9.9%
- Typical sale
- AED 1.79M
- Typical rent
- AED 106K /yr
- Typical yield
- 6.2%
Other units on the 10th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 978 sqft | AED 820KAED 820,000 · Apr 2023April 2023 | 110,000 /yr | |
| 1003 | 2-bed | 1,198 sqft | AED 1.01MAED 1,007,000 · Apr 2023April 2023 | ||
| 1004 | 1-bed | 887 sqft | AED 745KAED 745,000 · Apr 2023April 2023 | 110,000 /yr | |
| 1005 | 1-bed | 887 sqft | AED 1.57MAED 1,565,961 · Oct 2014October 2014 | 85,000 /yr | |
| 1006 | 2-bed | 1,198 sqft | AED 1.01MAED 1,007,000 · Apr 2023April 2023 | ||
| 1007 | 1-bed | 978 sqft | AED 760KAED 760,000 · Oct 2022October 2022 | 92,500 /yr | |
| 1008 | 1-bed | 978 sqft | AED 1.59MAED 1,585,000 · Jan 2015January 2015 | 85,000 /yr | |
| 1009 | 2-bed | 1,198 sqft | AED 1.01MAED 1,007,000 · Apr 2023April 2023 | ||
| 1010 | 1-bed | 887 sqft | AED 838KAED 838,471 · Apr 2023April 2023 | ||
| 1011 | 1-bed | 887 sqft | AED 745KAED 745,000 · Apr 2023April 2023 | 110,000 /yr | |
| 1012 | 2-bed | 1,198 sqft | AED 1.01MAED 1,007,000 · Apr 2023April 2023 |
1002, Torch Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 780,153, last on 27 April 2023 for AED 913,043 (AED 933 per sqft).
- Rented since November 2024 on 2 Ejari contracts, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 12.6%, before a service charge of about AED 20,700 a year (AED 21.19 per sqft).
- One-beds in Torch Tower sold for AED 175,586–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,493 per sqft.
Source: Dubai Land Department. Updated 21 November 2024.
Questions about 1002, Torch Tower
What did unit 1002 last sell for?
AED 913,043 on 27 April 2023: AED 933 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 780,153 in July 2009.
What is the rent for unit 1002?
AED 115,000 a year on the contract signed on 21 November 2024. The previous contract, from November 2024, was AED 115,000.
How big is unit 1002?
978 sqft (90.9 sqm): a one-bedroom apartment on the 10th floor of a 84-storey tower completed in 2011.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Torch Tower sold for AED 175,586 to 1,500,000 in the last 12 months, around AED 1,476 per sqft.
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Mortgage on 1002, Torch Tower
Starts from the last sale price (AED 913K, 27 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 913,043
- Deposit, UAE resident (20%)
- AED 182,609
- Deposit, non-resident (40%)
- AED 365,217
- Monthly over 25 years at 3.7%
- AED 3,736
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →