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2-bed · 1,198 sqftTorch Tower, Dubai Marina · 10th floor · completed 2011

1009, Torch Tower

Sold prices and rental history: sold 3 times, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 27 April 2023
Last soldAED 1.01M27 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1009, Torch Tower

What is 1009 worth today?

Last sold for AED 1,007,000 in 2023

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27 Apr 2023SoldReady
AED 1,007,000AED 840 per sqft
5 Oct 2011SoldReady
AED 1,109,153AED 925 per sqft
6 Jul 2009Sold by developerOff-plan
AED 1,109,153AED 925 per sqft

Source: Dubai Land Department. Updated 27 April 2023.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
10th of 84
Parking
P3-69
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 1.01M · April 2023
Building
Torch Tower

About 1009, Torch Tower

1009 is a two-bedroom apartment of 1,198 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 1,007,000, or AED 840 per sqft, 16% below the AED 1,001 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical two-bed in Torch Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,518,879; 2010 AED 1,143,000; 2011 AED 1,140,000; 2012 AED 1,152,983; 2013 AED 1,477,623; 2014 AED 1,797,500; 2015 AED 1,660,000; 2016 AED 1,505,000; 2017 AED 1,250,000; 2018 AED 975,000; 2019 AED 950,000; 2020 AED 850,000; 2021 AED 1,000,000; 2022 AED 1,250,000; 2023 AED 1,450,000; 2024 AED 1,650,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, July 2009: AED 1,109,153 (AED 925 per sqft)Sold, October 2011: AED 1,109,153 (AED 925 per sqft)Sold, April 2023: AED 1,007,000 (AED 840 per sqft)

1009 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1009, each contractTypical two-bed in Torch Tower
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 110,000; 2018 AED 85,500; 2019 AED 78,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 80,000; 2023 AED 99,000; 2024 AED 118,000; 2025 AED 120,000; 2026 AED 115,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Torch Tower, and where 1009 sits

All 404 2-beds →

1009 last sold in April 2023 at AED 840 per sqft, 16% below what two-beds in Torch Tower were fetching at the time (AED 1,001). Over the last 12 months two-beds sold for AED 1,500,000 to 2,300,000, around AED 1,493 per sqft, and rent for AED 70,000 to 245,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,650,000
19 Oct 20261,790,000
7 Oct 20261,650,000
23 Sep 20261,700,000
24 2-bed sales in the last 12 months

Torch Tower

Building

675 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%
Torch Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 675 units in Torch Tower
Value
10011-bedAED 820K · Apr 2023
10021-bedAED 913K · Apr 2023
10032-bedAED 1.01M · Apr 2023
10041-bedAED 745K · Apr 2023
10051-bedAED 1.57M · Oct 2014
10062-bedAED 1.01M · Apr 2023
10071-bedAED 760K · Oct 2022
1–7 of 11

1009, Torch Tower in numbers

  • Sold 3 times: first on 6 July 2009 for AED 1,109,153, last on 27 April 2023 for AED 1,007,000 (AED 840 per sqft).
  • Two-beds in Torch Tower sold for AED 1,500,000–2,300,000 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 27 April 2023.

Questions about 1009, Torch Tower

What did unit 1009 last sell for?

AED 1,007,000 on 27 April 2023: AED 840 per sqft for 1,198 sqft. The unit has 3 registered sales; the first was AED 1,109,153 in July 2009.

How big is unit 1009?

1,198 sqft (111.3 sqm): a two-bedroom apartment on the 10th floor of a 84-storey tower completed in 2011.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Torch Tower sold for AED 1,500,000 to 2,300,000 in the last 12 months, around AED 1,493 per sqft.

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Mortgage on 1009, Torch Tower

Starts from the last sale price (AED 1.01M, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,007,000
Deposit, UAE resident (20%)
AED 201,400
Deposit, non-resident (40%)
AED 402,800
Monthly over 25 years at 3.7%
AED 4,120

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →