1-bed · 978 sqftTorch Tower, Dubai Marina · 11th floor · completed 2011

1108, Torch Tower

Sold prices and rental history: sold 3 times, last in January 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 647K17 January 2016
Current rentAED 85K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Torch Tower

What is 1108 worth today?

Last sold for AED 646,653 in 2016

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15 Aug 2024RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
15 Aug 2024RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
15 Aug 2023RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
15 Aug 2022RentedRenewal
AED 64,000/yr12 months · AED 65 per sqft
15 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
1 Aug 2020RentedNew contract
AED 54,000/yr12 months · AED 55 per sqft
13 May 2018RentedNew contract
AED 74,799/yr12 months · AED 76 per sqft
17 Jan 2016SoldReady
AED 646,653AED 661 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
11th of 84
Parking
P4-59
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 647K · January 2016
Building
Torch Tower

About 1108, Torch Tower

1108 is a one-bedroom apartment of 978 sqft on the 11th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 17 January 2016 for AED 646,653, or AED 661 per sqft, 46% below the AED 1,224 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 85,000 a year: a gross yield of 13.1% on the 2016 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Torch Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,077,057; 2010 AED 882,795; 2011 AED 805,052; 2012 AED 828,563; 2013 AED 1,122,500; 2014 AED 1,292,778; 2015 AED 1,172,956; 2016 AED 1,160,000; 2017 AED 1,220,000; 2018 AED 900,000; 2019 AED 776,500; 2020 AED 595,000; 2021 AED 700,000; 2022 AED 910,000; 2023 AED 1,045,000; 2024 AED 1,300,000; 2025 AED 1,255,000; 2026 AED 1,320,000Sold by developer, May 2012: AED 1,139,650 (AED 1,165 per sqft)Sold, December 2014: AED 1,532,750 (AED 1,567 per sqft)Sold, January 2016: AED 646,653 (AED 661 per sqft)

1108 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, each contractTypical one-bed in Torch Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 77,000; 2014 AED 89,250; 2015 AED 95,000; 2016 AED 94,048; 2017 AED 85,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 55,000; 2022 AED 63,800; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 84,000New contract, January 2013: AED 85,000 a yearNew contract, January 2014: AED 85,000 a yearNew contract, May 2018: AED 74,799 a yearNew contract, August 2020: AED 54,000 a yearNew contract, August 2021: AED 60,000 a yearRenewal, August 2022: AED 64,000 a yearRenewal, August 2023: AED 85,000 a yearRenewal, August 2024: AED 85,000 a yearRenewal, August 2024: AED 85,000 a year

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 1108 sits

All 220 1-beds →

1108 last sold in January 2016 at AED 661 per sqft, 46% below what one-beds in Torch Tower were fetching at the time (AED 1,224). 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. 1108's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,450,000
13 Aug 20261,050,000
7 Aug 20261,100,000
9 Jul 20261,304,288
12 1-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 11th floor

All 675 units in Torch Tower
Value
11011-bedAED 1.05M · Jul 2022
11021-bedAED 1.75M · Jul 2024
11032-bedAED 1.58M · Aug 2026
11041-bedAED 1.39M · May 2024
11051-bedAED 1.08M · Feb 2024
11062-bedAED 1.6M · Feb 2014
11071-bedAED 1.25M · Dec 2015
1–7 of 11

1108, Torch Tower in numbers

  • Sold 3 times: first on 31 May 2012 for AED 1,139,650, last on 17 January 2016 for AED 646,653 (AED 661 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 54,000 in 2020 and recovered to AED 85,000 by August 2024.
  • At AED 85,000 a year the gross yield on the 2016 price is 13.1%, 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 15 August 2024.

Questions about 1108, Torch Tower

What did unit 1108 last sell for?

AED 646,653 on 17 January 2016: AED 661 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,139,650 in May 2012.

What is the rent for unit 1108?

AED 85,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2024, was AED 85,000; the unit has been rented since January 2013.

How big is unit 1108?

978 sqft (90.9 sqm): a one-bedroom apartment on the 11th floor of a 84-storey tower completed in 2011.

What is unit 1108 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 1108, Torch Tower

Starts from the last sale price (AED 647K, 17 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 646,653
Deposit, UAE resident (20%)
AED 129,331
Deposit, non-resident (40%)
AED 258,661
Monthly over 25 years at 3.7%
AED 2,646

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