2-bed · 1,198 sqftTorch Tower, Dubai Marina · 11th floor · completed 2011

1109, Torch Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 1.55M8 March 2024
Current rentAED 80K /yr19 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Torch Tower

What is 1109 worth today?

Last sold for AED 1,550,000 in 2024

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8 Mar 2024SoldReady
AED 1,550,000AED 1,293 per sqft
19 Jul 2023RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
19 Jul 2022RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
19 Jul 2021RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
19 Jul 2020RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
1 Jan 2019RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
25 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
10 Nov 2013RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 8 March 2024.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
11th of 84
Parking
P4-60
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 1.55M · March 2024
Building
Torch Tower

About 1109, Torch Tower

1109 is a two-bedroom apartment of 1,198 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 8 March 2024 for AED 1,550,000, or AED 1,293 per sqft, 5% above the AED 1,231 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 19 July 2023, is AED 80,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 25,400 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, 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, April 2009: AED 1,690,091 (AED 1,410 per sqft)Sold, March 2024: AED 1,550,000 (AED 1,293 per sqft)

1109 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, each contractTypical two-bed in Torch Tower
50K100K2012201620202024Typical 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 115,500New contract, November 2013: AED 120,000 a yearNew contract, February 2018: AED 85,000 a yearNew contract, January 2019: AED 80,000 a yearNew contract, July 2020: AED 60,000 a yearRenewal, July 2021: AED 60,000 a yearRenewal, July 2022: AED 70,000 a yearRenewal, July 2023: AED 80,000 a year

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 1109 sits

All 404 2-beds →

1109 last sold in March 2024 at AED 1,293 per sqft, 5% above what two-beds in Torch Tower were fetching at the time (AED 1,231). 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. 1109's AED 80,000 is in the lower half of that range.

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 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

1109, Torch Tower in numbers

  • Sold twice: first on 30 April 2009 for AED 1,690,091, last on 8 March 2024 for AED 1,550,000 (AED 1,293 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2021 and recovered to AED 80,000 by July 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 25,400 a year (AED 21.19 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 8 March 2024.

Questions about 1109, Torch Tower

What did unit 1109 last sell for?

AED 1,550,000 on 8 March 2024: AED 1,293 per sqft for 1,198 sqft. The unit has 2 registered sales; the first was AED 1,690,091 in April 2009.

What is the rent for unit 1109?

AED 80,000 a year on the contract renewed on 19 July 2023. The previous contract, from July 2022, was AED 70,000; the unit has been rented since November 2013.

How big is unit 1109?

1,198 sqft (111.3 sqm): a two-bedroom apartment on the 11th floor of a 84-storey tower completed in 2011.

What is unit 1109 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 1109, Torch Tower

Starts from the last sale price (AED 1.55M, 8 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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