1-bed · 978 sqftTorch Tower, Dubai Marina · 12th floor · completed 2011

1207, Torch Tower

Sold prices and rental history: sold 3 times, last in October 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 1 December 2015
Last soldAED 1.01M17 October 2012
Current rentAED 90K /yr1 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Torch Tower

What is 1207 worth today?

Last sold for AED 1,011,436 in 2012

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1 Dec 2015RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
1 Nov 2013RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
17 Oct 2012SoldReady
AED 1,011,436AED 1,034 per sqft
1 Oct 2012SoldReady
AED 996,422AED 1,018 per sqft
4 May 2009Sold by developerOff-plan
AED 1,110,987AED 1,135 per sqft

Source: Dubai Land Department. Updated 1 December 2015.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
12th of 84
Parking
P3-4
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.01M · October 2012
Building
Torch Tower

About 1207, Torch Tower

1207 is a one-bedroom apartment of 978 sqft on the 12th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 17 October 2012 for AED 1,011,436, or AED 1,034 per sqft, 14% above the AED 906 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 December 2015, is AED 90,000 a year: a gross yield of 8.9% on the 2012 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical one-bed in Torch Tower
500K1M2009201420192024Typical 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 2009: AED 1,110,987 (AED 1,135 per sqft)Sold, October 2012: AED 1,011,436 (AED 1,034 per sqft)Sold, October 2012: AED 996,422 (AED 1,018 per sqft)

1207 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, 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, November 2013: AED 85,000 a yearNew contract, December 2015: AED 90,000 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 1207 sits

All 220 1-beds →

1207 last sold in October 2012 at AED 1,034 per sqft, 14% above what one-beds in Torch Tower were fetching at the time (AED 906). 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. 1207's AED 90,000 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 12th floor

All 675 units in Torch Tower
Value
12011-bedAED 719K · Apr 2012
12021-bedAED 1.06M · May 2009
12032-bedAED 1M · Dec 2011
12041-bedAED 1.1M · Aug 2026
12051-bedAED 885K · Apr 2013
12062-bedAED 1.53M · Jun 2013
12081-bedAED 1.14M · Apr 2010
1–7 of 11

1207, Torch Tower in numbers

  • Sold 3 times: first on 4 May 2009 for AED 1,110,987, last on 17 October 2012 for AED 1,011,436 (AED 1,034 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2012 price is 8.9%, 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 1 December 2015.

Questions about 1207, Torch Tower

What did unit 1207 last sell for?

AED 1,011,436 on 17 October 2012: AED 1,034 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,110,987 in May 2009.

What is the rent for unit 1207?

AED 90,000 a year on the contract signed on 1 December 2015. The previous contract, from November 2013, was AED 85,000.

How big is unit 1207?

978 sqft (90.9 sqm): a one-bedroom apartment on the 12th floor of a 84-storey tower completed in 2011.

What is unit 1207 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 1207, Torch Tower

Starts from the last sale price (AED 1.01M, 17 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,011,436
Deposit, UAE resident (20%)
AED 202,287
Deposit, non-resident (40%)
AED 404,574
Monthly over 25 years at 3.7%
AED 4,138

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