1301, Torch Tower
Sold prices and rental history: sold 3 times, last in May 2012, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, Torch Tower
What is 1301 worth today?
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Source: Dubai Land Department. Updated 27 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 13th of 84
- Parking
- P3-8
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 750K · May 2012
- Building
- Torch Tower
About 1301, Torch Tower
1301 is a one-bedroom apartment of 978 sqft on the 13th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 15 May 2012 for AED 750,000, or AED 766 per sqft, 14% below the AED 892 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 27 September 2024, is AED 100,000 a year: a gross yield of 13.3% on the 2012 price, before the service charge of about AED 20,700 a year.
Sales and rents for 1301 over time
1301 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 1301 sits
All 220 1-beds →1301 last sold in May 2012 at AED 766 per sqft, 14% below what one-beds in Torch Tower were fetching at the time (AED 892). 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. 1301's AED 100,000 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 13th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 1-bed | 978 sqft | AED 1.07MAED 1,066,830 · Apr 2009April 2009 | 80,325 /yr | |
| 1303 | 2-bed | 1,198 sqft | AED 1.23MAED 1,227,732 · Oct 2013October 2013 | ||
| 1304 | 1-bed | 887 sqft | AED 1.07MAED 1,066,830 · May 2009May 2009 | 55,000 /yr | |
| 1305 | 1-bed | 887 sqft | AED 1.05MAED 1,050,000 · Aug 2026August 2026 | 85,000 /yr | |
| 1306 | 2-bed | 1,198 sqft | AED 1.09MAED 1,085,837 · Mar 2012March 2012 | 100,000 /yr | |
| 1307 | 1-bed | 978 sqft | AED 819KAED 818,570 · Mar 2012March 2012 | 70,000 /yr | |
| 1308 | 1-bed | 978 sqft | AED 1.5MAED 1,500,000 · Apr 2014April 2014 | 95,000 /yr | |
| 1309 | 2-bed | 1,198 sqft | AED 935KAED 935,342 · Apr 2021April 2021 | 60,000 /yr | |
| 1310 | 1-bed | 887 sqft | AED 1.5MAED 1,500,000 · Mar 2024March 2024 | 105,000 /yr | |
| 1311 | 1-bed | 887 sqft | AED 1.07MAED 1,066,830 · Apr 2009April 2009 | 75,000 /yr | |
| 1312 | 2-bed | 1,198 sqft | AED 1.8MAED 1,800,000 · Oct 2023October 2023 | 105,000 /yr |
1301, Torch Tower in numbers
- Sold 3 times: first on 23 March 2009 for AED 744,804, last on 15 May 2012 for AED 750,000 (AED 766 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 58,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2012 price is 13.3%, 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 27 September 2024.
Questions about 1301, Torch Tower
What did unit 1301 last sell for?
AED 750,000 on 15 May 2012: AED 766 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 744,804 in March 2009.
What is the rent for unit 1301?
AED 100,000 a year on the contract signed on 27 September 2024. The previous contract, from September 2024, was AED 100,000; the unit has been rented since July 2020.
How big is unit 1301?
978 sqft (90.9 sqm): a one-bedroom apartment on the 13th floor of a 84-storey tower completed in 2011.
What is unit 1301 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 1301, Torch Tower
Starts from the last sale price (AED 750K, 15 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →