1-bed · 887 sqftTorch Tower, Dubai Marina · 13th floor · completed 2011

1304, Torch Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 1.07M4 May 2009
Current rentAED 55K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Torch Tower

What is 1304 worth today?

Last sold for AED 1,066,830 in 2009

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1 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
26 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
20 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
29 Jun 2017RentedNew contract
AED 82,000/yr12 months · AED 93 per sqft
4 May 2009Sold by developerOff-plan
AED 1,066,830AED 1,203 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
13th of 84
Parking
P3-11
Developer
Torch Select
Completed
2011
Service charge
AED 18,800 /yr
Last sold
AED 1.07M · May 2009
Building
Torch Tower

About 1304, Torch Tower

1304 is a one-bedroom apartment of 887 sqft on the 13th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 4 May 2009 for AED 1,066,830, or AED 1,203 per sqft, 7% above the AED 1,124 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 November 2021, is AED 55,000 a year: a gross yield of 5.2% on the 2009 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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 1,066,830 (AED 1,203 per sqft)

1304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, 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, June 2017: AED 82,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, September 2019: AED 60,000 a yearNew contract, November 2021: AED 55,000 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 1304 sits

All 220 1-beds →

1304 last sold in May 2009 at AED 1,203 per sqft, 7% above what one-beds in Torch Tower were fetching at the time (AED 1,124). 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. 1304's AED 55,000 is in the lower 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 13th floor

All 675 units in Torch Tower
Value
13011-bedAED 750K · May 2012
13021-bedAED 1.07M · Apr 2009
13032-bedAED 1.23M · Oct 2013
13051-bedAED 1.05M · Aug 2026
13062-bedAED 1.09M · Mar 2012
13071-bedAED 819K · Mar 2012
13081-bedAED 1.5M · Apr 2014
1–7 of 11

1304, Torch Tower in numbers

  • Sold once: by Torch Select on 4 May 2009 for AED 1,066,830, or AED 1,203 per sqft.
  • Rented since June 2017 on 4 Ejari contracts, from AED 82,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2009 price is 5.2%, before a service charge of about AED 18,800 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 November 2021.

Questions about 1304, Torch Tower

What did unit 1304 last sell for?

AED 1,066,830 on 4 May 2009, sold by the developer: AED 1,203 per sqft for 887 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

AED 55,000 a year on the contract signed on 1 November 2021. The previous contract, from September 2019, was AED 60,000; the unit has been rented since June 2017.

How big is unit 1304?

887 sqft (82.4 sqm): a one-bedroom apartment on the 13th floor of a 84-storey tower completed in 2011.

What is unit 1304 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 1304, Torch Tower

Starts from the last sale price (AED 1.07M, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,066,830
Deposit, UAE resident (20%)
AED 213,366
Deposit, non-resident (40%)
AED 426,732
Monthly over 25 years at 3.7%
AED 4,365

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