1312, Torch Tower
Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1312, Torch Tower
What is 1312 worth today?
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Source: Dubai Land Department. Updated 6 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 13th of 84
- Parking
- P3-19
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.8M · October 2023
- Building
- Torch Tower
About 1312, Torch Tower
1312 is a two-bedroom apartment of 1,198 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 6 October 2023 for AED 1,800,000, or AED 1,501 per sqft, 33% above the AED 1,132 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 21 December 2021, is AED 105,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 25,400 a year.
Sales and rents for 1312 over time
1312 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 1312 sits
All 404 2-beds →1312 last sold in October 2023 at AED 1,501 per sqft, 33% above what two-beds in Torch Tower were fetching at the time (AED 1,132). 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. 1312's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 19 Oct 202619 October 2026 | 1,198 sqft | 1,790,000 | 1,493 | ||
| 7 Oct 20267 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 23 Sep 202623 September 2026 | 1,258 sqft | 1,700,000 | 1,350 |
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 | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 978 sqft | AED 750KAED 750,000 · May 2012May 2012 | 100,000 /yr | |
| 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, Torch Tower in numbers
- Sold 5 times: first on 30 April 2009 for AED 1,007,516, last on 6 October 2023 for AED 1,800,000 (AED 1,501 per sqft).
- Rented since November 2014 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2020 and recovered to AED 105,000 by December 2021.
- At AED 105,000 a year the gross yield on the 2023 price is 5.8%, 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 6 October 2023.
Questions about 1312, Torch Tower
What did unit 1312 last sell for?
AED 1,800,000 on 6 October 2023: AED 1,501 per sqft for 1,198 sqft. The unit has 5 registered sales; the first was AED 1,007,516 in April 2009.
What is the rent for unit 1312?
AED 105,000 a year on the contract signed on 21 December 2021. The previous contract, from March 2020, was AED 90,000; the unit has been rented since November 2014.
How big is unit 1312?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 13th floor of a 84-storey tower completed in 2011.
What is unit 1312 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 1312, Torch Tower
Starts from the last sale price (AED 1.8M, 6 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →