1401, Torch Tower
Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Torch Tower
What is 1401 worth today?
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Source: Dubai Land Department. Updated 31 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 14th of 84
- Parking
- P3-20
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.2M · July 2024
- Building
- Torch Tower
About 1401, Torch Tower
1401 is a one-bedroom apartment of 978 sqft on the 14th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 31 July 2024 for AED 1,200,000, or AED 1,226 per sqft, 10% below the AED 1,364 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 24 November 2023, is AED 70,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 20,700 a year.
Sales and rents for 1401 over time
1401 has sold 4 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 1401 sits
All 220 1-beds →1401 last sold in July 2024 at AED 1,226 per sqft, 10% below what one-beds in Torch Tower were fetching at the time (AED 1,364). 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. 1401's AED 70,000 is in the lower 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 14th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 1-bed | 978 sqft | AED 752KAED 751,944 · Dec 2012December 2012 | 82,059 /yr | |
| 1403 | 2-bed | 1,198 sqft | AED 1.08MAED 1,078,607 · Jan 2019January 2019 | 115,000 /yr | |
| 1404 | 1-bed | 887 sqft | AED 530KAED 530,000 · Dec 2020December 2020 | 75,000 /yr | |
| 1405 | 1-bed | 887 sqft | AED 1.12MAED 1,120,000 · Nov 2024November 2024 | 92,000 /yr | |
| 1406 | 2-bed | 1,198 sqft | AED 1.49MAED 1,485,000 · Jun 2016June 2016 | 130,000 /yr | |
| 1407 | 1-bed | 978 sqft | AED 826KAED 825,710 · Mar 2012March 2012 | 80,000 /yr | |
| 1408 | 1-bed | 978 sqft | AED 1.35MAED 1,350,000 · Feb 2024February 2024 | 85,000 /yr | |
| 1409 | 2-bed | 1,198 sqft | AED 970KAED 970,000 · Jul 2019July 2019 | 106,000 /yr | |
| 1410 | 1-bed | 887 sqft | AED 1.08MAED 1,077,057 · May 2009May 2009 | 80,650 /yr | |
| 1411 | 1-bed | 887 sqft | AED 1.23MAED 1,225,000 · Jul 2025July 2025 | 27,100 /yr | |
| 1412 | 2-bed | 1,198 sqft | AED 1.04MAED 1,044,437 · Oct 2011October 2011 | 105,000 /yr |
1401, Torch Tower in numbers
- Sold 4 times: first on 4 May 2009 for AED 1,077,057, last on 31 July 2024 for AED 1,200,000 (AED 1,226 per sqft).
- Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 55,000 in 2020 and recovered to AED 70,000 by November 2023.
- At AED 70,000 a year the gross yield on the 2024 price is 5.8%, 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 31 July 2024.
Questions about 1401, Torch Tower
What did unit 1401 last sell for?
AED 1,200,000 on 31 July 2024: AED 1,226 per sqft for 978 sqft. The unit has 4 registered sales; the first was AED 1,077,057 in May 2009.
What is the rent for unit 1401?
AED 70,000 a year on the contract renewed on 24 November 2023. The previous contract, from November 2022, was AED 64,500; the unit has been rented since November 2013.
How big is unit 1401?
978 sqft (90.9 sqm): a one-bedroom apartment on the 14th floor of a 84-storey tower completed in 2011.
What is unit 1401 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 1401, Torch Tower
Starts from the last sale price (AED 1.2M, 31 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →