1408, Torch Tower
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Torch Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 13 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 14th of 84
- Parking
- P3-27
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.35M · February 2024
- Building
- Torch Tower
About 1408, Torch Tower
1408 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 13 February 2024 for AED 1,350,000, or AED 1,380 per sqft, 13% above the AED 1,217 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 7 July 2023, is AED 85,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 20,700 a year.
Sales and rents for 1408 over time
1408 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 1408 sits
All 220 1-beds →1408 last sold in February 2024 at AED 1,380 per sqft, 13% above what one-beds in Torch Tower were fetching at the time (AED 1,217). 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. 1408's AED 85,000 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 14th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 978 sqft | AED 1.2MAED 1,200,000 · Jul 2024July 2024 | 70,000 /yr | |
| 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 | |
| 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 |
1408, Torch Tower in numbers
- Sold 3 times: first on 4 May 2009 for AED 1,334,277, last on 13 February 2024 for AED 1,350,000 (AED 1,380 per sqft).
- Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2020 and recovered to AED 85,000 by July 2023.
- At AED 85,000 a year the gross yield on the 2024 price is 6.3%, 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 13 February 2024.
Questions about 1408, Torch Tower
What did unit 1408 last sell for?
AED 1,350,000 on 13 February 2024: AED 1,380 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,334,277 in May 2009.
What is the rent for unit 1408?
AED 85,000 a year on the contract signed on 7 July 2023. The previous contract, from September 2021, was AED 55,000; the unit has been rented since August 2016.
How big is unit 1408?
978 sqft (90.9 sqm): a one-bedroom apartment on the 14th floor of a 84-storey tower completed in 2011.
What is unit 1408 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 1408, Torch Tower
Starts from the last sale price (AED 1.35M, 13 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →