1503, Torch Tower
Sold prices and rental history: sold 3 times, last in March 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Torch Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 31 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 15th of 84
- Parking
- P3-34
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.79M · March 2026
- Building
- Torch Tower
About 1503, Torch Tower
1503 is a two-bedroom apartment of 1,198 sqft on the 15th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 31 March 2026 for AED 1,790,000, or AED 1,493 per sqft, in line with the AED 1,470 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 20 April 2023, is AED 115,500 a year: a gross yield of 6.5% on the 2026 price, before the service charge of about AED 25,400 a year.
Sales and rents for 1503 over time
1503 has sold 3 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 1503 sits
All 404 2-beds →1503 last sold in March 2026 at AED 1,493 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 1,470). 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. 1503's AED 115,500 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 15th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 978 sqft | AED 1.55MAED 1,550,000 · Oct 2025October 2025 | 97,681 /yr | |
| 1502 | 1-bed | 978 sqft | AED 1.3MAED 1,300,000 · Aug 2025August 2025 | 75,750 /yr | |
| 1504 | 1-bed | 887 sqft | AED 1.27MAED 1,270,000 · Jun 2024June 2024 | 60,000 /yr | |
| 1505 | 1-bed | 887 sqft | AED 825KAED 825,000 · Sep 2018September 2018 | 68,000 /yr | |
| 1506 | 2-bed | 1,198 sqft | AED 1.61MAED 1,606,874 · May 2009May 2009 | 121,500 /yr | |
| 1507 | 1-bed | 978 sqft | AED 1.45MAED 1,453,683 · Oct 2013October 2013 | 85,000 /yr | |
| 1508 | 1-bed | 978 sqft | AED 680KAED 680,000 · Feb 2021February 2021 | 100,000 /yr | |
| 1509 | 2-bed | 1,198 sqft | AED 1.49MAED 1,490,000 · Jan 2024January 2024 | 245,000 /yr | |
| 1510 | 1-bed | 887 sqft | AED 1.33MAED 1,325,000 · Oct 2024October 2024 | 90,000 /yr | |
| 1511 | 1-bed | 887 sqft | AED 720KAED 720,000 · Apr 2022April 2022 | 105,000 /yr | |
| 1512 | 2-bed | 1,198 sqft | AED 1.1MAED 1,100,000 · May 2018May 2018 | 107,000 /yr |
1503, Torch Tower in numbers
- Sold 3 times: first on 26 April 2009 for AED 1,262,843, last on 31 March 2026 for AED 1,790,000 (AED 1,493 per sqft).
- Rented since November 2012 on 6 Ejari contracts, from AED 102,000 to AED 115,500 a year.
- At AED 115,500 a year the gross yield on the 2026 price is 6.5%, 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 31 March 2026.
Questions about 1503, Torch Tower
What did unit 1503 last sell for?
AED 1,790,000 on 31 March 2026: AED 1,493 per sqft for 1,198 sqft. The unit has 3 registered sales; the first was AED 1,262,843 in April 2009.
What is the rent for unit 1503?
AED 115,500 a year on the contract signed on 20 April 2023. The previous contract, from April 2022, was AED 110,000; the unit has been rented since November 2012.
How big is unit 1503?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 15th floor of a 84-storey tower completed in 2011.
What is unit 1503 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 1503, Torch Tower
Starts from the last sale price (AED 1.79M, 31 March 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,790,000
- Deposit, UAE resident (20%)
- AED 358,000
- Deposit, non-resident (40%)
- AED 716,000
- Monthly over 25 years at 3.7%
- AED 7,323
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →