1504, Torch Tower
Sold prices and rental history: sold 4 times, last in June 2024, 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 1504, Torch Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 3 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 887 sqft
- Floor
- 15th of 84
- Parking
- P3-35
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.27M · June 2024
- Building
- Torch Tower
About 1504, Torch Tower
1504 is a one-bedroom apartment of 887 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 3 June 2024 for AED 1,270,000, or AED 1,432 per sqft, 10% above the AED 1,296 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 20 January 2020, is AED 60,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 220 1-beds →1504 last sold in June 2024 at AED 1,432 per sqft, 10% above what one-beds in Torch Tower were fetching at the time (AED 1,296). 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. 1504's AED 60,000 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 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 | |
| 1503 | 2-bed | 1,198 sqft | AED 1.79MAED 1,790,000 · Mar 2026March 2026 | 115,500 /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 |
1504, Torch Tower in numbers
- Sold 4 times: first on 29 November 2011 for AED 977,900, last on 3 June 2024 for AED 1,270,000 (AED 1,432 per sqft).
- Rented since September 2014 on 4 Ejari contracts, from AED 90,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 4.7%, 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 3 June 2024.
Questions about 1504, Torch Tower
What did unit 1504 last sell for?
AED 1,270,000 on 3 June 2024: AED 1,432 per sqft for 887 sqft. The unit has 4 registered sales; the first was AED 977,900 in November 2011.
What is the rent for unit 1504?
AED 60,000 a year on the contract renewed on 20 January 2020. The previous contract, from January 2019, was AED 60,000; the unit has been rented since September 2014.
How big is unit 1504?
887 sqft (82.4 sqm): a one-bedroom apartment on the 15th floor of a 84-storey tower completed in 2011.
What is unit 1504 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 1504, Torch Tower
Starts from the last sale price (AED 1.27M, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,270,000
- Deposit, UAE resident (20%)
- AED 254,000
- Deposit, non-resident (40%)
- AED 508,000
- Monthly over 25 years at 3.7%
- AED 5,196
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →