Home
Dubai prices
About
Blog
1-bed · 978 sqftTorch Tower, Dubai Marina · 15th floor · completed 2011

1507, Torch Tower

Sold prices and rental history: sold twice, last in October 2013, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 3 October 2013
Last soldAED 1.45M3 October 2013
Current rentAED 85K /yr9 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1507

Property timeline for 1507, Torch Tower

What is 1507 worth today?

Last sold for AED 1,453,683 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Oct 2013SoldReady
AED 1,453,683AED 1,486 per sqft
9 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
3 Feb 2010Sold by developerOff-plan
AED 1,453,683AED 1,486 per sqft

Source: Dubai Land Department. Updated 3 October 2013.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
15th of 84
Parking
P3-38
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.45M · October 2013
Building
Torch Tower

About 1507, Torch Tower

1507 is a one-bedroom apartment of 978 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 October 2013 for AED 1,453,683, or AED 1,486 per sqft, 27% above the AED 1,167 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 July 2013. The current contract, signed on 9 July 2013, is AED 85,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical one-bed in Torch Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,077,057; 2010 AED 882,795; 2011 AED 805,052; 2012 AED 828,563; 2013 AED 1,122,500; 2014 AED 1,292,778; 2015 AED 1,172,956; 2016 AED 1,160,000; 2017 AED 1,220,000; 2018 AED 900,000; 2019 AED 776,500; 2020 AED 595,000; 2021 AED 700,000; 2022 AED 910,000; 2023 AED 1,045,000; 2024 AED 1,300,000; 2025 AED 1,255,000; 2026 AED 1,320,000Sold by developer, February 2010: AED 1,453,683 (AED 1,486 per sqft)Sold, October 2013: AED 1,453,683 (AED 1,486 per sqft)

1507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Torch Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 77,000; 2014 AED 89,250; 2015 AED 95,000; 2016 AED 94,048; 2017 AED 85,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 55,000; 2022 AED 63,800; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 84,000New contract, July 2013: AED 85,000 a year

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 1507 sits

All 220 1-beds →

1507 last sold in October 2013 at AED 1,486 per sqft, 27% above what one-beds in Torch Tower were fetching at the time (AED 1,167). 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. 1507's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,450,000
13 Aug 20261,050,000
7 Aug 20261,100,000
9 Jul 20261,304,288
12 1-bed sales in the last 12 months

Torch Tower

Building

675 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%
Torch Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 675 units in Torch Tower
Value
15011-bedAED 1.55M · Oct 2025
15021-bedAED 1.3M · Aug 2025
15032-bedAED 1.79M · Mar 2026
15041-bedAED 1.27M · Jun 2024
15051-bedAED 825K · Sep 2018
15062-bedAED 1.61M · May 2009
15081-bedAED 680K · Feb 2021
1–7 of 11

1507, Torch Tower in numbers

  • Sold twice: first on 3 February 2010 for AED 1,453,683, last on 3 October 2013 for AED 1,453,683 (AED 1,486 per sqft).
  • Rented since July 2013 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 5.9%, 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 3 October 2013.

Questions about 1507, Torch Tower

What did unit 1507 last sell for?

AED 1,453,683 on 3 October 2013: AED 1,486 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 1,453,683 in February 2010.

What is the rent for unit 1507?

AED 85,000 a year on the contract signed on 9 July 2013.

How big is unit 1507?

978 sqft (90.9 sqm): a one-bedroom apartment on the 15th floor of a 84-storey tower completed in 2011.

What is unit 1507 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.

Selling 1507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1507, Torch Tower

Starts from the last sale price (AED 1.45M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,453,683
Deposit, UAE resident (20%)
AED 290,737
Deposit, non-resident (40%)
AED 581,473
Monthly over 25 years at 3.7%
AED 5,947

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →