1509, Torch Tower
Sold prices and rental history: sold twice, last in January 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 1509, Torch Tower
What is 1509 worth today?
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Source: Dubai Land Department. Updated 26 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 15th of 84
- Parking
- P3-40
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.49M · January 2024
- Building
- Torch Tower
About 1509, Torch Tower
1509 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 22 January 2024 for AED 1,490,000, or AED 1,243 per sqft, 4% above the AED 1,191 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 14 Ejari contracts. The current contract, renewed on 26 April 2026, is AED 245,000 a year: a gross yield of 16.4% on the 2024 price, before the service charge of about AED 25,400 a year.
Sales and rents for 1509 over time
1509 has sold twice; 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 1509 sits
All 404 2-beds →1509 last sold in January 2024 at AED 1,243 per sqft, 4% above what two-beds in Torch Tower were fetching at the time (AED 1,191). 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. 1509's AED 245,000 is at the top 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 | |
| 1503 | 2-bed | 1,198 sqft | AED 1.79MAED 1,790,000 · Mar 2026March 2026 | 115,500 /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 | |
| 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 |
1509, Torch Tower in numbers
- Sold twice: first on 26 April 2009 for AED 1,535,982, last on 22 January 2024 for AED 1,490,000 (AED 1,243 per sqft).
- Rented since August 2016 on 14 Ejari contracts. The rent fell from AED 109,412 to AED 55,000 in 2021 and recovered to AED 245,000 by April 2026.
- At AED 245,000 a year the gross yield on the 2024 price is 16.4%, 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 26 April 2026.
Questions about 1509, Torch Tower
What did unit 1509 last sell for?
AED 1,490,000 on 22 January 2024: AED 1,243 per sqft for 1,198 sqft. The unit has 2 registered sales; the first was AED 1,535,982 in April 2009.
What is the rent for unit 1509?
AED 245,000 a year on the contract renewed on 26 April 2026. The previous contract, from February 2026, was AED 145,000; the unit has been rented since August 2016.
How big is unit 1509?
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 1509 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 1509, Torch Tower
Starts from the last sale price (AED 1.49M, 22 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,490,000
- Deposit, UAE resident (20%)
- AED 298,000
- Deposit, non-resident (40%)
- AED 596,000
- Monthly over 25 years at 3.7%
- AED 6,096
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →