1603, Torch Tower
Sold prices and rental history: sold 3 times, last in June 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Torch Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 27 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 16th of 84
- Parking
- P3-46
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 750K · June 2016
- Building
- Torch Tower
About 1603, Torch Tower
1603 is a two-bedroom apartment of 1,198 sqft on the 16th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 6 June 2016 for AED 750,000, or AED 625 per sqft, 48% below the AED 1,211 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 27 July 2026, is AED 130,000 a year: a gross yield of 17.3% on the 2016 price, before the service charge of about AED 25,400 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 404 2-beds →1603 last sold in June 2016 at AED 625 per sqft, 48% below what two-beds in Torch Tower were fetching at the time (AED 1,211). 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. 1603's AED 130,000 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 16th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 978 sqft | AED 751KAED 751,200 · Dec 2011December 2011 | 65,000 /yr | |
| 1602 | 1-bed | 978 sqft | AED 1.32MAED 1,320,000 · Feb 2026February 2026 | 90,249 /yr | |
| 1604 | 1-bed | 887 sqft | AED 1.1MAED 1,100,000 · Feb 2023February 2023 | 82,000 /yr | |
| 1605 | 1-bed | 887 sqft | AED 800KAED 800,000 · May 2022May 2022 | 55,000 /yr | |
| 1606 | 2-bed | 1,198 sqft | AED 1.03MAED 1,030,000 · Aug 2021August 2021 | 152,000 /yr | |
| 1607 | 1-bed | 978 sqft | AED 1.15MAED 1,150,091 · Mar 2009March 2009 | 82,770 /yr | |
| 1608 | 1-bed | 978 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | 85,000 /yr | |
| 1609 | 2-bed | 1,198 sqft | AED 1.2MAED 1,200,000 · Sep 2022September 2022 | 130,000 /yr | |
| 1610 | 1-bed | 887 sqft | AED 782KAED 781,548 · Apr 2012April 2012 | 90,000 /yr | |
| 1611 | 1-bed | 887 sqft | AED 978KAED 977,809 · Jul 2013July 2013 | 72,000 /yr | |
| 1612 | 2-bed | 1,198 sqft | AED 1.11MAED 1,110,000 · Sep 2012September 2012 | 135,000 /yr |
1603, Torch Tower in numbers
- Sold 3 times: first on 20 September 2012 for AED 1,099,048, last on 6 June 2016 for AED 750,000 (AED 625 per sqft).
- Rented since August 2013 on 2 Ejari contracts, from AED 100,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2016 price is 17.3%, 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 27 July 2026.
Questions about 1603, Torch Tower
What did unit 1603 last sell for?
AED 750,000 on 6 June 2016: AED 625 per sqft for 1,198 sqft. The unit has 3 registered sales; the first was AED 1,099,048 in September 2012.
What is the rent for unit 1603?
AED 130,000 a year on the contract signed on 27 July 2026. The previous contract, from August 2013, was AED 100,000.
How big is unit 1603?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 16th floor of a 84-storey tower completed in 2011.
What is unit 1603 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 1603, Torch Tower
Starts from the last sale price (AED 750K, 6 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →