1612, Torch Tower
Sold prices and rental history: sold 3 times, last in September 2012, 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 1612, Torch Tower
What is 1612 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 16th of 84
- Parking
- P3-55
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.11M · September 2012
- Building
- Torch Tower
About 1612, Torch Tower
1612 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 25 September 2012 for AED 1,110,000, or AED 926 per sqft, in line with the AED 926 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 135,000 a year: a gross yield of 12.2% on the 2012 price, before the service charge of about AED 25,400 a year.
Sales and rents for 1612 over time
1612 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 1612 sits
All 404 2-beds →1612 last sold in September 2012 at AED 926 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 926). 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. 1612's AED 135,000 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 | |
| 1603 | 2-bed | 1,198 sqft | AED 750KAED 750,000 · Jun 2016June 2016 | 130,000 /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, Torch Tower in numbers
- Sold 3 times: first on 11 November 2009 for AED 1,372,667, last on 25 September 2012 for AED 1,110,000 (AED 926 per sqft).
- Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 65,000 in 2020 and recovered to AED 135,000 by September 2024.
- At AED 135,000 a year the gross yield on the 2012 price is 12.2%, 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 1 September 2024.
Questions about 1612, Torch Tower
What did unit 1612 last sell for?
AED 1,110,000 on 25 September 2012: AED 926 per sqft for 1,198 sqft. The unit has 3 registered sales; the first was AED 1,372,667 in November 2009.
What is the rent for unit 1612?
AED 135,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 135,000; the unit has been rented since October 2014.
How big is unit 1612?
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 1612 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 1612, Torch Tower
Starts from the last sale price (AED 1.11M, 25 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,110,000
- Deposit, UAE resident (20%)
- AED 222,000
- Deposit, non-resident (40%)
- AED 444,000
- Monthly over 25 years at 3.7%
- AED 4,541
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →