1-bed · 875 sqftTorch Tower, Dubai Marina · 17th floor · completed 2011

1704, Torch Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 7 April 2024
Last soldAED 1.09M4 May 2009
Current rentAED 69K /yr7 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Torch Tower

What is 1704 worth today?

Last sold for AED 1,086,018 in 2009

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7 Apr 2024RentedRenewal
AED 69,458/yr12 months · AED 79 per sqft
7 Apr 2024RentedRenewal
AED 69,458/yr12 months · AED 79 per sqft
7 Apr 2023RentedRenewal
AED 66,150/yr12 months · AED 76 per sqft
7 Apr 2022RentedNew contract
AED 63,000/yr12 months · AED 72 per sqft
20 Oct 2021RentedRenewal
AED 57,000/yr12 months · AED 65 per sqft
20 Oct 2020RentedRenewal
AED 53,000/yr12 months · AED 61 per sqft
20 Oct 2019RentedRenewal
AED 65,000/yr12 months · AED 74 per sqft
20 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 7 April 2024.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
17th of 84
Parking
P3-59
Developer
Torch Select
Completed
2011
Service charge
AED 18,500 /yr
Last sold
AED 1.09M · May 2009
Building
Torch Tower

About 1704, Torch Tower

1704 is a one-bedroom apartment of 875 sqft on the 17th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 4 May 2009 for AED 1,086,018, or AED 1,241 per sqft, 10% above the AED 1,124 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 7 April 2024, is AED 69,458 a year: a gross yield of 6.4% on the 2009 price, before the service charge of about AED 18,500 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Torch Tower
500K1M2009201420192024Typical 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, May 2009: AED 1,086,018 (AED 1,241 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, 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, October 2016: AED 90,000 a yearNew contract, October 2018: AED 70,000 a yearRenewal, October 2019: AED 65,000 a yearRenewal, October 2020: AED 53,000 a yearRenewal, October 2021: AED 57,000 a yearNew contract, April 2022: AED 63,000 a yearRenewal, April 2023: AED 66,150 a yearRenewal, April 2024: AED 69,458 a yearRenewal, April 2024: AED 69,458 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 1704 sits

All 220 1-beds →

1704 last sold in May 2009 at AED 1,241 per sqft, 10% above what one-beds in Torch Tower were fetching at the time (AED 1,124). 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. 1704's AED 69,458 is in the lower 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 17th floor

All 675 units in Torch Tower
Value
17011-bedAED 1.43M · Jan 2026
17021-bedAED 700K · May 2021
17032-bedAED 1.69M · Jul 2024
17051-bedAED 1.15M · Aug 2023
17062-bedAED 1M · Jun 2014
17071-bedAED 1.46M · Mar 2026
17081-bedAED 1.95M · Sep 2025
1–7 of 11

1704, Torch Tower in numbers

  • Sold once: by Torch Select on 4 May 2009 for AED 1,086,018, or AED 1,241 per sqft.
  • Rented since October 2016 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 53,000 in 2020 and recovered to AED 69,458 by April 2024.
  • At AED 69,458 a year the gross yield on the 2009 price is 6.4%, before a service charge of about AED 18,500 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 7 April 2024.

Questions about 1704, Torch Tower

What did unit 1704 last sell for?

AED 1,086,018 on 4 May 2009, sold by the developer: AED 1,241 per sqft for 875 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 69,458 a year on the contract renewed on 7 April 2024. The previous contract, from April 2024, was AED 69,458; the unit has been rented since October 2016.

How big is unit 1704?

875 sqft (81.3 sqm): a one-bedroom apartment on the 17th floor of a 84-storey tower completed in 2011.

What is unit 1704 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 1704, Torch Tower

Starts from the last sale price (AED 1.09M, 4 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,086,018
Deposit, UAE resident (20%)
AED 217,204
Deposit, non-resident (40%)
AED 434,407
Monthly over 25 years at 3.7%
AED 4,443

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