1706, Torch Tower
Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1706, Torch Tower
What is 1706 worth today?
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Source: Dubai Land Department. Updated 21 April 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 17th of 84
- Parking
- P3-61
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1M · June 2014
- Building
- Torch Tower
About 1706, Torch Tower
1706 is a two-bedroom apartment of 1,198 sqft on the 17th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 2 June 2014 for AED 1,000,000, or AED 834 per sqft, 36% below the AED 1,305 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 21 April 2016, is AED 130,000 a year: a gross yield of 13.0% on the 2014 price, before the service charge of about AED 25,400 a year.
Sales and rents for 1706 over time
1706 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 1706 sits
All 404 2-beds →1706 last sold in June 2014 at AED 834 per sqft, 36% below what two-beds in Torch Tower were fetching at the time (AED 1,305). 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. 1706'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 17th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 978 sqft | AED 1.43MAED 1,425,000 · Jan 2026January 2026 | 109,412 /yr | |
| 1702 | 1-bed | 978 sqft | AED 700KAED 700,000 · May 2021May 2021 | 87,500 /yr | |
| 1703 | 2-bed | 1,198 sqft | AED 1.69MAED 1,692,076 · Jul 2024July 2024 | 138,143 /yr | |
| 1704 | 1-bed | 875 sqft | AED 1.09MAED 1,086,018 · May 2009May 2009 | 69,458 /yr | |
| 1705 | 1-bed | 887 sqft | AED 1.15MAED 1,150,000 · Aug 2023August 2023 | 110,000 /yr | |
| 1707 | 1-bed | 978 sqft | AED 1.46MAED 1,460,000 · Mar 2026March 2026 | 100,000 /yr | |
| 1708 | 1-bed | 978 sqft | AED 1.95MAED 1,950,000 · Sep 2025September 2025 | 94,745 /yr | |
| 1709 | 2-bed | 1,198 sqft | AED 1.14MAED 1,136,114 · Dec 2011December 2011 | 115,500 /yr | |
| 1710 | 1-bed | 887 sqft | AED 700KAED 700,000 · May 2021May 2021 | 100,000 /yr | |
| 1711 | 1-bed | 887 sqft | AED 700KAED 700,000 · May 2021May 2021 | 87,500 /yr | |
| 1712 | 2-bed | 1,198 sqft | AED 1.94MAED 1,940,000 · May 2024May 2024 | 155,000 /yr |
1706, Torch Tower in numbers
- Sold 3 times: first on 25 April 2009 for AED 1,113,837, last on 2 June 2014 for AED 1,000,000 (AED 834 per sqft).
- Rented since January 2013 on 4 Ejari contracts, from AED 115,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2014 price is 13.0%, 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 21 April 2016.
Questions about 1706, Torch Tower
What did unit 1706 last sell for?
AED 1,000,000 on 2 June 2014: AED 834 per sqft for 1,198 sqft. The unit has 3 registered sales; the first was AED 1,113,837 in April 2009.
What is the rent for unit 1706?
AED 130,000 a year on the contract signed on 21 April 2016. The previous contract, from January 2015, was AED 140,000; the unit has been rented since January 2013.
How big is unit 1706?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 17th floor of a 84-storey tower completed in 2011.
What is unit 1706 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 1706, Torch Tower
Starts from the last sale price (AED 1M, 2 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →