1-bed · 978 sqftTorch Tower, Dubai Marina · 22nd floor · completed 2011

2201, Torch Tower

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 25 December 2019
Last soldAED 1.25M13 June 2017
Current rentAED 66K /yr25 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Torch Tower

What is 2201 worth today?

Last sold for AED 1,250,000 in 2017

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25 Dec 2019RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft
25 Dec 2018RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft
25 Dec 2017RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
6 Aug 2017RentedNew contract
AED 87,000/yr12 months · AED 89 per sqft
13 Jun 2017SoldReady
AED 1,250,000AED 1,277 per sqft
23 May 2016RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
1 May 2015RentedRenewal
AED 105,000/yr12 months · AED 107 per sqft
1 May 2014RentedNew contract
AED 105,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 25 December 2019.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
22nd of 84
Parking
P2-49
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.25M · June 2017
Building
Torch Tower

About 2201, Torch Tower

2201 is a one-bedroom apartment of 978 sqft on the 22nd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 13 June 2017 for AED 1,250,000, or AED 1,277 per sqft, in line with the AED 1,298 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 December 2019, is AED 66,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, March 2009: AED 1,079,343 (AED 1,103 per sqft)Sold, June 2017: AED 1,250,000 (AED 1,277 per sqft)

2201 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2201, each contractTypical one-bed in Torch Tower
50K75K100K2012201620202024Typical 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, July 2013: AED 85,000 a yearNew contract, May 2014: AED 105,000 a yearRenewal, May 2015: AED 105,000 a yearNew contract, May 2016: AED 95,000 a yearNew contract, August 2017: AED 87,000 a yearNew contract, December 2017: AED 70,000 a yearRenewal, December 2018: AED 66,000 a yearRenewal, December 2019: AED 66,000 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 2201 sits

All 220 1-beds →

2201 last sold in June 2017 at AED 1,277 per sqft, in line with what one-beds in Torch Tower were fetching at the time (AED 1,298). 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. 2201's AED 66,000 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 22nd floor

All 675 units in Torch Tower
Value
22021-bedAED 809K · Jul 2012
22032-bedAED 1.45M · Nov 2022
22041-bedAED 1.2M · Sep 2013
22051-bedAED 858K · Sep 2013
22062-bedAED 1.75M · Dec 2023
22071-bedAED 625K · Oct 2010
22081-bedAED 1.24M · Nov 2009
1–7 of 11

2201, Torch Tower in numbers

  • Sold twice: first on 1 March 2009 for AED 1,079,343, last on 13 June 2017 for AED 1,250,000 (AED 1,277 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 85,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 20,700 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 25 December 2019.

Questions about 2201, Torch Tower

What did unit 2201 last sell for?

AED 1,250,000 on 13 June 2017: AED 1,277 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 1,079,343 in March 2009.

What is the rent for unit 2201?

AED 66,000 a year on the contract renewed on 25 December 2019. The previous contract, from December 2018, was AED 66,000; the unit has been rented since July 2013.

How big is unit 2201?

978 sqft (90.9 sqm): a one-bedroom apartment on the 22nd floor of a 84-storey tower completed in 2011.

What is unit 2201 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 2201, Torch Tower

Starts from the last sale price (AED 1.25M, 13 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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