2-bed · 1,198 sqftTorch Tower, Dubai Marina · 22nd floor · completed 2011

2206, Torch Tower

Sold prices and rental history: sold 5 times, last in December 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2206 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 1.75M13 December 2023
Current rentAED 100K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2206, Torch Tower

What is 2206 worth today?

Last sold for AED 1,750,000 in 2023

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13 Dec 2023SoldReady
AED 1,750,000AED 1,460 per sqft
15 Jul 2021RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
4 Jan 2021SoldReady
AED 1,175,000AED 980 per sqft
15 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
26 Sep 2019SoldReady
AED 910,000AED 759 per sqft
28 Jan 2015RentedNew contract
AED 174,000/yr6 months · AED 146 per sqft
6 Mar 2012SoldReady
AED 1,171,814AED 977 per sqft
4 May 2009Sold by developerOff-plan
AED 1,171,814AED 977 per sqft

Source: Dubai Land Department. Updated 13 December 2023.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
22nd of 84
Parking
P2-54
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 1.75M · December 2023
Building
Torch Tower

About 2206, Torch Tower

2206 is a two-bedroom apartment of 1,198 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 December 2023 for AED 1,750,000, or AED 1,460 per sqft, 27% above the AED 1,152 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 15 July 2021, is AED 100,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 25,400 a year.

Sales and rents for 2206 over time

Sales
Unit 2206, each saleTypical two-bed in Torch Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,518,879; 2010 AED 1,143,000; 2011 AED 1,140,000; 2012 AED 1,152,983; 2013 AED 1,477,623; 2014 AED 1,797,500; 2015 AED 1,660,000; 2016 AED 1,505,000; 2017 AED 1,250,000; 2018 AED 975,000; 2019 AED 950,000; 2020 AED 850,000; 2021 AED 1,000,000; 2022 AED 1,250,000; 2023 AED 1,450,000; 2024 AED 1,650,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, May 2009: AED 1,171,814 (AED 977 per sqft)Sold, March 2012: AED 1,171,814 (AED 977 per sqft)Sold, September 2019: AED 910,000 (AED 759 per sqft)Sold, January 2021: AED 1,175,000 (AED 980 per sqft)Sold, December 2023: AED 1,750,000 (AED 1,460 per sqft)

2206 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2206, each contractTypical two-bed in Torch Tower
50K100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 110,000; 2018 AED 85,500; 2019 AED 78,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 80,000; 2023 AED 99,000; 2024 AED 118,000; 2025 AED 120,000; 2026 AED 115,500New contract, January 2015: AED 174,000 a yearNew contract, July 2020: AED 100,000 a yearRenewal, July 2021: AED 100,000 a year

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 2206 sits

All 404 2-beds →

2206 last sold in December 2023 at AED 1,460 per sqft, 27% above what two-beds in Torch Tower were fetching at the time (AED 1,152). 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. 2206's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,650,000
19 Oct 20261,790,000
7 Oct 20261,650,000
23 Sep 20261,700,000
24 2-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
22011-bedAED 1.25M · Jun 2017
22021-bedAED 809K · Jul 2012
22032-bedAED 1.45M · Nov 2022
22041-bedAED 1.2M · Sep 2013
22051-bedAED 858K · Sep 2013
22071-bedAED 625K · Oct 2010
22081-bedAED 1.24M · Nov 2009
1–7 of 11

2206, Torch Tower in numbers

  • Sold 5 times: first on 4 May 2009 for AED 1,171,814, last on 13 December 2023 for AED 1,750,000 (AED 1,460 per sqft).
  • Rented since January 2015 on 3 Ejari contracts, from AED 174,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 5.7%, 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 13 December 2023.

Questions about 2206, Torch Tower

What did unit 2206 last sell for?

AED 1,750,000 on 13 December 2023: AED 1,460 per sqft for 1,198 sqft. The unit has 5 registered sales; the first was AED 1,171,814 in May 2009.

What is the rent for unit 2206?

AED 100,000 a year on the contract renewed on 15 July 2021. The previous contract, from July 2020, was AED 100,000; the unit has been rented since January 2015.

How big is unit 2206?

1,198 sqft (111.3 sqm): a two-bedroom apartment on the 22nd floor of a 84-storey tower completed in 2011.

What is unit 2206 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 2206, Torch Tower

Starts from the last sale price (AED 1.75M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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