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

2207, Torch Tower

Sold prices and rental history: sold twice, last in October 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2207 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 625K24 October 2010
Current rentAED 81K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2207, Torch Tower

What is 2207 worth today?

Last sold for AED 625,000 in 2010

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1 Aug 2023RentedNew contract
AED 81,000/yr12 months · AED 83 per sqft
5 Jun 2022RentedNew contract
AED 60,500/yr12 months · AED 62 per sqft
5 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
14 Nov 2017RentedNew contract
AED 77,000/yr12 months · AED 79 per sqft
1 Nov 2015RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
24 Oct 2010SoldOff-plan
AED 625,000AED 638 per sqft
5 Sep 2005Sold by developerOff-plan
AED 1,239,739AED 1,267 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
22nd of 84
Parking
P2-55
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 625K · October 2010
Building
Torch Tower

About 2207, Torch Tower

2207 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 24 October 2010 for AED 625,000, or AED 638 per sqft, 38% below the AED 1,033 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 August 2023, is AED 81,000 a year: a gross yield of 13.0% on the 2010 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2207 over time

Sales
Unit 2207, each saleTypical one-bed in Torch Tower
500K1M2005201120172023Typical 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, September 2005: AED 1,239,739 (AED 1,267 per sqft)Sold, October 2010: AED 625,000 (AED 638 per sqft)

2207 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2207, 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, November 2015: AED 95,000 a yearNew contract, November 2017: AED 77,000 a yearNew contract, June 2018: AED 70,000 a yearNew contract, June 2022: AED 60,500 a yearNew contract, August 2023: AED 81,000 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 2207 sits

All 220 1-beds →

2207 last sold in October 2010 at AED 638 per sqft, 38% below what one-beds in Torch Tower were fetching at the time (AED 1,033). 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. 2207's AED 81,000 is in the upper 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
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
22062-bedAED 1.75M · Dec 2023
22081-bedAED 1.24M · Nov 2009
1–7 of 11

2207, Torch Tower in numbers

  • Sold twice: first on 5 September 2005 for AED 1,239,739, last on 24 October 2010 for AED 625,000 (AED 638 per sqft).
  • Rented since November 2015 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 60,500 in 2022 and recovered to AED 81,000 by August 2023.
  • At AED 81,000 a year the gross yield on the 2010 price is 13.0%, 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 1 August 2023.

Questions about 2207, Torch Tower

What did unit 2207 last sell for?

AED 625,000 on 24 October 2010: AED 638 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 1,239,739 in September 2005.

What is the rent for unit 2207?

AED 81,000 a year on the contract signed on 1 August 2023. The previous contract, from June 2022, was AED 60,500; the unit has been rented since November 2015.

How big is unit 2207?

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

What is unit 2207 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 2207, Torch Tower

Starts from the last sale price (AED 625K, 24 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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