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

2209, Torch Tower

Sold prices and rental history: sold 5 times, last in September 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2209 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 2.2M10 September 2014
Current rentAED 105K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2209, Torch Tower

What is 2209 worth today?

Last sold for AED 2,200,000 in 2014

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1 Feb 2024RentedRenewal
AED 105,000/yr12 months · AED 88 per sqft
1 Feb 2024RentedRenewal
AED 105,000/yr12 months · AED 88 per sqft
1 Feb 2023RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
15 Jan 2021RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
27 Dec 2019RentedNew contract
AED 73,000/yr12 months · AED 61 per sqft
27 Dec 2017RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
3 Jan 2016RentedNew contract
AED 116,000/yr12 months · AED 97 per sqft
7 Dec 2014RentedNew contract
AED 135,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
22nd of 84
Parking
P2-57
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 2.2M · September 2014
Building
Torch Tower

About 2209, Torch Tower

2209 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 10 September 2014 for AED 2,200,000, or AED 1,835 per sqft, 34% above the AED 1,366 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 105,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 25,400 a year.

Sales and rents for 2209 over time

Sales
Unit 2209, each saleTypical two-bed in Torch Tower
1M2M2009201420192024Typical 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, March 2009: AED 1,120,116 (AED 934 per sqft)Sold, May 2011: AED 1,120,116 (AED 934 per sqft)Sold, February 2012: AED 1,260,000 (AED 1,051 per sqft)Sold, February 2012: AED 1,120,116 (AED 934 per sqft)Sold, September 2014: AED 2,200,000 (AED 1,835 per sqft)

2209 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2209, each contractTypical two-bed in Torch Tower
50K100K2012201620202024Typical 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, December 2014: AED 135,000 a yearNew contract, January 2016: AED 116,000 a yearNew contract, December 2017: AED 80,000 a yearNew contract, December 2019: AED 73,000 a yearNew contract, January 2021: AED 55,000 a yearNew contract, February 2023: AED 100,000 a yearRenewal, February 2024: AED 105,000 a yearRenewal, February 2024: AED 105,000 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 2209 sits

All 404 2-beds →

2209 last sold in September 2014 at AED 1,835 per sqft, 34% above what two-beds in Torch Tower were fetching at the time (AED 1,366). 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. 2209's AED 105,000 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
22062-bedAED 1.75M · Dec 2023
22071-bedAED 625K · Oct 2010
1–7 of 11

2209, Torch Tower in numbers

  • Sold 5 times: first on 1 March 2009 for AED 1,120,116, last on 10 September 2014 for AED 2,200,000 (AED 1,835 per sqft).
  • Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 55,000 in 2021 and recovered to AED 105,000 by February 2024.
  • At AED 105,000 a year the gross yield on the 2014 price is 4.8%, 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 1 February 2024.

Questions about 2209, Torch Tower

What did unit 2209 last sell for?

AED 2,200,000 on 10 September 2014: AED 1,835 per sqft for 1,198 sqft. The unit has 5 registered sales; the first was AED 1,120,116 in March 2009.

What is the rent for unit 2209?

AED 105,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2024, was AED 105,000; the unit has been rented since December 2014.

How big is unit 2209?

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 2209 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 2209, Torch Tower

Starts from the last sale price (AED 2.2M, 10 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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