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

2212, Torch Tower

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2212 · DLD and Ejari recordsUpdated 26 September 2022
Last soldAED 1.31M26 September 2022
Current rentAED 62K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2212, Torch Tower

What is 2212 worth today?

Last sold for AED 1,310,000 in 2022

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26 Sep 2022SoldReady
AED 1,310,000AED 1,093 per sqft
1 Jun 2021RentedRenewal
AED 62,000/yr12 months · AED 52 per sqft
1 Jun 2020RentedRenewal
AED 72,000/yr12 months · AED 60 per sqft
1 Jun 2019RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
1 Jun 2018RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
1 Jun 2017RentedNew contract
AED 115,000/yr12 months · AED 96 per sqft
3 Apr 2016RentedNew contract
AED 125,000/yr12 months · AED 105 per sqft
13 Feb 2015RentedRenewal
AED 137,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 26 September 2022.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
22nd of 84
Parking
P2-60
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 1.31M · September 2022
Building
Torch Tower

About 2212, Torch Tower

2212 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 26 September 2022 for AED 1,310,000, or AED 1,093 per sqft, 15% above the AED 953 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 June 2021, is AED 62,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 25,400 a year.

Sales and rents for 2212 over time

Sales
Unit 2212, each saleTypical two-bed in Torch Tower
1M1.5M2M2009201420192024Typical 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 1,505,072 (AED 1,255 per sqft)Sold, February 2014: AED 1,837,691 (AED 1,533 per sqft)Sold, February 2014: AED 1,390,866 (AED 1,160 per sqft)Sold, September 2022: AED 1,310,000 (AED 1,093 per sqft)

2212 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2212, 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, February 2014: AED 130,000 a yearRenewal, February 2015: AED 137,000 a yearNew contract, April 2016: AED 125,000 a yearNew contract, June 2017: AED 115,000 a yearRenewal, June 2018: AED 80,000 a yearRenewal, June 2019: AED 80,000 a yearRenewal, June 2020: AED 72,000 a yearRenewal, June 2021: AED 62,000 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 2212 sits

All 404 2-beds →

2212 last sold in September 2022 at AED 1,093 per sqft, 15% above what two-beds in Torch Tower were fetching at the time (AED 953). 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. 2212's AED 62,000 is at the bottom 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

2212, Torch Tower in numbers

  • Sold 4 times: first on 4 May 2009 for AED 1,505,072, last on 26 September 2022 for AED 1,310,000 (AED 1,093 per sqft).
  • Rented since February 2014 on 8 Ejari contracts, from AED 130,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2022 price is 4.7%, 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 26 September 2022.

Questions about 2212, Torch Tower

What did unit 2212 last sell for?

AED 1,310,000 on 26 September 2022: AED 1,093 per sqft for 1,198 sqft. The unit has 4 registered sales; the first was AED 1,505,072 in May 2009.

What is the rent for unit 2212?

AED 62,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 72,000; the unit has been rented since February 2014.

How big is unit 2212?

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 2212 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 2212, Torch Tower

Starts from the last sale price (AED 1.31M, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,000
Deposit, UAE resident (20%)
AED 262,000
Deposit, non-resident (40%)
AED 524,000
Monthly over 25 years at 3.7%
AED 5,360

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