2303, Torch Tower
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Torch Tower
What is 2303 worth today?
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Source: Dubai Land Department. Updated 1 July 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 23rd of 84
- Parking
- P2-63
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.59M · March 2009
- Building
- Torch Tower
About 2303, Torch Tower
2303 is a two-bedroom apartment of 1,198 sqft on the 23rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 15 March 2009 for AED 1,591,126, or AED 1,327 per sqft, 26% above the AED 1,055 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 July 2020, is AED 63,000 a year: a gross yield of 4.0% on the 2009 price, before the service charge of about AED 25,400 a year.
Sales and rents for 2303 over time
2303 has sold once; the dashed line is the two-bed median of each year in the building.
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 2303 sits
All 404 2-beds →2303 last sold in March 2009 at AED 1,327 per sqft, 26% above what two-beds in Torch Tower were fetching at the time (AED 1,055). 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. 2303's AED 63,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 19 Oct 202619 October 2026 | 1,198 sqft | 1,790,000 | 1,493 | ||
| 7 Oct 20267 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 23 Sep 202623 September 2026 | 1,258 sqft | 1,700,000 | 1,350 |
Torch Tower
Building675 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%
Other units on the 23rd floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 978 sqft | AED 858KAED 857,504 · Dec 2011December 2011 | 100,000 /yr | |
| 2302 | 1-bed | 978 sqft | AED 910KAED 910,000 · Mar 2018March 2018 | 88,000 /yr | |
| 2304 | 1-bed | 887 sqft | AED 1.23MAED 1,228,236 · Aug 2009August 2009 | 75,900 /yr | |
| 2305 | 1-bed | 887 sqft | AED 1.31MAED 1,310,000 · Dec 2024December 2024 | 105,000 /yr | |
| 2306 | 2-bed | 1,198 sqft | AED 1.12MAED 1,121,162 · Oct 2011October 2011 | 68,000 /yr | |
| 2307 | 1-bed | 978 sqft | AED 1.25MAED 1,249,766 · Apr 2009April 2009 | 77,000 /yr | |
| 2308 | 1-bed | 978 sqft | AED 910KAED 910,000 · Dec 2022December 2022 | 93,000 /yr | |
| 2309 | 2-bed | 1,198 sqft | AED 1.3MAED 1,303,000 · Apr 2013April 2013 | 125,000 /yr | |
| 2310 | 1-bed | 887 sqft | AED 1.26MAED 1,255,000 · Jan 2017January 2017 | 90,750 /yr | |
| 2311 | 1-bed | 887 sqft | AED 600KAED 600,000 · Aug 2020August 2020 | 90,000 /yr | |
| 2312 | 2-bed | 1,198 sqft | AED 1.25MAED 1,250,000 · Dec 2012December 2012 | 92,000 /yr |
2303, Torch Tower in numbers
- Sold once: by Torch Select on 15 March 2009 for AED 1,591,126, or AED 1,327 per sqft.
- Rented since September 2013 on 4 Ejari contracts, from AED 90,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2009 price is 4.0%, 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 July 2020.
Questions about 2303, Torch Tower
What did unit 2303 last sell for?
AED 1,591,126 on 15 March 2009, sold by the developer: AED 1,327 per sqft for 1,198 sqft. It is the only registered sale of the unit.
What is the rent for unit 2303?
AED 63,000 a year on the contract signed on 1 July 2020. The previous contract, from June 2018, was AED 85,000; the unit has been rented since September 2013.
How big is unit 2303?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 23rd floor of a 84-storey tower completed in 2011.
What is unit 2303 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 2303, Torch Tower
Starts from the last sale price (AED 1.59M, 15 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,591,126
- Deposit, UAE resident (20%)
- AED 318,225
- Deposit, non-resident (40%)
- AED 636,450
- Monthly over 25 years at 3.7%
- AED 6,510
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →