1-bed · 887 sqftTorch Tower, Dubai Marina · 23rd floor · completed 2011

2304, Torch Tower

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 28 July 2026
Last soldAED 1.23M23 August 2009
Current rentAED 76K /yr28 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Torch Tower

What is 2304 worth today?

Last sold for AED 1,228,236 in 2009

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28 Jul 2026RentedRenewal
AED 75,900/yr12 months · AED 86 per sqft
28 Jul 2025RentedRenewal
AED 75,900/yr12 months · AED 86 per sqft
28 Jul 2024RentedRenewal
AED 69,000/yr12 months · AED 78 per sqft
28 Jul 2024RentedRenewal
AED 69,000/yr12 months · AED 78 per sqft
28 Jul 2023RentedRenewal
AED 57,500/yr12 months · AED 65 per sqft
28 Jul 2022RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
28 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
10 Jun 2019RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 28 July 2026.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
23rd of 84
Parking
P2-64
Developer
Torch Select
Completed
2011
Service charge
AED 18,800 /yr
Last sold
AED 1.23M · August 2009
Building
Torch Tower

About 2304, Torch Tower

2304 is a one-bedroom apartment of 887 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 23 August 2009 for AED 1,228,236, or AED 1,385 per sqft, 21% above the AED 1,140 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 28 July 2026, is AED 75,900 a year: a gross yield of 6.2% on the 2009 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical one-bed in Torch Tower
500K1M2009201420192024Typical 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, August 2009: AED 1,228,236 (AED 1,385 per sqft)

2304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in Torch Tower
50K75K100K2012201620202024Typical 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, June 2014: AED 79,558 a yearNew contract, July 2016: AED 85,000 a yearNew contract, June 2018: AED 67,000 a yearRenewal, June 2019: AED 55,000 a yearNew contract, July 2021: AED 50,000 a yearRenewal, July 2022: AED 50,000 a yearRenewal, July 2023: AED 57,500 a yearRenewal, July 2024: AED 69,000 a yearRenewal, July 2024: AED 69,000 a yearRenewal, July 2025: AED 75,900 a yearRenewal, July 2026: AED 75,900 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 2304 sits

All 220 1-beds →

2304 last sold in August 2009 at AED 1,385 per sqft, 21% above what one-beds in Torch Tower were fetching at the time (AED 1,140). 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. 2304's AED 75,900 is in the lower 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 23rd floor

All 675 units in Torch Tower
Value
23011-bedAED 858K · Dec 2011
23021-bedAED 910K · Mar 2018
23032-bedAED 1.59M · Mar 2009
23051-bedAED 1.31M · Dec 2024
23062-bedAED 1.12M · Oct 2011
23071-bedAED 1.25M · Apr 2009
23081-bedAED 910K · Dec 2022
1–7 of 11

2304, Torch Tower in numbers

  • Sold once: by Torch Select on 23 August 2009 for AED 1,228,236, or AED 1,385 per sqft.
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 79,558 to AED 50,000 in 2022 and recovered to AED 75,900 by July 2026.
  • At AED 75,900 a year the gross yield on the 2009 price is 6.2%, before a service charge of about AED 18,800 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 28 July 2026.

Questions about 2304, Torch Tower

What did unit 2304 last sell for?

AED 1,228,236 on 23 August 2009, sold by the developer: AED 1,385 per sqft for 887 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 75,900 a year on the contract renewed on 28 July 2026. The previous contract, from July 2025, was AED 75,900; the unit has been rented since June 2014.

How big is unit 2304?

887 sqft (82.4 sqm): a one-bedroom apartment on the 23rd floor of a 84-storey tower completed in 2011.

What is unit 2304 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 2304, Torch Tower

Starts from the last sale price (AED 1.23M, 23 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,228,236
Deposit, UAE resident (20%)
AED 245,647
Deposit, non-resident (40%)
AED 491,294
Monthly over 25 years at 3.7%
AED 5,025

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