2306, Torch Tower
Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2306, Torch Tower
What is 2306 worth today?
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Source: Dubai Land Department. Updated 26 July 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 23rd of 84
- Parking
- P2-66
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.12M · October 2011
- Building
- Torch Tower
About 2306, Torch Tower
2306 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. It last sold on 27 October 2011 for AED 1,121,162, or AED 935 per sqft, in line with the AED 918 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 26 July 2021, is AED 68,000 a year: a gross yield of 6.1% on the 2011 price, before the service charge of about AED 25,400 a year.
Sales and rents for 2306 over time
2306 has sold twice; 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 2306 sits
All 404 2-beds →2306 last sold in October 2011 at AED 935 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 918). 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. 2306's AED 68,000 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 | |
| 2303 | 2-bed | 1,198 sqft | AED 1.59MAED 1,591,126 · Mar 2009March 2009 | 63,000 /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 | |
| 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 |
2306, Torch Tower in numbers
- Sold twice: first on 1 March 2009 for AED 1,121,162, last on 27 October 2011 for AED 1,121,162 (AED 935 per sqft).
- Rented since July 2012 on 11 Ejari contracts, from AED 100,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2011 price is 6.1%, 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 July 2021.
Questions about 2306, Torch Tower
What did unit 2306 last sell for?
AED 1,121,162 on 27 October 2011: AED 935 per sqft for 1,198 sqft. The unit has 2 registered sales; the first was AED 1,121,162 in March 2009.
What is the rent for unit 2306?
AED 68,000 a year on the contract renewed on 26 July 2021. The previous contract, from July 2020, was AED 70,000; the unit has been rented since July 2012.
How big is unit 2306?
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 2306 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 2306, Torch Tower
Starts from the last sale price (AED 1.12M, 27 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,121,162
- Deposit, UAE resident (20%)
- AED 224,232
- Deposit, non-resident (40%)
- AED 448,465
- Monthly over 25 years at 3.7%
- AED 4,587
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →