2312, Torch Tower
Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2312, Torch Tower
What is 2312 worth today?
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Source: Dubai Land Department. Updated 29 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 23rd of 84
- Parking
- P2-71
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.25M · December 2012
- Building
- Torch Tower
About 2312, Torch Tower
2312 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 29 December 2012 for AED 1,250,000, or AED 1,043 per sqft, 12% above the AED 928 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 29 August 2026, is AED 92,000 a year: a gross yield of 7.4% on the 2012 price, before the service charge of about AED 25,400 a year.
Sales and rents for 2312 over time
2312 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 2312 sits
All 404 2-beds →2312 last sold in December 2012 at AED 1,043 per sqft, 12% above what two-beds in Torch Tower were fetching at the time (AED 928). 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. 2312's AED 92,000 is in the lower half 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 | |
| 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, Torch Tower in numbers
- Sold once: by Torch Select on 29 December 2012 for AED 1,250,000, or AED 1,043 per sqft.
- Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 92,000 by August 2026.
- At AED 92,000 a year the gross yield on the 2012 price is 7.4%, 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 29 August 2026.
Questions about 2312, Torch Tower
What did unit 2312 last sell for?
AED 1,250,000 on 29 December 2012, sold by the developer: AED 1,043 per sqft for 1,198 sqft. It is the only registered sale of the unit.
What is the rent for unit 2312?
AED 92,000 a year on the contract signed on 29 August 2026. The previous contract, from June 2025, was AED 119,337; the unit has been rented since May 2015.
How big is unit 2312?
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 2312 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 2312, Torch Tower
Starts from the last sale price (AED 1.25M, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →