1-bed · 978 sqftTorch Tower, Dubai Marina · 24th floor · completed 2011

2402, Torch Tower

Sold prices and rental history: sold 3 times, last in October 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 14 October 2026
Last soldAED 700K4 October 2011
Current rentAED 83K /yr14 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Torch Tower

What is 2402 worth today?

Last sold for AED 700,000 in 2011

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14 Oct 2026RentedNew contract
AED 83,000/yr12 months · AED 85 per sqft
21 Jul 2024RentedRenewal
AED 95,000/yr12 months · AED 97 per sqft
21 Jul 2024RentedRenewal
AED 95,000/yr12 months · AED 97 per sqft
21 Jul 2023RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
15 Aug 2021RentedNew contract
AED 53,000/yr12 months · AED 54 per sqft
1 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
23 Jul 2019RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
15 Jul 2016RentedNew contract
AED 105,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 14 October 2026.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
24th of 84
Parking
P2-73
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 700K · October 2011
Building
Torch Tower

About 2402, Torch Tower

2402 is a one-bedroom apartment of 978 sqft on the 24th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 4 October 2011 for AED 700,000, or AED 715 per sqft, 25% below the AED 956 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 14 October 2026, is AED 83,000 a year: a gross yield of 11.9% on the 2011 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, May 2009: AED 1,156,204 (AED 1,182 per sqft)Sold, October 2011: AED 700,000 (AED 715 per sqft)Sold, October 2011: AED 1,156,204 (AED 1,182 per sqft)

2402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2402, each contractTypical one-bed in Torch Tower
50K100K2012201620202024Typical 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, March 2014: AED 115,000 a yearNew contract, July 2016: AED 105,000 a yearNew contract, July 2019: AED 65,000 a yearNew contract, July 2020: AED 50,000 a yearNew contract, August 2021: AED 53,000 a yearNew contract, July 2023: AED 95,000 a yearRenewal, July 2024: AED 95,000 a yearRenewal, July 2024: AED 95,000 a yearNew contract, October 2026: AED 83,000 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 2402 sits

All 220 1-beds →

2402 last sold in October 2011 at AED 715 per sqft, 25% below what one-beds in Torch Tower were fetching at the time (AED 956). 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. 2402's AED 83,000 is in the upper 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 24th floor

All 675 units in Torch Tower
Value
24011-bedAED 1.35M · Jan 2025
24032-bedAED 1.63M · Apr 2009
24041-bedAED 176K · Jan 2026
24051-bedAED 1.31M · Dec 2013
24062-bedAED 1.15M · Apr 2012
24071-bedAED 880K · Dec 2011
24081-bedAED 1.23M · Dec 2011
1–7 of 11

2402, Torch Tower in numbers

  • Sold 3 times: first on 13 May 2009 for AED 1,156,204, last on 4 October 2011 for AED 700,000 (AED 715 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 50,000 in 2020 and recovered to AED 83,000 by October 2026.
  • At AED 83,000 a year the gross yield on the 2011 price is 11.9%, before a service charge of about AED 20,700 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 14 October 2026.

Questions about 2402, Torch Tower

What did unit 2402 last sell for?

AED 700,000 on 4 October 2011: AED 715 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,156,204 in May 2009.

What is the rent for unit 2402?

AED 83,000 a year on the contract signed on 14 October 2026. The previous contract, from July 2024, was AED 95,000; the unit has been rented since March 2014.

How big is unit 2402?

978 sqft (90.9 sqm): a one-bedroom apartment on the 24th floor of a 84-storey tower completed in 2011.

What is unit 2402 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 2402, Torch Tower

Starts from the last sale price (AED 700K, 4 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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