2403, Torch Tower
Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, Torch Tower
What is 2403 worth today?
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Source: Dubai Land Department. Updated 11 November 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 24th of 84
- Parking
- P2-74
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.63M · April 2009
- Building
- Torch Tower
About 2403, Torch Tower
2403 is a two-bedroom apartment of 1,198 sqft on the 24th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 26 April 2009 for AED 1,634,378, or AED 1,363 per sqft, 26% above the AED 1,081 two-beds in the building were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 11 November 2020, is AED 63,000 a year: a gross yield of 3.9% on the 2009 price, before the service charge of about AED 25,400 a year.
Sales and rents for 2403 over time
2403 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 2403 sits
All 404 2-beds →2403 last sold in April 2009 at AED 1,363 per sqft, 26% above what two-beds in Torch Tower were fetching at the time (AED 1,081). 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. 2403'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 24th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 978 sqft | AED 1.35MAED 1,350,000 · Jan 2025January 2025 | 75,000 /yr | |
| 2402 | 1-bed | 978 sqft | AED 700KAED 700,000 · Oct 2011October 2011 | 83,000 /yr | |
| 2404 | 1-bed | 102 sqft | AED 176KAED 175,586 · Jan 2026January 2026 | 100,000 /yr | |
| 2405 | 1-bed | 887 sqft | AED 1.31MAED 1,310,000 · Dec 2013December 2013 | 80,000 /yr | |
| 2406 | 2-bed | 1,198 sqft | AED 1.15MAED 1,152,983 · Apr 2012April 2012 | 110,000 /yr | |
| 2407 | 1-bed | 978 sqft | AED 880KAED 879,520 · Dec 2011December 2011 | 82,411 /yr | |
| 2408 | 1-bed | 978 sqft | AED 1.23MAED 1,232,630 · Dec 2011December 2011 | 87,500 /yr | |
| 2409 | 2-bed | 1,198 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | 58,000 /yr | |
| 2410 | 1-bed | 887 sqft | AED 700KAED 700,000 · May 2021May 2021 | 95,000 /yr | |
| 2411 | 1-bed | 887 sqft | AED 1.3MAED 1,304,288 · Jul 2026July 2026 | 75,000 /yr | |
| 2412 | 2-bed | 1,198 sqft | AED 1.55MAED 1,550,000 · Dec 2016December 2016 | 80,000 /yr |
2403, Torch Tower in numbers
- Sold once: by Torch Select on 26 April 2009 for AED 1,634,378, or AED 1,363 per sqft.
- Rented since October 2012 on 3 Ejari contracts, from AED 82,500 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2009 price is 3.9%, 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 11 November 2020.
Questions about 2403, Torch Tower
What did unit 2403 last sell for?
AED 1,634,378 on 26 April 2009, sold by the developer: AED 1,363 per sqft for 1,198 sqft. It is the only registered sale of the unit.
What is the rent for unit 2403?
AED 63,000 a year on the contract signed on 11 November 2020. The previous contract, from October 2018, was AED 90,000; the unit has been rented since October 2012.
How big is unit 2403?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 24th floor of a 84-storey tower completed in 2011.
What is unit 2403 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 2403, Torch Tower
Starts from the last sale price (AED 1.63M, 26 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,634,378
- Deposit, UAE resident (20%)
- AED 326,876
- Deposit, non-resident (40%)
- AED 653,751
- Monthly over 25 years at 3.7%
- AED 6,687
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →