2408, Torch Tower
Sold prices and rental history: sold 3 times, last in December 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Torch Tower
What is 2408 worth today?
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Source: Dubai Land Department. Updated 4 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 24th of 84
- Parking
- P2-79
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.23M · December 2011
- Building
- Torch Tower
About 2408, Torch Tower
2408 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 28 December 2011 for AED 1,232,630, or AED 1,260 per sqft, 43% above the AED 883 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 4 December 2024, is AED 87,500 a year: a gross yield of 7.1% on the 2011 price, before the service charge of about AED 20,700 a year.
Sales and rents for 2408 over time
2408 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2408 sits
All 220 1-beds →2408 last sold in December 2011 at AED 1,260 per sqft, 43% above what one-beds in Torch Tower were fetching at the time (AED 883). 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. 2408's AED 87,500 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 978 sqft | 1,450,000 | 1,482 | ||
| 13 Aug 202613 August 2026 | 887 sqft | 1,050,000 | 1,184 | ||
| 7 Aug 20267 August 2026 | 887 sqft | 1,100,000 | 1,240 | ||
| 9 Jul 20269 July 2026 | 887 sqft | 1,304,288 | 1,470 |
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 | |
| 2403 | 2-bed | 1,198 sqft | AED 1.63MAED 1,634,378 · Apr 2009April 2009 | 63,000 /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 | |
| 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 |
2408, Torch Tower in numbers
- Sold 3 times: first on 13 May 2009 for AED 1,232,630, last on 28 December 2011 for AED 1,232,630 (AED 1,260 per sqft).
- Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2019 and recovered to AED 87,500 by December 2024.
- At AED 87,500 a year the gross yield on the 2011 price is 7.1%, 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 4 December 2024.
Questions about 2408, Torch Tower
What did unit 2408 last sell for?
AED 1,232,630 on 28 December 2011: AED 1,260 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,232,630 in May 2009.
What is the rent for unit 2408?
AED 87,500 a year on the contract signed on 4 December 2024. The previous contract, from December 2024, was AED 87,500; the unit has been rented since October 2014.
How big is unit 2408?
978 sqft (90.9 sqm): a one-bedroom apartment on the 24th floor of a 84-storey tower completed in 2011.
What is unit 2408 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 2408, Torch Tower
Starts from the last sale price (AED 1.23M, 28 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,232,630
- Deposit, UAE resident (20%)
- AED 246,526
- Deposit, non-resident (40%)
- AED 493,052
- Monthly over 25 years at 3.7%
- AED 5,043
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →