2-bed · 1,198 sqftTorch Tower, Dubai Marina · 24th floor · completed 2011

2409, Torch Tower

Sold prices and rental history: sold 7 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2409 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.1M1 August 2024
Current rentAED 58K /yr22 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, Torch Tower

What is 2409 worth today?

Last sold for AED 2,100,000 in 2024

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1 Aug 2024SoldReady
AED 2,100,000AED 1,752 per sqft
1 Aug 2022SoldReady
AED 1,020,000AED 851 per sqft
22 Mar 2021RentedNew contract
AED 58,000/yr12 months · AED 49 per sqft
9 Jun 2020SoldReady
AED 830,000AED 692 per sqft
22 Mar 2020RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
22 Mar 2019RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
12 Jul 2016RentedNew contract
AED 130,000/yr12 months · AED 109 per sqft
11 May 2016SoldReady
AED 1,439,341AED 1,200 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
24th of 84
Parking
P2-80
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 2.1M · August 2024
Building
Torch Tower

About 2409, Torch Tower

2409 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. It last sold on 1 August 2024 for AED 2,100,000, or AED 1,752 per sqft, 38% above the AED 1,271 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 22 March 2021, is AED 58,000 a year: a gross yield of 2.8% on the 2024 price, before the service charge of about AED 25,400 a year.

Sales and rents for 2409 over time

Sales
Unit 2409, each saleTypical two-bed in Torch Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,518,879; 2010 AED 1,143,000; 2011 AED 1,140,000; 2012 AED 1,152,983; 2013 AED 1,477,623; 2014 AED 1,797,500; 2015 AED 1,660,000; 2016 AED 1,505,000; 2017 AED 1,250,000; 2018 AED 975,000; 2019 AED 950,000; 2020 AED 850,000; 2021 AED 1,000,000; 2022 AED 1,250,000; 2023 AED 1,450,000; 2024 AED 1,650,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, April 2009: AED 1,623,965 (AED 1,355 per sqft)Sold, November 2014: AED 1,623,965 (AED 1,355 per sqft)Sold, December 2014: AED 1,960,880 (AED 1,636 per sqft)Sold, May 2016: AED 1,439,341 (AED 1,200 per sqft)Sold, June 2020: AED 830,000 (AED 692 per sqft)Sold, August 2022: AED 1,020,000 (AED 851 per sqft)Sold, August 2024: AED 2,100,000 (AED 1,752 per sqft)

2409 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2409, each contractTypical two-bed in Torch Tower
50K100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 110,000; 2018 AED 85,500; 2019 AED 78,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 80,000; 2023 AED 99,000; 2024 AED 118,000; 2025 AED 120,000; 2026 AED 115,500New contract, March 2014: AED 110,250 a yearNew contract, July 2016: AED 130,000 a yearNew contract, March 2019: AED 85,000 a yearRenewal, March 2020: AED 75,000 a yearNew contract, March 2021: AED 58,000 a year

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 2409 sits

All 404 2-beds →

2409 last sold in August 2024 at AED 1,752 per sqft, 38% above what two-beds in Torch Tower were fetching at the time (AED 1,271). 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. 2409's AED 58,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,650,000
19 Oct 20261,790,000
7 Oct 20261,650,000
23 Sep 20261,700,000
24 2-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
24021-bedAED 700K · Oct 2011
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
1–7 of 11

2409, Torch Tower in numbers

  • Sold 7 times: first on 26 April 2009 for AED 1,623,965, last on 1 August 2024 for AED 2,100,000 (AED 1,752 per sqft).
  • Rented since March 2014 on 5 Ejari contracts, from AED 110,250 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2024 price is 2.8%, 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 1 August 2024.

Questions about 2409, Torch Tower

What did unit 2409 last sell for?

AED 2,100,000 on 1 August 2024: AED 1,752 per sqft for 1,198 sqft. The unit has 7 registered sales; the first was AED 1,623,965 in April 2009.

What is the rent for unit 2409?

AED 58,000 a year on the contract signed on 22 March 2021. The previous contract, from March 2020, was AED 75,000; the unit has been rented since March 2014.

How big is unit 2409?

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 2409 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 2409, Torch Tower

Starts from the last sale price (AED 2.1M, 1 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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