1-bed · 978 sqftTorch Tower, Dubai Marina · 25th floor · completed 2011

2502, Torch Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.34M8 August 2024
Current rentAED 65K /yr18 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Torch Tower

What is 2502 worth today?

Last sold for AED 1,340,000 in 2024

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8 Aug 2024SoldReady
AED 1,340,000AED 1,369 per sqft
25 Jan 2024SoldReady
AED 1,000,000AED 1,022 per sqft
18 Sep 2023RentedRenewal
AED 65,148/yr12 months · AED 67 per sqft
18 Sep 2022RentedRenewal
AED 59,225/yr12 months · AED 61 per sqft
18 Sep 2021RentedNew contract
AED 51,500/yr12 months · AED 53 per sqft
18 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 49 per sqft
15 Sep 2019RentedRenewal
AED 60,000/yr12 months · AED 61 per sqft
15 Sep 2018RentedRenewal
AED 70,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
25th of 84
Parking
P2-85
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.34M · August 2024
Building
Torch Tower

About 2502, Torch Tower

2502 is a one-bedroom apartment of 978 sqft on the 25th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 8 August 2024 for AED 1,340,000, or AED 1,369 per sqft, in line with the AED 1,369 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 September 2023, is AED 65,148 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, 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, March 2009: AED 1,166,231 (AED 1,192 per sqft)Sold, January 2024: AED 1,000,000 (AED 1,022 per sqft)Sold, August 2024: AED 1,340,000 (AED 1,369 per sqft)

2502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2502, each contractTypical one-bed in Torch Tower
50K75K100K2012201620202024Typical 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, July 2013: AED 80,000 a yearNew contract, July 2014: AED 88,000 a yearNew contract, July 2015: AED 92,400 a yearNew contract, July 2016: AED 92,400 a yearNew contract, September 2017: AED 75,000 a yearRenewal, September 2018: AED 70,000 a yearRenewal, September 2019: AED 60,000 a yearNew contract, September 2020: AED 48,000 a yearNew contract, September 2021: AED 51,500 a yearRenewal, September 2022: AED 59,225 a yearRenewal, September 2023: AED 65,148 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 2502 sits

All 220 1-beds →

2502 last sold in August 2024 at AED 1,369 per sqft, in line with what one-beds in Torch Tower were fetching at the time (AED 1,369). 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. 2502's AED 65,148 is in the lower 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 25th floor

All 675 units in Torch Tower
Value
25011-bedAED 830K · Dec 2011
25032-bedAED 1.52M · May 2009
25041-bedAED 814K · Mar 2012
25051-bedAED 1.17M · Apr 2009
25062-bedAED 1.68M · Aug 2009
25071-bedAED 1.45M · Oct 2013
25081-bedAED 1.45M · Aug 2026
1–7 of 11

2502, Torch Tower in numbers

  • Sold 3 times: first on 1 March 2009 for AED 1,166,231, last on 8 August 2024 for AED 1,340,000 (AED 1,369 per sqft).
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2020 and recovered to AED 65,148 by September 2023.
  • At AED 65,148 a year the gross yield on the 2024 price is 4.9%, 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 8 August 2024.

Questions about 2502, Torch Tower

What did unit 2502 last sell for?

AED 1,340,000 on 8 August 2024: AED 1,369 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,166,231 in March 2009.

What is the rent for unit 2502?

AED 65,148 a year on the contract renewed on 18 September 2023. The previous contract, from September 2022, was AED 59,225; the unit has been rented since July 2013.

How big is unit 2502?

978 sqft (90.9 sqm): a one-bedroom apartment on the 25th floor of a 84-storey tower completed in 2011.

What is unit 2502 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 2502, Torch Tower

Starts from the last sale price (AED 1.34M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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