2-bed · 1,198 sqftTorch Tower, Dubai Marina · 25th floor · completed 2011

2506, Torch Tower

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 1.68M9 August 2009
Current rentAED 65K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Torch Tower

What is 2506 worth today?

Last sold for AED 1,675,632 in 2009

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1 Sep 2021RentedRenewal
AED 65,000/yr12 months · AED 54 per sqft
1 Sep 2020RentedNew contract
AED 63,000/yr12 months · AED 53 per sqft
1 Aug 2019RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
1 Aug 2018RentedNew contract
AED 82,000/yr12 months · AED 68 per sqft
10 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 79 per sqft
7 Apr 2016RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft
16 Jun 2015RentedNew contract
AED 124,200/yr12 months · AED 104 per sqft
16 Jun 2014RentedNew contract
AED 108,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
25th of 84
Parking
P2-89
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 1.68M · August 2009
Building
Torch Tower

About 2506, Torch Tower

2506 is a two-bedroom apartment of 1,198 sqft on the 25th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 9 August 2009 for AED 1,675,632, or AED 1,398 per sqft, 13% above the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 65,000 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 2506 over time

Sales
Unit 2506, each saleTypical two-bed in Torch Tower
1M1.5M2009201420192024Typical 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, August 2009: AED 1,675,632 (AED 1,398 per sqft)

2506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2506, each contractTypical two-bed in Torch Tower
100K2012201620202024Typical 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, June 2014: AED 108,000 a yearNew contract, June 2015: AED 124,200 a yearNew contract, April 2016: AED 125,000 a yearNew contract, August 2017: AED 95,000 a yearNew contract, August 2018: AED 82,000 a yearNew contract, August 2019: AED 80,000 a yearNew contract, September 2020: AED 63,000 a yearRenewal, September 2021: AED 65,000 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 2506 sits

All 404 2-beds →

2506 last sold in August 2009 at AED 1,398 per sqft, 13% above what two-beds in Torch Tower were fetching at the time (AED 1,239). 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. 2506's AED 65,000 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 25th floor

All 675 units in Torch Tower
Value
25011-bedAED 830K · Dec 2011
25021-bedAED 1.34M · Aug 2024
25032-bedAED 1.52M · May 2009
25041-bedAED 814K · Mar 2012
25051-bedAED 1.17M · Apr 2009
25071-bedAED 1.45M · Oct 2013
25081-bedAED 1.45M · Aug 2026
1–7 of 11

2506, Torch Tower in numbers

  • Sold once: by Torch Select on 9 August 2009 for AED 1,675,632, or AED 1,398 per sqft.
  • Rented since June 2014 on 8 Ejari contracts, from AED 108,000 to AED 65,000 a year.
  • At AED 65,000 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 1 September 2021.

Questions about 2506, Torch Tower

What did unit 2506 last sell for?

AED 1,675,632 on 9 August 2009, sold by the developer: AED 1,398 per sqft for 1,198 sqft. It is the only registered sale of the unit.

What is the rent for unit 2506?

AED 65,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 63,000; the unit has been rented since June 2014.

How big is unit 2506?

1,198 sqft (111.3 sqm): a two-bedroom apartment on the 25th floor of a 84-storey tower completed in 2011.

What is unit 2506 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 2506, Torch Tower

Starts from the last sale price (AED 1.68M, 9 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,632
Deposit, UAE resident (20%)
AED 335,126
Deposit, non-resident (40%)
AED 670,253
Monthly over 25 years at 3.7%
AED 6,856

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