2602, Torch Tower
Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2602, Torch Tower
What is 2602 worth today?
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Source: Dubai Land Department. Updated 13 February 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 26th of 84
- Parking
- P1-3
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.36M · February 2014
- Building
- Torch Tower
About 2602, Torch Tower
2602 is a one-bedroom apartment of 978 sqft on the 26th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 10 February 2014 for AED 1,355,535, or AED 1,385 per sqft, 11% above the AED 1,249 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 13 February 2020, is AED 67,664 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 20,700 a year.
Sales and rents for 2602 over time
2602 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 2602 sits
All 220 1-beds →2602 last sold in February 2014 at AED 1,385 per sqft, 11% above what one-beds in Torch Tower were fetching at the time (AED 1,249). 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. 2602's AED 67,664 is in the lower 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 26th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 978 sqft | AED 700KAED 700,000 · Apr 2021April 2021 | 140,000 /yr | |
| 2603 | 2-bed | 1,198 sqft | AED 1MAED 1,000,000 · Jul 2021July 2021 | 130,000 /yr | |
| 2604 | 1-bed | 887 sqft | AED 756KAED 756,000 · Dec 2011December 2011 | 84,930 /yr | |
| 2605 | 1-bed | 887 sqft | AED 1.45MAED 1,450,000 · May 2024May 2024 | 92,000 /yr | |
| 2606 | 2-bed | 1,198 sqft | AED 1.35MAED 1,350,000 · Apr 2018April 2018 | 130,000 /yr | |
| 2607 | 1-bed | 978 sqft | AED 550KAED 550,000 · Aug 2020August 2020 | 90,000 /yr | |
| 2608 | 1-bed | 978 sqft | AED 1.2MAED 1,198,136 · Mar 2013March 2013 | 50,000 /yr | |
| 2609 | 2-bed | 1,198 sqft | AED 1.5MAED 1,500,000 · Apr 2025April 2025 | 109,250 /yr | |
| 2610 | 1-bed | 887 sqft | AED 1.25MAED 1,250,000 · Feb 2017February 2017 | 60,000 /yr | |
| 2611 | 1-bed | 887 sqft | AED 1.22MAED 1,217,573 · Aug 2009August 2009 | 65,000 /yr | |
| 2612 | 2-bed | 1,198 sqft | AED 1.26MAED 1,263,972 · May 2013May 2013 | 120,000 /yr |
2602, Torch Tower in numbers
- Sold 3 times: first on 3 February 2010 for AED 1,176,257, last on 10 February 2014 for AED 1,355,535 (AED 1,385 per sqft).
- Rented since April 2013 on 6 Ejari contracts, from AED 75,000 to AED 67,664 a year.
- At AED 67,664 a year the gross yield on the 2014 price is 5.0%, 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 13 February 2020.
Questions about 2602, Torch Tower
What did unit 2602 last sell for?
AED 1,355,535 on 10 February 2014: AED 1,385 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,176,257 in February 2010.
What is the rent for unit 2602?
AED 67,664 a year on the contract signed on 13 February 2020. The previous contract, from January 2018, was AED 75,000; the unit has been rented since April 2013.
How big is unit 2602?
978 sqft (90.9 sqm): a one-bedroom apartment on the 26th floor of a 84-storey tower completed in 2011.
What is unit 2602 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 2602, Torch Tower
Starts from the last sale price (AED 1.36M, 10 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,355,535
- Deposit, UAE resident (20%)
- AED 271,107
- Deposit, non-resident (40%)
- AED 542,214
- Monthly over 25 years at 3.7%
- AED 5,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →