1-bed · 978 sqftTorch Tower, Dubai Marina · 26th floor · completed 2011

2608, Torch Tower

Sold prices and rental history: sold 3 times, last in March 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2608 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 1.2M19 March 2013
Current rentAED 50K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2608, Torch Tower

What is 2608 worth today?

Last sold for AED 1,198,136 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
10 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
5 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
6 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
19 Jan 2017RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
19 Mar 2013SoldReady
AED 1,198,136AED 1,224 per sqft
6 Mar 2012SoldReady
AED 1,149,600AED 1,175 per sqft
15 Mar 2009Sold by developerOff-plan
AED 1,149,600AED 1,175 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
26th of 84
Parking
P1-9
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.2M · March 2013
Building
Torch Tower

About 2608, Torch Tower

2608 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 19 March 2013 for AED 1,198,136, or AED 1,224 per sqft, 27% above the AED 962 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 November 2020, is AED 50,000 a year: a gross yield of 4.2% on the 2013 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2608 over time

Sales
Unit 2608, 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 1,149,600 (AED 1,175 per sqft)Sold, March 2012: AED 1,149,600 (AED 1,175 per sqft)Sold, March 2013: AED 1,198,136 (AED 1,224 per sqft)

2608 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2608, 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, January 2017: AED 95,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, December 2019: AED 60,000 a yearNew contract, November 2020: AED 50,000 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 2608 sits

All 220 1-beds →

2608 last sold in March 2013 at AED 1,224 per sqft, 27% above what one-beds in Torch Tower were fetching at the time (AED 962). 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. 2608's AED 50,000 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 26th floor

All 675 units in Torch Tower
Value
26011-bedAED 700K · Apr 2021
26021-bedAED 1.36M · Feb 2014
26032-bedAED 1M · Jul 2021
26041-bedAED 756K · Dec 2011
26051-bedAED 1.45M · May 2024
26062-bedAED 1.35M · Apr 2018
26071-bedAED 550K · Aug 2020
1–7 of 11

2608, Torch Tower in numbers

  • Sold 3 times: first on 15 March 2009 for AED 1,149,600, last on 19 March 2013 for AED 1,198,136 (AED 1,224 per sqft).
  • Rented since January 2017 on 5 Ejari contracts, from AED 95,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2013 price is 4.2%, 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 1 November 2020.

Questions about 2608, Torch Tower

What did unit 2608 last sell for?

AED 1,198,136 on 19 March 2013: AED 1,224 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,149,600 in March 2009.

What is the rent for unit 2608?

AED 50,000 a year on the contract signed on 1 November 2020. The previous contract, from December 2019, was AED 60,000; the unit has been rented since January 2017.

How big is unit 2608?

978 sqft (90.9 sqm): a one-bedroom apartment on the 26th floor of a 84-storey tower completed in 2011.

What is unit 2608 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.

Selling 2608? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2608, Torch Tower

Starts from the last sale price (AED 1.2M, 19 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,198,136
Deposit, UAE resident (20%)
AED 239,627
Deposit, non-resident (40%)
AED 479,254
Monthly over 25 years at 3.7%
AED 4,902

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