1-bed · 887 sqftTorch Tower, Dubai Marina · 27th floor · completed 2011

2704, Torch Tower

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 845K7 March 2012
Current rentAED 83K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Torch Tower

What is 2704 worth today?

Last sold for AED 844,764 in 2012

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25 Jan 2025RentedNew contract
AED 82,500/yr12 months · AED 93 per sqft
25 Jan 2025RentedNew contract
AED 82,500/yr12 months · AED 93 per sqft
25 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
25 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
25 Dec 2020RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft
5 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
7 Mar 2012SoldReady
AED 844,764AED 952 per sqft
9 Aug 2009Sold by developerOff-plan
AED 844,764AED 952 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
27th of 84
Parking
P1-17
Developer
Torch Select
Completed
2011
Service charge
AED 18,800 /yr
Last sold
AED 845K · March 2012
Building
Torch Tower

About 2704, Torch Tower

2704 is a one-bedroom apartment of 887 sqft on the 27th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 7 March 2012 for AED 844,764, or AED 952 per sqft, 8% above the AED 885 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 25 January 2025, is AED 82,500 a year: a gross yield of 9.8% on the 2012 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, August 2009: AED 844,764 (AED 952 per sqft)Sold, March 2012: AED 844,764 (AED 952 per sqft)

2704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, 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, October 2019: AED 60,000 a yearNew contract, December 2020: AED 44,000 a yearNew contract, January 2024: AED 75,000 a yearNew contract, January 2024: AED 75,000 a yearNew contract, January 2025: AED 82,500 a yearNew contract, January 2025: AED 82,500 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 2704 sits

All 220 1-beds →

2704 last sold in March 2012 at AED 952 per sqft, 8% above what one-beds in Torch Tower were fetching at the time (AED 885). 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. 2704's AED 82,500 is in the upper 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 27th floor

All 675 units in Torch Tower
Value
27011-bedAED 807K · Mar 2012
27021-bedAED 917K · Feb 2013
27032-bedAED 1.11M · Dec 2011
27051-bedAED 1.2M · Feb 2015
27062-bedAED 740K · Oct 2020
27071-bedAED 1.25M · Sep 2024
27081-bedAED 1.17M · Feb 2025
1–7 of 11

2704, Torch Tower in numbers

  • Sold twice: first on 9 August 2009 for AED 844,764, last on 7 March 2012 for AED 844,764 (AED 952 per sqft).
  • Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 44,000 in 2020 and recovered to AED 82,500 by January 2025.
  • At AED 82,500 a year the gross yield on the 2012 price is 9.8%, before a service charge of about AED 18,800 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 25 January 2025.

Questions about 2704, Torch Tower

What did unit 2704 last sell for?

AED 844,764 on 7 March 2012: AED 952 per sqft for 887 sqft. The unit has 2 registered sales; the first was AED 844,764 in August 2009.

What is the rent for unit 2704?

AED 82,500 a year on the contract signed on 25 January 2025. The previous contract, from January 2025, was AED 82,500; the unit has been rented since October 2019.

How big is unit 2704?

887 sqft (82.4 sqm): a one-bedroom apartment on the 27th floor of a 84-storey tower completed in 2011.

What is unit 2704 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 2704, Torch Tower

Starts from the last sale price (AED 845K, 7 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 844,764
Deposit, UAE resident (20%)
AED 168,953
Deposit, non-resident (40%)
AED 337,906
Monthly over 25 years at 3.7%
AED 3,456

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