1-bed · 978 sqftTorch Tower, Dubai Marina · 27th floor · completed 2011

2707, Torch Tower

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

Unit 2707 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 1.25M11 September 2024
Current rentAED 67K /yr4 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, Torch Tower

What is 2707 worth today?

Last sold for AED 1,250,000 in 2024

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11 Sep 2024SoldReady
AED 1,250,000AED 1,277 per sqft
4 Mar 2024RentedRenewal
AED 66,792/yr12 months · AED 68 per sqft
4 Mar 2023RentedRenewal
AED 60,720/yr12 months · AED 62 per sqft
4 Mar 2022RentedRenewal
AED 55,200/yr12 months · AED 56 per sqft
4 Mar 2021RentedRenewal
AED 48,000/yr12 months · AED 49 per sqft
4 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
17 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
5 Feb 2018RentedRenewal
AED 78,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 11 September 2024.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
27th of 84
Parking
P1-20
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.25M · September 2024
Building
Torch Tower

About 2707, Torch Tower

2707 is a one-bedroom apartment of 978 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 11 September 2024 for AED 1,250,000, or AED 1,277 per sqft, 7% below the AED 1,375 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 4 March 2024, is AED 66,792 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2707 over time

Sales
Unit 2707, 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 878,007 (AED 897 per sqft)Sold, December 2011: AED 878,007 (AED 897 per sqft)Sold, September 2024: AED 1,250,000 (AED 1,277 per sqft)

2707 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2707, 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 2013: AED 80,000 a yearNew contract, January 2014: AED 80,000 a yearRenewal, January 2015: AED 88,000 a yearRenewal, January 2016: AED 92,400 a yearNew contract, February 2017: AED 90,000 a yearRenewal, February 2018: AED 78,000 a yearNew contract, February 2019: AED 70,000 a yearNew contract, March 2020: AED 60,000 a yearRenewal, March 2021: AED 48,000 a yearRenewal, March 2022: AED 55,200 a yearRenewal, March 2023: AED 60,720 a yearRenewal, March 2024: AED 66,792 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 2707 sits

All 220 1-beds →

2707 last sold in September 2024 at AED 1,277 per sqft, 7% below what one-beds in Torch Tower were fetching at the time (AED 1,375). 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. 2707's AED 66,792 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 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
27041-bedAED 845K · Mar 2012
27051-bedAED 1.2M · Feb 2015
27062-bedAED 740K · Oct 2020
27081-bedAED 1.17M · Feb 2025
1–7 of 11

2707, Torch Tower in numbers

  • Sold 3 times: first on 1 March 2009 for AED 878,007, last on 11 September 2024 for AED 1,250,000 (AED 1,277 per sqft).
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 66,792 by March 2024.
  • At AED 66,792 a year the gross yield on the 2024 price is 5.3%, 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 11 September 2024.

Questions about 2707, Torch Tower

What did unit 2707 last sell for?

AED 1,250,000 on 11 September 2024: AED 1,277 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 878,007 in March 2009.

What is the rent for unit 2707?

AED 66,792 a year on the contract renewed on 4 March 2024. The previous contract, from March 2023, was AED 60,720; the unit has been rented since January 2013.

How big is unit 2707?

978 sqft (90.9 sqm): a one-bedroom apartment on the 27th floor of a 84-storey tower completed in 2011.

What is unit 2707 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 2707, Torch Tower

Starts from the last sale price (AED 1.25M, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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