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1-bed · 978 sqftTorch Tower, Dubai Marina · 28th floor · completed 2011

2802, Torch Tower

Sold prices and rental history: sold 4 times, last in May 2016, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 18 May 2016
Last soldAED 1.16M18 May 2016
Current rentAED 85K /yr1 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2802, Torch Tower

What is 2802 worth today?

Last sold for AED 1,160,000 in 2016

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18 May 2016SoldReady
AED 1,160,000AED 1,185 per sqft
3 Apr 2014SoldReady
AED 1,350,000AED 1,380 per sqft
1 Nov 2013RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
22 Dec 2011SoldReady
AED 894,002AED 914 per sqft
13 May 2009Sold by developerOff-plan
AED 894,002AED 914 per sqft

Source: Dubai Land Department. Updated 18 May 2016.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
28th of 84
Parking
P1-27
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.16M · May 2016
Building
Torch Tower

About 2802, Torch Tower

2802 is a one-bedroom apartment of 978 sqft on the 28th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 18 May 2016 for AED 1,160,000, or AED 1,185 per sqft, 5% below the AED 1,249 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2013. The current contract, signed on 1 November 2013, is AED 85,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, 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, May 2009: AED 894,002 (AED 914 per sqft)Sold, December 2011: AED 894,002 (AED 914 per sqft)Sold, April 2014: AED 1,350,000 (AED 1,380 per sqft)Sold, May 2016: AED 1,160,000 (AED 1,185 per sqft)

2802 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2802, each contractTypical one-bed in Torch Tower
60K80K100K2012201620202024Typical 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, November 2013: AED 85,000 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 2802 sits

All 220 1-beds →

2802 last sold in May 2016 at AED 1,185 per sqft, 5% below 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. 2802's AED 85,000 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 28th floor

All 675 units in Torch Tower
Value
28011-bedAED 1.32M · Oct 2025
28032-bedAED 1.68M · Apr 2009
28041-bedAED 1.28M · Apr 2009
28051-bedAED 1.18M · Apr 2023
28062-bedAED 1.55M · Mar 2023
28071-bedAED 1.22M · May 2016
28081-bedAED 1.36M · Feb 2016
1–7 of 11

2802, Torch Tower in numbers

  • Sold 4 times: first on 13 May 2009 for AED 894,002, last on 18 May 2016 for AED 1,160,000 (AED 1,185 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 7.3%, 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 18 May 2016.

Questions about 2802, Torch Tower

What did unit 2802 last sell for?

AED 1,160,000 on 18 May 2016: AED 1,185 per sqft for 978 sqft. The unit has 4 registered sales; the first was AED 894,002 in May 2009.

What is the rent for unit 2802?

AED 85,000 a year on the contract signed on 1 November 2013.

How big is unit 2802?

978 sqft (90.9 sqm): a one-bedroom apartment on the 28th floor of a 84-storey tower completed in 2011.

What is unit 2802 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 2802, Torch Tower

Starts from the last sale price (AED 1.16M, 18 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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