2-bed · 1,258 sqftTorch Tower, Dubai Marina · 32nd floor · completed 2011

3207, Torch Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3207 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.75M13 May 2009
Current rentAED 103K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3207, Torch Tower

What is 3207 worth today?

Last sold for AED 1,745,105 in 2009

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15 Nov 2024RentedRenewal
AED 103,155/yr12 months · AED 82 per sqft
15 Nov 2024RentedRenewal
AED 103,155/yr12 months · AED 82 per sqft
15 Nov 2023RentedRenewal
AED 89,700/yr12 months · AED 71 per sqft
15 Nov 2023RentedRenewal
AED 89,700/yr12 months · AED 71 per sqft
15 Nov 2022RentedRenewal
AED 78,000/yr12 months · AED 62 per sqft
15 Nov 2021RentedRenewal
AED 65,000/yr12 months · AED 52 per sqft
15 Nov 2020RentedNew contract
AED 55,000/yr12 months · AED 44 per sqft
1 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
32nd of 84
Parking
P1-60
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.75M · May 2009
Building
Torch Tower

About 3207, Torch Tower

3207 is a two-bedroom apartment of 1,258 sqft on the 32nd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 13 May 2009 for AED 1,745,105, or AED 1,386 per sqft, 12% above the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 103,155 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 26,700 a year.

Sales and rents for 3207 over time

Sales
Unit 3207, each saleTypical two-bed in Torch Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,518,879; 2010 AED 1,143,000; 2011 AED 1,140,000; 2012 AED 1,152,983; 2013 AED 1,477,623; 2014 AED 1,797,500; 2015 AED 1,660,000; 2016 AED 1,505,000; 2017 AED 1,250,000; 2018 AED 975,000; 2019 AED 950,000; 2020 AED 850,000; 2021 AED 1,000,000; 2022 AED 1,250,000; 2023 AED 1,450,000; 2024 AED 1,650,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, May 2009: AED 1,745,105 (AED 1,386 per sqft)

3207 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3207, each contractTypical two-bed in Torch Tower
50K100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 110,000; 2018 AED 85,500; 2019 AED 78,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 80,000; 2023 AED 99,000; 2024 AED 118,000; 2025 AED 120,000; 2026 AED 115,500New contract, August 2013: AED 84,000 a yearNew contract, October 2014: AED 70,000 a yearRenewal, October 2015: AED 147,000 a yearNew contract, November 2016: AED 125,000 a yearRenewal, November 2017: AED 95,000 a yearNew contract, December 2018: AED 80,000 a yearRenewal, December 2019: AED 80,000 a yearNew contract, November 2020: AED 55,000 a yearRenewal, November 2021: AED 65,000 a yearRenewal, November 2022: AED 78,000 a yearRenewal, November 2023: AED 89,700 a yearRenewal, November 2023: AED 89,700 a yearRenewal, November 2024: AED 103,155 a yearRenewal, November 2024: AED 103,155 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Torch Tower, and where 3207 sits

All 404 2-beds →

3207 last sold in May 2009 at AED 1,386 per sqft, 12% above what two-beds in Torch Tower were fetching at the time (AED 1,239). Over the last 12 months two-beds sold for AED 1,500,000 to 2,300,000, around AED 1,493 per sqft, and rent for AED 70,000 to 245,000 a year. 3207's AED 103,155 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,650,000
19 Oct 20261,790,000
7 Oct 20261,650,000
23 Sep 20261,700,000
24 2-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 32nd floor

All 675 units in Torch Tower
Value
32012-bedAED 1.41M · Jul 2012
32022-bedAED 1.03M · Dec 2011
32032-bedAED 1.9M · May 2015
32042-bedAED 1.49M · Apr 2013
32052-bedAED 2M · Jan 2014
32062-bedAED 1.22M · Mar 2012
32082-bedAED 2.15M · Oct 2014

3207, Torch Tower in numbers

  • Sold once: by Torch Select on 13 May 2009 for AED 1,745,105, or AED 1,386 per sqft.
  • Rented since August 2013 on 14 Ejari contracts. The rent fell from AED 84,000 to AED 55,000 in 2020 and recovered to AED 103,155 by November 2024.
  • At AED 103,155 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 26,700 a year (AED 21.19 per sqft).
  • Two-beds in Torch Tower sold for AED 1,500,000–2,300,000 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 15 November 2024.

Questions about 3207, Torch Tower

What did unit 3207 last sell for?

AED 1,745,105 on 13 May 2009, sold by the developer: AED 1,386 per sqft for 1,258 sqft. It is the only registered sale of the unit.

What is the rent for unit 3207?

AED 103,155 a year on the contract renewed on 15 November 2024. The previous contract, from November 2024, was AED 103,155; the unit has been rented since August 2013.

How big is unit 3207?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 32nd floor of a 84-storey tower completed in 2011.

What is unit 3207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Torch Tower sold for AED 1,500,000 to 2,300,000 in the last 12 months, around AED 1,493 per sqft.

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Mortgage on 3207, Torch Tower

Starts from the last sale price (AED 1.75M, 13 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,745,105
Deposit, UAE resident (20%)
AED 349,021
Deposit, non-resident (40%)
AED 698,042
Monthly over 25 years at 3.7%
AED 7,140

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