3401, Torch Tower
Sold prices and rental history: sold 5 times, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3401, Torch Tower
What is 3401 worth today?
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Source: Dubai Land Department. Updated 2 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 34th of 84
- Parking
- P1-69
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.2M · February 2019
- Building
- Torch Tower
About 3401, Torch Tower
3401 is a two-bedroom apartment of 1,258 sqft on the 34th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 7 February 2019 for AED 1,200,000, or AED 953 per sqft, 6% above the AED 896 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 2 May 2022, is AED 63,000 a year: a gross yield of 5.3% on the 2019 price, before the service charge of about AED 26,700 a year.
Sales and rents for 3401 over time
3401 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 3401 sits
All 404 2-beds →3401 last sold in February 2019 at AED 953 per sqft, 6% above what two-beds in Torch Tower were fetching at the time (AED 896). 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. 3401's AED 63,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 19 Oct 202619 October 2026 | 1,198 sqft | 1,790,000 | 1,493 | ||
| 7 Oct 20267 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 23 Sep 202623 September 2026 | 1,258 sqft | 1,700,000 | 1,350 |
Torch Tower
Building675 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%
Other units on the 34th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3402 | 2-bed | 1,258 sqft | AED 1.22MAED 1,220,000 · Feb 2013February 2013 | 90,000 /yr | |
| 3403 | 2-bed | 1,258 sqft | AED 1.43MAED 1,430,000 · Apr 2024April 2024 | 72,000 /yr | |
| 3404 | 2-bed | 1,258 sqft | AED 1.65MAED 1,650,000 · Feb 2025February 2025 | 145,000 /yr | |
| 3405 | 2-bed | 629 sqft | AED 800KAED 800,000 · Jul 2014July 2014 | 120,000 /yr | |
| 3406 | 2-bed | 1,258 sqft | AED 1.5MAED 1,499,218 · Jul 2012July 2012 | ||
| 3407 | 2-bed | 1,258 sqft | AED 1.79MAED 1,790,455 · Apr 2009April 2009 | 90,000 /yr | |
| 3408 | 2-bed | 1,258 sqft | AED 1.23MAED 1,225,000 · May 2018May 2018 | 115,500 /yr |
3401, Torch Tower in numbers
- Sold 5 times: first on 13 May 2009 for AED 1,566,290, last on 7 February 2019 for AED 1,200,000 (AED 953 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 178,022 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2019 price is 5.3%, 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 2 May 2022.
Questions about 3401, Torch Tower
What did unit 3401 last sell for?
AED 1,200,000 on 7 February 2019: AED 953 per sqft for 1,258 sqft. The unit has 5 registered sales; the first was AED 1,566,290 in May 2009.
What is the rent for unit 3401?
AED 63,000 a year on the contract renewed on 2 May 2022. The previous contract, from April 2021, was AED 59,000; the unit has been rented since August 2013.
How big is unit 3401?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 34th floor of a 84-storey tower completed in 2011.
What is unit 3401 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 3401, Torch Tower
Starts from the last sale price (AED 1.2M, 7 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →