3403, Torch Tower
Sold prices and rental history: sold twice, last in April 2024, 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 3403, Torch Tower
What is 3403 worth today?
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Source: Dubai Land Department. Updated 6 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 34th of 84
- Parking
- P1-71
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.43M · April 2024
- Building
- Torch Tower
About 3403, Torch Tower
3403 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 6 April 2024 for AED 1,430,000, or AED 1,136 per sqft, 7% below the AED 1,221 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 18 April 2022, is AED 72,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 26,700 a year.
Sales and rents for 3403 over time
3403 has sold twice; 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 3403 sits
All 404 2-beds →3403 last sold in April 2024 at AED 1,136 per sqft, 7% below what two-beds in Torch Tower were fetching at the time (AED 1,221). 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. 3403's AED 72,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,258 sqft | AED 1.2MAED 1,200,000 · Feb 2019February 2019 | 63,000 /yr | |
| 3402 | 2-bed | 1,258 sqft | AED 1.22MAED 1,220,000 · Feb 2013February 2013 | 90,000 /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 |
3403, Torch Tower in numbers
- Sold twice: first on 13 May 2009 for AED 1,754,630, last on 6 April 2024 for AED 1,430,000 (AED 1,136 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 72,000 by April 2022.
- At AED 72,000 a year the gross yield on the 2024 price is 5.0%, 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 6 April 2024.
Questions about 3403, Torch Tower
What did unit 3403 last sell for?
AED 1,430,000 on 6 April 2024: AED 1,136 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,754,630 in May 2009.
What is the rent for unit 3403?
AED 72,000 a year on the contract renewed on 18 April 2022. The previous contract, from April 2021, was AED 60,000; the unit has been rented since September 2013.
How big is unit 3403?
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 3403 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 3403, Torch Tower
Starts from the last sale price (AED 1.43M, 6 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,430,000
- Deposit, UAE resident (20%)
- AED 286,000
- Deposit, non-resident (40%)
- AED 572,000
- Monthly over 25 years at 3.7%
- AED 5,851
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →