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2-bed · 1,258 sqftTorch Tower, Dubai Marina · 34th floor · completed 2011

3406, Torch Tower

Sold prices and rental history: sold 3 times, last in July 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 22 July 2012
Last soldAED 1.35M22 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3406, Torch Tower

What is 3406 worth today?

Last sold for AED 1,350,000 in 2012

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22 Jul 2012SoldReady
AED 1,350,000AED 1,072 per sqft
22 Jul 2012SoldReady
AED 1,499,218AED 1,191 per sqft
13 May 2009Sold by developerOff-plan
AED 1,671,591AED 1,328 per sqft

Source: Dubai Land Department. Updated 22 July 2012.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
34th of 84
Parking
P1-74
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.35M · July 2012
Building
Torch Tower

About 3406, Torch Tower

3406 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 22 July 2012 for AED 1,350,000, or AED 1,072 per sqft, 16% above the AED 922 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3406 over time

Sales
Unit 3406, 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 1,671,591 (AED 1,328 per sqft)Sold, July 2012: AED 1,350,000 (AED 1,072 per sqft)Sold, July 2012: AED 1,499,218 (AED 1,191 per sqft)

3406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3406, each contractTypical two-bed in Torch Tower
100K2012201620202024Typical 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 115,500

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 3406 sits

All 404 2-beds →

3406 last sold in July 2012 at AED 1,072 per sqft, 16% above what two-beds in Torch Tower were fetching at the time (AED 922). 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.

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 34th floor

All 675 units in Torch Tower
Value
34012-bedAED 1.2M · Feb 2019
34022-bedAED 1.22M · Feb 2013
34032-bedAED 1.43M · Apr 2024
34042-bedAED 1.65M · Feb 2025
34052-bedAED 800K · Jul 2014
34072-bedAED 1.79M · Apr 2009
34082-bedAED 1.23M · May 2018

3406, Torch Tower in numbers

  • Sold 3 times: first on 13 May 2009 for AED 1,671,591, last on 22 July 2012 for AED 1,350,000 (AED 1,072 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 22 July 2012.

Questions about 3406, Torch Tower

What did unit 3406 last sell for?

AED 1,350,000 on 22 July 2012: AED 1,072 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,671,591 in May 2009.

How big is unit 3406?

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 3406 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 3406, Torch Tower

Starts from the last sale price (AED 1.35M, 22 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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