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

3408, Torch Tower

Sold prices and rental history: sold 4 times, last in May 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.23M21 May 2018
Current rentAED 116K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Torch Tower

What is 3408 worth today?

Last sold for AED 1,225,000 in 2018

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1 Aug 2025RentedRenewal
AED 115,500/yr12 months · AED 92 per sqft
1 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
1 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
16 May 2023RentedRenewal
AED 90,000/yr12 months · AED 71 per sqft
16 May 2022RentedRenewal
AED 78,000/yr12 months · AED 62 per sqft
16 May 2021RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
22 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
15 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
34th of 84
Parking
P1-76
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.23M · May 2018
Building
Torch Tower

About 3408, Torch Tower

3408 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 21 May 2018 for AED 1,225,000, or AED 973 per sqft, in line with the AED 971 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 115,500 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 26,700 a year.

Sales and rents for 3408 over time

Sales
Unit 3408, 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, April 2010: AED 1,143,000 (AED 908 per sqft)Sold, December 2012: AED 1,143,000 (AED 908 per sqft)Sold, August 2013: AED 767,500 (AED 609 per sqft)Sold, May 2018: AED 1,225,000 (AED 973 per sqft)

3408 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3408, each contractTypical two-bed in Torch Tower
100K150K2012201620202024Typical 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, December 2014: AED 135,850 a yearNew contract, December 2015: AED 142,642 a yearNew contract, December 2016: AED 142,642 a yearNew contract, July 2018: AED 80,000 a yearNew contract, September 2019: AED 75,000 a yearNew contract, May 2021: AED 65,000 a yearRenewal, May 2022: AED 78,000 a yearRenewal, May 2023: AED 90,000 a yearNew contract, August 2024: AED 110,000 a yearNew contract, August 2024: AED 110,000 a yearRenewal, August 2025: AED 115,500 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 3408 sits

All 404 2-beds →

3408 last sold in May 2018 at AED 973 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 971). 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. 3408's AED 115,500 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 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
34062-bedAED 1.5M · Jul 2012
34072-bedAED 1.79M · Apr 2009

3408, Torch Tower in numbers

  • Sold 4 times: first on 6 April 2010 for AED 1,143,000, last on 21 May 2018 for AED 1,225,000 (AED 973 per sqft).
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 135,850 to AED 65,000 in 2021 and recovered to AED 115,500 by August 2025.
  • At AED 115,500 a year the gross yield on the 2018 price is 9.4%, 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 1 August 2025.

Questions about 3408, Torch Tower

What did unit 3408 last sell for?

AED 1,225,000 on 21 May 2018: AED 973 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,143,000 in April 2010.

What is the rent for unit 3408?

AED 115,500 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 110,000; the unit has been rented since December 2014.

How big is unit 3408?

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 3408 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 3408, Torch Tower

Starts from the last sale price (AED 1.23M, 21 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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