3506, Torch Tower
Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3506, Torch Tower
What is 3506 worth today?
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Source: Dubai Land Department. Updated 7 April 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 35th of 84
- Parking
- P1-82
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.16M · March 2012
- Building
- Torch Tower
About 3506, Torch Tower
3506 is a two-bedroom apartment of 1,258 sqft on the 35th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 26 March 2012 for AED 1,155,600, or AED 918 per sqft, in line with the AED 927 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 7 April 2019, is AED 90,000 a year: a gross yield of 7.8% on the 2012 price, before the service charge of about AED 26,700 a year.
Sales and rents for 3506 over time
3506 has sold once; 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 3506 sits
All 404 2-beds →3506 last sold in March 2012 at AED 918 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 927). 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. 3506's AED 90,000 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 35th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,258 sqft | AED 1.99MAED 1,990,000 · Aug 2026August 2026 | 107,000 /yr | |
| 3502 | 2-bed | 1,258 sqft | AED 1.2MAED 1,200,000 · Sep 2022September 2022 | 111,092 /yr | |
| 3503 | 2-bed | 1,258 sqft | AED 1.25MAED 1,253,630 · Mar 2012March 2012 | 110,000 /yr | |
| 3504 | 2-bed | 1,258 sqft | AED 2.09MAED 2,090,000 · Jun 2014June 2014 | 120,000 /yr | |
| 3505 | 2-bed | 1,258 sqft | AED 944KAED 943,500 · Apr 2021April 2021 | 150,000 /yr | |
| 3507 | 2-bed | 1,258 sqft | AED 1.13MAED 1,130,000 · Aug 2021August 2021 | 90,000 /yr | |
| 3508 | 2-bed | 1,258 sqft | AED 1.25MAED 1,250,000 · Nov 2012November 2012 |
3506, Torch Tower in numbers
- Sold once: by Torch Select on 26 March 2012 for AED 1,155,600, or AED 918 per sqft.
- Rented since June 2014 on 5 Ejari contracts, from AED 140,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2012 price is 7.8%, 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 7 April 2019.
Questions about 3506, Torch Tower
What did unit 3506 last sell for?
AED 1,155,600 on 26 March 2012, sold by the developer: AED 918 per sqft for 1,258 sqft. It is the only registered sale of the unit.
What is the rent for unit 3506?
AED 90,000 a year on the contract renewed on 7 April 2019. The previous contract, from January 2019, was AED 90,000; the unit has been rented since June 2014.
How big is unit 3506?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 35th floor of a 84-storey tower completed in 2011.
What is unit 3506 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 3506, Torch Tower
Starts from the last sale price (AED 1.16M, 26 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,155,600
- Deposit, UAE resident (20%)
- AED 231,120
- Deposit, non-resident (40%)
- AED 462,240
- Monthly over 25 years at 3.7%
- AED 4,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →