2-bed · 1,258 sqftTorch Tower, Dubai Marina · 40th floor · completed 2011

4007, Torch Tower

Sold prices and rental history: sold 3 times, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4007 · DLD and Ejari recordsUpdated 11 March 2022
Last soldAED 1.14M14 October 2012
Current rentAED 90K /yr11 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4007, Torch Tower

What is 4007 worth today?

Last sold for AED 1,143,000 in 2012

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11 Mar 2022RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
31 Jan 2021RentedRenewal
AED 75,000/yr12 months · AED 60 per sqft
31 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
15 Dec 2018RentedRenewal
AED 85,000/yr12 months · AED 67 per sqft
15 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
30 Nov 2016RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
26 Nov 2015RentedNew contract
AED 122,500/yr12 months · AED 97 per sqft
1 Nov 2013RentedNew contract
AED 118,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 11 March 2022.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
40th of 84
Parking
B4-28
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.14M · October 2012
Building
Torch Tower

About 4007, Torch Tower

4007 is a two-bedroom apartment of 1,258 sqft on the 40th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 14 October 2012 for AED 1,143,000, or AED 908 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 11 March 2022, is AED 90,000 a year: a gross yield of 7.9% on the 2012 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4007 over time

Sales
Unit 4007, 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, October 2012: AED 1,143,000 (AED 908 per sqft)Sold, October 2012: AED 1,118,187 (AED 888 per sqft)

4007 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4007, 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 115,500New contract, November 2013: AED 118,000 a yearNew contract, November 2015: AED 122,500 a yearNew contract, November 2016: AED 110,000 a yearNew contract, December 2017: AED 85,000 a yearRenewal, December 2018: AED 85,000 a yearNew contract, January 2020: AED 80,000 a yearRenewal, January 2021: AED 75,000 a yearNew contract, March 2022: AED 90,000 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 4007 sits

All 404 2-beds →

4007 last sold in October 2012 at AED 908 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 924). 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. 4007's AED 90,000 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 40th floor

All 675 units in Torch Tower
Value
40012-bedAED 1.6M · May 2009
40022-bedAED 1.05M · Apr 2022
40032-bedAED 970K · May 2021
40042-bedAED 1.7M · Aug 2025
40052-bedAED 1.25M · Mar 2012
40062-bedAED 1.25M · Nov 2022
40082-bedAED 2M · Oct 2025

4007, Torch Tower in numbers

  • Sold 3 times: first on 6 April 2010 for AED 1,143,000, last on 14 October 2012 for AED 1,143,000 (AED 908 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 118,000 to AED 75,000 in 2021 and recovered to AED 90,000 by March 2022.
  • At AED 90,000 a year the gross yield on the 2012 price is 7.9%, 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 11 March 2022.

Questions about 4007, Torch Tower

What did unit 4007 last sell for?

AED 1,143,000 on 14 October 2012: AED 908 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,143,000 in April 2010.

What is the rent for unit 4007?

AED 90,000 a year on the contract signed on 11 March 2022. The previous contract, from January 2021, was AED 75,000; the unit has been rented since November 2013.

How big is unit 4007?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 40th floor of a 84-storey tower completed in 2011.

What is unit 4007 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 4007, Torch Tower

Starts from the last sale price (AED 1.14M, 14 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,143,000
Deposit, UAE resident (20%)
AED 228,600
Deposit, non-resident (40%)
AED 457,200
Monthly over 25 years at 3.7%
AED 4,676

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