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2-bed · 1,258 sqftTorch Tower, Dubai Marina · 42nd floor · completed 2011

4204, Torch Tower

Sold prices and rental history: sold twice, last in November 2016, and rented once, from November 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4204 · DLD and Ejari recordsUpdated 23 November 2016
Last soldAED 1.83M23 November 2016
Current rentAED 135K /yr1 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4204, Torch Tower

What is 4204 worth today?

Last sold for AED 1,830,000 in 2016

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23 Nov 2016SoldReady
AED 1,830,000AED 1,454 per sqft
1 Nov 2015RentedNew contract
AED 135,000/yr12 months · AED 107 per sqft
2 May 2012Sold by developerReady
AED 1,406,900AED 1,117 per sqft

Source: Dubai Land Department. Updated 23 November 2016.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
42nd of 84
Parking
B4-41
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.83M · November 2016
Building
Torch Tower

About 4204, Torch Tower

4204 is a two-bedroom apartment of 1,258 sqft on the 42nd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 23 November 2016 for AED 1,830,000, or AED 1,454 per sqft, 19% above the AED 1,221 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2015. The current contract, signed on 1 November 2015, is AED 135,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4204 over time

Sales
Unit 4204, each saleTypical two-bed in Torch Tower
1M1.5M2M2009201420192024Typical 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 2012: AED 1,406,900 (AED 1,117 per sqft)Sold, November 2016: AED 1,830,000 (AED 1,454 per sqft)

4204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4204, 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 2015: AED 135,000 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 4204 sits

All 404 2-beds →

4204 last sold in November 2016 at AED 1,454 per sqft, 19% above 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. 4204's AED 135,000 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 42nd floor

All 675 units in Torch Tower
Value
42012-bedAED 1.61M · Jun 2014
42022-bedAED 1.02M · Apr 2012
42032-bedAED 1.83M · Apr 2009
42052-bedAED 1.19M · May 2012
42062-bedAED 1.25M · Oct 2022
42072-bedAED 1.88M · Feb 2026
42082-bedAED 1.04M · Aug 2021

4204, Torch Tower in numbers

  • Sold twice: first on 2 May 2012 for AED 1,406,900, last on 23 November 2016 for AED 1,830,000 (AED 1,454 per sqft).
  • Rented since November 2015 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2016 price is 7.4%, 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 23 November 2016.

Questions about 4204, Torch Tower

What did unit 4204 last sell for?

AED 1,830,000 on 23 November 2016: AED 1,454 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,406,900 in May 2012.

What is the rent for unit 4204?

AED 135,000 a year on the contract signed on 1 November 2015.

How big is unit 4204?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 42nd floor of a 84-storey tower completed in 2011.

What is unit 4204 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 4204, Torch Tower

Starts from the last sale price (AED 1.83M, 23 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

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