2-bed · 1,258 sqftTorch Tower, Dubai Marina · 43rd floor · completed 2011

4304, Torch Tower

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4304 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 876K22 September 2020
Current rentAED 110K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4304, Torch Tower

What is 4304 worth today?

Last sold for AED 876,000 in 2020

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1 Jun 2024RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
1 Jun 2024RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
12 Oct 2023RentedRenewal
AED 87,120/yr12 months · AED 69 per sqft
12 Oct 2022RentedRenewal
AED 79,200/yr12 months · AED 63 per sqft
12 Oct 2021RentedNew contract
AED 66,000/yr12 months · AED 52 per sqft
22 Sep 2020SoldReady
AED 876,000AED 696 per sqft
1 Sep 2020RentedNew contract
AED 58,000/yr12 months · AED 46 per sqft
17 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
43rd of 84
Parking
B4-49
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 876K · September 2020
Building
Torch Tower

About 4304, Torch Tower

4304 is a two-bedroom apartment of 1,258 sqft on the 43rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 22 September 2020 for AED 876,000, or AED 696 per sqft, 3% below the AED 720 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 June 2024, is AED 110,000 a year: a gross yield of 12.6% on the 2020 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4304 over time

Sales
Unit 4304, 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 2009: AED 1,818,473 (AED 1,445 per sqft)Sold, December 2016: AED 1,550,000 (AED 1,231 per sqft)Sold, September 2020: AED 876,000 (AED 696 per sqft)

4304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4304, each contractTypical two-bed in Torch Tower
50K100K2012201620202024Typical 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, August 2013: AED 90,000 a yearNew contract, August 2014: AED 108,000 a yearNew contract, August 2015: AED 128,000 a yearNew contract, February 2017: AED 115,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, September 2020: AED 58,000 a yearNew contract, October 2021: AED 66,000 a yearRenewal, October 2022: AED 79,200 a yearRenewal, October 2023: AED 87,120 a yearNew contract, June 2024: AED 110,000 a yearNew contract, June 2024: AED 110,000 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 4304 sits

All 404 2-beds →

4304 last sold in September 2020 at AED 696 per sqft, 3% below what two-beds in Torch Tower were fetching at the time (AED 720). 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. 4304's AED 110,000 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 43rd floor

All 675 units in Torch Tower
Value
43012-bedAED 1.73M · Sep 2026
43022-bedAED 1.33M · Jan 2023
43032-bedAED 1.6M · Nov 2023
43052-bedAED 1.95M · Mar 2026
43062-bedAED 2.05M · Aug 2015
43072-bedAED 1.05M · Jul 2019
43082-bedAED 1.23M · Jul 2012

4304, Torch Tower in numbers

  • Sold 3 times: first on 30 April 2009 for AED 1,818,473, last on 22 September 2020 for AED 876,000 (AED 696 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 58,000 in 2020 and recovered to AED 110,000 by June 2024.
  • At AED 110,000 a year the gross yield on the 2020 price is 12.6%, 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 June 2024.

Questions about 4304, Torch Tower

What did unit 4304 last sell for?

AED 876,000 on 22 September 2020: AED 696 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,818,473 in April 2009.

What is the rent for unit 4304?

AED 110,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 110,000; the unit has been rented since August 2013.

How big is unit 4304?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 43rd floor of a 84-storey tower completed in 2011.

What is unit 4304 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 4304, Torch Tower

Starts from the last sale price (AED 876K, 22 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 876,000
Deposit, UAE resident (20%)
AED 175,200
Deposit, non-resident (40%)
AED 350,400
Monthly over 25 years at 3.7%
AED 3,584

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