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

4306, Torch Tower

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4306 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 2.05M9 August 2015
Current rentAED 78K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4306, Torch Tower

What is 4306 worth today?

Last sold for AED 2,050,000 in 2015

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1 Sep 2022RentedRenewal
AED 78,200/yr12 months · AED 62 per sqft
1 Sep 2021RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
1 Sep 2020RentedNew contract
AED 63,000/yr12 months · AED 50 per sqft
26 Dec 2018RentedRenewal
AED 90,000/yr6 months · AED 71 per sqft
26 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
9 Aug 2015SoldReady
AED 2,050,000AED 1,629 per sqft
30 Jun 2013RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
30 Apr 2009Sold by developerOff-plan
AED 1,804,690AED 1,434 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
43rd of 84
Parking
B4-51
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 2.05M · August 2015
Building
Torch Tower

About 4306, Torch Tower

4306 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 9 August 2015 for AED 2,050,000, or AED 1,629 per sqft, 11% above the AED 1,470 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 78,200 a year: a gross yield of 3.8% on the 2015 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4306 over time

Sales
Unit 4306, each saleTypical two-bed in Torch Tower
1M2M2009201420192024Typical 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 1,804,690 (AED 1,434 per sqft)Sold, August 2015: AED 2,050,000 (AED 1,629 per sqft)

4306 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4306, 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, June 2013: AED 95,000 a yearNew contract, December 2017: AED 90,000 a yearRenewal, December 2018: AED 90,000 a yearNew contract, September 2020: AED 63,000 a yearRenewal, September 2021: AED 68,000 a yearRenewal, September 2022: AED 78,200 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 4306 sits

All 404 2-beds →

4306 last sold in August 2015 at AED 1,629 per sqft, 11% above what two-beds in Torch Tower were fetching at the time (AED 1,470). 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. 4306's AED 78,200 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
43042-bedAED 876K · Sep 2020
43052-bedAED 1.95M · Mar 2026
43072-bedAED 1.05M · Jul 2019
43082-bedAED 1.23M · Jul 2012

4306, Torch Tower in numbers

  • Sold twice: first on 30 April 2009 for AED 1,804,690, last on 9 August 2015 for AED 2,050,000 (AED 1,629 per sqft).
  • Rented since June 2013 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 63,000 in 2020 and recovered to AED 78,200 by September 2022.
  • At AED 78,200 a year the gross yield on the 2015 price is 3.8%, 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 1 September 2022.

Questions about 4306, Torch Tower

What did unit 4306 last sell for?

AED 2,050,000 on 9 August 2015: AED 1,629 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,804,690 in April 2009.

What is the rent for unit 4306?

AED 78,200 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 68,000; the unit has been rented since June 2013.

How big is unit 4306?

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 4306 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 4306, Torch Tower

Starts from the last sale price (AED 2.05M, 9 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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