4503, Torch Tower
Sold prices and rental history: sold 5 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4503, Torch Tower
What is 4503 worth today?
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Source: Dubai Land Department. Updated 17 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 45th of 84
- Parking
- B4-64
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 675K · January 2023
- Building
- Torch Tower
About 4503, Torch Tower
4503 is a two-bedroom apartment of 1,258 sqft on the 45th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 17 January 2023 for AED 675,000, or AED 536 per sqft, 46% below the AED 993 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 November 2021, is AED 60,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 26,700 a year.
Sales and rents for 4503 over time
4503 has sold 5 times; 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 4503 sits
All 404 2-beds →4503 last sold in January 2023 at AED 536 per sqft, 46% below what two-beds in Torch Tower were fetching at the time (AED 993). 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. 4503's AED 60,000 is at the bottom 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 45th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 2-bed | 1,258 sqft | AED 1.65MAED 1,653,203 · Apr 2009April 2009 | 80,500 /yr | |
| 4502 | 2-bed | 1,258 sqft | AED 1.33MAED 1,330,000 · Dec 2022December 2022 | 110,000 /yr | |
| 4504 | 2-bed | 1,258 sqft | AED 1.7MAED 1,700,000 · Aug 2024August 2024 | 140,000 /yr | |
| 4505 | 2-bed | 1,258 sqft | AED 1.93MAED 1,925,790 · May 2009May 2009 | 89,700 /yr | |
| 4506 | 2-bed | 1,258 sqft | AED 1.79MAED 1,790,000 · Nov 2013November 2013 | 108,100 /yr | |
| 4507 | 2-bed | 1,258 sqft | AED 1.14MAED 1,135,000 · Apr 2019April 2019 | 95,000 /yr | |
| 4508 | 2-bed | 1,258 sqft | AED 1.29MAED 1,290,044 · Oct 2011October 2011 | 100,000 /yr |
4503, Torch Tower in numbers
- Sold 5 times: first on 1 March 2009 for AED 1,264,243, last on 17 January 2023 for AED 675,000 (AED 536 per sqft).
- Rented since October 2013 on 4 Ejari contracts. The rent fell from AED 115,000 to AED 54,000 in 2020 and recovered to AED 60,000 by November 2021.
- At AED 60,000 a year the gross yield on the 2023 price is 8.9%, 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 17 January 2023.
Questions about 4503, Torch Tower
What did unit 4503 last sell for?
AED 675,000 on 17 January 2023: AED 536 per sqft for 1,258 sqft. The unit has 5 registered sales; the first was AED 1,264,243 in March 2009.
What is the rent for unit 4503?
AED 60,000 a year on the contract renewed on 15 November 2021. The previous contract, from November 2020, was AED 54,000; the unit has been rented since October 2013.
How big is unit 4503?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 45th floor of a 84-storey tower completed in 2011.
What is unit 4503 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 4503, Torch Tower
Starts from the last sale price (AED 675K, 17 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →