4504, Torch Tower
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4504, Torch Tower
What is 4504 worth today?
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Source: Dubai Land Department. Updated 28 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 45th of 84
- Parking
- B4-65
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.7M · August 2024
- Building
- Torch Tower
About 4504, Torch Tower
4504 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 28 August 2024 for AED 1,700,000, or AED 1,350 per sqft, 6% above the AED 1,271 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 15 June 2024, is AED 140,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 26,700 a year.
Sales and rents for 4504 over time
4504 has sold 4 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 4504 sits
All 404 2-beds →4504 last sold in August 2024 at AED 1,350 per sqft, 6% above what two-beds in Torch Tower were fetching at the time (AED 1,271). 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. 4504's AED 140,000 is in the lower half 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 | |
| 4503 | 2-bed | 1,258 sqft | AED 675KAED 675,000 · Jan 2023January 2023 | 60,000 /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 |
4504, Torch Tower in numbers
- Sold 4 times: first on 1 March 2009 for AED 1,264,243, last on 28 August 2024 for AED 1,700,000 (AED 1,350 per sqft).
- Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 140,000 by June 2024.
- At AED 140,000 a year the gross yield on the 2024 price is 8.2%, 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 28 August 2024.
Questions about 4504, Torch Tower
What did unit 4504 last sell for?
AED 1,700,000 on 28 August 2024: AED 1,350 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,264,243 in March 2009.
What is the rent for unit 4504?
AED 140,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2024, was AED 140,000; the unit has been rented since September 2012.
How big is unit 4504?
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 4504 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 4504, Torch Tower
Starts from the last sale price (AED 1.7M, 28 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →