2-bed · 1,258 sqftTorch Tower, Dubai Marina · 45th floor · completed 2011

4505, Torch Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.93M13 May 2009
Current rentAED 90K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, Torch Tower

What is 4505 worth today?

Last sold for AED 1,925,790 in 2009

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1 Sep 2023RentedNew contract
AED 89,700/yr12 months · AED 71 per sqft
1 Sep 2023RentedNew contract
AED 89,700/yr12 months · AED 71 per sqft
1 Sep 2021RentedNew contract
AED 68,000/yr12 months · AED 54 per sqft
25 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
13 May 2009Sold by developerOff-plan
AED 1,925,790AED 1,530 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
45th of 84
Parking
B4-66
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.93M · May 2009
Building
Torch Tower

About 4505, Torch Tower

4505 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. The developer sold it on 13 May 2009 for AED 1,925,790, or AED 1,530 per sqft, 23% above the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 September 2023, is AED 89,700 a year: a gross yield of 4.7% on the 2009 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4505 over time

Sales
Unit 4505, 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 2009: AED 1,925,790 (AED 1,530 per sqft)

4505 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4505, 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, August 2019: AED 70,000 a yearNew contract, September 2021: AED 68,000 a yearNew contract, September 2023: AED 89,700 a yearNew contract, September 2023: AED 89,700 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 4505 sits

All 404 2-beds →

4505 last sold in May 2009 at AED 1,530 per sqft, 23% above what two-beds in Torch Tower were fetching at the time (AED 1,239). 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. 4505's AED 89,700 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 45th floor

All 675 units in Torch Tower
Value
45012-bedAED 1.65M · Apr 2009
45022-bedAED 1.33M · Dec 2022
45032-bedAED 675K · Jan 2023
45042-bedAED 1.7M · Aug 2024
45062-bedAED 1.79M · Nov 2013
45072-bedAED 1.14M · Apr 2019
45082-bedAED 1.29M · Oct 2011

4505, Torch Tower in numbers

  • Sold once: by Torch Select on 13 May 2009 for AED 1,925,790, or AED 1,530 per sqft.
  • Rented since August 2019 on 4 Ejari contracts, from AED 70,000 to AED 89,700 a year.
  • At AED 89,700 a year the gross yield on the 2009 price is 4.7%, 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 2023.

Questions about 4505, Torch Tower

What did unit 4505 last sell for?

AED 1,925,790 on 13 May 2009, sold by the developer: AED 1,530 per sqft for 1,258 sqft. It is the only registered sale of the unit.

What is the rent for unit 4505?

AED 89,700 a year on the contract signed on 1 September 2023. The previous contract, from September 2023, was AED 89,700; the unit has been rented since August 2019.

How big is unit 4505?

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 4505 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 4505, Torch Tower

Starts from the last sale price (AED 1.93M, 13 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,790
Deposit, UAE resident (20%)
AED 385,158
Deposit, non-resident (40%)
AED 770,316
Monthly over 25 years at 3.7%
AED 7,879

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