2-bed · 1,258 sqftTorch Tower, Dubai Marina · 46th floor · completed 2011

4602, Torch Tower

Sold prices and rental history: sold 6 times, last in June 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4602 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 1.93M5 June 2024
Current rentAED 150K /yr9 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4602, Torch Tower

What is 4602 worth today?

Last sold for AED 1,925,000 in 2024

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5 Jun 2024SoldReady
AED 1,925,000AED 1,529 per sqft
9 Aug 2023RentedNew contract
AED 150,000/yr12 months · AED 120 per sqft
30 Nov 2022SoldReady
AED 1,350,000AED 1,072 per sqft
21 Feb 2022RentedNew contract
AED 118,000/yr12 months · AED 94 per sqft
30 Jan 2014SoldReady
AED 1,850,000AED 1,470 per sqft
3 Oct 2013SoldReady
AED 1,600,000AED 1,271 per sqft
22 Mar 2012SoldReady
AED 1,099,586AED 873 per sqft
26 Apr 2009Sold by developerOff-plan
AED 1,099,586AED 873 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
46th of 84
Parking
B4-71
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.93M · June 2024
Building
Torch Tower

About 4602, Torch Tower

4602 is a two-bedroom apartment of 1,258 sqft on the 46th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 5 June 2024 for AED 1,925,000, or AED 1,529 per sqft, 24% above the AED 1,237 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 9 August 2023, is AED 150,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4602 over time

Sales
Unit 4602, 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, April 2009: AED 1,099,586 (AED 873 per sqft)Sold, March 2012: AED 1,099,586 (AED 873 per sqft)Sold, October 2013: AED 1,600,000 (AED 1,271 per sqft)Sold, January 2014: AED 1,850,000 (AED 1,470 per sqft)Sold, November 2022: AED 1,350,000 (AED 1,072 per sqft)Sold, June 2024: AED 1,925,000 (AED 1,529 per sqft)

4602 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4602, each contractTypical two-bed in Torch Tower
50K100K150K2012201620202024Typical 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, February 2022: AED 118,000 a yearNew contract, August 2023: AED 150,000 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 4602 sits

All 404 2-beds →

4602 last sold in June 2024 at AED 1,529 per sqft, 24% above what two-beds in Torch Tower were fetching at the time (AED 1,237). 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. 4602's AED 150,000 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 46th floor

All 675 units in Torch Tower
Value
46012-bedAED 1.55M · Aug 2023
46032-bedAED 1.84M · Nov 2025
46042-bedAED 1.79M · May 2009
46052-bedAED 870K · May 2020
46062-bedAED 1.85M · Apr 2009
46072-bedAED 2M · Jan 2025
46082-bedAED 1.12M · Oct 2012

4602, Torch Tower in numbers

  • Sold 6 times: first on 26 April 2009 for AED 1,099,586, last on 5 June 2024 for AED 1,925,000 (AED 1,529 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, from AED 118,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 7.8%, 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 5 June 2024.

Questions about 4602, Torch Tower

What did unit 4602 last sell for?

AED 1,925,000 on 5 June 2024: AED 1,529 per sqft for 1,258 sqft. The unit has 6 registered sales; the first was AED 1,099,586 in April 2009.

What is the rent for unit 4602?

AED 150,000 a year on the contract signed on 9 August 2023. The previous contract, from February 2022, was AED 118,000.

How big is unit 4602?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 46th floor of a 84-storey tower completed in 2011.

What is unit 4602 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 4602, Torch Tower

Starts from the last sale price (AED 1.93M, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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