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2-bed · 1,258 sqftTorch Tower, Dubai Marina · 47th floor · completed 2011

4703, Torch Tower

Sold prices and rental history: sold 3 times, last in December 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4703 · DLD and Ejari recordsUpdated 9 July 2017
Last soldAED 1.34M19 December 2012
Current rentAED 105K /yr9 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4703, Torch Tower

What is 4703 worth today?

Last sold for AED 1,340,000 in 2012

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9 Jul 2017RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
25 Jun 2013RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
19 Dec 2012SoldReady
AED 1,340,000AED 1,064 per sqft
5 Nov 2012SoldReady
AED 1,143,000AED 908 per sqft
6 Apr 2010Sold by developerOff-plan
AED 1,143,000AED 908 per sqft

Source: Dubai Land Department. Updated 9 July 2017.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
47th of 84
Parking
B4-80
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.34M · December 2012
Building
Torch Tower

About 4703, Torch Tower

4703 is a two-bedroom apartment of 1,258 sqft on the 47th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 19 December 2012 for AED 1,340,000, or AED 1,064 per sqft, 15% above the AED 928 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 9 July 2017, is AED 105,000 a year: a gross yield of 7.8% on the 2012 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4703 over time

Sales
Unit 4703, each saleTypical two-bed in Torch Tower
1M1.5M2009201420192024Typical 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 2010: AED 1,143,000 (AED 908 per sqft)Sold, November 2012: AED 1,143,000 (AED 908 per sqft)Sold, December 2012: AED 1,340,000 (AED 1,064 per sqft)

4703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4703, 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 130,000 a yearNew contract, July 2017: AED 105,000 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 4703 sits

All 404 2-beds →

4703 last sold in December 2012 at AED 1,064 per sqft, 15% above what two-beds in Torch Tower were fetching at the time (AED 928). 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. 4703's AED 105,000 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 47th floor

All 675 units in Torch Tower
Value
47012-bedAED 1.65M · Oct 2026
47022-bedAED 1.58M · Mar 2009
47042-bedAED 1.6M · Mar 2024
47052-bedAED 1.27M · Apr 2012
47062-bedAED 1.71M · Mar 2025
47072-bedAED 1.68M · Jun 2024
47082-bedAED 1.12M · Oct 2012

4703, Torch Tower in numbers

  • Sold 3 times: first on 6 April 2010 for AED 1,143,000, last on 19 December 2012 for AED 1,340,000 (AED 1,064 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 130,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2012 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 9 July 2017.

Questions about 4703, Torch Tower

What did unit 4703 last sell for?

AED 1,340,000 on 19 December 2012: AED 1,064 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,143,000 in April 2010.

What is the rent for unit 4703?

AED 105,000 a year on the contract signed on 9 July 2017. The previous contract, from June 2013, was AED 130,000.

How big is unit 4703?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 47th floor of a 84-storey tower completed in 2011.

What is unit 4703 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 4703, Torch Tower

Starts from the last sale price (AED 1.34M, 19 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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