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

4704, Torch Tower

Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4704 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 1.6M26 March 2024
Current rentAED 105K /yr24 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4704, Torch Tower

What is 4704 worth today?

Last sold for AED 1,600,000 in 2024

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26 Mar 2024SoldReady
AED 1,600,000AED 1,271 per sqft
24 Oct 2019RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
17 Feb 2017RentedNew contract
AED 150,000/yr12 months · AED 119 per sqft
3 Feb 2014SoldReady
AED 1,750,000AED 1,390 per sqft
24 Aug 2012RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
21 Mar 2012SoldReady
AED 1,982,297AED 1,575 per sqft
20 Jan 2010Sold by developerOff-plan
AED 1,982,297AED 1,575 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
47th of 84
Parking
B4-81
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.6M · March 2024
Building
Torch Tower

About 4704, Torch Tower

4704 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 26 March 2024 for AED 1,600,000, or AED 1,271 per sqft, 3% above the AED 1,231 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 24 October 2019, is AED 105,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4704 over time

Sales
Unit 4704, each saleTypical two-bed in Torch Tower
1M2M2009201420192024Typical 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, January 2010: AED 1,982,297 (AED 1,575 per sqft)Sold, March 2012: AED 1,982,297 (AED 1,575 per sqft)Sold, February 2014: AED 1,750,000 (AED 1,390 per sqft)Sold, March 2024: AED 1,600,000 (AED 1,271 per sqft)

4704 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4704, 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, August 2012: AED 85,000 a yearNew contract, February 2017: AED 150,000 a yearNew contract, October 2019: 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 4704 sits

All 404 2-beds →

4704 last sold in March 2024 at AED 1,271 per sqft, 3% above what two-beds in Torch Tower were fetching at the time (AED 1,231). 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. 4704'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
47032-bedAED 1.34M · Dec 2012
47052-bedAED 1.27M · Apr 2012
47062-bedAED 1.71M · Mar 2025
47072-bedAED 1.68M · Jun 2024
47082-bedAED 1.12M · Oct 2012

4704, Torch Tower in numbers

  • Sold 4 times: first on 20 January 2010 for AED 1,982,297, last on 26 March 2024 for AED 1,600,000 (AED 1,271 per sqft).
  • Rented since August 2012 on 3 Ejari contracts, from AED 85,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 6.6%, 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 26 March 2024.

Questions about 4704, Torch Tower

What did unit 4704 last sell for?

AED 1,600,000 on 26 March 2024: AED 1,271 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,982,297 in January 2010.

What is the rent for unit 4704?

AED 105,000 a year on the contract signed on 24 October 2019. The previous contract, from February 2017, was AED 150,000; the unit has been rented since August 2012.

How big is unit 4704?

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 4704 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 4704, Torch Tower

Starts from the last sale price (AED 1.6M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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