2-bed · 1,258 sqftTorch Tower, Dubai Marina · 49th floor · completed 2011

4903, Torch Tower

Sold prices and rental history: sold 5 times, last in July 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4903 · DLD and Ejari recordsUpdated 11 July 2019
Last soldAED 930K11 July 2019
Current rentAED 80K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4903, Torch Tower

What is 4903 worth today?

Last sold for AED 930,000 in 2019

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11 Jul 2019SoldReady
AED 930,000AED 739 per sqft
1 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
28 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
1 Jan 2017RentedRenewal
AED 120,000/yr12 months · AED 95 per sqft
1 Jan 2016RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
2 Jan 2014RentedNew contract
AED 160,000/yr12 months · AED 127 per sqft
17 Apr 2013SoldReady
AED 1,375,000AED 1,092 per sqft
2 Jan 2013RentedNew contract
AED 150,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 11 July 2019.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
49th of 84
Parking
B3-4
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 930K · July 2019
Building
Torch Tower

About 4903, Torch Tower

4903 is a two-bedroom apartment of 1,258 sqft on the 49th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 11 July 2019 for AED 930,000, or AED 739 per sqft, in line with the AED 754 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 February 2019, is AED 80,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4903 over time

Sales
Unit 4903, 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 1,000,000 (AED 794 per sqft)Sold, November 2012: AED 1,143,000 (AED 908 per sqft)Sold, April 2013: AED 1,375,000 (AED 1,092 per sqft)Sold, July 2019: AED 930,000 (AED 739 per sqft)

4903 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4903, 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, January 2013: AED 150,000 a yearNew contract, January 2014: AED 160,000 a yearNew contract, January 2016: AED 120,000 a yearRenewal, January 2017: AED 120,000 a yearNew contract, January 2018: AED 90,000 a yearNew contract, February 2019: AED 80,000 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 4903 sits

All 404 2-beds →

4903 last sold in July 2019 at AED 739 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 754). 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. 4903's AED 80,000 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 49th floor

All 675 units in Torch Tower
Value
49012-bedAED 1.15M · Nov 2017
49022-bedAED 2.1M · Jul 2025
49042-bedAED 1.67M · Dec 2024
49052-bedAED 1.45M · May 2024
49062-bedAED 1.66M · Oct 2015
49072-bedAED 1.55M · Mar 2023
49082-bedAED 1.6M · May 2024

4903, Torch Tower in numbers

  • Sold 5 times: first on 6 April 2010 for AED 1,143,000, last on 11 July 2019 for AED 930,000 (AED 739 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 150,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 8.6%, 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 11 July 2019.

Questions about 4903, Torch Tower

What did unit 4903 last sell for?

AED 930,000 on 11 July 2019: AED 739 per sqft for 1,258 sqft. The unit has 5 registered sales; the first was AED 1,143,000 in April 2010.

What is the rent for unit 4903?

AED 80,000 a year on the contract signed on 1 February 2019. The previous contract, from January 2018, was AED 90,000; the unit has been rented since January 2013.

How big is unit 4903?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 49th floor of a 84-storey tower completed in 2011.

What is unit 4903 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 4903, Torch Tower

Starts from the last sale price (AED 930K, 11 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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