5002, Torch Tower
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5002, Torch Tower
What is 5002 worth today?
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Source: Dubai Land Department. Updated 11 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 50th of 84
- Parking
- B3-11
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.6M · November 2024
- Building
- Torch Tower
About 5002, Torch Tower
5002 is a two-bedroom apartment of 1,258 sqft on the 50th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 11 November 2024 for AED 1,600,000, or AED 1,271 per sqft, in line with the AED 1,290 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 92,575 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5002 over time
5002 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 5002 sits
All 404 2-beds →5002 last sold in November 2024 at AED 1,271 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 1,290). 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. 5002's AED 92,575 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 19 Oct 202619 October 2026 | 1,198 sqft | 1,790,000 | 1,493 | ||
| 7 Oct 20267 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 23 Sep 202623 September 2026 | 1,258 sqft | 1,700,000 | 1,350 |
Torch Tower
Building675 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%
Other units on the 50th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 2-bed | 1,258 sqft | AED 1.5MAED 1,500,000 · Jul 2026July 2026 | 119,713 /yr | |
| 5003 | 2-bed | 1,258 sqft | AED 1.57MAED 1,570,000 · Jan 2025January 2025 | 90,000 /yr | |
| 5004 | 2-bed | 1,258 sqft | AED 1.4MAED 1,400,000 · May 2016May 2016 | 135,000 /yr | |
| 5005 | 2-bed | 1,258 sqft | AED 1.25MAED 1,250,000 · May 2022May 2022 | 185,000 /yr | |
| 5006 | 2-bed | 1,258 sqft | AED 1.45MAED 1,450,000 · Sep 2023September 2023 | 135,000 /yr | |
| 5007 | 2-bed | 1,258 sqft | AED 1.12MAED 1,118,187 · Oct 2012October 2012 | 130,000 /yr | |
| 5008 | 2-bed | 1,258 sqft | AED 1.28MAED 1,280,000 · Jun 2017June 2017 | 126,000 /yr |
5002, Torch Tower in numbers
- Sold 3 times: first on 1 March 2009 for AED 1,092,025, last on 11 November 2024 for AED 1,600,000 (AED 1,271 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2020 and recovered to AED 92,575 by November 2023.
- At AED 92,575 a year the gross yield on the 2024 price is 5.8%, 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 11 November 2024.
Questions about 5002, Torch Tower
What did unit 5002 last sell for?
AED 1,600,000 on 11 November 2024: AED 1,271 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,092,025 in March 2009.
What is the rent for unit 5002?
AED 92,575 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 80,500; the unit has been rented since September 2013.
How big is unit 5002?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 50th floor of a 84-storey tower completed in 2011.
What is unit 5002 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 5002, Torch Tower
Starts from the last sale price (AED 1.6M, 11 November 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 →