2-bed · 1,258 sqftTorch Tower, Dubai Marina · 51st floor · completed 2011

5103, Torch Tower

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

Unit 5103 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 1.73M29 May 2024
Current rentAED 165K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5103, Torch Tower

What is 5103 worth today?

Last sold for AED 1,725,000 in 2024

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22 Nov 2024RentedNew contract
AED 165,000/yr12 months · AED 131 per sqft
22 Nov 2024RentedNew contract
AED 165,000/yr12 months · AED 131 per sqft
29 May 2024SoldReady
AED 1,725,000AED 1,370 per sqft
29 Jul 2021SoldReady
AED 1,290,000AED 1,025 per sqft
16 Feb 2021SoldReady
AED 750,000AED 595 per sqft
10 Jan 2020RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
13 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
1 Nov 2016RentedNew contract
AED 125,337/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
51st of 84
Parking
B3-20
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.73M · May 2024
Building
Torch Tower

About 5103, Torch Tower

5103 is a two-bedroom apartment of 1,258 sqft on the 51st floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 29 May 2024 for AED 1,725,000, or AED 1,370 per sqft, 11% above the AED 1,237 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 22 November 2024, is AED 165,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 26,700 a year.

Sales and rents for 5103 over time

Sales
Unit 5103, 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 1,836,406 (AED 1,459 per sqft)Sold, February 2021: AED 750,000 (AED 595 per sqft)Sold, July 2021: AED 1,290,000 (AED 1,025 per sqft)Sold, May 2024: AED 1,725,000 (AED 1,370 per sqft)

5103 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5103, 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, November 2012: AED 66,000 a yearNew contract, October 2013: AED 123,670 a yearNew contract, August 2015: AED 125,000 a yearNew contract, November 2016: AED 125,337 a yearNew contract, December 2018: AED 85,000 a yearNew contract, January 2020: AED 70,000 a yearNew contract, November 2024: AED 165,000 a yearNew contract, November 2024: AED 165,000 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 5103 sits

All 404 2-beds →

5103 last sold in May 2024 at AED 1,370 per sqft, 11% 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. 5103's AED 165,000 is in the upper 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 51st floor

All 675 units in Torch Tower
Value
51012-bedAED 1.55M · Oct 2024
51022-bedAED 2.35M · Apr 2025
51042-bedAED 1.25M · Aug 2022
51052-bedAED 1.88M · Apr 2009
51062-bedAED 1.2M · Aug 2021
51072-bedAED 1.15M · Nov 2012
51082-bedAED 860K · Dec 2020

5103, Torch Tower in numbers

  • Sold 4 times: first on 30 April 2009 for AED 1,836,406, last on 29 May 2024 for AED 1,725,000 (AED 1,370 per sqft).
  • Rented since November 2012 on 8 Ejari contracts, from AED 66,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 9.6%, 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 22 November 2024.

Questions about 5103, Torch Tower

What did unit 5103 last sell for?

AED 1,725,000 on 29 May 2024: AED 1,370 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,836,406 in April 2009.

What is the rent for unit 5103?

AED 165,000 a year on the contract signed on 22 November 2024. The previous contract, from November 2024, was AED 165,000; the unit has been rented since November 2012.

How big is unit 5103?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 51st floor of a 84-storey tower completed in 2011.

What is unit 5103 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 5103, Torch Tower

Starts from the last sale price (AED 1.73M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

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