5306, Torch Tower
Sold prices and rental history: sold 3 times, last in December 2022, 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 5306, Torch Tower
What is 5306 worth today?
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Source: Dubai Land Department. Updated 13 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 53rd of 84
- Parking
- B3-39
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.29M · December 2022
- Building
- Torch Tower
About 5306, Torch Tower
5306 is a two-bedroom apartment of 1,258 sqft on the 53rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 13 December 2022 for AED 1,290,000, or AED 1,025 per sqft, 3% above the AED 993 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 8 September 2020, is AED 60,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5306 over time
5306 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 5306 sits
All 404 2-beds →5306 last sold in December 2022 at AED 1,025 per sqft, 3% above what two-beds in Torch Tower were fetching at the time (AED 993). 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. 5306's AED 60,000 is at the bottom 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 53rd floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 2-bed | 1,258 sqft | AED 1.8MAED 1,800,000 · Apr 2024April 2024 | 87,000 /yr | |
| 5302 | 2-bed | 1,258 sqft | AED 1.65MAED 1,650,000 · May 2025May 2025 | 189,491 /yr | |
| 5303 | 2-bed | 1,258 sqft | AED 1.14MAED 1,143,000 · Apr 2012April 2012 | 85,000 /yr | |
| 5304 | 2-bed | 1,258 sqft | AED 1.2MAED 1,200,000 · Mar 2022March 2022 | 105,000 /yr | |
| 5305 | 2-bed | 1,258 sqft | AED 1.84MAED 1,844,796 · May 2009May 2009 | 110,000 /yr | |
| 5307 | 2-bed | 1,258 sqft | AED 2MAED 2,000,000 · May 2025May 2025 | 145,000 /yr | |
| 5308 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 105,000 /yr |
5306, Torch Tower in numbers
- Sold 3 times: first on 26 April 2009 for AED 1,317,267, last on 13 December 2022 for AED 1,290,000 (AED 1,025 per sqft).
- Rented since September 2013 on 4 Ejari contracts, from AED 90,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 4.7%, 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 13 December 2022.
Questions about 5306, Torch Tower
What did unit 5306 last sell for?
AED 1,290,000 on 13 December 2022: AED 1,025 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,317,267 in April 2009.
What is the rent for unit 5306?
AED 60,000 a year on the contract signed on 8 September 2020. The previous contract, from July 2018, was AED 85,000; the unit has been rented since September 2013.
How big is unit 5306?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 53rd floor of a 84-storey tower completed in 2011.
What is unit 5306 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 5306, Torch Tower
Starts from the last sale price (AED 1.29M, 13 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,290,000
- Deposit, UAE resident (20%)
- AED 258,000
- Deposit, non-resident (40%)
- AED 516,000
- Monthly over 25 years at 3.7%
- AED 5,278
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →