5408, Torch Tower
Sold prices and rental history: sold once, by the developer in April 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, Torch Tower
What is 5408 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 54th of 84
- Parking
- B3-49
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.15M · April 2012
- Building
- Torch Tower
About 5408, Torch Tower
5408 is a two-bedroom apartment of 1,258 sqft on the 54th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 22 April 2012 for AED 1,150,919, or AED 914 per sqft, in line with the AED 921 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 20 September 2026, is AED 95,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5408 over time
5408 has sold once; 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 5408 sits
All 404 2-beds →5408 last sold in April 2012 at AED 914 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 921). 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. 5408's AED 95,000 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 54th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 2-bed | 1,258 sqft | AED 1.2MAED 1,200,000 · Feb 2012February 2012 | 125,000 /yr | |
| 5402 | 2-bed | 1,258 sqft | AED 1.13MAED 1,128,146 · Dec 2012December 2012 | 95,000 /yr | |
| 5403 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 96,800 /yr | |
| 5404 | 2-bed | 1,258 sqft | AED 1.06MAED 1,055,000 · May 2021May 2021 | ||
| 5405 | 2-bed | 1,258 sqft | AED 1.05MAED 1,050,000 · Mar 2022March 2022 | 116,380 /yr | |
| 5406 | 2-bed | 1,258 sqft | AED 1.85MAED 1,850,000 · Nov 2024November 2024 | 150,000 /yr | |
| 5407 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 108,000 /yr |
5408, Torch Tower in numbers
- Sold once: by Torch Select on 22 April 2012 for AED 1,150,919, or AED 914 per sqft.
- Rented since July 2018 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2021 and recovered to AED 95,000 by September 2026.
- At AED 95,000 a year the gross yield on the 2012 price is 8.3%, 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 20 September 2026.
Questions about 5408, Torch Tower
What did unit 5408 last sell for?
AED 1,150,919 on 22 April 2012, sold by the developer: AED 914 per sqft for 1,258 sqft. It is the only registered sale of the unit.
What is the rent for unit 5408?
AED 95,000 a year on the contract signed on 20 September 2026. The previous contract, from December 2025, was AED 108,000; the unit has been rented since July 2018.
How big is unit 5408?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 54th floor of a 84-storey tower completed in 2011.
What is unit 5408 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 5408, Torch Tower
Starts from the last sale price (AED 1.15M, 22 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,919
- Deposit, UAE resident (20%)
- AED 230,184
- Deposit, non-resident (40%)
- AED 460,368
- Monthly over 25 years at 3.7%
- AED 4,709
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →