5601, Torch Tower
Sold prices and rental history: sold 5 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5601, Torch Tower
What is 5601 worth today?
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Source: Dubai Land Department. Updated 1 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 56th of 84
- Parking
- B3-50
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.33M · June 2022
- Building
- Torch Tower
About 5601, Torch Tower
5601 is a two-bedroom apartment of 1,258 sqft on the 56th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 14 June 2022 for AED 1,325,000, or AED 1,052 per sqft, 16% above the AED 905 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 February 2023, is AED 160,000 a year: a gross yield of 12.1% on the 2022 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5601 over time
5601 has sold 5 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 5601 sits
All 404 2-beds →5601 last sold in June 2022 at AED 1,052 per sqft, 16% above what two-beds in Torch Tower were fetching at the time (AED 905). 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. 5601's AED 160,000 is in the upper 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 56th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5602 | 2-bed | 1,258 sqft | AED 1.53MAED 1,530,000 · Oct 2024October 2024 | 110,250 /yr | |
| 5603 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 115,500 /yr | |
| 5604 | 2-bed | 1,258 sqft | AED 1.73MAED 1,730,000 · Apr 2024April 2024 | 155,000 /yr | |
| 5605 | 2-bed | 1,258 sqft | AED 1.36MAED 1,355,000 · Jun 2023June 2023 | 137,000 /yr | |
| 5606 | 2-bed | 1,258 sqft | AED 910KAED 910,000 · Oct 2011October 2011 | 120,000 /yr | |
| 5607 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 101,640 /yr | |
| 5608 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 149,171 /yr |
5601, Torch Tower in numbers
- Sold 5 times: first on 1 March 2009 for AED 1,733,883, last on 14 June 2022 for AED 1,325,000 (AED 1,052 per sqft).
- Rented since November 2014 on 4 Ejari contracts. The rent fell from AED 160,000 to AED 75,000 in 2021 and recovered to AED 160,000 by February 2023.
- At AED 160,000 a year the gross yield on the 2022 price is 12.1%, 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 1 February 2023.
Questions about 5601, Torch Tower
What did unit 5601 last sell for?
AED 1,325,000 on 14 June 2022: AED 1,052 per sqft for 1,258 sqft. The unit has 5 registered sales; the first was AED 1,733,883 in March 2009.
What is the rent for unit 5601?
AED 160,000 a year on the contract signed on 1 February 2023. The previous contract, from April 2021, was AED 75,000; the unit has been rented since November 2014.
How big is unit 5601?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 56th floor of a 84-storey tower completed in 2011.
What is unit 5601 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 5601, Torch Tower
Starts from the last sale price (AED 1.33M, 14 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →