5704, Torch Tower
Sold prices and rental history: sold 4 times, last in March 2023, 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 5704, Torch Tower
What is 5704 worth today?
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Source: Dubai Land Department. Updated 31 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 57th of 84
- Parking
- B3-61
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.5M · March 2023
- Building
- Torch Tower
About 5704, Torch Tower
5704 is a two-bedroom apartment of 1,258 sqft on the 57th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 3 March 2023 for AED 1,500,000, or AED 1,191 per sqft, 20% above the AED 993 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 31 August 2024, is AED 125,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5704 over time
5704 has sold 4 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 5704 sits
All 404 2-beds →5704 last sold in March 2023 at AED 1,191 per sqft, 20% 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. 5704's AED 125,000 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 57th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | 2-bed | 1,258 sqft | AED 1.85MAED 1,850,000 · Oct 2025October 2025 | 85,000 /yr | |
| 5702 | 2-bed | 1,258 sqft | AED 1.11MAED 1,113,025 · Feb 2012February 2012 | 95,000 /yr | |
| 5703 | 2-bed | 1,258 sqft | AED 1.85MAED 1,850,000 · Jan 2026January 2026 | 145,000 /yr | |
| 5705 | 2-bed | 1,258 sqft | AED 1.73MAED 1,725,000 · Apr 2025April 2025 | 75,000 /yr | |
| 5706 | 2-bed | 1,258 sqft | AED 1.77MAED 1,771,606 · Oct 2014October 2014 | 150,000 /yr | |
| 5707 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 95,000 /yr | |
| 5708 | 2-bed | 1,258 sqft | AED 915KAED 915,000 · Feb 2020February 2020 | 120,000 /yr |
5704, Torch Tower in numbers
- Sold 4 times: first on 1 March 2009 for AED 1,326,458, last on 3 March 2023 for AED 1,500,000 (AED 1,191 per sqft).
- Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 125,000 by August 2024.
- At AED 125,000 a year the gross yield on the 2023 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 31 August 2024.
Questions about 5704, Torch Tower
What did unit 5704 last sell for?
AED 1,500,000 on 3 March 2023: AED 1,191 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,326,458 in March 2009.
What is the rent for unit 5704?
AED 125,000 a year on the contract signed on 31 August 2024. The previous contract, from August 2024, was AED 124,654; the unit has been rented since March 2013.
How big is unit 5704?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 57th floor of a 84-storey tower completed in 2011.
What is unit 5704 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 5704, Torch Tower
Starts from the last sale price (AED 1.5M, 3 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →