2-bed · 1,258 sqftTorch Tower, Dubai Marina · 57th floor · completed 2011

5708, Torch Tower

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5708 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 915K19 February 2020
Current rentAED 120K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5708, Torch Tower

What is 5708 worth today?

Last sold for AED 915,000 in 2020

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15 Sep 2023RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
5 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
19 Feb 2020SoldReady
AED 915,000AED 727 per sqft
5 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
15 Jun 2018RentedNew contract
AED 82,000/yr12 months · AED 65 per sqft
26 Sep 2014RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
26 Sep 2013RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
11 Apr 2012Sold by developerReady
AED 1,143,030AED 908 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
57th of 84
Parking
B3-65
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 915K · February 2020
Building
Torch Tower

About 5708, Torch Tower

5708 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 19 February 2020 for AED 915,000, or AED 727 per sqft, in line with the AED 739 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 September 2023, is AED 120,000 a year: a gross yield of 13.1% on the 2020 price, before the service charge of about AED 26,700 a year.

Sales and rents for 5708 over time

Sales
Unit 5708, each saleTypical two-bed in Torch Tower
1M1.5M2009201420192024Typical 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 2012: AED 1,143,030 (AED 908 per sqft)Sold, February 2020: AED 915,000 (AED 727 per sqft)

5708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5708, each contractTypical two-bed in Torch Tower
100K2012201620202024Typical 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, September 2013: AED 100,000 a yearNew contract, September 2014: AED 115,000 a yearNew contract, June 2018: AED 82,000 a yearNew contract, August 2019: AED 70,000 a yearNew contract, August 2021: AED 70,000 a yearNew contract, September 2023: AED 120,000 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 5708 sits

All 404 2-beds →

5708 last sold in February 2020 at AED 727 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 739). 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. 5708's AED 120,000 is in the lower 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 57th floor

All 675 units in Torch Tower
Value
57012-bedAED 1.85M · Oct 2025
57022-bedAED 1.11M · Feb 2012
57032-bedAED 1.85M · Jan 2026
57042-bedAED 1.5M · Mar 2023
57052-bedAED 1.73M · Apr 2025
57062-bedAED 1.77M · Oct 2014
57072-bedAED 1.15M · Apr 2012

5708, Torch Tower in numbers

  • Sold twice: first on 11 April 2012 for AED 1,143,030, last on 19 February 2020 for AED 915,000 (AED 727 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 120,000 by September 2023.
  • At AED 120,000 a year the gross yield on the 2020 price is 13.1%, 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 15 September 2023.

Questions about 5708, Torch Tower

What did unit 5708 last sell for?

AED 915,000 on 19 February 2020: AED 727 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,143,030 in April 2012.

What is the rent for unit 5708?

AED 120,000 a year on the contract signed on 15 September 2023. The previous contract, from August 2021, was AED 70,000; the unit has been rented since September 2013.

How big is unit 5708?

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 5708 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 5708, Torch Tower

Starts from the last sale price (AED 915K, 19 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 915,000
Deposit, UAE resident (20%)
AED 183,000
Deposit, non-resident (40%)
AED 366,000
Monthly over 25 years at 3.7%
AED 3,744

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