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2-bed · 1,258 sqftTorch Tower, Dubai Marina · 59th floor · completed 2011

5904, Torch Tower

Sold prices and rental history: sold twice, last in February 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5904 · DLD and Ejari recordsUpdated 1 July 2016
Last soldAED 1.31M26 February 2012
Current rentAED 124K /yr1 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5904, Torch Tower

What is 5904 worth today?

Last sold for AED 1,307,589 in 2012

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1 Jul 2016RentedRenewal
AED 124,000/yr12 months · AED 98 per sqft
1 Jul 2015RentedRenewal
AED 120,175/yr12 months · AED 95 per sqft
1 Jul 2014RentedNew contract
AED 109,250/yr12 months · AED 87 per sqft
26 Feb 2012SoldReady
AED 1,307,589AED 1,039 per sqft
13 May 2009Sold by developerOff-plan
AED 1,307,589AED 1,039 per sqft

Source: Dubai Land Department. Updated 1 July 2016.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
59th of 84
Parking
B3-77
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.31M · February 2012
Building
Torch Tower

About 5904, Torch Tower

5904 is a two-bedroom apartment of 1,258 sqft on the 59th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 26 February 2012 for AED 1,307,589, or AED 1,039 per sqft, 14% above the AED 914 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 July 2016, is AED 124,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 26,700 a year.

Sales and rents for 5904 over time

Sales
Unit 5904, 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, May 2009: AED 1,307,589 (AED 1,039 per sqft)Sold, February 2012: AED 1,307,589 (AED 1,039 per sqft)

5904 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5904, 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, July 2014: AED 109,250 a yearRenewal, July 2015: AED 120,175 a yearRenewal, July 2016: AED 124,000 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 5904 sits

All 404 2-beds →

5904 last sold in February 2012 at AED 1,039 per sqft, 14% above what two-beds in Torch Tower were fetching at the time (AED 914). 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. 5904's AED 124,000 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 59th floor

All 675 units in Torch Tower
Value
59012-bedAED 1.5M · Jun 2012
59022-bedAED 1.91M · Oct 2024
59032-bedAED 1.91M · Apr 2009
59052-bedAED 1.6M · May 2024
59062-bedAED 1.87M · Apr 2009
59072-bedAED 1.3M · Apr 2018
59082-bedAED 1.75M · Oct 2014

5904, Torch Tower in numbers

  • Sold twice: first on 13 May 2009 for AED 1,307,589, last on 26 February 2012 for AED 1,307,589 (AED 1,039 per sqft).
  • Rented since July 2014 on 3 Ejari contracts, from AED 109,250 to AED 124,000 a year.
  • At AED 124,000 a year the gross yield on the 2012 price is 9.5%, 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 July 2016.

Questions about 5904, Torch Tower

What did unit 5904 last sell for?

AED 1,307,589 on 26 February 2012: AED 1,039 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,307,589 in May 2009.

What is the rent for unit 5904?

AED 124,000 a year on the contract renewed on 1 July 2016. The previous contract, from July 2015, was AED 120,175; the unit has been rented since July 2014.

How big is unit 5904?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 59th floor of a 84-storey tower completed in 2011.

What is unit 5904 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 5904, Torch Tower

Starts from the last sale price (AED 1.31M, 26 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,307,589
Deposit, UAE resident (20%)
AED 261,518
Deposit, non-resident (40%)
AED 523,036
Monthly over 25 years at 3.7%
AED 5,350

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