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2-bed · 1,258 sqftTorch Tower, Dubai Marina · 60th floor · completed 2011

6007, Torch Tower

Sold prices and rental history: sold 4 times, last in December 2022, and rented once, from February 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6007 · DLD and Ejari recordsUpdated 23 December 2022
Last soldAED 1.45M23 December 2022
Current rentAED 184K /yr1 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6007, Torch Tower

What is 6007 worth today?

Last sold for AED 1,450,000 in 2022

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23 Dec 2022SoldReady
AED 1,450,000AED 1,152 per sqft
1 Feb 2014RentedNew contract
AED 183,600/yr6 months · AED 146 per sqft
24 Aug 2011SoldReady
AED 1,000,000AED 794 per sqft
24 Aug 2011SoldReady
AED 1,337,382AED 1,062 per sqft
15 Mar 2010Sold by developerOff-plan
AED 1,337,382AED 1,062 per sqft

Source: Dubai Land Department. Updated 23 December 2022.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
60th of 84
Parking
B3-92
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.45M · December 2022
Building
Torch Tower

About 6007, Torch Tower

6007 is a two-bedroom apartment of 1,258 sqft on the 60th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 23 December 2022 for AED 1,450,000, or AED 1,152 per sqft, 16% above the AED 993 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2014. The current contract, signed on 1 February 2014, is AED 183,600 a year: a gross yield of 12.7% on the 2022 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6007 over time

Sales
Unit 6007, 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, March 2010: AED 1,337,382 (AED 1,062 per sqft)Sold, August 2011: AED 1,000,000 (AED 794 per sqft)Sold, August 2011: AED 1,337,382 (AED 1,062 per sqft)Sold, December 2022: AED 1,450,000 (AED 1,152 per sqft)

6007 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6007, each contractTypical two-bed in Torch Tower
100K200K2012201620202024Typical 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, February 2014: AED 183,600 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 6007 sits

All 404 2-beds →

6007 last sold in December 2022 at AED 1,152 per sqft, 16% 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. 6007's AED 183,600 is in the upper 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 60th floor

All 675 units in Torch Tower
Value
60012-bedAED 1.18M · Apr 2012
60022-bedAED 1.63M · Dec 2023
60032-bedAED 1.51M · Oct 2015
60042-bedAED 1.25M · Oct 2021
60052-bedAED 1.85M · Apr 2014
60062-bedAED 1.9M · Aug 2023
60082-bedAED 1.15M · Apr 2012

6007, Torch Tower in numbers

  • Sold 4 times: first on 15 March 2010 for AED 1,337,382, last on 23 December 2022 for AED 1,450,000 (AED 1,152 per sqft).
  • Rented since February 2014 on one Ejari contract, at AED 183,600 a year.
  • At AED 183,600 a year the gross yield on the 2022 price is 12.7%, 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 23 December 2022.

Questions about 6007, Torch Tower

What did unit 6007 last sell for?

AED 1,450,000 on 23 December 2022: AED 1,152 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,337,382 in March 2010.

What is the rent for unit 6007?

AED 183,600 a year on the contract signed on 1 February 2014.

How big is unit 6007?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 60th floor of a 84-storey tower completed in 2011.

What is unit 6007 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 6007, Torch Tower

Starts from the last sale price (AED 1.45M, 23 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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