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

6008, Torch Tower

Sold prices and rental history: sold once, by the developer in April 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6008 · DLD and Ejari recordsUpdated 1 December 2020
Last soldAED 1.15M22 April 2012
Current rentAED 60K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6008, Torch Tower

What is 6008 worth today?

Last sold for AED 1,150,919 in 2012

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1 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
5 Nov 2019RentedNew contract
AED 72,000/yr12 months · AED 57 per sqft
10 Jul 2019RentedRenewal
AED 80,000/yr3 months · AED 64 per sqft
10 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
20 Oct 2014RentedNew contract
AED 108,000/yr12 months · AED 86 per sqft
22 Apr 2012Sold by developerReady
AED 1,150,919AED 914 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
60th of 84
Parking
B3-93
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.15M · April 2012
Building
Torch Tower

About 6008, Torch Tower

6008 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. The developer sold it on 22 April 2012 for AED 1,150,919, or AED 914 per sqft, in line with the AED 921 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 December 2020, is AED 60,000 a year: a gross yield of 5.2% on the 2012 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6008 over time

Sales
Unit 6008, 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 1,150,919 (AED 914 per sqft)

6008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6008, each contractTypical two-bed in Torch Tower
50K100K2012201620202024Typical 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, October 2014: AED 108,000 a yearNew contract, July 2018: AED 80,000 a yearRenewal, July 2019: AED 80,000 a yearNew contract, November 2019: AED 72,000 a yearNew contract, December 2020: AED 60,000 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 6008 sits

All 404 2-beds →

6008 last sold in April 2012 at AED 914 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 921). 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. 6008's AED 60,000 is at the bottom 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
60072-bedAED 1.45M · Dec 2022

6008, Torch Tower in numbers

  • Sold once: by Torch Select on 22 April 2012 for AED 1,150,919, or AED 914 per sqft.
  • Rented since October 2014 on 5 Ejari contracts, from AED 108,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2012 price is 5.2%, 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 December 2020.

Questions about 6008, Torch Tower

What did unit 6008 last sell for?

AED 1,150,919 on 22 April 2012, sold by the developer: AED 914 per sqft for 1,258 sqft. It is the only registered sale of the unit.

What is the rent for unit 6008?

AED 60,000 a year on the contract signed on 1 December 2020. The previous contract, from November 2019, was AED 72,000; the unit has been rented since October 2014.

How big is unit 6008?

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 6008 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 6008, Torch Tower

Starts from the last sale price (AED 1.15M, 22 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,919
Deposit, UAE resident (20%)
AED 230,184
Deposit, non-resident (40%)
AED 460,368
Monthly over 25 years at 3.7%
AED 4,709

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