2-bed · 1,258 sqftTorch Tower, Dubai Marina · 62nd floor · completed 2011

6202, Torch Tower

Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6202 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 1.32M20 December 2012
Current rentAED 110K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6202, Torch Tower

What is 6202 worth today?

Last sold for AED 1,320,000 in 2012

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20 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
20 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
10 Mar 2022RentedRenewal
AED 88,000/yr12 months · AED 70 per sqft
10 Mar 2021RentedRenewal
AED 74,000/yr12 months · AED 59 per sqft
10 Mar 2020RentedNew contract
AED 82,000/yr12 months · AED 65 per sqft
24 Apr 2018RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
31 Jan 2018RentedRenewal
AED 109,412/yr12 months · AED 87 per sqft
31 Jan 2017RentedNew contract
AED 139,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
62nd of 84
Parking
B2-9
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.32M · December 2012
Building
Torch Tower

About 6202, Torch Tower

6202 is a two-bedroom apartment of 1,258 sqft on the 62nd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 20 December 2012 for AED 1,320,000, or AED 1,048 per sqft, 13% above the AED 929 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 March 2024, is AED 110,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6202 over time

Sales
Unit 6202, 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 1,232,354 (AED 979 per sqft)Sold, December 2011: AED 1,232,354 (AED 979 per sqft)Sold, December 2012: AED 1,320,000 (AED 1,048 per sqft)

6202 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6202, each contractTypical two-bed in Torch Tower
100K150K2012201620202024Typical 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 2013: AED 135,000 a yearNew contract, January 2017: AED 139,000 a yearRenewal, January 2018: AED 109,412 a yearNew contract, April 2018: AED 105,000 a yearNew contract, March 2020: AED 82,000 a yearRenewal, March 2021: AED 74,000 a yearRenewal, March 2022: AED 88,000 a yearNew contract, March 2024: AED 110,000 a yearNew contract, March 2024: AED 110,000 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 6202 sits

All 404 2-beds →

6202 last sold in December 2012 at AED 1,048 per sqft, 13% above what two-beds in Torch Tower were fetching at the time (AED 929). 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. 6202's AED 110,000 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 62nd floor

All 675 units in Torch Tower
Value
62012-bedAED 1.6M · Jul 2024
62032-bedAED 1.87M · May 2009
62042-bedAED 1.65M · Feb 2014
62052-bedAED 2.12M · Feb 2015
62062-bedAED 1.5M · Mar 2024
62072-bedAED 2.05M · Nov 2024
62082-bedAED 975K · Nov 2011

6202, Torch Tower in numbers

  • Sold 3 times: first on 12 May 2009 for AED 1,232,354, last on 20 December 2012 for AED 1,320,000 (AED 1,048 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 74,000 in 2021 and recovered to AED 110,000 by March 2024.
  • At AED 110,000 a year the gross yield on the 2012 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 20 March 2024.

Questions about 6202, Torch Tower

What did unit 6202 last sell for?

AED 1,320,000 on 20 December 2012: AED 1,048 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,232,354 in May 2009.

What is the rent for unit 6202?

AED 110,000 a year on the contract signed on 20 March 2024. The previous contract, from March 2024, was AED 110,000; the unit has been rented since February 2013.

How big is unit 6202?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 62nd floor of a 84-storey tower completed in 2011.

What is unit 6202 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 6202, Torch Tower

Starts from the last sale price (AED 1.32M, 20 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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