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

6203, Torch Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6203 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 1.87M20 May 2009
Current rentAED 130K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6203, Torch Tower

What is 6203 worth today?

Last sold for AED 1,868,316 in 2009

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10 Mar 2024RentedRenewal
AED 130,000/yr12 months · AED 103 per sqft
10 Mar 2024RentedRenewal
AED 130,000/yr12 months · AED 103 per sqft
10 Mar 2023RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
12 Jan 2018RentedNew contract
AED 93,000/yr12 months · AED 74 per sqft
5 Dec 2016RentedRenewal
AED 127,500/yr12 months · AED 101 per sqft
5 Dec 2015RentedRenewal
AED 137,500/yr12 months · AED 109 per sqft
5 Dec 2014RentedNew contract
AED 137,500/yr12 months · AED 109 per sqft
5 Dec 2013RentedNew contract
AED 125,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
62nd of 84
Parking
B2-10
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.87M · May 2009
Building
Torch Tower

About 6203, Torch Tower

6203 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. The developer sold it on 20 May 2009 for AED 1,868,316, or AED 1,484 per sqft, 19% above the AED 1,246 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 130,000 a year: a gross yield of 7.0% on the 2009 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6203 over time

Sales
Unit 6203, each saleTypical two-bed in Torch Tower
1M1.5M2M2009201420192024Typical 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 1,868,316 (AED 1,484 per sqft)

6203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6203, 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, December 2013: AED 125,000 a yearNew contract, December 2014: AED 137,500 a yearRenewal, December 2015: AED 137,500 a yearRenewal, December 2016: AED 127,500 a yearNew contract, January 2018: AED 93,000 a yearNew contract, March 2023: AED 130,000 a yearRenewal, March 2024: AED 130,000 a yearRenewal, March 2024: AED 130,000 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 6203 sits

All 404 2-beds →

6203 last sold in May 2009 at AED 1,484 per sqft, 19% above what two-beds in Torch Tower were fetching at the time (AED 1,246). 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. 6203's AED 130,000 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
62022-bedAED 1.32M · Dec 2012
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

6203, Torch Tower in numbers

  • Sold once: by Torch Select on 20 May 2009 for AED 1,868,316, or AED 1,484 per sqft.
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 93,000 in 2018 and recovered to AED 130,000 by March 2024.
  • At AED 130,000 a year the gross yield on the 2009 price is 7.0%, 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 10 March 2024.

Questions about 6203, Torch Tower

What did unit 6203 last sell for?

AED 1,868,316 on 20 May 2009, sold by the developer: AED 1,484 per sqft for 1,258 sqft. It is the only registered sale of the unit.

What is the rent for unit 6203?

AED 130,000 a year on the contract renewed on 10 March 2024. The previous contract, from March 2024, was AED 130,000; the unit has been rented since December 2013.

How big is unit 6203?

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 6203 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 6203, Torch Tower

Starts from the last sale price (AED 1.87M, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,868,316
Deposit, UAE resident (20%)
AED 373,663
Deposit, non-resident (40%)
AED 747,326
Monthly over 25 years at 3.7%
AED 7,644

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