2-bed · 1,258 sqftTorch Tower, Dubai Marina · 63rd floor · completed 2011

6308, Torch Tower

Sold prices and rental history: sold 3 times, last in January 2023, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6308 · DLD and Ejari recordsUpdated 30 January 2023
Last soldAED 1.31M30 January 2023
Current rentAED 55K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6308, Torch Tower

What is 6308 worth today?

Last sold for AED 1,310,000 in 2023

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30 Jan 2023SoldReady
AED 1,310,000AED 1,040 per sqft
1 Nov 2020RentedNew contract
AED 55,000/yr12 months · AED 44 per sqft
23 Oct 2012SoldReady
AED 665,000AED 528 per sqft
11 Apr 2012Sold by developerReady
AED 1,143,030AED 908 per sqft

Source: Dubai Land Department. Updated 30 January 2023.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
63rd of 84
Parking
B2-23
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.31M · January 2023
Building
Torch Tower

About 6308, Torch Tower

6308 is a two-bedroom apartment of 1,258 sqft on the 63rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 30 January 2023 for AED 1,310,000, or AED 1,040 per sqft, 5% above the AED 993 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2020. The current contract, signed on 1 November 2020, is AED 55,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6308 over time

Sales
Unit 6308, each saleTypical two-bed in Torch Tower
1M2M2009201420192024Typical 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 1,143,030 (AED 908 per sqft)Sold, October 2012: AED 665,000 (AED 528 per sqft)Sold, January 2023: AED 1,310,000 (AED 1,040 per sqft)

6308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6308, 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, November 2020: AED 55,000 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 6308 sits

All 404 2-beds →

6308 last sold in January 2023 at AED 1,040 per sqft, 5% 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. 6308's AED 55,000 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 63rd floor

All 675 units in Torch Tower
Value
63012-bedAED 637K · Jul 2018
63022-bedAED 1.15M · Jul 2012
63032-bedAED 1.15M · Jul 2012
63042-bedAED 1.15M · Jul 2012
63052-bedAED 1.14M · Nov 2011
63062-bedAED 1.98M · Mar 2026
63072-bedAED 2.5M · Aug 2025

6308, Torch Tower in numbers

  • Sold 3 times: first on 11 April 2012 for AED 1,143,030, last on 30 January 2023 for AED 1,310,000 (AED 1,040 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 4.2%, 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 30 January 2023.

Questions about 6308, Torch Tower

What did unit 6308 last sell for?

AED 1,310,000 on 30 January 2023: AED 1,040 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,143,030 in April 2012.

What is the rent for unit 6308?

AED 55,000 a year on the contract signed on 1 November 2020.

How big is unit 6308?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 63rd floor of a 84-storey tower completed in 2011.

What is unit 6308 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 6308, Torch Tower

Starts from the last sale price (AED 1.31M, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,000
Deposit, UAE resident (20%)
AED 262,000
Deposit, non-resident (40%)
AED 524,000
Monthly over 25 years at 3.7%
AED 5,360

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