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2-bed · 1,258 sqftTorch Tower, Dubai Marina · 64th floor · completed 2011

6401, Torch Tower

Sold prices and rental history: sold 3 times, last in June 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6401 · DLD and Ejari recordsUpdated 19 June 2018
Last soldAED 610K19 June 2018
Current rentAED 108K /yr14 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6401, Torch Tower

What is 6401 worth today?

Last sold for AED 610,000 in 2018

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19 Jun 2018SoldReady
AED 610,000AED 484 per sqft
14 Aug 2014RentedRenewal
AED 108,000/yr12 months · AED 86 per sqft
14 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
11 Apr 2012SoldReady
AED 1,151,100AED 914 per sqft
9 Aug 2011Sold by developerOff-plan
AED 1,151,100AED 914 per sqft

Source: Dubai Land Department. Updated 19 June 2018.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
64th of 84
Parking
B2-24
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 610K · June 2018
Building
Torch Tower

About 6401, Torch Tower

6401 is a two-bedroom apartment of 1,258 sqft on the 64th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 19 June 2018 for AED 610,000, or AED 484 per sqft, 48% below the AED 933 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 14 August 2014, is AED 108,000 a year: a gross yield of 17.7% on the 2018 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6401 over time

Sales
Unit 6401, 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, August 2011: AED 1,151,100 (AED 914 per sqft)Sold, April 2012: AED 1,151,100 (AED 914 per sqft)Sold, June 2018: AED 610,000 (AED 484 per sqft)

6401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6401, each contractTypical two-bed in Torch Tower
100K2012201620202024Typical 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, August 2013: AED 90,000 a yearRenewal, August 2014: AED 108,000 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 6401 sits

All 404 2-beds →

6401 last sold in June 2018 at AED 484 per sqft, 48% below what two-beds in Torch Tower were fetching at the time (AED 933). 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. 6401's AED 108,000 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 64th floor

All 675 units in Torch Tower
Value
64022-bedAED 1.05M · Mar 2012
64032-bedAED 1.75M · Feb 2024
64042-bedAED 1.25M · Aug 2012
64052-bedAED 1.65M · Aug 2023
64062-bedAED 1.15M · Jan 2013
64072-bedAED 1.15M · Jan 2013
64082-bedAED 1.07M · Oct 2011

6401, Torch Tower in numbers

  • Sold 3 times: first on 9 August 2011 for AED 1,151,100, last on 19 June 2018 for AED 610,000 (AED 484 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 90,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2018 price is 17.7%, 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 19 June 2018.

Questions about 6401, Torch Tower

What did unit 6401 last sell for?

AED 610,000 on 19 June 2018: AED 484 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,151,100 in August 2011.

What is the rent for unit 6401?

AED 108,000 a year on the contract renewed on 14 August 2014. The previous contract, from August 2013, was AED 90,000.

How big is unit 6401?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 64th floor of a 84-storey tower completed in 2011.

What is unit 6401 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 6401, Torch Tower

Starts from the last sale price (AED 610K, 19 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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