2-bed · 1,258 sqftTorch Tower, Dubai Marina · 68th floor · completed 2011

6807, Torch Tower

Sold prices and rental history: sold 3 times, last in June 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6807 · DLD and Ejari recordsUpdated 7 June 2016
Last soldAED 1.59M7 June 2016
Current rentAED 127K /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6807, Torch Tower

What is 6807 worth today?

Last sold for AED 1,585,000 in 2016

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7 Jun 2016SoldReady
AED 1,585,000AED 1,259 per sqft
1 Aug 2015RentedRenewal
AED 126,500/yr12 months · AED 101 per sqft
1 Aug 2014RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
1 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
26 Jun 2013SoldReady
AED 1,712,086AED 1,360 per sqft
25 Apr 2009Sold by developerOff-plan
AED 1,978,202AED 1,571 per sqft

Source: Dubai Land Department. Updated 7 June 2016.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
68th of 84
Parking
B2-62
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.59M · June 2016
Building
Torch Tower

About 6807, Torch Tower

6807 is a two-bedroom apartment of 1,258 sqft on the 68th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 7 June 2016 for AED 1,585,000, or AED 1,259 per sqft, in line with the AED 1,235 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 August 2015, is AED 126,500 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6807 over time

Sales
Unit 6807, 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 2009: AED 1,978,202 (AED 1,571 per sqft)Sold, June 2013: AED 1,712,086 (AED 1,360 per sqft)Sold, June 2016: AED 1,585,000 (AED 1,259 per sqft)

6807 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6807, 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 100,000 a yearNew contract, August 2014: AED 115,000 a yearRenewal, August 2015: AED 126,500 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 6807 sits

All 404 2-beds →

6807 last sold in June 2016 at AED 1,259 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 1,235). 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. 6807's AED 126,500 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 68th floor

All 675 units in Torch Tower
Value
68012-bedAED 1M · Jun 2021
68022-bedAED 1.65M · Nov 2023
68032-bedAED 1.38M · Mar 2012
68042-bedAED 1.8M · Apr 2014
68052-bedAED 2.06M · May 2009
68062-bedAED 1.98M · Mar 2014
68082-bedAED 970K · May 2021

6807, Torch Tower in numbers

  • Sold 3 times: first on 25 April 2009 for AED 1,978,202, last on 7 June 2016 for AED 1,585,000 (AED 1,259 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 100,000 to AED 126,500 a year.
  • At AED 126,500 a year the gross yield on the 2016 price is 8.0%, 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 7 June 2016.

Questions about 6807, Torch Tower

What did unit 6807 last sell for?

AED 1,585,000 on 7 June 2016: AED 1,259 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,978,202 in April 2009.

What is the rent for unit 6807?

AED 126,500 a year on the contract renewed on 1 August 2015. The previous contract, from August 2014, was AED 115,000; the unit has been rented since August 2013.

How big is unit 6807?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 68th floor of a 84-storey tower completed in 2011.

What is unit 6807 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 6807, Torch Tower

Starts from the last sale price (AED 1.59M, 7 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,585,000
Deposit, UAE resident (20%)
AED 317,000
Deposit, non-resident (40%)
AED 634,000
Monthly over 25 years at 3.7%
AED 6,485

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