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2-bed · 1,258 sqftTorch Tower, Dubai Marina · 69th floor · completed 2011

6908, Torch Tower

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6908 · DLD and Ejari recordsUpdated 10 July 2022
Last soldAED 2.2M18 June 2014
Current rentAED 80K /yr10 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6908, Torch Tower

What is 6908 worth today?

Last sold for AED 2,200,000 in 2014

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10 Jul 2022RentedRenewal
AED 80,000/yr12 months · AED 64 per sqft
10 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
29 Jun 2018RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
18 Jun 2014SoldReady
AED 2,200,000AED 1,748 per sqft
21 Jun 2013RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
22 Apr 2012Sold by developerReady
AED 1,200,000AED 953 per sqft

Source: Dubai Land Department. Updated 10 July 2022.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
69th of 84
Parking
B2-71
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 2.2M · June 2014
Building
Torch Tower

About 6908, Torch Tower

6908 is a two-bedroom apartment of 1,258 sqft on the 69th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 18 June 2014 for AED 2,200,000, or AED 1,748 per sqft, 31% above the AED 1,338 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 10 July 2022, is AED 80,000 a year: a gross yield of 3.6% on the 2014 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6908 over time

Sales
Unit 6908, 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 1,200,000 (AED 953 per sqft)Sold, June 2014: AED 2,200,000 (AED 1,748 per sqft)

6908 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6908, 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, June 2013: AED 100,000 a yearNew contract, June 2018: AED 80,000 a yearNew contract, July 2021: AED 70,000 a yearRenewal, July 2022: AED 80,000 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 6908 sits

All 404 2-beds →

6908 last sold in June 2014 at AED 1,748 per sqft, 31% above what two-beds in Torch Tower were fetching at the time (AED 1,338). 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. 6908's AED 80,000 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 69th floor

All 675 units in Torch Tower
Value
69012-bedAED 1.86M · May 2009
69022-bedAED 1.18M · Mar 2012
69032-bedAED 1.29M · Feb 2013
69042-bedAED 1.38M · Apr 2012
69052-bedAED 1.41M · Apr 2012
69062-bedAED 1.43M · Feb 2012
69072-bedAED 1.93M · Apr 2009

6908, Torch Tower in numbers

  • Sold twice: first on 22 April 2012 for AED 1,200,000, last on 18 June 2014 for AED 2,200,000 (AED 1,748 per sqft).
  • Rented since June 2013 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 80,000 by July 2022.
  • At AED 80,000 a year the gross yield on the 2014 price is 3.6%, 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 July 2022.

Questions about 6908, Torch Tower

What did unit 6908 last sell for?

AED 2,200,000 on 18 June 2014: AED 1,748 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in April 2012.

What is the rent for unit 6908?

AED 80,000 a year on the contract renewed on 10 July 2022. The previous contract, from July 2021, was AED 70,000; the unit has been rented since June 2013.

How big is unit 6908?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 69th floor of a 84-storey tower completed in 2011.

What is unit 6908 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 6908, Torch Tower

Starts from the last sale price (AED 2.2M, 18 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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