7003, Torch Tower
Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7003, Torch Tower
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Source: Dubai Land Department. Updated 19 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,713 sqft
- Floor
- 70th of 84
- Parking
- B2-74
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,300 /yr
- Last sold
- AED 1.65M · October 2022
- Building
- Torch Tower
About 7003, Torch Tower
7003 is a three-bedroom apartment of 1,713 sqft on the 70th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 19 October 2022 for AED 1,650,000, or AED 963 per sqft, 4% above the AED 922 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 11 February 2022, is AED 130,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 36,300 a year.
Sales and rents for 7003 over time
7003 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Torch Tower, and where 7003 sits
All 50 3-beds →7003 last sold in October 2022 at AED 963 per sqft, 4% above what three-beds in Torch Tower were fetching at the time (AED 922). Over the last 12 months three-beds sold for AED 2,500,000 to 5,755,568, around AED 1,576 per sqft, and rent for AED 122,000 to 470,001 a year. 7003's AED 130,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,713 sqft | 2,700,000 | 1,576 | ||
| 24 Jun 202624 June 2026 | 4,033 sqft | 5,755,568 | 1,427 | ||
| 17 Mar 202617 March 2026 | 1,713 sqft | 2,500,000 | 1,459 | ||
| 6 Feb 20266 February 2026 | 1,713 sqft | 2,750,000 | 1,605 |
Torch Tower
Building675 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%
Other units on the 70th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7001 | 3-bed | 1,713 sqft | AED 2.5MAED 2,500,000 · Mar 2026March 2026 | 180,000 /yr | |
| 7002 | 3-bed | 1,717 sqft | AED 2.53MAED 2,525,000 · Oct 2013October 2013 | ||
| 7004 | 3-bed | 1,717 sqft | AED 1.8MAED 1,800,000 · Nov 2022November 2022 | 115,000 /yr | |
| 7005 | 1-bed | 808 sqft | AED 1.35MAED 1,350,000 · Dec 2024December 2024 | 82,463 /yr | |
| 7006 | 1-bed | 808 sqft | AED 1.33MAED 1,328,000 · Jul 2014July 2014 | 95,000 /yr | |
| 7007 | 1-bed | 808 sqft | AED 1.43MAED 1,425,000 · Nov 2013November 2013 | 92,000 /yr | |
| 7008 | 1-bed | 808 sqft | AED 1.28MAED 1,279,387 · May 2009May 2009 | 90,000 /yr |
7003, Torch Tower in numbers
- Sold 3 times: first on 20 May 2009 for AED 2,089,600, last on 19 October 2022 for AED 1,650,000 (AED 963 per sqft).
- Rented since February 2016 on 4 Ejari contracts. The rent fell from AED 169,496 to AED 95,000 in 2019 and recovered to AED 130,000 by February 2022.
- At AED 130,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 36,300 a year (AED 21.19 per sqft).
- Three-beds in Torch Tower sold for AED 2,500,000–5,755,568 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 October 2022.
Questions about 7003, Torch Tower
What did unit 7003 last sell for?
AED 1,650,000 on 19 October 2022: AED 963 per sqft for 1,713 sqft. The unit has 3 registered sales; the first was AED 2,089,600 in May 2009.
What is the rent for unit 7003?
AED 130,000 a year on the contract signed on 11 February 2022. The previous contract, from August 2019, was AED 95,000; the unit has been rented since February 2016.
How big is unit 7003?
1,713 sqft (159.1 sqm): a three-bedroom apartment on the 70th floor of a 84-storey tower completed in 2011.
What is unit 7003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Torch Tower sold for AED 2,500,000 to 5,755,568 in the last 12 months, around AED 1,576 per sqft.
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Mortgage on 7003, Torch Tower
Starts from the last sale price (AED 1.65M, 19 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →