3-bed · 1,717 sqftTorch Tower, Dubai Marina · 70th floor · completed 2011

7004, Torch Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7004 · DLD and Ejari recordsUpdated 29 November 2022
Last soldAED 1.8M29 November 2022
Current rentAED 115K /yr6 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7004, Torch Tower

What is 7004 worth today?

Last sold for AED 1,800,000 in 2022

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29 Nov 2022SoldReady
AED 1,800,000AED 1,048 per sqft
6 Jun 2022RentedRenewal
AED 115,000/yr12 months · AED 67 per sqft
6 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
1 Jan 2019RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
15 Jan 2018RentedNew contract
AED 135,000/yr12 months · AED 78 per sqft
1 Nov 2017RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
28 Sep 2017SoldReady
AED 2,100,000AED 1,222 per sqft
10 Apr 2014RentedNew contract
AED 165,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 29 November 2022.

Key facts

Type
3-bed apartment
Size
1,717 sqft
Floor
70th of 84
Parking
B2-75
Developer
Torch Select
Completed
2011
Service charge
AED 36,400 /yr
Last sold
AED 1.8M · November 2022
Building
Torch Tower

About 7004, Torch Tower

7004 is a three-bedroom apartment of 1,717 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 29 November 2022 for AED 1,800,000, or AED 1,048 per sqft, 9% above the AED 963 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 6 June 2022, is AED 115,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 36,400 a year.

Sales and rents for 7004 over time

Sales
Unit 7004, each saleTypical three-bed in Torch Tower
2M2009201420192024Typical sale price by year: 2009 AED 2,604,504; 2011 AED 2,519,332; 2012 AED 2,150,000; 2013 AED 2,462,500; 2014 AED 2,785,091; 2019 AED 1,304,750; 2020 AED 1,235,000; 2022 AED 1,800,000; 2023 AED 2,245,000; 2024 AED 3,482,500; 2025 AED 3,575,000; 2026 AED 2,750,000Sold by developer, April 2009: AED 3,118,898 (AED 1,816 per sqft)Sold, September 2017: AED 2,100,000 (AED 1,222 per sqft)Sold, November 2022: AED 1,800,000 (AED 1,048 per sqft)

7004 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7004, each contractTypical three-bed in Torch Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 160,000; 2014 AED 177,500; 2015 AED 189,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 130,000; 2019 AED 112,500; 2020 AED 92,500; 2021 AED 95,000; 2022 AED 132,500; 2023 AED 147,500; 2024 AED 162,500; 2025 AED 165,000; 2026 AED 162,500New contract, April 2014: AED 165,000 a yearNew contract, November 2017: AED 150,000 a yearNew contract, January 2018: AED 135,000 a yearNew contract, January 2019: AED 100,000 a yearNew contract, June 2021: AED 110,000 a yearRenewal, June 2022: AED 115,000 a year

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 7004 sits

All 50 3-beds →

7004 last sold in November 2022 at AED 1,048 per sqft, 9% above what three-beds in Torch Tower were fetching at the time (AED 963). 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. 7004's AED 115,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20262,700,000
24 Jun 20265,755,568
17 Mar 20262,500,000
6 Feb 20262,750,000
5 3-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 70th floor

All 675 units in Torch Tower
Value
70013-bedAED 2.5M · Mar 2026
70023-bedAED 2.53M · Oct 2013
70033-bedAED 1.65M · Oct 2022
70051-bedAED 1.35M · Dec 2024
70061-bedAED 1.33M · Jul 2014
70071-bedAED 1.43M · Nov 2013
70081-bedAED 1.28M · May 2009

7004, Torch Tower in numbers

  • Sold 3 times: first on 25 April 2009 for AED 3,118,898, last on 29 November 2022 for AED 1,800,000 (AED 1,048 per sqft).
  • Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 165,000 to AED 100,000 in 2019 and recovered to AED 115,000 by June 2022.
  • At AED 115,000 a year the gross yield on the 2022 price is 6.4%, before a service charge of about AED 36,400 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 29 November 2022.

Questions about 7004, Torch Tower

What did unit 7004 last sell for?

AED 1,800,000 on 29 November 2022: AED 1,048 per sqft for 1,717 sqft. The unit has 3 registered sales; the first was AED 3,118,898 in April 2009.

What is the rent for unit 7004?

AED 115,000 a year on the contract renewed on 6 June 2022. The previous contract, from June 2021, was AED 110,000; the unit has been rented since April 2014.

How big is unit 7004?

1,717 sqft (159.5 sqm): a three-bedroom apartment on the 70th floor of a 84-storey tower completed in 2011.

What is unit 7004 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 7004, Torch Tower

Starts from the last sale price (AED 1.8M, 29 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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