7008, Torch Tower
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7008, Torch Tower
What is 7008 worth today?
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Source: Dubai Land Department. Updated 25 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 70th of 84
- Parking
- B2-79
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 17,100 /yr
- Last sold
- AED 1.28M · May 2009
- Building
- Torch Tower
About 7008, Torch Tower
7008 is a one-bedroom apartment of 808 sqft on the 70th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 20 May 2009 for AED 1,279,387, or AED 1,582 per sqft, 38% above the AED 1,150 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 25 August 2025, is AED 90,000 a year: a gross yield of 7.0% on the 2009 price, before the service charge of about AED 17,100 a year.
Sales and rents for 7008 over time
7008 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Torch Tower, and where 7008 sits
All 220 1-beds →7008 last sold in May 2009 at AED 1,582 per sqft, 38% above what one-beds in Torch Tower were fetching at the time (AED 1,150). Over the last 12 months one-beds sold for AED 175,586 to 1,500,000, around AED 1,476 per sqft, and rent for AED 22,500 to 135,000 a year. 7008's AED 90,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 978 sqft | 1,450,000 | 1,482 | ||
| 13 Aug 202613 August 2026 | 887 sqft | 1,050,000 | 1,184 | ||
| 7 Aug 20267 August 2026 | 887 sqft | 1,100,000 | 1,240 | ||
| 9 Jul 20269 July 2026 | 887 sqft | 1,304,288 | 1,470 |
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 | ||
| 7003 | 3-bed | 1,713 sqft | AED 1.65MAED 1,650,000 · Oct 2022October 2022 | 130,000 /yr | |
| 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, Torch Tower in numbers
- Sold once: by Torch Select on 20 May 2009 for AED 1,279,387, or AED 1,582 per sqft.
- Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2020 and recovered to AED 90,000 by August 2025.
- At AED 90,000 a year the gross yield on the 2009 price is 7.0%, before a service charge of about AED 17,100 a year (AED 21.19 per sqft).
- One-beds in Torch Tower sold for AED 175,586–1,500,000 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 25 August 2025.
Questions about 7008, Torch Tower
What did unit 7008 last sell for?
AED 1,279,387 on 20 May 2009, sold by the developer: AED 1,582 per sqft for 808 sqft. It is the only registered sale of the unit.
What is the rent for unit 7008?
AED 90,000 a year on the contract renewed on 25 August 2025. The previous contract, from August 2024, was AED 90,000; the unit has been rented since September 2013.
How big is unit 7008?
808 sqft (75.1 sqm): a one-bedroom apartment on the 70th floor of a 84-storey tower completed in 2011.
What is unit 7008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Torch Tower sold for AED 175,586 to 1,500,000 in the last 12 months, around AED 1,476 per sqft.
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Mortgage on 7008, Torch Tower
Starts from the last sale price (AED 1.28M, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,279,387
- Deposit, UAE resident (20%)
- AED 255,877
- Deposit, non-resident (40%)
- AED 511,755
- Monthly over 25 years at 3.7%
- AED 5,234
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →