704, Torch Tower
Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Torch Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 18 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 887 sqft
- Floor
- 7th of 84
- Parking
- P4-16
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 18,800 /yr
- Last sold
- AED 988K · October 2013
- Building
- Torch Tower
About 704, Torch Tower
704 is a one-bedroom apartment of 887 sqft on the 7th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 3 October 2013 for AED 987,822, or AED 1,113 per sqft, 5% below the AED 1,167 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 18 January 2026, is AED 90,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 18,800 a year.
Sales and rents for 704 over time
704 has sold 3 times; 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 704 sits
All 220 1-beds →704 last sold in October 2013 at AED 1,113 per sqft, 5% below what one-beds in Torch Tower were fetching at the time (AED 1,167). 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. 704'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 7th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 978 sqft | AED 760KAED 760,000 · Oct 2019October 2019 | 100,000 /yr | |
| 702 | 1-bed | 978 sqft | AED 705KAED 705,000 · Oct 2020October 2020 | 72,000 /yr | |
| 703 | 2-bed | 1,198 sqft | AED 1.55MAED 1,550,000 · Oct 2013October 2013 | 130,000 /yr | |
| 705 | 1-bed | 887 sqft | AED 1.14MAED 1,136,960 · Mar 2025March 2025 | 84,000 /yr | |
| 706 | 2-bed | 1,198 sqft | AED 1.03MAED 1,030,000 · Oct 2011October 2011 | 105,000 /yr | |
| 707 | 1-bed | 978 sqft | AED 1.37MAED 1,365,000 · Dec 2023December 2023 | 60,000 /yr | |
| 708 | 1-bed | 978 sqft | AED 1.03MAED 1,025,000 · Nov 2022November 2022 | 88,000 /yr | |
| 709 | 2-bed | 1,198 sqft | AED 900KAED 900,000 · May 2015May 2015 | 125,000 /yr | |
| 710 | 1-bed | 887 sqft | AED 1.19MAED 1,188,790 · Mar 2009March 2009 | 65,000 /yr | |
| 711 | 1-bed | 887 sqft | AED 1.33MAED 1,329,000 · Jun 2014June 2014 | 110,000 /yr | |
| 712 | 2-bed | 1,198 sqft | AED 1.2MAED 1,200,000 · Aug 2012August 2012 | 140,000 /yr |
704, Torch Tower in numbers
- Sold 3 times: first on 4 May 2009 for AED 829,950, last on 3 October 2013 for AED 987,822 (AED 1,113 per sqft).
- Rented since February 2015 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 90,000 by January 2026.
- At AED 90,000 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 18,800 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 18 January 2026.
Questions about 704, Torch Tower
What did unit 704 last sell for?
AED 987,822 on 3 October 2013: AED 1,113 per sqft for 887 sqft. The unit has 3 registered sales; the first was AED 829,950 in May 2009.
What is the rent for unit 704?
AED 90,000 a year on the contract renewed on 18 January 2026. The previous contract, from January 2026, was AED 90,000; the unit has been rented since February 2015.
How big is unit 704?
887 sqft (82.4 sqm): a one-bedroom apartment on the 7th floor of a 84-storey tower completed in 2011.
What is unit 704 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 704, Torch Tower
Starts from the last sale price (AED 988K, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 987,822
- Deposit, UAE resident (20%)
- AED 197,564
- Deposit, non-resident (40%)
- AED 395,129
- Monthly over 25 years at 3.7%
- AED 4,041
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →