706, Torch Tower
Sold prices and rental history: sold 3 times, last in October 2011, 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 706, Torch Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 7th of 84
- Parking
- P4-18
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.03M · October 2011
- Building
- Torch Tower
About 706, Torch Tower
706 is a two-bedroom apartment of 1,198 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 18 October 2011 for AED 1,030,000, or AED 859 per sqft, 7% below the AED 925 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 105,000 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 25,400 a year.
Sales and rents for 706 over time
706 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 706 sits
All 404 2-beds →706 last sold in October 2011 at AED 859 per sqft, 7% below what two-beds in Torch Tower were fetching at the time (AED 925). 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. 706's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 19 Oct 202619 October 2026 | 1,198 sqft | 1,790,000 | 1,493 | ||
| 7 Oct 20267 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 23 Sep 202623 September 2026 | 1,258 sqft | 1,700,000 | 1,350 |
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 | |
| 704 | 1-bed | 887 sqft | AED 988KAED 987,822 · Oct 2013October 2013 | 90,000 /yr | |
| 705 | 1-bed | 887 sqft | AED 1.14MAED 1,136,960 · Mar 2025March 2025 | 84,000 /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 |
706, Torch Tower in numbers
- Sold 3 times: first on 30 April 2009 for AED 1,179,950, last on 18 October 2011 for AED 1,030,000 (AED 859 per sqft).
- Rented since January 2015 on 13 Ejari contracts. The rent fell from AED 130,000 to AED 54,000 in 2022 and recovered to AED 105,000 by August 2026.
- At AED 105,000 a year the gross yield on the 2011 price is 10.2%, before a service charge of about AED 25,400 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 22 August 2026.
Questions about 706, Torch Tower
What did unit 706 last sell for?
AED 1,030,000 on 18 October 2011: AED 859 per sqft for 1,198 sqft. The unit has 3 registered sales; the first was AED 1,179,950 in April 2009.
What is the rent for unit 706?
AED 105,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 105,000; the unit has been rented since January 2015.
How big is unit 706?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 7th floor of a 84-storey tower completed in 2011.
What is unit 706 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 706, Torch Tower
Starts from the last sale price (AED 1.03M, 18 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →