707, Torch Tower
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Torch Tower
What is 707 worth today?
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Source: Dubai Land Department. Updated 29 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 7th of 84
- Parking
- P4-19
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.37M · December 2023
- Building
- Torch Tower
About 707, Torch Tower
707 is a one-bedroom apartment of 978 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 11 December 2023 for AED 1,365,000, or AED 1,395 per sqft, 13% above the AED 1,239 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 29 December 2023, is AED 60,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 20,700 a year.
Sales and rents for 707 over time
707 has sold twice; 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 707 sits
All 220 1-beds →707 last sold in December 2023 at AED 1,395 per sqft, 13% above what one-beds in Torch Tower were fetching at the time (AED 1,239). 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. 707's AED 60,000 is in the lower 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 | |
| 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 | |
| 706 | 2-bed | 1,198 sqft | AED 1.03MAED 1,030,000 · Oct 2011October 2011 | 105,000 /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 |
707, Torch Tower in numbers
- Sold twice: first on 30 April 2009 for AED 1,317,703, last on 11 December 2023 for AED 1,365,000 (AED 1,395 per sqft).
- Rented since October 2012 on 11 Ejari contracts, from AED 75,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 20,700 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 29 December 2023.
Questions about 707, Torch Tower
What did unit 707 last sell for?
AED 1,365,000 on 11 December 2023: AED 1,395 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 1,317,703 in April 2009.
What is the rent for unit 707?
AED 60,000 a year on the contract signed on 29 December 2023. The previous contract, from July 2022, was AED 66,000; the unit has been rented since October 2012.
How big is unit 707?
978 sqft (90.9 sqm): a one-bedroom apartment on the 7th floor of a 84-storey tower completed in 2011.
What is unit 707 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 707, Torch Tower
Starts from the last sale price (AED 1.37M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,365,000
- Deposit, UAE resident (20%)
- AED 273,000
- Deposit, non-resident (40%)
- AED 546,000
- Monthly over 25 years at 3.7%
- AED 5,585
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →