709, Torch Tower
Sold prices and rental history: sold 4 times, last in May 2015, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Torch Tower
What is 709 worth today?
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Source: Dubai Land Department. Updated 8 January 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 7th of 84
- Parking
- P4-21
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 900K · May 2015
- Building
- Torch Tower
About 709, Torch Tower
709 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 20 May 2015 for AED 900,000, or AED 750 per sqft, 52% below the AED 1,553 two-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 8 January 2017, is AED 125,000 a year: a gross yield of 13.9% on the 2015 price, before the service charge of about AED 25,400 a year.
Sales and rents for 709 over time
709 has sold 4 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 709 sits
All 404 2-beds →709 last sold in May 2015 at AED 750 per sqft, 52% below what two-beds in Torch Tower were fetching at the time (AED 1,553). 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. 709's AED 125,000 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 | |
| 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 | |
| 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 |
709, Torch Tower in numbers
- Sold 4 times: first on 26 April 2009 for AED 1,156,351, last on 20 May 2015 for AED 900,000 (AED 750 per sqft).
- Rented since January 2015 on 3 Ejari contracts, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2015 price is 13.9%, 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 8 January 2017.
Questions about 709, Torch Tower
What did unit 709 last sell for?
AED 900,000 on 20 May 2015: AED 750 per sqft for 1,198 sqft. The unit has 4 registered sales; the first was AED 1,156,351 in April 2009.
What is the rent for unit 709?
AED 125,000 a year on the contract signed on 8 January 2017. The previous contract, from January 2016, was AED 125,000; the unit has been rented since January 2015.
How big is unit 709?
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 709 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 709, Torch Tower
Starts from the last sale price (AED 900K, 20 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →