3-bed · 1,717 sqftTorch Tower, Dubai Marina · 72nd floor · completed 2011

7202, Torch Tower

Sold prices and rental history: sold 4 times, last in January 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7202 · DLD and Ejari recordsUpdated 6 January 2020
Last soldAED 1.32M6 January 2020
Current rentAED 130K /yr13 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7202, Torch Tower

What is 7202 worth today?

Last sold for AED 1,318,888 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Jan 2020SoldReady
AED 1,318,888AED 768 per sqft
26 Nov 2019SoldReady
AED 1,075,000AED 625 per sqft
13 Nov 2018RentedRenewal
AED 130,000/yr12 months · AED 76 per sqft
13 Nov 2017RentedRenewal
AED 140,000/yr12 months · AED 82 per sqft
13 Nov 2016RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
14 Oct 2015RentedRenewal
AED 196,350/yr12 months · AED 114 per sqft
14 Oct 2014RentedRenewal
AED 187,000/yr12 months · AED 109 per sqft
14 Oct 2013RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 6 January 2020.

Key facts

Type
3-bed apartment
Size
1,717 sqft
Floor
72nd of 84
Parking
B2-93
Developer
Torch Select
Completed
2011
Service charge
AED 36,400 /yr
Last sold
AED 1.32M · January 2020
Building
Torch Tower

About 7202, Torch Tower

7202 is a three-bedroom apartment of 1,717 sqft on the 72nd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 6 January 2020 for AED 1,318,888, or AED 768 per sqft, in line with the AED 759 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 13 November 2018, is AED 130,000 a year: a gross yield of 9.9% on the 2020 price, before the service charge of about AED 36,400 a year.

Sales and rents for 7202 over time

Sales
Unit 7202, each saleTypical three-bed in Torch Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,604,504; 2011 AED 2,519,332; 2012 AED 2,150,000; 2013 AED 2,462,500; 2014 AED 2,785,091; 2019 AED 1,304,750; 2020 AED 1,235,000; 2022 AED 1,800,000; 2023 AED 2,245,000; 2024 AED 3,482,500; 2025 AED 3,575,000; 2026 AED 2,750,000Sold by developer, April 2009: AED 1,828,503 (AED 1,064 per sqft)Sold, March 2012: AED 1,828,503 (AED 1,064 per sqft)Sold, November 2019: AED 1,075,000 (AED 625 per sqft)Sold, January 2020: AED 1,318,888 (AED 768 per sqft)

7202 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7202, each contractTypical three-bed in Torch Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 160,000; 2014 AED 177,500; 2015 AED 189,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 130,000; 2019 AED 112,500; 2020 AED 92,500; 2021 AED 95,000; 2022 AED 132,500; 2023 AED 147,500; 2024 AED 162,500; 2025 AED 165,000; 2026 AED 162,500New contract, October 2012: AED 135,000 a yearNew contract, October 2013: AED 170,000 a yearRenewal, October 2014: AED 187,000 a yearRenewal, October 2015: AED 196,350 a yearNew contract, November 2016: AED 160,000 a yearRenewal, November 2017: AED 140,000 a yearRenewal, November 2018: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Torch Tower, and where 7202 sits

All 50 3-beds →

7202 last sold in January 2020 at AED 768 per sqft, in line with what three-beds in Torch Tower were fetching at the time (AED 759). Over the last 12 months three-beds sold for AED 2,500,000 to 5,755,568, around AED 1,576 per sqft, and rent for AED 122,000 to 470,001 a year. 7202's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20262,700,000
24 Jun 20265,755,568
17 Mar 20262,500,000
6 Feb 20262,750,000
5 3-bed sales in the last 12 months

Torch Tower

Building

675 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%
Torch Tower, Dubai Marina: prices, sales and rents →

Other units on the 72nd floor

All 675 units in Torch Tower
Value
72013-bedAED 2M · Aug 2022
72033-bedAED 2.18M · Feb 2012
72043-bedAED 2.18M · Feb 2012
72051-bedAED 1.5M · Apr 2026
72061-bedAED 1.5M · Nov 2024
72071-bedAED 827K · May 2012
72081-bedAED 1M · Dec 2023

7202, Torch Tower in numbers

  • Sold 4 times: first on 26 April 2009 for AED 1,828,503, last on 6 January 2020 for AED 1,318,888 (AED 768 per sqft).
  • Rented since October 2012 on 7 Ejari contracts, from AED 135,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2020 price is 9.9%, before a service charge of about AED 36,400 a year (AED 21.19 per sqft).
  • Three-beds in Torch Tower sold for AED 2,500,000–5,755,568 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 6 January 2020.

Questions about 7202, Torch Tower

What did unit 7202 last sell for?

AED 1,318,888 on 6 January 2020: AED 768 per sqft for 1,717 sqft. The unit has 4 registered sales; the first was AED 1,828,503 in April 2009.

What is the rent for unit 7202?

AED 130,000 a year on the contract renewed on 13 November 2018. The previous contract, from November 2017, was AED 140,000; the unit has been rented since October 2012.

How big is unit 7202?

1,717 sqft (159.5 sqm): a three-bedroom apartment on the 72nd floor of a 84-storey tower completed in 2011.

What is unit 7202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Torch Tower sold for AED 2,500,000 to 5,755,568 in the last 12 months, around AED 1,576 per sqft.

Selling 7202? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 7202, Torch Tower

Starts from the last sale price (AED 1.32M, 6 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,318,888
Deposit, UAE resident (20%)
AED 263,778
Deposit, non-resident (40%)
AED 527,555
Monthly over 25 years at 3.7%
AED 5,396

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →