7203, Torch Tower
Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7203, Torch Tower
What is 7203 worth today?
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Source: Dubai Land Department. Updated 20 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,713 sqft
- Floor
- 72nd of 84
- Parking
- B2-94
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,300 /yr
- Last sold
- AED 2.18M · February 2012
- Building
- Torch Tower
About 7203, Torch Tower
7203 is a three-bedroom apartment of 1,713 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 26 February 2012 for AED 2,184,736, or AED 1,275 per sqft, 3% above the AED 1,235 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 143,640 a year: a gross yield of 6.6% on the 2012 price, before the service charge of about AED 36,300 a year.
Sales and rents for 7203 over time
7203 has sold twice; the dashed line is the three-bed median of each year in the building.
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 7203 sits
All 50 3-beds →7203 last sold in February 2012 at AED 1,275 per sqft, 3% above what three-beds in Torch Tower were fetching at the time (AED 1,235). 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. 7203's AED 143,640 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,713 sqft | 2,700,000 | 1,576 | ||
| 24 Jun 202624 June 2026 | 4,033 sqft | 5,755,568 | 1,427 | ||
| 17 Mar 202617 March 2026 | 1,713 sqft | 2,500,000 | 1,459 | ||
| 6 Feb 20266 February 2026 | 1,713 sqft | 2,750,000 | 1,605 |
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 72nd floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7201 | 3-bed | 1,713 sqft | AED 2MAED 2,000,000 · Aug 2022August 2022 | 122,000 /yr | |
| 7202 | 3-bed | 1,717 sqft | AED 1.32MAED 1,318,888 · Jan 2020January 2020 | 130,000 /yr | |
| 7204 | 3-bed | 1,717 sqft | AED 2.18MAED 2,184,736 · Feb 2012February 2012 | 129,600 /yr | |
| 7205 | 1-bed | 808 sqft | AED 1.5MAED 1,500,000 · Apr 2026April 2026 | 22,500 /yr | |
| 7206 | 1-bed | 808 sqft | AED 1.5MAED 1,500,000 · Nov 2024November 2024 | 66,000 /yr | |
| 7207 | 1-bed | 808 sqft | AED 827KAED 827,175 · May 2012May 2012 | 80,000 /yr | |
| 7208 | 1-bed | 808 sqft | AED 1MAED 1,000,000 · Dec 2023December 2023 | 77,700 /yr |
7203, Torch Tower in numbers
- Sold twice: first on 20 May 2009 for AED 2,184,736, last on 26 February 2012 for AED 2,184,736 (AED 1,275 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 144,598 to AED 95,000 in 2021 and recovered to AED 143,640 by October 2024.
- At AED 143,640 a year the gross yield on the 2012 price is 6.6%, before a service charge of about AED 36,300 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 20 October 2024.
Questions about 7203, Torch Tower
What did unit 7203 last sell for?
AED 2,184,736 on 26 February 2012: AED 1,275 per sqft for 1,713 sqft. The unit has 2 registered sales; the first was AED 2,184,736 in May 2009.
What is the rent for unit 7203?
AED 143,640 a year on the contract renewed on 20 October 2024. The previous contract, from October 2024, was AED 143,640; the unit has been rented since September 2013.
How big is unit 7203?
1,713 sqft (159.1 sqm): a three-bedroom apartment on the 72nd floor of a 84-storey tower completed in 2011.
What is unit 7203 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.
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Mortgage on 7203, Torch Tower
Starts from the last sale price (AED 2.18M, 26 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,184,736
- Deposit, UAE resident (20%)
- AED 436,947
- Deposit, non-resident (40%)
- AED 873,894
- Monthly over 25 years at 3.7%
- AED 8,938
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →