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

7204, Torch Tower

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

Unit 7204 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 2.18M26 February 2012
Current rentAED 130K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7204, Torch Tower

What is 7204 worth today?

Last sold for AED 2,184,736 in 2012

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15 Sep 2024RentedRenewal
AED 129,600/yr12 months · AED 75 per sqft
15 Sep 2024RentedRenewal
AED 129,600/yr12 months · AED 75 per sqft
15 Sep 2023RentedRenewal
AED 108,000/yr12 months · AED 63 per sqft
15 Sep 2023RentedRenewal
AED 108,000/yr12 months · AED 63 per sqft
15 Sep 2022RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
15 Sep 2021RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
21 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
26 Feb 2012SoldReady
AED 2,184,736AED 1,272 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
3-bed apartment
Size
1,717 sqft
Floor
72nd of 84
Parking
B1-1
Developer
Torch Select
Completed
2011
Service charge
AED 36,400 /yr
Last sold
AED 2.18M · February 2012
Building
Torch Tower

About 7204, Torch Tower

7204 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 26 February 2012 for AED 2,184,736, or AED 1,272 per sqft, in line with the AED 1,235 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 129,600 a year: a gross yield of 5.9% on the 2012 price, before the service charge of about AED 36,400 a year.

Sales and rents for 7204 over time

Sales
Unit 7204, each saleTypical three-bed in Torch Tower
2M2009201420192024Typical 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, December 2009: AED 2,184,736 (AED 1,272 per sqft)Sold, February 2012: AED 2,184,736 (AED 1,272 per sqft)

7204 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7204, 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, August 2020: AED 80,000 a yearNew contract, September 2021: AED 90,000 a yearRenewal, September 2022: AED 90,000 a yearRenewal, September 2023: AED 108,000 a yearRenewal, September 2023: AED 108,000 a yearRenewal, September 2024: AED 129,600 a yearRenewal, September 2024: AED 129,600 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 7204 sits

All 50 3-beds →

7204 last sold in February 2012 at AED 1,272 per sqft, in line with 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. 7204's AED 129,600 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
72023-bedAED 1.32M · Jan 2020
72033-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

7204, Torch Tower in numbers

  • Sold twice: first on 8 December 2009 for AED 2,184,736, last on 26 February 2012 for AED 2,184,736 (AED 1,272 per sqft).
  • Rented since August 2020 on 7 Ejari contracts, from AED 80,000 to AED 129,600 a year.
  • At AED 129,600 a year the gross yield on the 2012 price is 5.9%, 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 15 September 2024.

Questions about 7204, Torch Tower

What did unit 7204 last sell for?

AED 2,184,736 on 26 February 2012: AED 1,272 per sqft for 1,717 sqft. The unit has 2 registered sales; the first was AED 2,184,736 in December 2009.

What is the rent for unit 7204?

AED 129,600 a year on the contract renewed on 15 September 2024. The previous contract, from September 2024, was AED 129,600; the unit has been rented since August 2020.

How big is unit 7204?

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 7204 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 7204, 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 →