1-bed · 808 sqftTorch Tower, Dubai Marina · 72nd floor · completed 2011

7206, Torch Tower

Sold prices and rental history: sold 6 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7206 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.5M1 November 2024
Current rentAED 66K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7206, Torch Tower

What is 7206 worth today?

Last sold for AED 1,500,000 in 2024

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1 Nov 2024SoldReady
AED 1,500,000AED 1,855 per sqft
1 Sep 2022RentedNew contract
AED 66,000/yr12 months · AED 82 per sqft
27 May 2020SoldReady
AED 790,000AED 977 per sqft
12 May 2019SoldReady
AED 655,000AED 810 per sqft
16 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
25 Jul 2017RentedNew contract
AED 87,000/yr12 months · AED 108 per sqft
5 Jun 2015RentedRenewal
AED 105,000/yr12 months · AED 130 per sqft
5 Jun 2014RentedNew contract
AED 110,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
72nd of 84
Parking
B1-3
Developer
Torch Select
Completed
2011
Service charge
AED 17,100 /yr
Last sold
AED 1.5M · November 2024
Building
Torch Tower

About 7206, Torch Tower

7206 is a one-bedroom apartment of 808 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 1 November 2024 for AED 1,500,000, or AED 1,855 per sqft, 34% above the AED 1,388 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 September 2022, is AED 66,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 17,100 a year.

Sales and rents for 7206 over time

Sales
Unit 7206, each saleTypical one-bed in Torch Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,077,057; 2010 AED 882,795; 2011 AED 805,052; 2012 AED 828,563; 2013 AED 1,122,500; 2014 AED 1,292,778; 2015 AED 1,172,956; 2016 AED 1,160,000; 2017 AED 1,220,000; 2018 AED 900,000; 2019 AED 776,500; 2020 AED 595,000; 2021 AED 700,000; 2022 AED 910,000; 2023 AED 1,045,000; 2024 AED 1,300,000; 2025 AED 1,255,000; 2026 AED 1,320,000Sold by developer, September 2009: AED 1,233,108 (AED 1,525 per sqft)Sold, April 2014: AED 1,139,538 (AED 1,409 per sqft)Sold, May 2014: AED 1,354,863 (AED 1,676 per sqft)Sold, May 2019: AED 655,000 (AED 810 per sqft)Sold, May 2020: AED 790,000 (AED 977 per sqft)Sold, November 2024: AED 1,500,000 (AED 1,855 per sqft)

7206 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7206, each contractTypical one-bed in Torch Tower
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 77,000; 2014 AED 89,250; 2015 AED 95,000; 2016 AED 94,048; 2017 AED 85,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 55,000; 2022 AED 63,800; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 84,000New contract, June 2014: AED 110,000 a yearRenewal, June 2015: AED 105,000 a yearNew contract, July 2017: AED 87,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, September 2022: AED 66,000 a year

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 7206 sits

All 220 1-beds →

7206 last sold in November 2024 at AED 1,855 per sqft, 34% above what one-beds in Torch Tower were fetching at the time (AED 1,388). 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. 7206's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,450,000
13 Aug 20261,050,000
7 Aug 20261,100,000
9 Jul 20261,304,288
12 1-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
72043-bedAED 2.18M · Feb 2012
72051-bedAED 1.5M · Apr 2026
72071-bedAED 827K · May 2012
72081-bedAED 1M · Dec 2023

7206, Torch Tower in numbers

  • Sold 6 times: first on 30 September 2009 for AED 1,233,108, last on 1 November 2024 for AED 1,500,000 (AED 1,855 per sqft).
  • Rented since June 2014 on 5 Ejari contracts, from AED 110,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 17,100 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 1 November 2024.

Questions about 7206, Torch Tower

What did unit 7206 last sell for?

AED 1,500,000 on 1 November 2024: AED 1,855 per sqft for 808 sqft. The unit has 6 registered sales; the first was AED 1,233,108 in September 2009.

What is the rent for unit 7206?

AED 66,000 a year on the contract signed on 1 September 2022. The previous contract, from August 2018, was AED 65,000; the unit has been rented since June 2014.

How big is unit 7206?

808 sqft (75.1 sqm): a one-bedroom apartment on the 72nd floor of a 84-storey tower completed in 2011.

What is unit 7206 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 7206, Torch Tower

Starts from the last sale price (AED 1.5M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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