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3-bed · 1,713 sqftTorch Tower, Dubai Marina · 73rd floor · completed 2011

7303, Torch Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7303 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 2.65M14 August 2024
Current rentAED 100K /yr7 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7303, Torch Tower

What is 7303 worth today?

Last sold for AED 2,650,000 in 2024

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14 Aug 2024SoldReady
AED 2,650,000AED 1,547 per sqft
7 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
18 May 2014SoldReady
AED 2,975,000AED 1,737 per sqft
30 Apr 2009Sold by developerOff-plan
AED 3,040,528AED 1,775 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
3-bed apartment
Size
1,713 sqft
Floor
73rd of 84
Parking
B4-87,88
Developer
Torch Select
Completed
2011
Service charge
AED 36,300 /yr
Last sold
AED 2.65M · August 2024
Building
Torch Tower

About 7303, Torch Tower

7303 is a three-bedroom apartment of 1,713 sqft on the 73rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 14 August 2024 for AED 2,650,000, or AED 1,547 per sqft, 10% above the AED 1,401 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 September 2022. The current contract, signed on 7 September 2022, is AED 100,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 36,300 a year.

Sales and rents for 7303 over time

Sales
Unit 7303, 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, April 2009: AED 3,040,528 (AED 1,775 per sqft)Sold, May 2014: AED 2,975,000 (AED 1,737 per sqft)Sold, August 2024: AED 2,650,000 (AED 1,547 per sqft)

7303 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7303, 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, September 2022: AED 100,000 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 7303 sits

All 50 3-beds →

7303 last sold in August 2024 at AED 1,547 per sqft, 10% above what three-beds in Torch Tower were fetching at the time (AED 1,401). 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. 7303's AED 100,000 is at the bottom 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 73rd floor

All 675 units in Torch Tower
Value
73013-bedAED 2.69M · May 2009
73023-bedAED 2.34M · Apr 2014
73043-bedAED 2.15M · Jun 2023
73051-bedAED 1.33M · May 2014
73061-bedAED 1.28M · Sep 2009
73071-bedAED 1.55M · Oct 2025
73081-bedAED 1.33M · Jun 2014

7303, Torch Tower in numbers

  • Sold 3 times: first on 30 April 2009 for AED 3,040,528, last on 14 August 2024 for AED 2,650,000 (AED 1,547 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.8%, 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 14 August 2024.

Questions about 7303, Torch Tower

What did unit 7303 last sell for?

AED 2,650,000 on 14 August 2024: AED 1,547 per sqft for 1,713 sqft. The unit has 3 registered sales; the first was AED 3,040,528 in April 2009.

What is the rent for unit 7303?

AED 100,000 a year on the contract signed on 7 September 2022.

How big is unit 7303?

1,713 sqft (159.1 sqm): a three-bedroom apartment on the 73rd floor of a 84-storey tower completed in 2011.

What is unit 7303 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 7303, Torch Tower

Starts from the last sale price (AED 2.65M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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