7304, Torch Tower
Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7304, Torch Tower
What is 7304 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,717 sqft
- Floor
- 73rd of 84
- Parking
- B4-89,90
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,400 /yr
- Last sold
- AED 2.15M · June 2023
- Building
- Torch Tower
About 7304, Torch Tower
7304 is a three-bedroom apartment of 1,717 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 1 June 2023 for AED 2,150,000, or AED 1,251 per sqft, 19% above the AED 1,048 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 28 January 2022, is AED 145,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 36,400 a year.
Sales and rents for 7304 over time
7304 has sold 4 times; 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 7304 sits
All 50 3-beds →7304 last sold in June 2023 at AED 1,251 per sqft, 19% above what three-beds in Torch Tower were fetching at the time (AED 1,048). 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. 7304's AED 145,000 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 73rd floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7301 | 3-bed | 1,713 sqft | AED 2.69MAED 2,692,794 · May 2009May 2009 | 170,000 /yr | |
| 7302 | 3-bed | 1,717 sqft | AED 2.34MAED 2,340,000 · Apr 2014April 2014 | 165,000 /yr | |
| 7303 | 3-bed | 1,713 sqft | AED 2.65MAED 2,650,000 · Aug 2024August 2024 | 100,000 /yr | |
| 7305 | 1-bed | 808 sqft | AED 1.33MAED 1,334,000 · May 2014May 2014 | 85,000 /yr | |
| 7306 | 1-bed | 808 sqft | AED 1.28MAED 1,281,172 · Sep 2009September 2009 | 80,000 /yr | |
| 7307 | 1-bed | 808 sqft | AED 1.55MAED 1,550,000 · Oct 2025October 2025 | 100,000 /yr | |
| 7308 | 1-bed | 808 sqft | AED 1.33MAED 1,328,000 · Jun 2014June 2014 | 89,250 /yr |
7304, Torch Tower in numbers
- Sold 4 times: first on 20 May 2009 for AED 3,134,599, last on 1 June 2023 for AED 2,150,000 (AED 1,251 per sqft).
- Rented since August 2012 on 7 Ejari contracts, at AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 6.7%, 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 1 June 2023.
Questions about 7304, Torch Tower
What did unit 7304 last sell for?
AED 2,150,000 on 1 June 2023: AED 1,251 per sqft for 1,717 sqft. The unit has 4 registered sales; the first was AED 3,134,599 in May 2009.
What is the rent for unit 7304?
AED 145,000 a year on the contract signed on 28 January 2022. The previous contract, from February 2019, was AED 150,000; the unit has been rented since August 2012.
How big is unit 7304?
1,717 sqft (159.5 sqm): a three-bedroom apartment on the 73rd floor of a 84-storey tower completed in 2011.
What is unit 7304 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 7304, Torch Tower
Starts from the last sale price (AED 2.15M, 1 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →