3-bed · 1,713 sqftTorch Tower, Dubai Marina · 74th floor · completed 2011

7403, Torch Tower

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7403 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 1.9M3 March 2023
Current rentAED 150K /yr4 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7403, Torch Tower

What is 7403 worth today?

Last sold for AED 1,900,000 in 2023

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3 Mar 2023SoldReady
AED 1,900,000AED 1,109 per sqft
4 Oct 2022RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
31 Jan 2021SoldReady
AED 1,125,000AED 656 per sqft
10 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
1 Aug 2017RentedRenewal
AED 160,000/yr12 months · AED 93 per sqft
1 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
7 Jul 2015RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
1 Jul 2014RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 3 March 2023.

Key facts

Type
3-bed apartment
Size
1,713 sqft
Floor
74th of 84
Parking
B1-14
Developer
Torch Select
Completed
2011
Service charge
AED 36,300 /yr
Last sold
AED 1.9M · March 2023
Building
Torch Tower

About 7403, Torch Tower

7403 is a three-bedroom apartment of 1,713 sqft on the 74th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 3 March 2023 for AED 1,900,000, or AED 1,109 per sqft, 13% above the AED 985 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 4 October 2022, is AED 150,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 36,300 a year.

Sales and rents for 7403 over time

Sales
Unit 7403, each saleTypical three-bed in Torch Tower
2M4M2009201420192024Typical 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, August 2011: AED 2,050,000 (AED 1,197 per sqft)Sold, May 2012: AED 2,050,000 (AED 1,197 per sqft)Sold, January 2021: AED 1,125,000 (AED 656 per sqft)Sold, March 2023: AED 1,900,000 (AED 1,109 per sqft)

7403 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7403, 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, June 2013: AED 180,000 a yearNew contract, July 2014: AED 180,000 a yearNew contract, July 2015: AED 180,000 a yearNew contract, August 2016: AED 160,000 a yearRenewal, August 2017: AED 160,000 a yearNew contract, November 2019: AED 100,000 a yearNew contract, October 2022: AED 150,000 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 7403 sits

All 50 3-beds →

7403 last sold in March 2023 at AED 1,109 per sqft, 13% above what three-beds in Torch Tower were fetching at the time (AED 985). 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. 7403's AED 150,000 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 74th floor

All 675 units in Torch Tower
Value
74013-bedAED 2.75M · Jan 2026
74023-bedAED 4.1M · Oct 2025
74043-bedAED 1.2M · Jul 2020
74051-bedAED 1.3M · Apr 2009
74061-bedAED 1.48M · Dec 2025
74071-bedAED 1.36M · May 2014
74081-bedAED 1.05M · Mar 2023

7403, Torch Tower in numbers

  • Sold 4 times: first on 9 August 2011 for AED 2,050,000, last on 3 March 2023 for AED 1,900,000 (AED 1,109 per sqft).
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 100,000 in 2019 and recovered to AED 150,000 by October 2022.
  • At AED 150,000 a year the gross yield on the 2023 price is 7.9%, 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 3 March 2023.

Questions about 7403, Torch Tower

What did unit 7403 last sell for?

AED 1,900,000 on 3 March 2023: AED 1,109 per sqft for 1,713 sqft. The unit has 4 registered sales; the first was AED 2,050,000 in August 2011.

What is the rent for unit 7403?

AED 150,000 a year on the contract signed on 4 October 2022. The previous contract, from November 2019, was AED 100,000; the unit has been rented since June 2013.

How big is unit 7403?

1,713 sqft (159.1 sqm): a three-bedroom apartment on the 74th floor of a 84-storey tower completed in 2011.

What is unit 7403 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 7403, Torch Tower

Starts from the last sale price (AED 1.9M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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