7407, Torch Tower
Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7407, Torch Tower
What is 7407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 74th of 84
- Parking
- B1-18
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 17,100 /yr
- Last sold
- AED 1.36M · May 2014
- Building
- Torch Tower
About 7407, Torch Tower
7407 is a one-bedroom apartment of 808 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 22 May 2014 for AED 1,363,000, or AED 1,686 per sqft, 21% above the AED 1,397 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 16 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 88,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 17,100 a year.
Sales and rents for 7407 over time
7407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 7407 sits
All 220 1-beds →7407 last sold in May 2014 at AED 1,686 per sqft, 21% above what one-beds in Torch Tower were fetching at the time (AED 1,397). 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. 7407's AED 88,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 978 sqft | 1,450,000 | 1,482 | ||
| 13 Aug 202613 August 2026 | 887 sqft | 1,050,000 | 1,184 | ||
| 7 Aug 20267 August 2026 | 887 sqft | 1,100,000 | 1,240 | ||
| 9 Jul 20269 July 2026 | 887 sqft | 1,304,288 | 1,470 |
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 74th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7401 | 3-bed | 1,713 sqft | AED 2.75MAED 2,750,000 · Jan 2026January 2026 | 150,000 /yr | |
| 7402 | 3-bed | 1,717 sqft | AED 4.1MAED 4,100,000 · Oct 2025October 2025 | ||
| 7403 | 3-bed | 1,713 sqft | AED 1.9MAED 1,900,000 · Mar 2023March 2023 | 150,000 /yr | |
| 7404 | 3-bed | 1,717 sqft | AED 1.2MAED 1,200,000 · Jul 2020July 2020 | 185,000 /yr | |
| 7405 | 1-bed | 808 sqft | AED 1.3MAED 1,296,891 · Apr 2009April 2009 | 95,000 /yr | |
| 7406 | 1-bed | 808 sqft | AED 1.48MAED 1,475,000 · Dec 2025December 2025 | 90,000 /yr | |
| 7408 | 1-bed | 808 sqft | AED 1.05MAED 1,050,000 · Mar 2023March 2023 | 62,700 /yr |
7407, Torch Tower in numbers
- Sold 3 times: first on 30 September 2009 for AED 1,306,044, last on 22 May 2014 for AED 1,363,000 (AED 1,686 per sqft).
- Rented since January 2013 on 16 Ejari contracts. The rent fell from AED 77,000 to AED 66,000 in 2021 and recovered to AED 88,000 by December 2023.
- At AED 88,000 a year the gross yield on the 2014 price is 6.5%, 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 15 December 2023.
Questions about 7407, Torch Tower
What did unit 7407 last sell for?
AED 1,363,000 on 22 May 2014: AED 1,686 per sqft for 808 sqft. The unit has 3 registered sales; the first was AED 1,306,044 in September 2009.
What is the rent for unit 7407?
AED 88,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2023, was AED 88,000; the unit has been rented since January 2013.
How big is unit 7407?
808 sqft (75.1 sqm): a one-bedroom apartment on the 74th floor of a 84-storey tower completed in 2011.
What is unit 7407 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.
Selling 7407? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 7407, Torch Tower
Starts from the last sale price (AED 1.36M, 22 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,363,000
- Deposit, UAE resident (20%)
- AED 272,600
- Deposit, non-resident (40%)
- AED 545,200
- Monthly over 25 years at 3.7%
- AED 5,576
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →