7501, Torch Tower
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7501, Torch Tower
What is 7501 worth today?
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Source: Dubai Land Department. Updated 23 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,713 sqft
- Floor
- 75th of 84
- Parking
- B1-20
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,300 /yr
- Last sold
- AED 2.7M · May 2024
- Building
- Torch Tower
About 7501, Torch Tower
7501 is a three-bedroom apartment of 1,713 sqft on the 75th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 23 May 2024 for AED 2,700,000, or AED 1,576 per sqft, 16% above the AED 1,362 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 126,500 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 36,300 a year.
Sales and rents for 7501 over time
7501 has sold 3 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 7501 sits
All 50 3-beds →7501 last sold in May 2024 at AED 1,576 per sqft, 16% above what three-beds in Torch Tower were fetching at the time (AED 1,362). 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. 7501's AED 126,500 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 75th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7502 | 3-bed | 1,717 sqft | AED 925KAED 925,000 · Jun 2017June 2017 | 60,000 /yr | |
| 7503 | 2-bed | 1,713 sqft | AED 1.3MAED 1,300,000 · Jan 2020January 2020 | 160,000 /yr | |
| 7504 | 3-bed | 1,717 sqft | AED 2.34MAED 2,340,000 · Aug 2023August 2023 | 110,004 /yr | |
| 7505 | 1-bed | 808 sqft | AED 1.38MAED 1,375,000 · Jun 2014June 2014 | 80,850 /yr | |
| 7506 | 1-bed | 808 sqft | AED 1.25MAED 1,250,000 · Jun 2026June 2026 | 80,000 /yr | |
| 7507 | 1-bed | 808 sqft | AED 1.05MAED 1,050,000 · Jan 2023January 2023 | 56,000 /yr | |
| 7508 | 1-bed | 808 sqft | AED 1.34MAED 1,335,000 · May 2014May 2014 | 85,000 /yr |
7501, Torch Tower in numbers
- Sold 3 times: first on 11 July 2012 for AED 1,700,000, last on 23 May 2024 for AED 2,700,000 (AED 1,576 per sqft).
- Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 110,000 in 2021 and recovered to AED 126,500 by July 2022.
- At AED 126,500 a year the gross yield on the 2024 price is 4.7%, 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 23 May 2024.
Questions about 7501, Torch Tower
What did unit 7501 last sell for?
AED 2,700,000 on 23 May 2024: AED 1,576 per sqft for 1,713 sqft. The unit has 3 registered sales; the first was AED 1,700,000 in July 2012.
What is the rent for unit 7501?
AED 126,500 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 110,000; the unit has been rented since April 2014.
How big is unit 7501?
1,713 sqft (159.1 sqm): a three-bedroom apartment on the 75th floor of a 84-storey tower completed in 2011.
What is unit 7501 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 7501, Torch Tower
Starts from the last sale price (AED 2.7M, 23 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →