7503, Torch Tower
Sold prices and rental history: sold 3 times, last in January 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7503, Torch Tower
What is 7503 worth today?
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Source: Dubai Land Department. Updated 9 January 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,713 sqft
- Floor
- 75th of 84
- Parking
- B3-86,88
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,300 /yr
- Last sold
- AED 1.3M · January 2020
- Building
- Torch Tower
About 7503, Torch Tower
7503 is a two-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 9 January 2020 for AED 1,300,000, or AED 759 per sqft, in line with the AED 754 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 April 2016, is AED 160,000 a year: a gross yield of 12.3% on the 2020 price, before the service charge of about AED 36,300 a year.
Sales and rents for 7503 over time
7503 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Torch Tower, and where 7503 sits
All 404 2-beds →7503 last sold in January 2020 at AED 759 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 754). Over the last 12 months two-beds sold for AED 1,500,000 to 2,300,000, around AED 1,493 per sqft, and rent for AED 70,000 to 245,000 a year. 7503's AED 160,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 19 Oct 202619 October 2026 | 1,198 sqft | 1,790,000 | 1,493 | ||
| 7 Oct 20267 October 2026 | 1,258 sqft | 1,650,000 | 1,311 | ||
| 23 Sep 202623 September 2026 | 1,258 sqft | 1,700,000 | 1,350 |
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 | |||||
|---|---|---|---|---|---|
| 7501 | 3-bed | 1,713 sqft | AED 2.7MAED 2,700,000 · May 2024May 2024 | 126,500 /yr | |
| 7502 | 3-bed | 1,717 sqft | AED 925KAED 925,000 · Jun 2017June 2017 | 60,000 /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 |
7503, Torch Tower in numbers
- Sold 3 times: first on 1 May 2012 for AED 1,952,389, last on 9 January 2020 for AED 1,300,000 (AED 759 per sqft).
- Rented since April 2014 on 3 Ejari contracts, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2020 price is 12.3%, before a service charge of about AED 36,300 a year (AED 21.19 per sqft).
- Two-beds in Torch Tower sold for AED 1,500,000–2,300,000 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 9 January 2020.
Questions about 7503, Torch Tower
What did unit 7503 last sell for?
AED 1,300,000 on 9 January 2020: AED 759 per sqft for 1,713 sqft. The unit has 3 registered sales; the first was AED 1,952,389 in May 2012.
What is the rent for unit 7503?
AED 160,000 a year on the contract renewed on 1 April 2016. The previous contract, from April 2015, was AED 160,000; the unit has been rented since April 2014.
How big is unit 7503?
1,713 sqft (159.1 sqm): a two-bedroom apartment on the 75th floor of a 84-storey tower completed in 2011.
What is unit 7503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Torch Tower sold for AED 1,500,000 to 2,300,000 in the last 12 months, around AED 1,493 per sqft.
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Mortgage on 7503, Torch Tower
Starts from the last sale price (AED 1.3M, 9 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →