7504, Torch Tower
Sold prices and rental history: sold 4 times, last in August 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 7504, Torch Tower
What is 7504 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,717 sqft
- Floor
- 75th of 84
- Parking
- B1-22
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,400 /yr
- Last sold
- AED 2.34M · August 2023
- Building
- Torch Tower
About 7504, Torch Tower
7504 is a three-bedroom apartment of 1,717 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 1 August 2023 for AED 2,340,000, or AED 1,362 per sqft, 23% above the AED 1,109 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 16 November 2021, is AED 110,004 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 36,400 a year.
Sales and rents for 7504 over time
7504 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 7504 sits
All 50 3-beds →7504 last sold in August 2023 at AED 1,362 per sqft, 23% above what three-beds in Torch Tower were fetching at the time (AED 1,109). 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. 7504's AED 110,004 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 7503 | 2-bed | 1,713 sqft | AED 1.3MAED 1,300,000 · Jan 2020January 2020 | 160,000 /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 |
7504, Torch Tower in numbers
- Sold 4 times: first on 1 May 2012 for AED 2,129,790, last on 1 August 2023 for AED 2,340,000 (AED 1,362 per sqft).
- Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2020 and recovered to AED 110,004 by November 2021.
- At AED 110,004 a year the gross yield on the 2023 price is 4.7%, 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 August 2023.
Questions about 7504, Torch Tower
What did unit 7504 last sell for?
AED 2,340,000 on 1 August 2023: AED 1,362 per sqft for 1,717 sqft. The unit has 4 registered sales; the first was AED 2,129,790 in May 2012.
What is the rent for unit 7504?
AED 110,004 a year on the contract renewed on 16 November 2021. The previous contract, from September 2021, was AED 96,000; the unit has been rented since December 2012.
How big is unit 7504?
1,717 sqft (159.5 sqm): a three-bedroom apartment on the 75th floor of a 84-storey tower completed in 2011.
What is unit 7504 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 7504, Torch Tower
Starts from the last sale price (AED 2.34M, 1 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,340,000
- Deposit, UAE resident (20%)
- AED 468,000
- Deposit, non-resident (40%)
- AED 936,000
- Monthly over 25 years at 3.7%
- AED 9,574
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →