3-bed · 1,713 sqftTorch Tower, Dubai Marina · 76th floor · completed 2011

7601, Torch Tower

Sold prices and rental history: sold 4 times, last in July 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7601 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 2.5M5 July 2024
Current rentAED 110K /yr25 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7601, Torch Tower

What is 7601 worth today?

Last sold for AED 2,500,000 in 2024

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5 Jul 2024SoldReady
AED 2,500,000AED 1,459 per sqft
18 Sep 2019SoldReady
AED 1,300,000AED 759 per sqft
25 Sep 2018RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
6 Jul 2018RentedNew contract
AED 130,000/yr12 months · AED 76 per sqft
31 May 2012SoldReady
AED 2,021,185AED 1,180 per sqft
20 May 2009Sold by developerOff-plan
AED 2,021,185AED 1,180 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
3-bed apartment
Size
1,713 sqft
Floor
76th of 84
Parking
B1-27
Developer
Torch Select
Completed
2011
Service charge
AED 36,300 /yr
Last sold
AED 2.5M · July 2024
Building
Torch Tower

About 7601, Torch Tower

7601 is a three-bedroom apartment of 1,713 sqft on the 76th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 5 July 2024 for AED 2,500,000, or AED 1,459 per sqft, 6% above the AED 1,372 three-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 25 September 2018, is AED 110,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 36,300 a year.

Sales and rents for 7601 over time

Sales
Unit 7601, each saleTypical three-bed in Torch Tower
2M2009201420192024Typical 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, May 2009: AED 2,021,185 (AED 1,180 per sqft)Sold, May 2012: AED 2,021,185 (AED 1,180 per sqft)Sold, September 2019: AED 1,300,000 (AED 759 per sqft)Sold, July 2024: AED 2,500,000 (AED 1,459 per sqft)

7601 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7601, 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, July 2018: AED 130,000 a yearNew contract, September 2018: AED 110,000 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 7601 sits

All 50 3-beds →

7601 last sold in July 2024 at AED 1,459 per sqft, 6% above what three-beds in Torch Tower were fetching at the time (AED 1,372). 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. 7601's AED 110,000 is at the bottom 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 76th floor

All 675 units in Torch Tower
Value
76023-bedAED 1.6M · Sep 2012
76033-bedAED 3.01M · Apr 2009
76043-bedAED 3.01M · Apr 2009
76051-bedAED 1.2M · Nov 2022
76061-bedAED 1.32M · May 2014
76071-bedAED 953K · Apr 2012
76081-bedAED 1.5M · Feb 2025

7601, Torch Tower in numbers

  • Sold 4 times: first on 20 May 2009 for AED 2,021,185, last on 5 July 2024 for AED 2,500,000 (AED 1,459 per sqft).
  • Rented since July 2018 on 2 Ejari contracts, from AED 130,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.4%, 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 5 July 2024.

Questions about 7601, Torch Tower

What did unit 7601 last sell for?

AED 2,500,000 on 5 July 2024: AED 1,459 per sqft for 1,713 sqft. The unit has 4 registered sales; the first was AED 2,021,185 in May 2009.

What is the rent for unit 7601?

AED 110,000 a year on the contract signed on 25 September 2018. The previous contract, from July 2018, was AED 130,000.

How big is unit 7601?

1,713 sqft (159.1 sqm): a three-bedroom apartment on the 76th floor of a 84-storey tower completed in 2011.

What is unit 7601 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 7601, Torch Tower

Starts from the last sale price (AED 2.5M, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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