1-bed · 808 sqftTorch Tower, Dubai Marina · 76th floor · completed 2011

7606, Torch Tower

Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7606 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.32M22 May 2014
Current rentAED 77K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7606, Torch Tower

What is 7606 worth today?

Last sold for AED 1,321,000 in 2014

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1 Jul 2024RentedRenewal
AED 77,000/yr12 months · AED 95 per sqft
1 Jul 2024RentedRenewal
AED 77,000/yr12 months · AED 95 per sqft
1 Jul 2023RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
1 Jul 2022RentedRenewal
AED 66,000/yr12 months · AED 82 per sqft
1 Jul 2021RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
1 Jul 2020RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
1 Jul 2019RentedRenewal
AED 65,000/yr12 months · AED 81 per sqft
1 Jul 2018RentedNew contract
AED 73,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
76th of 84
Parking
B1-32
Developer
Torch Select
Completed
2011
Service charge
AED 17,100 /yr
Last sold
AED 1.32M · May 2014
Building
Torch Tower

About 7606, Torch Tower

7606 is a one-bedroom apartment of 808 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 22 May 2014 for AED 1,321,000, or AED 1,634 per sqft, 17% above the AED 1,397 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 77,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 17,100 a year.

Sales and rents for 7606 over time

Sales
Unit 7606, each saleTypical one-bed in Torch Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,077,057; 2010 AED 882,795; 2011 AED 805,052; 2012 AED 828,563; 2013 AED 1,122,500; 2014 AED 1,292,778; 2015 AED 1,172,956; 2016 AED 1,160,000; 2017 AED 1,220,000; 2018 AED 900,000; 2019 AED 776,500; 2020 AED 595,000; 2021 AED 700,000; 2022 AED 910,000; 2023 AED 1,045,000; 2024 AED 1,300,000; 2025 AED 1,255,000; 2026 AED 1,320,000Sold by developer, September 2009: AED 1,268,487 (AED 1,569 per sqft)Sold, April 2014: AED 1,172,233 (AED 1,450 per sqft)Sold, May 2014: AED 1,321,000 (AED 1,634 per sqft)

7606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7606, each contractTypical one-bed in Torch Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 77,000; 2014 AED 89,250; 2015 AED 95,000; 2016 AED 94,048; 2017 AED 85,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 55,000; 2022 AED 63,800; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 84,000New contract, November 2014: AED 100,000 a yearNew contract, November 2015: AED 100,000 a yearRenewal, November 2016: AED 100,000 a yearNew contract, July 2017: AED 85,000 a yearNew contract, July 2018: AED 73,000 a yearRenewal, July 2019: AED 65,000 a yearRenewal, July 2020: AED 60,000 a yearRenewal, July 2021: AED 60,000 a yearRenewal, July 2022: AED 66,000 a yearRenewal, July 2023: AED 70,000 a yearRenewal, July 2024: AED 77,000 a yearRenewal, July 2024: AED 77,000 a year

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 7606 sits

All 220 1-beds →

7606 last sold in May 2014 at AED 1,634 per sqft, 17% 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. 7606's AED 77,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,450,000
13 Aug 20261,050,000
7 Aug 20261,100,000
9 Jul 20261,304,288
12 1-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
76013-bedAED 2.5M · Jul 2024
76023-bedAED 1.6M · Sep 2012
76033-bedAED 3.01M · Apr 2009
76043-bedAED 3.01M · Apr 2009
76051-bedAED 1.2M · Nov 2022
76071-bedAED 953K · Apr 2012
76081-bedAED 1.5M · Feb 2025

7606, Torch Tower in numbers

  • Sold 3 times: first on 30 September 2009 for AED 1,268,487, last on 22 May 2014 for AED 1,321,000 (AED 1,634 per sqft).
  • Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 77,000 by July 2024.
  • At AED 77,000 a year the gross yield on the 2014 price is 5.8%, 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 1 July 2024.

Questions about 7606, Torch Tower

What did unit 7606 last sell for?

AED 1,321,000 on 22 May 2014: AED 1,634 per sqft for 808 sqft. The unit has 3 registered sales; the first was AED 1,268,487 in September 2009.

What is the rent for unit 7606?

AED 77,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2024, was AED 77,000; the unit has been rented since November 2014.

How big is unit 7606?

808 sqft (75.1 sqm): a one-bedroom apartment on the 76th floor of a 84-storey tower completed in 2011.

What is unit 7606 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.

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Mortgage on 7606, Torch Tower

Starts from the last sale price (AED 1.32M, 22 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,321,000
Deposit, UAE resident (20%)
AED 264,200
Deposit, non-resident (40%)
AED 528,400
Monthly over 25 years at 3.7%
AED 5,405

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