3-bed · 4,033 sqftTorch Tower, Dubai Marina · 79th floor · completed 2011

7901, Torch Tower

Sold prices and rental history: sold 4 times, last in April 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7901 · DLD and Ejari recordsUpdated 8 April 2021
Last soldAED 1.46M8 April 2021
Current rentAED 150K /yr12 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7901, Torch Tower

What is 7901 worth today?

Last sold for AED 1,462,500 in 2021

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8 Apr 2021SoldReady
AED 1,462,500AED 362 per sqft
22 Oct 2020SoldReady
AED 2,000,000AED 495 per sqft
12 Dec 2019RentedNew contract
AED 150,000/yr12 months · AED 37 per sqft
20 Mar 2019RentedNew contract
AED 160,090/yr13 months · AED 40 per sqft
4 Nov 2013RentedNew contract
AED 300,000/yr12 months · AED 74 per sqft
31 May 2012SoldReady
AED 8,073,760AED 2,002 per sqft
20 May 2009Sold by developerOff-plan
AED 8,073,760AED 2,002 per sqft

Source: Dubai Land Department. Updated 8 April 2021.

Key facts

Type
3-bed apartment
Size
4,033 sqft
Floor
79th of 84
Parking
B1-43
Developer
Torch Select
Completed
2011
Service charge
AED 85,500 /yr
Last sold
AED 1.46M · April 2021
Building
Torch Tower

About 7901, Torch Tower

7901 is a three-bedroom apartment of 4,033 sqft on the 79th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 8 April 2021 for AED 1,462,500, or AED 362 per sqft, 47% below the AED 677 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 12 December 2019, is AED 150,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 85,500 a year.

Sales and rents for 7901 over time

Sales
Unit 7901, each saleTypical three-bed in Torch Tower
5M2009201420192024Typical 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 8,073,760 (AED 2,002 per sqft)Sold, May 2012: AED 8,073,760 (AED 2,002 per sqft)Sold, October 2020: AED 2,000,000 (AED 495 per sqft)Sold, April 2021: AED 1,462,500 (AED 362 per sqft)

7901 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7901, each contractTypical three-bed in Torch Tower
100K200K300K2012201620202024Typical 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, November 2013: AED 300,000 a yearNew contract, March 2019: AED 160,090 a yearNew contract, December 2019: AED 150,000 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 7901 sits

All 50 3-beds →

7901 last sold in April 2021 at AED 362 per sqft, 47% below what three-beds in Torch Tower were fetching at the time (AED 677). 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. 7901's AED 150,000 is in the lower half 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 79th floor

All 675 units in Torch Tower
Value
79023-bedAED 10.97M · Feb 2012
79033-bedAED 2.73M · Jun 2022
79043-bedAED 5.76M · Jun 2026
79053-bedAED 5M · Aug 2024
79063-bedAED 5M · May 2012

7901, Torch Tower in numbers

  • Sold 4 times: first on 20 May 2009 for AED 8,073,760, last on 8 April 2021 for AED 1,462,500 (AED 362 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 300,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 85,500 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 8 April 2021.

Questions about 7901, Torch Tower

What did unit 7901 last sell for?

AED 1,462,500 on 8 April 2021: AED 362 per sqft for 4,033 sqft. The unit has 4 registered sales; the first was AED 8,073,760 in May 2009.

What is the rent for unit 7901?

AED 150,000 a year on the contract signed on 12 December 2019. The previous contract, from March 2019, was AED 160,090; the unit has been rented since November 2013.

How big is unit 7901?

4,033 sqft (374.7 sqm): a three-bedroom apartment on the 79th floor of a 84-storey tower completed in 2011.

What is unit 7901 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 7901, Torch Tower

Starts from the last sale price (AED 1.46M, 8 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,462,500
Deposit, UAE resident (20%)
AED 292,500
Deposit, non-resident (40%)
AED 585,000
Monthly over 25 years at 3.7%
AED 5,984

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