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

7902, Torch Tower

Sold prices and rental history: sold twice, last in February 2012, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7902 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 10.97M22 February 2012
Current rentAED 168K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7902, Torch Tower

What is 7902 worth today?

Last sold for AED 10,965,292 in 2012

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1 Sep 2020RentedNew contract
AED 168,100/yr12 months · AED 42 per sqft
1 Sep 2019RentedRenewal
AED 205,000/yr12 months · AED 51 per sqft
1 Sep 2018RentedNew contract
AED 205,000/yr12 months · AED 51 per sqft
22 Feb 2012SoldReady
AED 10,965,292AED 2,719 per sqft
30 Sep 2009Sold by developerOff-plan
AED 10,965,292AED 2,719 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
3-bed apartment
Size
4,033 sqft
Floor
79th of 84
Parking
B2-85,87
Developer
Torch Select
Completed
2011
Service charge
AED 85,500 /yr
Last sold
AED 10.97M · February 2012
Building
Torch Tower

About 7902, Torch Tower

7902 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 22 February 2012 for AED 10,965,292, or AED 2,719 per sqft, 104% above the AED 1,332 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2020, is AED 168,100 a year: a gross yield of 1.5% on the 2012 price, before the service charge of about AED 85,500 a year.

Sales and rents for 7902 over time

Sales
Unit 7902, each saleTypical three-bed in Torch Tower
05M10M2009201420192024Typical 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, September 2009: AED 10,965,292 (AED 2,719 per sqft)Sold, February 2012: AED 10,965,292 (AED 2,719 per sqft)

7902 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7902, each contractTypical three-bed in Torch Tower
100K200K2012201620202024Typical 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, September 2018: AED 205,000 a yearRenewal, September 2019: AED 205,000 a yearNew contract, September 2020: AED 168,100 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 7902 sits

All 50 3-beds →

7902 last sold in February 2012 at AED 2,719 per sqft, 104% above what three-beds in Torch Tower were fetching at the time (AED 1,332). 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. 7902's AED 168,100 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
79013-bedAED 1.46M · Apr 2021
79033-bedAED 2.73M · Jun 2022
79043-bedAED 5.76M · Jun 2026
79053-bedAED 5M · Aug 2024
79063-bedAED 5M · May 2012

7902, Torch Tower in numbers

  • Sold twice: first on 30 September 2009 for AED 10,965,292, last on 22 February 2012 for AED 10,965,292 (AED 2,719 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, from AED 205,000 to AED 168,100 a year.
  • At AED 168,100 a year the gross yield on the 2012 price is 1.5%, 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 1 September 2020.

Questions about 7902, Torch Tower

What did unit 7902 last sell for?

AED 10,965,292 on 22 February 2012: AED 2,719 per sqft for 4,033 sqft. The unit has 2 registered sales; the first was AED 10,965,292 in September 2009.

What is the rent for unit 7902?

AED 168,100 a year on the contract signed on 1 September 2020. The previous contract, from September 2019, was AED 205,000; the unit has been rented since September 2018.

How big is unit 7902?

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 7902 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 7902, Torch Tower

Starts from the last sale price (AED 10.97M, 22 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 10,965,292
Deposit, UAE resident (20%)
AED 2,193,058
Deposit, non-resident (40%)
AED 4,386,117
Monthly over 25 years at 3.7%
AED 44,862

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