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

7905, Torch Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7905 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 5M30 August 2024
Current rentAED 540K /yr21 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7905, Torch Tower

What is 7905 worth today?

Last sold for AED 5,000,000 in 2024

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30 Aug 2024SoldReady
AED 5,000,000AED 1,239 per sqft
21 Nov 2022RentedRenewal
AED 540,000/yr5 months · AED 134 per sqft
21 Nov 2021RentedNew contract
AED 225,000/yr12 months · AED 56 per sqft
9 Dec 2020RentedNew contract
AED 150,000/yr12 months · AED 37 per sqft
10 Aug 2018RentedNew contract
AED 200,000/yr12 months · AED 50 per sqft
6 Dec 2017RentedNew contract
AED 168,000/yr12 months · AED 42 per sqft
6 Jul 2017RentedNew contract
AED 240,000/yr12 months · AED 59 per sqft
1 May 2016RentedRenewal
AED 300,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
3-bed apartment
Size
4,033 sqft
Floor
79th of 84
Parking
B2-86,88
Developer
Torch Select
Completed
2011
Service charge
AED 85,500 /yr
Last sold
AED 5M · August 2024
Building
Torch Tower

About 7905, Torch Tower

7905 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 30 August 2024 for AED 5,000,000, or AED 1,239 per sqft, 7% below the AED 1,328 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 21 November 2022, is AED 540,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 85,500 a year.

Sales and rents for 7905 over time

Sales
Unit 7905, 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, August 2024: AED 5,000,000 (AED 1,239 per sqft)

7905 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7905, each contractTypical three-bed in Torch Tower
250K500K2012201620202024Typical 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, May 2015: AED 300,000 a yearRenewal, May 2016: AED 300,000 a yearNew contract, July 2017: AED 240,000 a yearNew contract, December 2017: AED 168,000 a yearNew contract, August 2018: AED 200,000 a yearNew contract, December 2020: AED 150,000 a yearNew contract, November 2021: AED 225,000 a yearRenewal, November 2022: AED 540,000 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 7905 sits

All 50 3-beds →

7905 last sold in August 2024 at AED 1,239 per sqft, 7% below what three-beds in Torch Tower were fetching at the time (AED 1,328). 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. 7905's AED 540,000 is at the top 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
79023-bedAED 10.97M · Feb 2012
79033-bedAED 2.73M · Jun 2022
79043-bedAED 5.76M · Jun 2026
79063-bedAED 5M · May 2012

7905, Torch Tower in numbers

  • Sold 3 times: first on 20 May 2009 for AED 8,073,760, last on 30 August 2024 for AED 5,000,000 (AED 1,239 per sqft).
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 300,000 to AED 150,000 in 2020 and recovered to AED 540,000 by November 2022.
  • At AED 540,000 a year the gross yield on the 2024 price is 10.8%, 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 30 August 2024.

Questions about 7905, Torch Tower

What did unit 7905 last sell for?

AED 5,000,000 on 30 August 2024: AED 1,239 per sqft for 4,033 sqft. The unit has 3 registered sales; the first was AED 8,073,760 in May 2009.

What is the rent for unit 7905?

AED 540,000 a year on the contract renewed on 21 November 2022. The previous contract, from November 2021, was AED 225,000; the unit has been rented since May 2015.

How big is unit 7905?

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 7905 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 7905, Torch Tower

Starts from the last sale price (AED 5M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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