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3-bed · 5,324 sqftTorch Tower, Dubai Marina · 84th floor · completed 2011

8402, Torch Tower

Sold prices and rental history: sold twice, last in November 2014, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8402 · DLD and Ejari recordsUpdated 25 November 2014
Last soldAED 7.2M25 November 2014
Current rentAED 315K /yr18 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 8402, Torch Tower

What is 8402 worth today?

Last sold for AED 7,200,000 in 2014

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25 Nov 2014SoldReady
AED 7,200,000AED 1,352 per sqft
18 May 2013RentedNew contract
AED 315,000/yr12 months · AED 59 per sqft
29 Oct 2012Sold by developerReady
AED 5,415,000AED 1,017 per sqft

Source: Dubai Land Department. Updated 25 November 2014.

Key facts

Type
3-bed apartment
Size
5,324 sqft
Floor
84th of 84
Parking
B1-65
Developer
Torch Select
Completed
2011
Service charge
AED 112,800 /yr
Last sold
AED 7.2M · November 2014
Building
Torch Tower

About 8402, Torch Tower

8402 is a three-bedroom apartment of 5,324 sqft on the 84th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 25 November 2014 for AED 7,200,000, or AED 1,352 per sqft, 7% below the AED 1,459 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 May 2013. The current contract, signed on 18 May 2013, is AED 315,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 112,800 a year.

Sales and rents for 8402 over time

Sales
Unit 8402, 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, October 2012: AED 5,415,000 (AED 1,017 per sqft)Sold, November 2014: AED 7,200,000 (AED 1,352 per sqft)

8402 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 8402, each contractTypical three-bed in Torch Tower
200K2012201620202024Typical 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 2013: AED 315,000 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 8402 sits

All 50 3-beds →

8402 last sold in November 2014 at AED 1,352 per sqft, 7% below what three-beds in Torch Tower were fetching at the time (AED 1,459). 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. 8402's AED 315,000 is in the upper 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 84th floor

All 675 units in Torch Tower
Value
84013-bedAED 8M · Feb 2025

8402, Torch Tower in numbers

  • Sold twice: first on 29 October 2012 for AED 5,415,000, last on 25 November 2014 for AED 7,200,000 (AED 1,352 per sqft).
  • Rented since May 2013 on one Ejari contract, at AED 315,000 a year.
  • At AED 315,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 112,800 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 25 November 2014.

Questions about 8402, Torch Tower

What did unit 8402 last sell for?

AED 7,200,000 on 25 November 2014: AED 1,352 per sqft for 5,324 sqft. The unit has 2 registered sales; the first was AED 5,415,000 in October 2012.

What is the rent for unit 8402?

AED 315,000 a year on the contract signed on 18 May 2013.

How big is unit 8402?

5,324 sqft (494.6 sqm): a three-bedroom apartment on the 84th floor of a 84-storey tower completed in 2011.

What is unit 8402 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 8402, Torch Tower

Starts from the last sale price (AED 7.2M, 25 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

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