902, Torch Tower
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, Torch Tower
What is 902 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 9th of 84
- Parking
- P4-38
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.53M · October 2024
- Building
- Torch Tower
About 902, Torch Tower
902 is a one-bedroom apartment of 978 sqft on the 9th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 16 October 2024 for AED 1,530,000, or AED 1,564 per sqft, 14% above the AED 1,375 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 61,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 20,700 a year.
Sales and rents for 902 over time
902 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 902 sits
All 220 1-beds →902 last sold in October 2024 at AED 1,564 per sqft, 14% above what one-beds in Torch Tower were fetching at the time (AED 1,375). 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. 902's AED 61,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 978 sqft | 1,450,000 | 1,482 | ||
| 13 Aug 202613 August 2026 | 887 sqft | 1,050,000 | 1,184 | ||
| 7 Aug 20267 August 2026 | 887 sqft | 1,100,000 | 1,240 | ||
| 9 Jul 20269 July 2026 | 887 sqft | 1,304,288 | 1,470 |
Torch Tower
Building675 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%
Other units on the 9th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 489 sqft | AED 1.19MAED 1,188,790 · May 2009May 2009 | 83,680 /yr | |
| 903 | 2-bed | 1,198 sqft | AED 1.41MAED 1,412,934 · Nov 2023November 2023 | 90,000 /yr | |
| 904 | 1-bed | 887 sqft | AED 806KAED 805,500 · Nov 2012November 2012 | 75,000 /yr | |
| 905 | 1-bed | 887 sqft | AED 1.18MAED 1,180,000 · Mar 2024March 2024 | ||
| 906 | 2-bed | 1,198 sqft | AED 1.15MAED 1,150,000 · Apr 2022April 2022 | 120,000 /yr | |
| 907 | 1-bed | 978 sqft | AED 1.07MAED 1,070,000 · Nov 2023November 2023 | 90,000 /yr | |
| 908 | 1-bed | 978 sqft | AED 700KAED 700,000 · May 2021May 2021 | 65,000 /yr | |
| 909 | 2-bed | 1,198 sqft | AED 1.41MAED 1,405,120 · Feb 2014February 2014 | ||
| 910 | 1-bed | 887 sqft | AED 1.27MAED 1,270,000 · Aug 2024August 2024 | 65,000 /yr | |
| 911 | 1-bed | 887 sqft | AED 1.3MAED 1,300,000 · Oct 2024October 2024 | 95,000 /yr | |
| 912 | 2-bed | 1,198 sqft | AED 1.36MAED 1,360,000 · Jul 2023July 2023 | 89,700 /yr |
902, Torch Tower in numbers
- Sold 3 times: first on 25 April 2009 for AED 1,188,747, last on 16 October 2024 for AED 1,530,000 (AED 1,564 per sqft).
- Rented since April 2020 on 4 Ejari contracts, from AED 65,000 to AED 61,000 a year.
- At AED 61,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 20,700 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 16 October 2024.
Questions about 902, Torch Tower
What did unit 902 last sell for?
AED 1,530,000 on 16 October 2024: AED 1,564 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,188,747 in April 2009.
What is the rent for unit 902?
AED 61,000 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 56,000; the unit has been rented since April 2020.
How big is unit 902?
978 sqft (90.9 sqm): a one-bedroom apartment on the 9th floor of a 84-storey tower completed in 2011.
What is unit 902 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 902, Torch Tower
Starts from the last sale price (AED 1.53M, 16 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,530,000
- Deposit, UAE resident (20%)
- AED 306,000
- Deposit, non-resident (40%)
- AED 612,000
- Monthly over 25 years at 3.7%
- AED 6,260
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →