2-bed · 1,198 sqftTorch Tower, Dubai Marina · 9th floor · completed 2011

906, Torch Tower

Sold prices and rental history: sold 4 times, last in April 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 1.15M25 April 2022
Current rentAED 120K /yr15 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Torch Tower

What is 906 worth today?

Last sold for AED 1,150,000 in 2022

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25 Apr 2022SoldReady
AED 1,150,000AED 959 per sqft
4 Nov 2019SoldReady
AED 1,090,000AED 909 per sqft
22 May 2018SoldReady
AED 975,000AED 813 per sqft
15 Aug 2016RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
15 Aug 2014RentedNew contract
AED 130,000/yr12 months · AED 109 per sqft
30 Apr 2009Sold by developerOff-plan
AED 1,690,118AED 1,410 per sqft

Source: Dubai Land Department. Updated 25 April 2022.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
9th of 84
Parking
P4-42
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 1.15M · April 2022
Building
Torch Tower

About 906, Torch Tower

906 is a two-bedroom apartment of 1,198 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 25 April 2022 for AED 1,150,000, or AED 959 per sqft, 15% above the AED 834 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 15 August 2016, is AED 120,000 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 25,400 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical two-bed in Torch Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,518,879; 2010 AED 1,143,000; 2011 AED 1,140,000; 2012 AED 1,152,983; 2013 AED 1,477,623; 2014 AED 1,797,500; 2015 AED 1,660,000; 2016 AED 1,505,000; 2017 AED 1,250,000; 2018 AED 975,000; 2019 AED 950,000; 2020 AED 850,000; 2021 AED 1,000,000; 2022 AED 1,250,000; 2023 AED 1,450,000; 2024 AED 1,650,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, April 2009: AED 1,690,118 (AED 1,410 per sqft)Sold, May 2018: AED 975,000 (AED 813 per sqft)Sold, November 2019: AED 1,090,000 (AED 909 per sqft)Sold, April 2022: AED 1,150,000 (AED 959 per sqft)

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

Rents
Unit 906, each contractTypical two-bed in Torch Tower
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 110,000; 2018 AED 85,500; 2019 AED 78,000; 2020 AED 65,000; 2021 AED 68,000; 2022 AED 80,000; 2023 AED 99,000; 2024 AED 118,000; 2025 AED 120,000; 2026 AED 115,500New contract, August 2014: AED 130,000 a yearNew contract, August 2016: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Torch Tower, and where 906 sits

All 404 2-beds →

906 last sold in April 2022 at AED 959 per sqft, 15% above what two-beds in Torch Tower were fetching at the time (AED 834). Over the last 12 months two-beds sold for AED 1,500,000 to 2,300,000, around AED 1,493 per sqft, and rent for AED 70,000 to 245,000 a year. 906's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,650,000
19 Oct 20261,790,000
7 Oct 20261,650,000
23 Sep 20261,700,000
24 2-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 9th floor

All 675 units in Torch Tower
Value
9011-bedAED 1.19M · May 2009
9021-bedAED 1.53M · Oct 2024
9032-bedAED 1.41M · Nov 2023
9041-bedAED 806K · Nov 2012
9051-bedAED 1.18M · Mar 2024
9071-bedAED 1.07M · Nov 2023
9081-bedAED 700K · May 2021
1–7 of 11

906, Torch Tower in numbers

  • Sold 4 times: first on 30 April 2009 for AED 1,690,118, last on 25 April 2022 for AED 1,150,000 (AED 959 per sqft).
  • Rented since August 2014 on 2 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 25,400 a year (AED 21.19 per sqft).
  • Two-beds in Torch Tower sold for AED 1,500,000–2,300,000 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 25 April 2022.

Questions about 906, Torch Tower

What did unit 906 last sell for?

AED 1,150,000 on 25 April 2022: AED 959 per sqft for 1,198 sqft. The unit has 4 registered sales; the first was AED 1,690,118 in April 2009.

What is the rent for unit 906?

AED 120,000 a year on the contract signed on 15 August 2016. The previous contract, from August 2014, was AED 130,000.

How big is unit 906?

1,198 sqft (111.3 sqm): a two-bedroom apartment on the 9th floor of a 84-storey tower completed in 2011.

What is unit 906 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Torch Tower sold for AED 1,500,000 to 2,300,000 in the last 12 months, around AED 1,493 per sqft.

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Mortgage on 906, Torch Tower

Starts from the last sale price (AED 1.15M, 25 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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