1-bed · 978 sqftTorch Tower, Dubai Marina · 9th floor · completed 2011

908, Torch Tower

Sold prices and rental history: sold 5 times, last in May 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 6 May 2021
Last soldAED 700K6 May 2021
Current rentAED 65K /yr5 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Torch Tower

What is 908 worth today?

Last sold for AED 700,000 in 2021

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6 May 2021SoldReady
AED 700,000AED 715 per sqft
28 Jan 2019SoldReady
AED 800,000AED 817 per sqft
29 Nov 2018SoldReady
AED 900,000AED 920 per sqft
5 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
2 Jan 2016RentedRenewal
AED 90,000/yr12 months · AED 92 per sqft
26 Nov 2014SoldReady
AED 1,350,000AED 1,380 per sqft
20 Aug 2013RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
21 Apr 2012Sold by developerReady
AED 891,900AED 911 per sqft

Source: Dubai Land Department. Updated 6 May 2021.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
9th of 84
Parking
P4-44
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 700K · May 2021
Building
Torch Tower

About 908, Torch Tower

908 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 6 May 2021 for AED 700,000, or AED 715 per sqft, in line with the AED 695 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 5 November 2018, is AED 65,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 20,700 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical one-bed in Torch Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,077,057; 2010 AED 882,795; 2011 AED 805,052; 2012 AED 828,563; 2013 AED 1,122,500; 2014 AED 1,292,778; 2015 AED 1,172,956; 2016 AED 1,160,000; 2017 AED 1,220,000; 2018 AED 900,000; 2019 AED 776,500; 2020 AED 595,000; 2021 AED 700,000; 2022 AED 910,000; 2023 AED 1,045,000; 2024 AED 1,300,000; 2025 AED 1,255,000; 2026 AED 1,320,000Sold by developer, April 2012: AED 891,900 (AED 911 per sqft)Sold, November 2014: AED 1,350,000 (AED 1,380 per sqft)Sold, November 2018: AED 900,000 (AED 920 per sqft)Sold, January 2019: AED 800,000 (AED 817 per sqft)Sold, May 2021: AED 700,000 (AED 715 per sqft)

908 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 908, each contractTypical one-bed in Torch Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 77,000; 2014 AED 89,250; 2015 AED 95,000; 2016 AED 94,048; 2017 AED 85,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 55,000; 2022 AED 63,800; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 84,000New contract, August 2013: AED 80,000 a yearRenewal, January 2016: AED 90,000 a yearNew contract, November 2018: AED 65,000 a year

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 908 sits

All 220 1-beds →

908 last sold in May 2021 at AED 715 per sqft, in line with what one-beds in Torch Tower were fetching at the time (AED 695). 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. 908's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,450,000
13 Aug 20261,050,000
7 Aug 20261,100,000
9 Jul 20261,304,288
12 1-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
9062-bedAED 1.15M · Apr 2022
9071-bedAED 1.07M · Nov 2023
1–7 of 11

908, Torch Tower in numbers

  • Sold 5 times: first on 21 April 2012 for AED 891,900, last on 6 May 2021 for AED 700,000 (AED 715 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 80,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 9.3%, 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 6 May 2021.

Questions about 908, Torch Tower

What did unit 908 last sell for?

AED 700,000 on 6 May 2021: AED 715 per sqft for 978 sqft. The unit has 5 registered sales; the first was AED 891,900 in April 2012.

What is the rent for unit 908?

AED 65,000 a year on the contract signed on 5 November 2018. The previous contract, from January 2016, was AED 90,000; the unit has been rented since August 2013.

How big is unit 908?

978 sqft (90.9 sqm): a one-bedroom apartment on the 9th floor of a 84-storey tower completed in 2011.

What is unit 908 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 908, Torch Tower

Starts from the last sale price (AED 700K, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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