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

912, Torch Tower

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 912 · DLD and Ejari recordsUpdated 26 July 2023
Last soldAED 1.36M26 July 2023
Current rentAED 90K /yr30 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 912, Torch Tower

What is 912 worth today?

Last sold for AED 1,360,000 in 2023

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26 Jul 2023SoldReady
AED 1,360,000AED 1,134 per sqft
30 Apr 2023RentedRenewal
AED 89,700/yr12 months · AED 75 per sqft
30 Apr 2022RentedRenewal
AED 78,000/yr12 months · AED 65 per sqft
30 Apr 2021RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
21 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
12 Nov 2019RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
12 Nov 2018RentedRenewal
AED 85,000/yr12 months · AED 71 per sqft
12 Nov 2017RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 26 July 2023.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
9th of 84
Parking
P4-48
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 1.36M · July 2023
Building
Torch Tower

About 912, Torch Tower

912 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 26 July 2023 for AED 1,360,000, or AED 1,134 per sqft, 8% above the AED 1,046 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 30 April 2023, is AED 89,700 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 25,400 a year.

Sales and rents for 912 over time

Sales
Unit 912, 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 1,455,890 (AED 1,214 per sqft)Sold, July 2023: AED 1,360,000 (AED 1,134 per sqft)

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

Rents
Unit 912, each contractTypical two-bed in Torch Tower
50K100K150K2012201620202024Typical 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, July 2013: AED 90,000 a yearNew contract, July 2014: AED 108,000 a yearNew contract, July 2015: AED 124,200 a yearNew contract, July 2016: AED 136,620 a yearRenewal, July 2017: AED 115,000 a yearNew contract, November 2017: AED 90,000 a yearRenewal, November 2018: AED 85,000 a yearRenewal, November 2019: AED 75,000 a yearNew contract, December 2020: AED 55,000 a yearNew contract, April 2021: AED 65,000 a yearRenewal, April 2022: AED 78,000 a yearRenewal, April 2023: AED 89,700 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 912 sits

All 404 2-beds →

912 last sold in July 2023 at AED 1,134 per sqft, 8% above what two-beds in Torch Tower were fetching at the time (AED 1,046). 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. 912's AED 89,700 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
9062-bedAED 1.15M · Apr 2022
9071-bedAED 1.07M · Nov 2023
1–7 of 11

912, Torch Tower in numbers

  • Sold twice: first on 30 April 2009 for AED 1,455,890, last on 26 July 2023 for AED 1,360,000 (AED 1,134 per sqft).
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2020 and recovered to AED 89,700 by April 2023.
  • At AED 89,700 a year the gross yield on the 2023 price is 6.6%, 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 26 July 2023.

Questions about 912, Torch Tower

What did unit 912 last sell for?

AED 1,360,000 on 26 July 2023: AED 1,134 per sqft for 1,198 sqft. The unit has 2 registered sales; the first was AED 1,455,890 in April 2009.

What is the rent for unit 912?

AED 89,700 a year on the contract renewed on 30 April 2023. The previous contract, from April 2022, was AED 78,000; the unit has been rented since July 2013.

How big is unit 912?

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 912 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 912, Torch Tower

Starts from the last sale price (AED 1.36M, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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