1-bed · 978 sqftTorch Tower, Dubai Marina · 14th floor · completed 2011

1402, Torch Tower

Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 752K29 December 2012
Current rentAED 82K /yr16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Torch Tower

What is 1402 worth today?

Last sold for AED 751,944 in 2012

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16 May 2024RentedRenewal
AED 81,840/yr12 months · AED 84 per sqft
16 May 2023RentedNew contract
AED 82,500/yr12 months · AED 84 per sqft
10 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
15 Jul 2018RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
15 Oct 2017RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
29 Dec 2012SoldReady
AED 751,944AED 768 per sqft
23 Jul 2009Sold by developerOff-plan
AED 751,944AED 768 per sqft
23 Jul 2009SoldOff-plan
AED 751,944AED 768 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
14th of 84
Parking
P3-21
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 752K · December 2012
Building
Torch Tower

About 1402, Torch Tower

1402 is a one-bedroom apartment of 978 sqft on the 14th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 29 December 2012 for AED 751,944, or AED 768 per sqft, 18% below the AED 935 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 16 May 2024, is AED 81,840 a year: a gross yield of 10.9% on the 2012 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical one-bed in Torch Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,077,057; 2010 AED 894,870; 2011 AED 806,126; 2012 AED 827,175; 2013 AED 1,122,500; 2014 AED 1,292,778; 2015 AED 1,172,956; 2016 AED 1,155,000; 2017 AED 1,220,000; 2018 AED 900,000; 2019 AED 776,500; 2020 AED 590,000; 2021 AED 700,000; 2022 AED 910,000; 2023 AED 1,037,500; 2024 AED 1,300,000; 2025 AED 1,240,000Sold by developer, July 2009: AED 751,944 (AED 768 per sqft)Sold, July 2009: AED 751,944 (AED 768 per sqft)Sold, December 2012: AED 751,944 (AED 768 per sqft)

1402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, each contractTypical one-bed in Torch Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 76,794; 2014 AED 89,251; 2015 AED 95,000; 2016 AED 93,500; 2017 AED 85,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 54,000; 2021 AED 55,000; 2022 AED 63,900; 2023 AED 71,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 91,250New contract, October 2017: AED 95,000 a yearNew contract, July 2018: AED 75,000 a yearNew contract, March 2022: AED 75,000 a yearNew contract, May 2023: AED 82,500 a yearRenewal, May 2024: AED 81,840 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 1402 sits

All 210 1-beds →

1402 last sold in December 2012 at AED 768 per sqft, 18% below what one-beds in Torch Tower were fetching at the time (AED 935). Over the last 12 months one-beds sold for AED 175,586 to 1,475,000, around AED 1,722 per sqft, and rent for AED 67,861 to 110,000 a year. 1402's AED 81,840 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2026175,586
6 Jan 20261,425,000
22 Dec 20251,475,000
25 Jul 20251,600,000
3 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. 13 sold in the last 12 months.

Typical price per sqft
AED 1,586 Up 16.3%
Typical sale
AED 1.9M
Typical rent
AED 109K /yr
Typical yield
6.1%
Torch Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 675 units in Torch Tower
Value
14011-bedAED 1.2M · Jul 2024
14032-bedAED 1.08M · Jan 2019
14041-bedAED 530K · Dec 2020
14051-bedAED 1.12M · Nov 2024
14062-bedAED 1.49M · Jun 2016
14071-bedAED 826K · Mar 2012
14081-bedAED 1.35M · Feb 2024
1–7 of 11

1402, Torch Tower in numbers

  • Sold 3 times: first on 23 July 2009 for AED 751,944, last on 29 December 2012 for AED 751,944 (AED 768 per sqft).
  • Rented since October 2017 on 5 Ejari contracts, from AED 95,000 to AED 81,840 a year.
  • At AED 81,840 a year the gross yield on the 2012 price is 10.9%, before a service charge of about AED 20,700 a year (AED 21.19 per sqft).
  • One-beds in Torch Tower sold for AED 175,586–1,475,000 in the 12 months to November 2026; the building's median across all types is AED 1,586 per sqft.

Source: Dubai Land Department. Updated 16 May 2024.

Questions about 1402, Torch Tower

What did unit 1402 last sell for?

AED 751,944 on 29 December 2012: AED 768 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 751,944 in July 2009.

What is the rent for unit 1402?

AED 81,840 a year on the contract renewed on 16 May 2024. The previous contract, from May 2023, was AED 82,500; the unit has been rented since October 2017.

How big is unit 1402?

978 sqft (90.9 sqm): a one-bedroom apartment on the 14th floor of a 84-storey tower completed in 2011.

What is unit 1402 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 1,475,000 in the last 12 months, around AED 1,722 per sqft.

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Mortgage on 1402, Torch Tower

Starts from the last sale price (AED 752K, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 751,944
Deposit, UAE resident (20%)
AED 150,389
Deposit, non-resident (40%)
AED 300,778
Monthly over 25 years at 3.7%
AED 3,076

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