1-bed · 887 sqftTorch Tower, Dubai Marina · 14th floor · completed 2011

1405, Torch Tower

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 1.12M14 November 2024
Current rentAED 62K /yr3 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Torch Tower

What is 1405 worth today?

Last sold for AED 1,120,000 in 2024

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14 Nov 2024SoldReady
AED 1,120,000AED 1,263 per sqft
3 Jan 2023RentedRenewal
AED 61,600/yr12 months · AED 69 per sqft
3 Jan 2022RentedRenewal
AED 56,000/yr12 months · AED 63 per sqft
3 Jan 2021RentedRenewal
AED 52,000/yr12 months · AED 59 per sqft
3 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
28 Nov 2017RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
20 Sep 2016RentedNew contract
AED 95,000/yr12 months · AED 107 per sqft
1 Oct 2015RentedNew contract
AED 95,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
14th of 84
Parking
P3-24
Developer
Torch Select
Completed
2011
Service charge
AED 18,800 /yr
Last sold
AED 1.12M · November 2024
Building
Torch Tower

About 1405, Torch Tower

1405 is a one-bedroom apartment of 887 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 14 November 2024 for AED 1,120,000, or AED 1,263 per sqft, 9% below the AED 1,395 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 3 January 2023, is AED 61,600 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, April 2009: AED 737,200 (AED 831 per sqft)Sold, March 2012: AED 737,200 (AED 831 per sqft)Sold, November 2024: AED 1,120,000 (AED 1,263 per sqft)

1405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, 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, September 2014: AED 72,450 a yearNew contract, October 2015: AED 95,000 a yearNew contract, September 2016: AED 95,000 a yearNew contract, November 2017: AED 70,000 a yearNew contract, January 2019: AED 65,000 a yearRenewal, January 2021: AED 52,000 a yearRenewal, January 2022: AED 56,000 a yearRenewal, January 2023: AED 61,600 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 1405 sits

All 210 1-beds →

1405 last sold in November 2024 at AED 1,263 per sqft, 9% below what one-beds in Torch Tower were fetching at the time (AED 1,395). 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. 1405's AED 61,600 is at the bottom 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
14021-bedAED 752K · Dec 2012
14032-bedAED 1.08M · Jan 2019
14041-bedAED 530K · Dec 2020
14062-bedAED 1.49M · Jun 2016
14071-bedAED 826K · Mar 2012
14081-bedAED 1.35M · Feb 2024
1–7 of 11

1405, Torch Tower in numbers

  • Sold 3 times: first on 30 April 2009 for AED 737,200, last on 14 November 2024 for AED 1,120,000 (AED 1,263 per sqft).
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 72,450 to AED 52,000 in 2021 and recovered to AED 61,600 by January 2023.
  • At AED 61,600 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 18,800 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 14 November 2024.

Questions about 1405, Torch Tower

What did unit 1405 last sell for?

AED 1,120,000 on 14 November 2024: AED 1,263 per sqft for 887 sqft. The unit has 3 registered sales; the first was AED 737,200 in April 2009.

What is the rent for unit 1405?

AED 61,600 a year on the contract renewed on 3 January 2023. The previous contract, from January 2022, was AED 56,000; the unit has been rented since September 2014.

How big is unit 1405?

887 sqft (82.4 sqm): a one-bedroom apartment on the 14th floor of a 84-storey tower completed in 2011.

What is unit 1405 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 1405, Torch Tower

Starts from the last sale price (AED 1.12M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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