978 sqftTorch Tower, Dubai Marina · 15th floor · completed 2011

1502, Torch Tower

Sold prices and rental history: sold 4 times, last in August 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 21 August 2025
Last soldAED 1.3M21 August 2025
Current rentAED 48K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Torch Tower

What is 1502 worth today?

Last sold for AED 1,300,000 in 2025

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21 Aug 2025SoldReady
AED 1,300,000AED 1,329 per sqft
13 Mar 2025SoldReady
AED 1,152,282AED 1,178 per sqft
9 Dec 2020SoldReady
AED 635,700AED 649 per sqft
1 Dec 2020RentedNew contract
AED 48,000/yr12 months · AED 49 per sqft
22 Jan 2020RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
22 Jan 2019RentedRenewal
AED 72,000/yr12 months · AED 74 per sqft
1 Dec 2016RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
1 Dec 2015RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 21 August 2025.

Key facts

Type
Apartment
Size
978 sqft
Floor
15th of 84
Parking
P3-33
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 1.3M · August 2025
Building
Torch Tower

About 1502, Torch Tower

1502 is an apartment of 978 sqft on the 15th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 21 August 2025 for AED 1,300,000, or AED 1,329 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 December 2020, is AED 48,000 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 20,700 a year.

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 15th floor

All 675 units in Torch Tower
Value
1501AED 1.55M · Oct 2025
15032-bedAED 955K · Jun 2019
15041-bedAED 1.27M · Jun 2024
15051-bedAED 825K · Sep 2018
15062-bedAED 1.61M · May 2009
15071-bedAED 1.45M · Oct 2013
15081-bedAED 680K · Feb 2021
1–7 of 11

1502, Torch Tower in numbers

  • Sold 4 times: first on 21 April 2012 for AED 891,900, last on 21 August 2025 for AED 1,300,000 (AED 1,329 per sqft).
  • Rented since September 2013 on 7 Ejari contracts, from AED 70,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 20,700 a year (AED 21.19 per sqft).

Source: Dubai Land Department. Updated 21 August 2025.

Questions about 1502, Torch Tower

What did unit 1502 last sell for?

AED 1,300,000 on 21 August 2025: AED 1,329 per sqft for 978 sqft. The unit has 4 registered sales; the first was AED 891,900 in April 2012.

What is the rent for unit 1502?

AED 48,000 a year on the contract signed on 1 December 2020. The previous contract, from January 2020, was AED 65,000; the unit has been rented since September 2013.

How big is unit 1502?

978 sqft (90.9 sqm): an apartment on the 15th floor of a 84-storey tower completed in 2011.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1502, Torch Tower

Starts from the last sale price (AED 1.3M, 21 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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