1508, Torch Tower
Sold prices and rental history: sold 3 times, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Torch Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 24 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 15th of 84
- Parking
- P3-39
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 680K · February 2021
- Building
- Torch Tower
About 1508, Torch Tower
1508 is a one-bedroom 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 28 February 2021 for AED 680,000, or AED 695 per sqft, 5% above the AED 665 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 24 May 2025, is AED 96,000 a year: a gross yield of 14.1% on the 2021 price, before the service charge of about AED 20,700 a year.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1508 sits
All 210 1-beds →1508 last sold in February 2021 at AED 695 per sqft, 5% above what one-beds in Torch Tower were fetching at the time (AED 665). 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. 1508's AED 96,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 102 sqft | 175,586 | 1,722 | ||
| 6 Jan 20266 January 2026 | 978 sqft | 1,425,000 | 1,456 | ||
| 22 Dec 202522 December 2025 | 808 sqft | 1,475,000 | 1,824 | ||
| 25 Jul 202525 July 2025 | 808 sqft | 1,600,000 | 1,979 |
Torch Tower
Building675 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%
Other units on the 15th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 978 sqft | AED 1.55MAED 1,550,000 · Oct 2025October 2025 | 97,681 /yr | ||
| 1502 | 978 sqft | AED 1.3MAED 1,300,000 · Aug 2025August 2025 | 48,000 /yr | ||
| 1503 | 2-bed | 1,198 sqft | AED 955KAED 955,000 · Jun 2019June 2019 | 115,500 /yr | |
| 1504 | 1-bed | 887 sqft | AED 1.27MAED 1,270,000 · Jun 2024June 2024 | 60,000 /yr | |
| 1505 | 1-bed | 887 sqft | AED 825KAED 825,000 · Sep 2018September 2018 | 68,000 /yr | |
| 1506 | 2-bed | 1,198 sqft | AED 1.61MAED 1,606,874 · May 2009May 2009 | 121,500 /yr | |
| 1507 | 1-bed | 978 sqft | AED 1.45MAED 1,453,683 · Oct 2013October 2013 | 85,000 /yr | |
| 1509 | 2-bed | 1,198 sqft | AED 1.49MAED 1,490,000 · Jan 2024January 2024 | 145,000 /yr | |
| 1510 | 1-bed | 887 sqft | AED 1.33MAED 1,325,000 · Oct 2024October 2024 | 90,000 /yr | |
| 1511 | 1-bed | 887 sqft | AED 720KAED 720,000 · Apr 2022April 2022 | 105,000 /yr | |
| 1512 | 2-bed | 1,198 sqft | AED 1.1MAED 1,100,000 · May 2018May 2018 | 107,000 /yr |
1508, Torch Tower in numbers
- Sold 3 times: first on 23 July 2009 for AED 986,403, last on 28 February 2021 for AED 680,000 (AED 695 per sqft).
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 75,000 to AED 54,000 in 2021 and recovered to AED 96,000 by May 2025.
- At AED 96,000 a year the gross yield on the 2021 price is 14.1%, 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 24 May 2025.
Questions about 1508, Torch Tower
What did unit 1508 last sell for?
AED 680,000 on 28 February 2021: AED 695 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 986,403 in July 2009.
What is the rent for unit 1508?
AED 96,000 a year on the contract signed on 24 May 2025. The previous contract, from June 2024, was AED 100,000; the unit has been rented since July 2013.
How big is unit 1508?
978 sqft (90.9 sqm): a one-bedroom apartment on the 15th floor of a 84-storey tower completed in 2011.
What is unit 1508 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 1508, Torch Tower
Starts from the last sale price (AED 680K, 28 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →