1602, Torch Tower
Sold prices and rental history: sold twice, last in April 2017, 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 1602, Torch Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 18 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 16th of 84
- Parking
- P3-45
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.27M · April 2017
- Building
- Torch Tower
About 1602, Torch Tower
1602 is a one-bedroom apartment of 978 sqft on the 16th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 6 April 2017 for AED 1,270,000, or AED 1,298 per sqft, in line with the AED 1,267 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 April 2025, is AED 90,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 20,700 a year.
Sales and rents for 1602 over time
1602 has sold twice; 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 1602 sits
All 210 1-beds →1602 last sold in April 2017 at AED 1,298 per sqft, in line with what one-beds in Torch Tower were fetching at the time (AED 1,267). 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. 1602's AED 90,000 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 16th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 978 sqft | AED 751KAED 751,200 · Dec 2011December 2011 | 73,205 /yr | |
| 1603 | 2-bed | 1,198 sqft | AED 750KAED 750,000 · Jun 2016June 2016 | 100,000 /yr | |
| 1604 | 1-bed | 887 sqft | AED 1.1MAED 1,100,000 · Feb 2023February 2023 | 85,000 /yr | |
| 1605 | 1-bed | 887 sqft | AED 800KAED 800,000 · May 2022May 2022 | 55,000 /yr | |
| 1606 | 2-bed | 1,198 sqft | AED 1.03MAED 1,030,000 · Aug 2021August 2021 | 160,000 /yr | |
| 1607 | 1-bed | 978 sqft | AED 1.15MAED 1,150,091 · Mar 2009March 2009 | 82,770 /yr | |
| 1608 | 1-bed | 978 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | 60,000 /yr | |
| 1609 | 2-bed | 1,198 sqft | AED 1.2MAED 1,200,000 · Sep 2022September 2022 | 110,000 /yr | |
| 1610 | 1-bed | 887 sqft | AED 782KAED 781,548 · Apr 2012April 2012 | 90,000 /yr | |
| 1611 | 1-bed | 887 sqft | AED 978KAED 977,809 · Jul 2013July 2013 | 84,000 /yr | |
| 1612 | 2-bed | 1,198 sqft | AED 1.11MAED 1,110,000 · Sep 2012September 2012 | 135,000 /yr |
1602, Torch Tower in numbers
- Sold twice: first on 1 March 2009 for AED 1,022,192, last on 6 April 2017 for AED 1,270,000 (AED 1,298 per sqft).
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 66,150 to AED 50,000 in 2020 and recovered to AED 90,000 by April 2025.
- At AED 90,000 a year the gross yield on the 2017 price is 7.1%, 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 18 April 2025.
Questions about 1602, Torch Tower
What did unit 1602 last sell for?
AED 1,270,000 on 6 April 2017: AED 1,298 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 1,022,192 in March 2009.
What is the rent for unit 1602?
AED 90,000 a year on the contract renewed on 18 April 2025. The previous contract, from April 2024, was AED 85,000; the unit has been rented since July 2013.
How big is unit 1602?
978 sqft (90.9 sqm): a one-bedroom apartment on the 16th floor of a 84-storey tower completed in 2011.
What is unit 1602 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 1602, Torch Tower
Starts from the last sale price (AED 1.27M, 6 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,270,000
- Deposit, UAE resident (20%)
- AED 254,000
- Deposit, non-resident (40%)
- AED 508,000
- Monthly over 25 years at 3.7%
- AED 5,196
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →