1-bed · 978 sqftTorch Tower, Dubai Marina · 17th floor · completed 2011

1702, Torch Tower

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 700K6 May 2021
Current rentAED 100K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Torch Tower

What is 1702 worth today?

Last sold for AED 700,000 in 2021

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1 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 102 per sqft
1 Sep 2023RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft
6 May 2021SoldReady
AED 700,000AED 715 per sqft
12 Feb 2019SoldReady
AED 793,000AED 810 per sqft
18 Aug 2016RentedNew contract
AED 93,000/yr12 months · AED 95 per sqft
24 Jan 2016RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
14 Mar 2015RentedNew contract
AED 83,681/yr12 months · AED 85 per sqft
14 Jul 2014RentedNew contract
AED 76,072/yr6 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
17th of 84
Parking
P3-57
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 700K · May 2021
Building
Torch Tower

About 1702, Torch Tower

1702 is a one-bedroom apartment of 978 sqft on the 17th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 6 May 2021 for AED 700,000, or AED 715 per sqft, in line with the AED 705 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 100,000 a year: a gross yield of 14.3% on the 2021 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, March 2009: AED 1,031,717 (AED 1,054 per sqft)Sold, February 2019: AED 793,000 (AED 810 per sqft)Sold, May 2021: AED 700,000 (AED 715 per sqft)

1702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, each contractTypical one-bed in Torch Tower
50K75K100K2012201620202024Typical 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, July 2013: AED 66,150 a yearNew contract, July 2014: AED 76,072 a yearNew contract, March 2015: AED 83,681 a yearNew contract, January 2016: AED 95,000 a yearNew contract, August 2016: AED 93,000 a yearNew contract, September 2023: AED 100,000 a yearRenewal, September 2024: AED 100,000 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 1702 sits

All 210 1-beds →

1702 last sold in May 2021 at AED 715 per sqft, in line with what one-beds in Torch Tower were fetching at the time (AED 705). 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. 1702's AED 100,000 is in the upper 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 17th floor

All 675 units in Torch Tower
Value
17011-bedAED 1.43M · Jan 2026
17032-bedAED 1.69M · Jul 2024
17041-bedAED 1.09M · May 2009
17051-bedAED 1.15M · Aug 2023
17062-bedAED 1M · Jun 2014
17071-bedAED 1.2M · Jul 2013
1708AED 1.95M · Sep 2025
1–7 of 11

1702, Torch Tower in numbers

  • Sold 3 times: first on 1 March 2009 for AED 1,031,717, last on 6 May 2021 for AED 700,000 (AED 715 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 66,150 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 14.3%, 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 1 September 2024.

Questions about 1702, Torch Tower

What did unit 1702 last sell for?

AED 700,000 on 6 May 2021: AED 715 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 1,031,717 in March 2009.

What is the rent for unit 1702?

AED 100,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 100,000; the unit has been rented since July 2013.

How big is unit 1702?

978 sqft (90.9 sqm): a one-bedroom apartment on the 17th floor of a 84-storey tower completed in 2011.

What is unit 1702 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 1702, Torch Tower

Starts from the last sale price (AED 700K, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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