2012, Torch Tower
Sold prices and rental history: sold once, by the developer in May 2009, 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 2012, Torch Tower
What is 2012 worth today?
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Source: Dubai Land Department. Updated 10 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 20th of 84
- Parking
- P2-36
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.49M · May 2009
- Building
- Torch Tower
About 2012, Torch Tower
2012 is a two-bedroom apartment of 1,198 sqft on the 20th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 4 May 2009 for AED 1,485,019, or AED 1,239 per sqft, 4% above the AED 1,195 two-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 10 May 2024, is AED 123,000 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 25,400 a year.
Sales and rents for 2012 over time
2012 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Torch Tower, and where 2012 sits
All 393 2-beds →2012 last sold in May 2009 at AED 1,239 per sqft, 4% above what two-beds in Torch Tower were fetching at the time (AED 1,195). Over the last 12 months two-beds sold for AED 1,700,000 to 2,300,000, around AED 1,509 per sqft, and rent for AED 72,000 to 189,491 a year. 2012's AED 123,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,258 sqft | 1,880,000 | 1,493 | ||
| 3 Feb 20263 February 2026 | 1,258 sqft | 1,996,398 | 1,586 | ||
| 7 Jan 20267 January 2026 | 1,258 sqft | 1,850,000 | 1,470 | ||
| 7 Jan 20267 January 2026 | 1,258 sqft | 1,700,000 | 1,350 |
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 20th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 978 sqft | AED 1.12MAED 1,116,098 · Aug 2009August 2009 | 50,000 /yr | |
| 2002 | 978 sqft | AED 1.26MAED 1,260,000 · Oct 2025October 2025 | 90,000 /yr | ||
| 2003 | 2-bed | 1,198 sqft | AED 2.1MAED 2,100,000 · Dec 2025December 2025 | 92,178 /yr | |
| 2004 | 1-bed | 887 sqft | AED 700KAED 700,000 · May 2021May 2021 | 90,000 /yr | |
| 2005 | 1-bed | 887 sqft | AED 740KAED 740,240 · May 2012May 2012 | 80,000 /yr | |
| 2006 | 2-bed | 1,198 sqft | AED 1.45MAED 1,450,000 · Feb 2023February 2023 | 72,000 /yr | |
| 2007 | 1-bed | 978 sqft | AED 809KAED 808,944 · Jan 2013January 2013 | 95,000 /yr | |
| 2008 | 1-bed | 978 sqft | AED 950KAED 950,000 · Mar 2023March 2023 | 63,800 /yr | |
| 2009 | 2-bed | 1,198 sqft | AED 2.01MAED 2,010,000 · Oct 2014October 2014 | 118,000 /yr | |
| 2010 | 1-bed | 887 sqft | AED 779KAED 779,200 · Apr 2012April 2012 | 69,300 /yr | |
| 2011 | 1-bed | 887 sqft | AED 1.2MAED 1,200,000 · Jan 2025January 2025 | 80,000 /yr |
2012, Torch Tower in numbers
- Sold once: by Torch Select on 4 May 2009 for AED 1,485,019, or AED 1,239 per sqft.
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2020 and recovered to AED 123,000 by May 2024.
- At AED 123,000 a year the gross yield on the 2009 price is 8.3%, before a service charge of about AED 25,400 a year (AED 21.19 per sqft).
- Two-beds in Torch Tower sold for AED 1,700,000–2,300,000 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 10 May 2024.
Questions about 2012, Torch Tower
What did unit 2012 last sell for?
AED 1,485,019 on 4 May 2009, sold by the developer: AED 1,239 per sqft for 1,198 sqft. It is the only registered sale of the unit.
What is the rent for unit 2012?
AED 123,000 a year on the contract signed on 10 May 2024. The previous contract, from October 2023, was AED 104,500; the unit has been rented since September 2013.
How big is unit 2012?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 20th floor of a 84-storey tower completed in 2011.
What is unit 2012 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Torch Tower sold for AED 1,700,000 to 2,300,000 in the last 12 months, around AED 1,509 per sqft.
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Mortgage on 2012, Torch Tower
Starts from the last sale price (AED 1.49M, 4 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,485,019
- Deposit, UAE resident (20%)
- AED 297,004
- Deposit, non-resident (40%)
- AED 594,008
- Monthly over 25 years at 3.7%
- AED 6,076
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →