2312, Torch Tower
Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2312, Torch Tower
What is 2312 worth today?
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Source: Dubai Land Department. Updated 7 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 23rd of 84
- Parking
- P2-71
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 1.25M · December 2012
- Building
- Torch Tower
About 2312, Torch Tower
2312 is a two-bedroom apartment of 1,198 sqft on the 23rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 29 December 2012 for AED 1,250,000, or AED 1,043 per sqft, 12% above the AED 931 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 7 January 2025, is AED 99,360 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 25,400 a year.
Sales and rents for 2312 over time
2312 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 2312 sits
All 393 2-beds →2312 last sold in December 2012 at AED 1,043 per sqft, 12% above what two-beds in Torch Tower were fetching at the time (AED 931). 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. 2312's AED 99,360 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 23rd floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 978 sqft | AED 858KAED 857,504 · Dec 2011December 2011 | 100,000 /yr | |
| 2302 | 1-bed | 978 sqft | AED 910KAED 910,000 · Mar 2018March 2018 | 100,000 /yr | |
| 2303 | 2-bed | 1,198 sqft | AED 1.59MAED 1,591,126 · Mar 2009March 2009 | 63,000 /yr | |
| 2304 | 1-bed | 887 sqft | AED 1.23MAED 1,228,236 · Aug 2009August 2009 | 75,900 /yr | |
| 2305 | 1-bed | 887 sqft | AED 1.31MAED 1,310,000 · Dec 2024December 2024 | 105,000 /yr | |
| 2306 | 2-bed | 1,198 sqft | AED 1.12MAED 1,121,162 · Oct 2011October 2011 | 68,000 /yr | |
| 2307 | 1-bed | 978 sqft | AED 1.25MAED 1,249,766 · Apr 2009April 2009 | 85,000 /yr | |
| 2308 | 1-bed | 978 sqft | AED 910KAED 910,000 · Dec 2022December 2022 | 105,000 /yr | |
| 2309 | 2-bed | 1,198 sqft | AED 1.3MAED 1,303,000 · Apr 2013April 2013 | 125,000 /yr | |
| 2310 | 1-bed | 887 sqft | AED 1.26MAED 1,255,000 · Jan 2017January 2017 | 90,750 /yr | |
| 2311 | 1-bed | 887 sqft | AED 600KAED 600,000 · Aug 2020August 2020 | 90,000 /yr |
2312, Torch Tower in numbers
- Sold once: by Torch Select on 29 December 2012 for AED 1,250,000, or AED 1,043 per sqft.
- Rented since May 2015 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 99,360 by January 2025.
- At AED 99,360 a year the gross yield on the 2012 price is 8.0%, 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 7 January 2025.
Questions about 2312, Torch Tower
What did unit 2312 last sell for?
AED 1,250,000 on 29 December 2012, sold by the developer: AED 1,043 per sqft for 1,198 sqft. It is the only registered sale of the unit.
What is the rent for unit 2312?
AED 99,360 a year on the contract renewed on 7 January 2025. The previous contract, from January 2021, was AED 55,000; the unit has been rented since May 2015.
How big is unit 2312?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 23rd floor of a 84-storey tower completed in 2011.
What is unit 2312 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 2312, Torch Tower
Starts from the last sale price (AED 1.25M, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →