2706, Torch Tower
Sold prices and rental history: sold 4 times, last in October 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2706, Torch Tower
What is 2706 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,198 sqft
- Floor
- 27th of 84
- Parking
- P1-19
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 740K · October 2020
- Building
- Torch Tower
About 2706, Torch Tower
2706 is a two-bedroom apartment of 1,198 sqft on the 27th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 6 October 2020 for AED 740,000, or AED 617 per sqft, 11% below the AED 696 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 19 August 2024, is AED 165,000 a year: a gross yield of 22.3% on the 2020 price, before the service charge of about AED 25,400 a year.
Sales and rents for 2706 over time
2706 has sold 4 times; 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 2706 sits
All 393 2-beds →2706 last sold in October 2020 at AED 617 per sqft, 11% below what two-beds in Torch Tower were fetching at the time (AED 696). 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. 2706's AED 165,000 is in the upper 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 27th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 1-bed | 978 sqft | AED 807KAED 807,494 · Mar 2012March 2012 | 75,710 /yr | |
| 2702 | 1-bed | 978 sqft | AED 917KAED 917,048 · Feb 2013February 2013 | ||
| 2703 | 2-bed | 1,198 sqft | AED 1.11MAED 1,107,476 · Dec 2011December 2011 | 121,000 /yr | |
| 2704 | 1-bed | 887 sqft | AED 845KAED 844,764 · Mar 2012March 2012 | 82,500 /yr | |
| 2705 | 1-bed | 887 sqft | AED 1.2MAED 1,200,000 · Feb 2015February 2015 | 67,861 /yr | |
| 2707 | 1-bed | 978 sqft | AED 1.25MAED 1,250,000 · Sep 2024September 2024 | 66,792 /yr | |
| 2708 | 1-bed | 978 sqft | AED 1.17MAED 1,165,000 · Feb 2025February 2025 | 68,000 /yr | |
| 2709 | 2-bed | 1,198 sqft | AED 1.05MAED 1,050,000 · Jul 2018July 2018 | 85,000 /yr | |
| 2710 | 1-bed | 887 sqft | AED 1.15MAED 1,150,000 · Dec 2024December 2024 | 76,533 /yr | |
| 2711 | 1-bed | 887 sqft | AED 807KAED 807,495 · Dec 2011December 2011 | 90,000 /yr | |
| 2712 | 2-bed | 1,198 sqft | AED 899KAED 898,500 · Jul 2020July 2020 | 135,000 /yr |
2706, Torch Tower in numbers
- Sold 4 times: first on 26 April 2011 for AED 1,103,409, last on 6 October 2020 for AED 740,000 (AED 617 per sqft).
- Rented since October 2017 on 3 Ejari contracts. The rent fell from AED 90,000 to AED 68,000 in 2019 and recovered to AED 165,000 by August 2024.
- At AED 165,000 a year the gross yield on the 2020 price is 22.3%, 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 19 August 2024.
Questions about 2706, Torch Tower
What did unit 2706 last sell for?
AED 740,000 on 6 October 2020: AED 617 per sqft for 1,198 sqft. The unit has 4 registered sales; the first was AED 1,103,409 in April 2011.
What is the rent for unit 2706?
AED 165,000 a year on the contract signed on 19 August 2024. The previous contract, from October 2019, was AED 68,000; the unit has been rented since October 2017.
How big is unit 2706?
1,198 sqft (111.3 sqm): a two-bedroom apartment on the 27th floor of a 84-storey tower completed in 2011.
What is unit 2706 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 2706, Torch Tower
Starts from the last sale price (AED 740K, 6 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →