2-bed · 1,198 sqftTorch Tower, Dubai Marina · 27th floor · completed 2011

2712, Torch Tower

Sold prices and rental history: sold 3 times, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2712 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 899K14 July 2020
Current rentAED 135K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2712, Torch Tower

What is 2712 worth today?

Last sold for AED 898,500 in 2020

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12 Aug 2024RentedNew contract
AED 135,000/yr12 months · AED 113 per sqft
15 Oct 2023RentedNew contract
AED 145,000/yr12 months · AED 121 per sqft
5 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
26 Sep 2021RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
1 Sep 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
14 Jul 2020SoldReady
AED 898,500AED 749 per sqft
15 Nov 2019RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
27 Dec 2018RentedNew contract
AED 90,320/yr7 months · AED 75 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
2-bed apartment
Size
1,198 sqft
Floor
27th of 84
Parking
P1-25
Developer
Torch Select
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 899K · July 2020
Building
Torch Tower

About 2712, Torch Tower

2712 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 14 July 2020 for AED 898,500, or AED 749 per sqft, in line with the AED 735 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 12 August 2024, is AED 135,000 a year: a gross yield of 15.0% on the 2020 price, before the service charge of about AED 25,400 a year.

Sales and rents for 2712 over time

Sales
Unit 2712, each saleTypical two-bed in Torch Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,518,819; 2010 AED 1,143,000; 2011 AED 1,141,627; 2012 AED 1,155,600; 2013 AED 1,477,623; 2014 AED 1,785,000; 2015 AED 1,660,000; 2016 AED 1,505,000; 2017 AED 1,212,500; 2018 AED 1,012,500; 2019 AED 950,000; 2020 AED 850,000; 2021 AED 990,000; 2022 AED 1,250,000; 2023 AED 1,450,000; 2024 AED 1,650,000; 2025 AED 1,717,500; 2026 AED 1,865,000Sold by developer, September 2010: AED 1,349,700 (AED 1,126 per sqft)Sold, July 2013: AED 1,349,700 (AED 1,126 per sqft)Sold, July 2020: AED 898,500 (AED 749 per sqft)

2712 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2712, each contractTypical two-bed in Torch Tower
50K100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 110,000; 2018 AED 85,000; 2019 AED 76,500; 2020 AED 64,826; 2021 AED 68,400; 2022 AED 80,000; 2023 AED 99,375; 2024 AED 118,000; 2025 AED 120,000; 2026 AED 120,750New contract, December 2014: AED 140,000 a yearNew contract, May 2016: AED 120,000 a yearNew contract, December 2017: AED 90,000 a yearNew contract, December 2018: AED 90,320 a yearNew contract, November 2019: AED 75,000 a yearNew contract, September 2020: AED 55,000 a yearNew contract, September 2021: AED 90,000 a yearNew contract, October 2022: AED 120,000 a yearNew contract, October 2023: AED 145,000 a yearNew contract, August 2024: AED 135,000 a year

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 2712 sits

All 393 2-beds →

2712 last sold in July 2020 at AED 749 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 735). 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. 2712's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20261,880,000
3 Feb 20261,996,398
7 Jan 20261,850,000
7 Jan 20261,700,000
8 2-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 27th floor

All 675 units in Torch Tower
Value
27011-bedAED 807K · Mar 2012
27021-bedAED 917K · Feb 2013
27032-bedAED 1.11M · Dec 2011
27041-bedAED 845K · Mar 2012
27051-bedAED 1.2M · Feb 2015
27062-bedAED 740K · Oct 2020
27071-bedAED 1.25M · Sep 2024
1–7 of 11

2712, Torch Tower in numbers

  • Sold 3 times: first on 8 September 2010 for AED 1,349,700, last on 14 July 2020 for AED 898,500 (AED 749 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 55,000 in 2020 and recovered to AED 135,000 by August 2024.
  • At AED 135,000 a year the gross yield on the 2020 price is 15.0%, 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 12 August 2024.

Questions about 2712, Torch Tower

What did unit 2712 last sell for?

AED 898,500 on 14 July 2020: AED 749 per sqft for 1,198 sqft. The unit has 3 registered sales; the first was AED 1,349,700 in September 2010.

What is the rent for unit 2712?

AED 135,000 a year on the contract signed on 12 August 2024. The previous contract, from October 2023, was AED 145,000; the unit has been rented since December 2014.

How big is unit 2712?

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 2712 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 2712, Torch Tower

Starts from the last sale price (AED 899K, 14 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 898,500
Deposit, UAE resident (20%)
AED 179,700
Deposit, non-resident (40%)
AED 359,400
Monthly over 25 years at 3.7%
AED 3,676

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