3005, Torch Tower
Sold prices and rental history: sold 6 times, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3005, Torch Tower
What is 3005 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 30th of 84
- Parking
- P1-42
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.53M · December 2022
- Building
- Torch Tower
About 3005, Torch Tower
3005 is a two-bedroom apartment of 1,258 sqft on the 30th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 5 December 2022 for AED 1,530,000, or AED 1,215 per sqft, 22% above the AED 993 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 October 2024, is AED 125,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 26,700 a year.
Sales and rents for 3005 over time
3005 has sold 6 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 3005 sits
All 393 2-beds →3005 last sold in December 2022 at AED 1,215 per sqft, 22% above what two-beds in Torch Tower were fetching at the time (AED 993). 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. 3005's AED 125,000 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 30th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,258 sqft | AED 1.55MAED 1,550,000 · Sep 2023September 2023 | 185,000 /yr | |
| 3002 | 2-bed | 1,258 sqft | AED 2.2MAED 2,200,000 · Jun 2024June 2024 | 330,000 /yr | |
| 3003 | 2-bed | 1,258 sqft | AED 944KAED 943,500 · Dec 2020December 2020 | 120,000 /yr | |
| 3004 | 2-bed | 1,258 sqft | AED 975KAED 975,000 · Jan 2012January 2012 | 120,000 /yr | |
| 3006 | 2-bed | 1,258 sqft | AED 1.74MAED 1,739,517 · Apr 2009April 2009 | 50,000 /yr | |
| 3007 | 2-bed | 1,258 sqft | AED 1.19MAED 1,187,450 · Mar 2012March 2012 | 99,360 /yr | |
| 3008 | 2-bed | 1,258 sqft | AED 1.27MAED 1,270,000 · Sep 2022September 2022 | 70,000 /yr |
3005, Torch Tower in numbers
- Sold 6 times: first on 9 August 2009 for AED 1,184,077, last on 5 December 2022 for AED 1,530,000 (AED 1,215 per sqft).
- Rented since August 2012 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 72,000 in 2019 and recovered to AED 125,000 by October 2024.
- At AED 125,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 26,700 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 1 October 2024.
Questions about 3005, Torch Tower
What did unit 3005 last sell for?
AED 1,530,000 on 5 December 2022: AED 1,215 per sqft for 1,258 sqft. The unit has 6 registered sales; the first was AED 1,184,077 in August 2009.
What is the rent for unit 3005?
AED 125,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 125,000; the unit has been rented since August 2012.
How big is unit 3005?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 30th floor of a 84-storey tower completed in 2011.
What is unit 3005 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 3005, Torch Tower
Starts from the last sale price (AED 1.53M, 5 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,530,000
- Deposit, UAE resident (20%)
- AED 306,000
- Deposit, non-resident (40%)
- AED 612,000
- Monthly over 25 years at 3.7%
- AED 6,260
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →