2-bed · 1,258 sqftTorch Tower, Dubai Marina · 33rd floor · completed 2011

3308, Torch Tower

Sold prices and rental history: sold 4 times, last in April 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3308 · DLD and Ejari recordsUpdated 19 June 2023
Last soldAED 1.4M8 April 2017
Current rentAED 65K /yr19 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3308, Torch Tower

What is 3308 worth today?

Last sold for AED 1,400,000 in 2017

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19 Jun 2023RentedRenewal
AED 65,000/yr12 months · AED 52 per sqft
19 Jun 2022RentedRenewal
AED 65,000/yr12 months · AED 52 per sqft
19 Jun 2021RentedRenewal
AED 61,000/yr12 months · AED 48 per sqft
19 Jun 2020RentedRenewal
AED 62,000/yr12 months · AED 49 per sqft
20 Jun 2018RentedRenewal
AED 95,256/yr12 months · AED 76 per sqft
8 Apr 2017SoldReady
AED 1,400,000AED 1,112 per sqft
16 Nov 2014RentedNew contract
AED 140,000/yr12 months · AED 111 per sqft
10 Aug 2013RentedRenewal
AED 127,500/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 19 June 2023.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
33rd of 84
Parking
P1-68
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.4M · April 2017
Building
Torch Tower

About 3308, Torch Tower

3308 is a two-bedroom apartment of 1,258 sqft on the 33rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 8 April 2017 for AED 1,400,000, or AED 1,112 per sqft, 8% below the AED 1,211 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 19 June 2023, is AED 65,000 a year: a gross yield of 4.6% on the 2017 price, before the service charge of about AED 26,700 a year.

Sales and rents for 3308 over time

Sales
Unit 3308, 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, April 2010: AED 1,143,000 (AED 908 per sqft)Sold, July 2012: AED 1,143,000 (AED 908 per sqft)Sold, July 2012: AED 1,250,000 (AED 993 per sqft)Sold, April 2017: AED 1,400,000 (AED 1,112 per sqft)

3308 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3308, 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, August 2012: AED 127,500 a yearRenewal, August 2013: AED 127,500 a yearNew contract, November 2014: AED 140,000 a yearRenewal, June 2018: AED 95,256 a yearRenewal, June 2020: AED 62,000 a yearRenewal, June 2021: AED 61,000 a yearRenewal, June 2022: AED 65,000 a yearRenewal, June 2023: AED 65,000 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 3308 sits

All 393 2-beds →

3308 last sold in April 2017 at AED 1,112 per sqft, 8% below what two-beds in Torch Tower were fetching at the time (AED 1,211). 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. 3308's AED 65,000 is at the bottom 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 33rd floor

All 675 units in Torch Tower
Value
33012-bedAED 1.09M · Feb 2015
33022-bedAED 750K · Jan 2021
33032-bedAED 1.25M · Dec 2022
33042-bedAED 1.7M · Aug 2013
33052-bedAED 1.43M · Mar 2023
33062-bedAED 1.9M · Dec 2025
33072-bedAED 955K · Apr 2021

3308, Torch Tower in numbers

  • Sold 4 times: first on 6 April 2010 for AED 1,143,000, last on 8 April 2017 for AED 1,400,000 (AED 1,112 per sqft).
  • Rented since August 2012 on 8 Ejari contracts, from AED 127,500 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 4.6%, 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 19 June 2023.

Questions about 3308, Torch Tower

What did unit 3308 last sell for?

AED 1,400,000 on 8 April 2017: AED 1,112 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,143,000 in April 2010.

What is the rent for unit 3308?

AED 65,000 a year on the contract renewed on 19 June 2023. The previous contract, from June 2022, was AED 65,000; the unit has been rented since August 2012.

How big is unit 3308?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 33rd floor of a 84-storey tower completed in 2011.

What is unit 3308 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 3308, Torch Tower

Starts from the last sale price (AED 1.4M, 8 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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