3701, Torch Tower
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3701, Torch Tower
What is 3701 worth today?
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Source: Dubai Land Department. Updated 28 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 37th of 84
- Parking
- B1-66
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 2M · May 2023
- Building
- Torch Tower
About 3701, Torch Tower
3701 is a two-bedroom apartment of 1,258 sqft on the 37th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 31 May 2023 for AED 2,000,000, or AED 1,589 per sqft, 57% above the AED 1,009 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 28 December 2024, is AED 130,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 26,700 a year.
Sales and rents for 3701 over time
3701 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 3701 sits
All 393 2-beds →3701 last sold in May 2023 at AED 1,589 per sqft, 57% above what two-beds in Torch Tower were fetching at the time (AED 1,009). 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. 3701's AED 130,000 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 37th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3702 | 2-bed | 1,258 sqft | AED 1.35MAED 1,350,000 · Jan 2023January 2023 | 75,000 /yr | |
| 3703 | 2-bed | 1,258 sqft | AED 1.36MAED 1,355,000 · May 2023May 2023 | 60,000 /yr | |
| 3704 | 2-bed | 1,258 sqft | AED 1.21MAED 1,211,465 · Mar 2012March 2012 | 175,000 /yr | |
| 3705 | 2-bed | 1,258 sqft | AED 1.6MAED 1,600,000 · Dec 2009December 2009 | ||
| 3706 | 2-bed | 1,258 sqft | AED 1.95MAED 1,950,000 · Jul 2014July 2014 | 78,000 /yr | |
| 3707 | 2-bed | 1,258 sqft | AED 1.68MAED 1,680,000 · Mar 2025March 2025 | 85,000 /yr | |
| 3708 | 2-bed | 1,258 sqft | AED 773KAED 772,500 · Jun 2016June 2016 | 155,000 /yr |
3701, Torch Tower in numbers
- Sold 4 times: first on 26 April 2009 for AED 1,581,330, last on 31 May 2023 for AED 2,000,000 (AED 1,589 per sqft).
- Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2021 and recovered to AED 130,000 by December 2024.
- At AED 130,000 a year the gross yield on the 2023 price is 6.5%, 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 28 December 2024.
Questions about 3701, Torch Tower
What did unit 3701 last sell for?
AED 2,000,000 on 31 May 2023: AED 1,589 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,581,330 in April 2009.
What is the rent for unit 3701?
AED 130,000 a year on the contract signed on 28 December 2024. The previous contract, from February 2022, was AED 66,000; the unit has been rented since November 2013.
How big is unit 3701?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 37th floor of a 84-storey tower completed in 2011.
What is unit 3701 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 3701, Torch Tower
Starts from the last sale price (AED 2M, 31 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →