3708, Torch Tower
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3708, Torch Tower
What is 3708 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 37th of 84
- Parking
- B4-5
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 773K · June 2016
- Building
- Torch Tower
About 3708, Torch Tower
3708 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 23 June 2016 for AED 772,500, or AED 613 per sqft, 51% below the AED 1,239 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 14 October 2024, is AED 155,000 a year: a gross yield of 20.1% on the 2016 price, before the service charge of about AED 26,700 a year.
Sales and rents for 3708 over time
3708 has sold twice; 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 3708 sits
All 393 2-beds →3708 last sold in June 2016 at AED 613 per sqft, 51% below what two-beds in Torch Tower were fetching at the time (AED 1,239). 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. 3708's AED 155,000 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 37th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | 2-bed | 1,258 sqft | AED 2MAED 2,000,000 · May 2023May 2023 | 130,000 /yr | |
| 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, Torch Tower in numbers
- Sold twice: first on 20 December 2012 for AED 1,300,000, last on 23 June 2016 for AED 772,500 (AED 613 per sqft).
- Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 70,000 in 2020 and recovered to AED 155,000 by October 2024.
- At AED 155,000 a year the gross yield on the 2016 price is 20.1%, 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 14 October 2024.
Questions about 3708, Torch Tower
What did unit 3708 last sell for?
AED 772,500 on 23 June 2016: AED 613 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in December 2012.
What is the rent for unit 3708?
AED 155,000 a year on the contract signed on 14 October 2024. The previous contract, from November 2022, was AED 110,000; the unit has been rented since February 2017.
How big is unit 3708?
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 3708 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 3708, Torch Tower
Starts from the last sale price (AED 773K, 23 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 772,500
- Deposit, UAE resident (20%)
- AED 154,500
- Deposit, non-resident (40%)
- AED 309,000
- Monthly over 25 years at 3.7%
- AED 3,161
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →