4002, Torch Tower
Sold prices and rental history: sold 3 times, last in April 2022, 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 4002, Torch Tower
What is 4002 worth today?
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Source: Dubai Land Department. Updated 18 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 40th of 84
- Parking
- B4-23
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.05M · April 2022
- Building
- Torch Tower
About 4002, Torch Tower
4002 is a two-bedroom apartment of 1,258 sqft on the 40th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 7 April 2022 for AED 1,050,000, or AED 834 per sqft, in line with the AED 812 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 18 February 2024, is AED 145,000 a year: a gross yield of 13.8% on the 2022 price, before the service charge of about AED 26,700 a year.
Sales and rents for 4002 over time
4002 has sold 3 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 4002 sits
All 393 2-beds →4002 last sold in April 2022 at AED 834 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 812). 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. 4002's AED 145,000 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 40th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 2-bed | 1,258 sqft | AED 1.6MAED 1,596,369 · May 2009May 2009 | 80,000 /yr | |
| 4003 | 2-bed | 1,258 sqft | AED 970KAED 970,000 · May 2021May 2021 | 150,000 /yr | |
| 4004 | 1,258 sqft | AED 1.7MAED 1,700,000 · Aug 2025August 2025 | 167,501 /yr | ||
| 4005 | 2-bed | 1,258 sqft | AED 1.25MAED 1,249,438 · Mar 2012March 2012 | 107,000 /yr | |
| 4006 | 2-bed | 1,258 sqft | AED 1.25MAED 1,250,000 · Nov 2022November 2022 | 110,000 /yr | |
| 4007 | 2-bed | 1,258 sqft | AED 1.12MAED 1,118,187 · Oct 2012October 2012 | 90,000 /yr | |
| 4008 | 1,258 sqft | AED 2MAED 2,000,000 · Oct 2025October 2025 | 130,000 /yr |
4002, Torch Tower in numbers
- Sold 3 times: first on 21 April 2009 for AED 1,060,525, last on 7 April 2022 for AED 1,050,000 (AED 834 per sqft).
- Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 89,700 to AED 68,000 in 2021 and recovered to AED 145,000 by February 2024.
- At AED 145,000 a year the gross yield on the 2022 price is 13.8%, 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 18 February 2024.
Questions about 4002, Torch Tower
What did unit 4002 last sell for?
AED 1,050,000 on 7 April 2022: AED 834 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,060,525 in April 2009.
What is the rent for unit 4002?
AED 145,000 a year on the contract signed on 18 February 2024. The previous contract, from June 2021, was AED 68,000; the unit has been rented since October 2013.
How big is unit 4002?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 40th floor of a 84-storey tower completed in 2011.
What is unit 4002 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 4002, Torch Tower
Starts from the last sale price (AED 1.05M, 7 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →