2-bed · 1,258 sqftTorch Tower, Dubai Marina · 43rd floor · completed 2011

4301, Torch Tower

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4301 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 1.15M14 November 2021
Current rentAED 135K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4301, Torch Tower

What is 4301 worth today?

Last sold for AED 1,150,000 in 2021

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20 Dec 2023RentedNew contract
AED 135,000/yr12 months · AED 107 per sqft
26 Nov 2022RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
24 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
14 Nov 2021SoldReady
AED 1,150,000AED 913 per sqft
25 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
15 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
10 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
17 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
43rd of 84
Parking
B4-46
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.15M · November 2021
Building
Torch Tower

About 4301, Torch Tower

4301 is a two-bedroom apartment of 1,258 sqft on the 43rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 14 November 2021 for AED 1,150,000, or AED 913 per sqft, 19% above the AED 770 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 20 December 2023, is AED 135,000 a year: a gross yield of 11.7% on the 2021 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4301 over time

Sales
Unit 4301, 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, May 2009: AED 1,611,408 (AED 1,280 per sqft)Sold, November 2021: AED 1,150,000 (AED 913 per sqft)

4301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4301, each contractTypical two-bed in Torch Tower
100K150K2012201620202024Typical 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, November 2012: AED 110,000 a yearNew contract, November 2013: AED 130,000 a yearNew contract, November 2014: AED 145,000 a yearNew contract, October 2017: AED 120,000 a yearNew contract, March 2019: AED 95,000 a yearNew contract, July 2020: AED 65,000 a yearNew contract, November 2021: AED 90,000 a yearNew contract, November 2022: AED 110,000 a yearNew contract, December 2023: AED 135,000 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 4301 sits

All 393 2-beds →

4301 last sold in November 2021 at AED 913 per sqft, 19% above what two-beds in Torch Tower were fetching at the time (AED 770). 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. 4301's AED 135,000 is in the upper half 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 43rd floor

All 675 units in Torch Tower
Value
43022-bedAED 1.33M · Jan 2023
43032-bedAED 1.6M · Nov 2023
43042-bedAED 876K · Sep 2020
43052-bedAED 1.72M · Mar 2014
43062-bedAED 2.05M · Aug 2015
43072-bedAED 1.05M · Jul 2019
43082-bedAED 1.23M · Jul 2012

4301, Torch Tower in numbers

  • Sold twice: first on 13 May 2009 for AED 1,611,408, last on 14 November 2021 for AED 1,150,000 (AED 913 per sqft).
  • Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 135,000 by December 2023.
  • At AED 135,000 a year the gross yield on the 2021 price is 11.7%, 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 20 December 2023.

Questions about 4301, Torch Tower

What did unit 4301 last sell for?

AED 1,150,000 on 14 November 2021: AED 913 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,611,408 in May 2009.

What is the rent for unit 4301?

AED 135,000 a year on the contract signed on 20 December 2023. The previous contract, from November 2022, was AED 110,000; the unit has been rented since November 2012.

How big is unit 4301?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 43rd floor of a 84-storey tower completed in 2011.

What is unit 4301 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 4301, Torch Tower

Starts from the last sale price (AED 1.15M, 14 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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