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

4305, Torch Tower

Sold prices and rental history: sold 3 times, last in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4305 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 1.72M23 March 2014
Current rentAED 105K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4305, Torch Tower

What is 4305 worth today?

Last sold for AED 1,720,000 in 2014

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25 Oct 2023RentedRenewal
AED 104,500/yr12 months · AED 83 per sqft
25 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
16 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
28 Jan 2020RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
1 Nov 2015RentedNew contract
AED 135,000/yr12 months · AED 107 per sqft
7 Oct 2014RentedNew contract
AED 155,000/yr12 months · AED 123 per sqft
23 Mar 2014SoldReady
AED 1,720,000AED 1,366 per sqft
12 Feb 2014SoldReady
AED 1,701,104AED 1,351 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
43rd of 84
Parking
B4-50
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.72M · March 2014
Building
Torch Tower

About 4305, Torch Tower

4305 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 23 March 2014 for AED 1,720,000, or AED 1,366 per sqft, 5% above the AED 1,296 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 25 October 2023, is AED 104,500 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4305 over time

Sales
Unit 4305, 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 2009: AED 1,840,784 (AED 1,462 per sqft)Sold, February 2014: AED 1,701,104 (AED 1,351 per sqft)Sold, March 2014: AED 1,720,000 (AED 1,366 per sqft)

4305 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4305, 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, October 2013: AED 60,000 a yearNew contract, October 2014: AED 155,000 a yearNew contract, November 2015: AED 135,000 a yearNew contract, January 2020: AED 75,000 a yearNew contract, October 2021: AED 70,000 a yearNew contract, October 2022: AED 95,000 a yearRenewal, October 2023: AED 104,500 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 4305 sits

All 393 2-beds →

4305 last sold in March 2014 at AED 1,366 per sqft, 5% above what two-beds in Torch Tower were fetching at the time (AED 1,296). 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. 4305's AED 104,500 is in the lower 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
43012-bedAED 1.15M · Nov 2021
43022-bedAED 1.33M · Jan 2023
43032-bedAED 1.6M · Nov 2023
43042-bedAED 876K · Sep 2020
43062-bedAED 2.05M · Aug 2015
43072-bedAED 1.05M · Jul 2019
43082-bedAED 1.23M · Jul 2012

4305, Torch Tower in numbers

  • Sold 3 times: first on 26 April 2009 for AED 1,840,784, last on 23 March 2014 for AED 1,720,000 (AED 1,366 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 60,000 to AED 104,500 a year.
  • At AED 104,500 a year the gross yield on the 2014 price is 6.1%, 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 25 October 2023.

Questions about 4305, Torch Tower

What did unit 4305 last sell for?

AED 1,720,000 on 23 March 2014: AED 1,366 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,840,784 in April 2009.

What is the rent for unit 4305?

AED 104,500 a year on the contract renewed on 25 October 2023. The previous contract, from October 2022, was AED 95,000; the unit has been rented since October 2013.

How big is unit 4305?

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 4305 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 4305, Torch Tower

Starts from the last sale price (AED 1.72M, 23 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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