2-bed · 1,258 sqftTorch Tower, Dubai Marina · 49th floor · completed 2011

4908, Torch Tower

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4908 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 1.6M31 May 2024
Current rentAED 110K /yr26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4908, Torch Tower

What is 4908 worth today?

Last sold for AED 1,600,000 in 2024

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26 Jun 2024RentedNew contract
AED 110,250/yr12 months · AED 88 per sqft
31 May 2024SoldReady
AED 1,600,000AED 1,271 per sqft
26 Mar 2024RentedRenewal
AED 110,250/yr12 months · AED 88 per sqft
26 Mar 2023RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
22 Mar 2022RentedRenewal
AED 75,000/yr12 months · AED 60 per sqft
3 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
1 Oct 2018RentedNew contract
AED 81,600/yr12 months · AED 65 per sqft
1 Sep 2014RentedNew contract
AED 126,500/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
49th of 84
Parking
B3-9
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.6M · May 2024
Building
Torch Tower

About 4908, Torch Tower

4908 is a two-bedroom apartment of 1,258 sqft on the 49th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 31 May 2024 for AED 1,600,000, or AED 1,271 per sqft, 3% above the AED 1,231 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 26 June 2024, is AED 110,250 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 26,700 a year.

Sales and rents for 4908 over time

Sales
Unit 4908, 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 2010: AED 1,143,000 (AED 908 per sqft)Sold, December 2012: AED 1,143,000 (AED 908 per sqft)Sold, February 2013: AED 1,450,000 (AED 1,152 per sqft)Sold, May 2024: AED 1,600,000 (AED 1,271 per sqft)

4908 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4908, each contractTypical two-bed in Torch Tower
100K2012201620202024Typical 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, September 2013: AED 115,000 a yearNew contract, September 2014: AED 126,500 a yearNew contract, October 2018: AED 81,600 a yearNew contract, October 2019: AED 75,000 a yearRenewal, March 2022: AED 75,000 a yearNew contract, March 2023: AED 105,000 a yearRenewal, March 2024: AED 110,250 a yearNew contract, June 2024: AED 110,250 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 4908 sits

All 393 2-beds →

4908 last sold in May 2024 at AED 1,271 per sqft, 3% above what two-beds in Torch Tower were fetching at the time (AED 1,231). 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. 4908's AED 110,250 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 49th floor

All 675 units in Torch Tower
Value
49012-bedAED 1.15M · Nov 2017
49022-bedAED 2.1M · Jul 2025
49032-bedAED 930K · Jul 2019
49042-bedAED 1.67M · Dec 2024
49052-bedAED 1.45M · May 2024
49062-bedAED 1.66M · Oct 2015
49072-bedAED 1.55M · Mar 2023

4908, Torch Tower in numbers

  • Sold 4 times: first on 6 April 2010 for AED 1,143,000, last on 31 May 2024 for AED 1,600,000 (AED 1,271 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2022 and recovered to AED 110,250 by June 2024.
  • At AED 110,250 a year the gross yield on the 2024 price is 6.9%, 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 26 June 2024.

Questions about 4908, Torch Tower

What did unit 4908 last sell for?

AED 1,600,000 on 31 May 2024: AED 1,271 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,143,000 in April 2010.

What is the rent for unit 4908?

AED 110,250 a year on the contract signed on 26 June 2024. The previous contract, from March 2024, was AED 110,250; the unit has been rented since September 2013.

How big is unit 4908?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 49th floor of a 84-storey tower completed in 2011.

What is unit 4908 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 4908, Torch Tower

Starts from the last sale price (AED 1.6M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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