5005, Torch Tower
Sold prices and rental history: sold 4 times, last in May 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 5005, Torch Tower
What is 5005 worth today?
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Source: Dubai Land Department. Updated 20 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 50th of 84
- Parking
- B3-14
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.25M · May 2022
- Building
- Torch Tower
About 5005, Torch Tower
5005 is a two-bedroom apartment of 1,258 sqft on the 50th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 30 May 2022 for AED 1,250,000, or AED 993 per sqft, 16% above the AED 859 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 March 2024, is AED 135,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5005 over time
5005 has sold 4 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 5005 sits
All 393 2-beds →5005 last sold in May 2022 at AED 993 per sqft, 16% above what two-beds in Torch Tower were fetching at the time (AED 859). 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. 5005's AED 135,000 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 50th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 2-bed | 1,258 sqft | AED 1.71MAED 1,707,804 · Mar 2009March 2009 | 119,713 /yr | |
| 5002 | 2-bed | 1,258 sqft | AED 1.6MAED 1,600,000 · Nov 2024November 2024 | 92,575 /yr | |
| 5003 | 2-bed | 1,258 sqft | AED 1.57MAED 1,570,000 · Jan 2025January 2025 | 90,000 /yr | |
| 5004 | 2-bed | 1,258 sqft | AED 1.4MAED 1,400,000 · May 2016May 2016 | 135,000 /yr | |
| 5006 | 2-bed | 1,258 sqft | AED 1.45MAED 1,450,000 · Sep 2023September 2023 | 150,000 /yr | |
| 5007 | 2-bed | 1,258 sqft | AED 1.12MAED 1,118,187 · Oct 2012October 2012 | 130,000 /yr | |
| 5008 | 2-bed | 1,258 sqft | AED 1.28MAED 1,280,000 · Jun 2017June 2017 | 126,000 /yr |
5005, Torch Tower in numbers
- Sold 4 times: first on 10 August 2009 for AED 1,966,950, last on 30 May 2022 for AED 1,250,000 (AED 993 per sqft).
- Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 56,000 in 2020 and recovered to AED 135,000 by March 2024.
- At AED 135,000 a year the gross yield on the 2022 price is 10.8%, 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 20 March 2024.
Questions about 5005, Torch Tower
What did unit 5005 last sell for?
AED 1,250,000 on 30 May 2022: AED 993 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,966,950 in August 2009.
What is the rent for unit 5005?
AED 135,000 a year on the contract signed on 20 March 2024. The previous contract, from February 2023, was AED 110,000; the unit has been rented since November 2013.
How big is unit 5005?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 50th floor of a 84-storey tower completed in 2011.
What is unit 5005 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 5005, Torch Tower
Starts from the last sale price (AED 1.25M, 30 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →