5304, Torch Tower
Sold prices and rental history: sold 5 times, last in March 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 5304, Torch Tower
What is 5304 worth today?
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Source: Dubai Land Department. Updated 15 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 53rd of 84
- Parking
- B3-37
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.2M · March 2022
- Building
- Torch Tower
About 5304, Torch Tower
5304 is a two-bedroom apartment of 1,258 sqft on the 53rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 15 March 2022 for AED 1,200,000, or AED 953 per sqft, 19% above the AED 798 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 October 2016, is AED 125,237 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5304 over time
5304 has sold 5 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 5304 sits
All 393 2-beds →5304 last sold in March 2022 at AED 953 per sqft, 19% above what two-beds in Torch Tower were fetching at the time (AED 798). 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. 5304's AED 125,237 is in the lower 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 53rd floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 2-bed | 1,258 sqft | AED 1.8MAED 1,800,000 · Apr 2024April 2024 | 87,000 /yr | |
| 5302 | 2-bed | 1,258 sqft | AED 1.65MAED 1,650,000 · May 2025May 2025 | 189,491 /yr | |
| 5303 | 2-bed | 1,258 sqft | AED 1.14MAED 1,143,000 · Apr 2012April 2012 | 78,000 /yr | |
| 5305 | 2-bed | 1,258 sqft | AED 1.84MAED 1,844,796 · May 2009May 2009 | 110,000 /yr | |
| 5306 | 2-bed | 1,258 sqft | AED 1.29MAED 1,290,000 · Dec 2022December 2022 | 60,000 /yr | |
| 5307 | 2-bed | 1,258 sqft | AED 2MAED 2,000,000 · May 2025May 2025 | 65,000 /yr | |
| 5308 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 55,000 /yr |
5304, Torch Tower in numbers
- Sold 5 times: first on 13 May 2009 for AED 1,812,659, last on 15 March 2022 for AED 1,200,000 (AED 953 per sqft).
- Rented since August 2013 on 4 Ejari contracts, from AED 70,000 to AED 125,237 a year.
- At AED 125,237 a year the gross yield on the 2022 price is 10.4%, 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 15 March 2022.
Questions about 5304, Torch Tower
What did unit 5304 last sell for?
AED 1,200,000 on 15 March 2022: AED 953 per sqft for 1,258 sqft. The unit has 5 registered sales; the first was AED 1,812,659 in May 2009.
What is the rent for unit 5304?
AED 125,237 a year on the contract renewed on 1 October 2016. The previous contract, from October 2015, was AED 126,000; the unit has been rented since August 2013.
How big is unit 5304?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 53rd floor of a 84-storey tower completed in 2011.
What is unit 5304 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 5304, Torch Tower
Starts from the last sale price (AED 1.2M, 15 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →