5406, Torch Tower
Sold prices and rental history: sold 6 times, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5406, Torch Tower
What is 5406 worth today?
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Source: Dubai Land Department. Updated 27 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 54th of 84
- Parking
- B3-47
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.85M · November 2024
- Building
- Torch Tower
About 5406, Torch Tower
5406 is a two-bedroom apartment of 1,258 sqft on the 54th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 27 November 2024 for AED 1,850,000, or AED 1,470 per sqft, 12% above the AED 1,315 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 9 May 2024, is AED 150,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 26,700 a year.
Sales and rents for 5406 over time
5406 has sold 6 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 5406 sits
All 393 2-beds →5406 last sold in November 2024 at AED 1,470 per sqft, 12% above what two-beds in Torch Tower were fetching at the time (AED 1,315). 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. 5406's AED 150,000 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 54th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 2-bed | 1,258 sqft | AED 1.2MAED 1,200,000 · Feb 2012February 2012 | 125,000 /yr | |
| 5402 | 2-bed | 1,258 sqft | AED 1.13MAED 1,128,146 · Dec 2012December 2012 | 95,000 /yr | |
| 5403 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 96,800 /yr | |
| 5404 | 2-bed | 1,258 sqft | AED 1.06MAED 1,055,000 · May 2021May 2021 | ||
| 5405 | 2-bed | 1,258 sqft | AED 1.05MAED 1,050,000 · Mar 2022March 2022 | 116,058 /yr | |
| 5407 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 105,000 /yr | |
| 5408 | 2-bed | 1,258 sqft | AED 1.15MAED 1,150,919 · Apr 2012April 2012 | 108,000 /yr |
5406, Torch Tower in numbers
- Sold 6 times: first on 1 March 2009 for AED 1,294,938, last on 27 November 2024 for AED 1,850,000 (AED 1,470 per sqft).
- Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 88,000 in 2019 and recovered to AED 150,000 by May 2024.
- At AED 150,000 a year the gross yield on the 2024 price is 8.1%, 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 27 November 2024.
Questions about 5406, Torch Tower
What did unit 5406 last sell for?
AED 1,850,000 on 27 November 2024: AED 1,470 per sqft for 1,258 sqft. The unit has 6 registered sales; the first was AED 1,294,938 in March 2009.
What is the rent for unit 5406?
AED 150,000 a year on the contract signed on 9 May 2024. The previous contract, from April 2023, was AED 93,500; the unit has been rented since August 2016.
How big is unit 5406?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 54th floor of a 84-storey tower completed in 2011.
What is unit 5406 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 5406, Torch Tower
Starts from the last sale price (AED 1.85M, 27 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →