2-bed · 1,258 sqftTorch Tower, Dubai Marina · 58th floor · completed 2011

5802, Torch Tower

Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5802 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 1.27M14 November 2012
Current rentAED 140K /yr23 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5802, Torch Tower

What is 5802 worth today?

Last sold for AED 1,269,492 in 2012

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23 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 111 per sqft
10 May 2019RentedRenewal
AED 90,000/yr12 months · AED 71 per sqft
10 May 2018RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
1 Feb 2014RentedNew contract
AED 156,000/yr12 months · AED 124 per sqft
14 Nov 2012Sold by developerReady
AED 1,269,492AED 1,008 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
58th of 84
Parking
B3-67
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.27M · November 2012
Building
Torch Tower

About 5802, Torch Tower

5802 is a two-bedroom apartment of 1,258 sqft on the 58th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 14 November 2012 for AED 1,269,492, or AED 1,008 per sqft, 9% above the AED 926 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 23 September 2024, is AED 140,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 26,700 a year.

Sales and rents for 5802 over time

Sales
Unit 5802, 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, November 2012: AED 1,269,492 (AED 1,008 per sqft)

5802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5802, 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, February 2014: AED 156,000 a yearNew contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 90,000 a yearNew contract, September 2024: AED 140,000 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 5802 sits

All 393 2-beds →

5802 last sold in November 2012 at AED 1,008 per sqft, 9% above what two-beds in Torch Tower were fetching at the time (AED 926). 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. 5802's AED 140,000 is in the upper 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 58th floor

All 675 units in Torch Tower
Value
58012-bedAED 1.29M · Jul 2019
58032-bedAED 2.45M · Jul 2025
58042-bedAED 625K · Oct 2021
58052-bedAED 2.3M · Dec 2025
58062-bedAED 1.31M · Feb 2012
58072-bedAED 1.76M · Jun 2024
58082-bedAED 1.95M · Jul 2024

5802, Torch Tower in numbers

  • Sold once: by Torch Select on 14 November 2012 for AED 1,269,492, or AED 1,008 per sqft.
  • Rented since February 2014 on 4 Ejari contracts. The rent fell from AED 156,000 to AED 90,000 in 2019 and recovered to AED 140,000 by September 2024.
  • At AED 140,000 a year the gross yield on the 2012 price is 11.0%, 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 23 September 2024.

Questions about 5802, Torch Tower

What did unit 5802 last sell for?

AED 1,269,492 on 14 November 2012, sold by the developer: AED 1,008 per sqft for 1,258 sqft. It is the only registered sale of the unit.

What is the rent for unit 5802?

AED 140,000 a year on the contract signed on 23 September 2024. The previous contract, from May 2019, was AED 90,000; the unit has been rented since February 2014.

How big is unit 5802?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 58th floor of a 84-storey tower completed in 2011.

What is unit 5802 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 5802, Torch Tower

Starts from the last sale price (AED 1.27M, 14 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,269,492
Deposit, UAE resident (20%)
AED 253,898
Deposit, non-resident (40%)
AED 507,797
Monthly over 25 years at 3.7%
AED 5,194

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