2-bed · 1,258 sqftTorch Tower, Dubai Marina · 62nd floor · completed 2011

6201, Torch Tower

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

Unit 6201 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 1.6M4 July 2024
Current rentAED 93K /yr12 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6201, Torch Tower

What is 6201 worth today?

Last sold for AED 1,600,000 in 2024

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4 Jul 2024SoldReady
AED 1,600,000AED 1,271 per sqft
12 Jan 2019RentedNew contract
AED 93,000/yr12 months · AED 74 per sqft
5 Mar 2014SoldReady
AED 1,765,000AED 1,402 per sqft
4 Feb 2014SoldReady
AED 1,622,209AED 1,289 per sqft
24 Nov 2013RentedNew contract
AED 89,513/yr8 months · AED 71 per sqft
20 May 2009Sold by developerOff-plan
AED 1,765,179AED 1,402 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
62nd of 84
Parking
B2-8
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.6M · July 2024
Building
Torch Tower

About 6201, Torch Tower

6201 is a two-bedroom apartment of 1,258 sqft on the 62nd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 4 July 2024 for AED 1,600,000, or AED 1,271 per sqft, in line with the AED 1,271 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 12 January 2019, is AED 93,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6201 over time

Sales
Unit 6201, 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, May 2009: AED 1,765,179 (AED 1,402 per sqft)Sold, February 2014: AED 1,622,209 (AED 1,289 per sqft)Sold, March 2014: AED 1,765,000 (AED 1,402 per sqft)Sold, July 2024: AED 1,600,000 (AED 1,271 per sqft)

6201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6201, 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, November 2013: AED 89,513 a yearNew contract, January 2019: AED 93,000 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 6201 sits

All 393 2-beds →

6201 last sold in July 2024 at AED 1,271 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 1,271). 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. 6201's AED 93,000 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 62nd floor

All 675 units in Torch Tower
Value
62022-bedAED 1.32M · Dec 2012
62032-bedAED 1.87M · May 2009
62042-bedAED 1.65M · Feb 2014
62052-bedAED 2.12M · Feb 2015
62062-bedAED 1.5M · Mar 2024
62072-bedAED 2.05M · Nov 2024
62082-bedAED 975K · Nov 2011

6201, Torch Tower in numbers

  • Sold 4 times: first on 20 May 2009 for AED 1,765,179, last on 4 July 2024 for AED 1,600,000 (AED 1,271 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 89,513 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2024 price is 5.8%, 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 4 July 2024.

Questions about 6201, Torch Tower

What did unit 6201 last sell for?

AED 1,600,000 on 4 July 2024: AED 1,271 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,765,179 in May 2009.

What is the rent for unit 6201?

AED 93,000 a year on the contract signed on 12 January 2019. The previous contract, from November 2013, was AED 89,513.

How big is unit 6201?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 62nd floor of a 84-storey tower completed in 2011.

What is unit 6201 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 6201, Torch Tower

Starts from the last sale price (AED 1.6M, 4 July 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 →