2-bed · 1,258 sqftTorch Tower, Dubai Marina · 63rd floor · completed 2011

6306, Torch Tower

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

Unit 6306 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 1.57M27 November 2024
Current rentAED 130K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6306, Torch Tower

What is 6306 worth today?

Last sold for AED 1,565,000 in 2024

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27 Nov 2024SoldReady
AED 1,565,000AED 1,243 per sqft
27 Nov 2024RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
29 Jul 2014RentedNew contract
AED 160,000/yr12 months · AED 127 per sqft
24 Sep 2013RentedNew contract
AED 120,000/yr9 months · AED 95 per sqft
19 Dec 2011SoldReady
AED 1,190,000AED 945 per sqft
27 Oct 2011SoldReady
AED 1,000,000AED 794 per sqft
24 Oct 2011Sold by developerReady
AED 1,150,919AED 914 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
63rd of 84
Parking
B2-21
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.57M · November 2024
Building
Torch Tower

About 6306, Torch Tower

6306 is a two-bedroom apartment of 1,258 sqft on the 63rd 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 1,565,000, or AED 1,243 per sqft, 5% below the AED 1,315 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 27 November 2024, is AED 130,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6306 over time

Sales
Unit 6306, 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, October 2011: AED 1,000,000 (AED 794 per sqft)Sold by developer, October 2011: AED 1,150,919 (AED 914 per sqft)Sold, December 2011: AED 1,190,000 (AED 945 per sqft)Sold, November 2024: AED 1,565,000 (AED 1,243 per sqft)

6306 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6306, 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, September 2013: AED 120,000 a yearNew contract, July 2014: AED 160,000 a yearNew contract, November 2024: AED 130,000 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 6306 sits

All 393 2-beds →

6306 last sold in November 2024 at AED 1,243 per sqft, 5% below 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. 6306's AED 130,000 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 63rd floor

All 675 units in Torch Tower
Value
63012-bedAED 637K · Jul 2018
63022-bedAED 1.15M · Jul 2012
63032-bedAED 1.15M · Jul 2012
63042-bedAED 1.15M · Jul 2012
63052-bedAED 1.14M · Nov 2011
6307AED 2.5M · Aug 2025
63082-bedAED 1.31M · Jan 2023

6306, Torch Tower in numbers

  • Sold 4 times: first on 24 October 2011 for AED 1,150,919, last on 27 November 2024 for AED 1,565,000 (AED 1,243 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 8.3%, 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 6306, Torch Tower

What did unit 6306 last sell for?

AED 1,565,000 on 27 November 2024: AED 1,243 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,150,919 in October 2011.

What is the rent for unit 6306?

AED 130,000 a year on the contract signed on 27 November 2024. The previous contract, from July 2014, was AED 160,000; the unit has been rented since September 2013.

How big is unit 6306?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 63rd floor of a 84-storey tower completed in 2011.

What is unit 6306 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 6306, Torch Tower

Starts from the last sale price (AED 1.57M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,565,000
Deposit, UAE resident (20%)
AED 313,000
Deposit, non-resident (40%)
AED 626,000
Monthly over 25 years at 3.7%
AED 6,403

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