2-bed · 1,258 sqftTorch Tower, Dubai Marina · 65th floor · completed 2011

6502, Torch Tower

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6502 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 975K4 December 2011
Current rentAED 115K /yr25 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6502, Torch Tower

What is 6502 worth today?

Last sold for AED 975,000 in 2011

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25 Dec 2023RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
1 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 48 per sqft
1 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 40 per sqft
1 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 40 per sqft
20 Jul 2018RentedNew contract
AED 78,000/yr12 months · AED 62 per sqft
10 Apr 2017RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
28 Mar 2016RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
1 Mar 2014RentedNew contract
AED 123,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 25 December 2023.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
65th of 84
Parking
B2-33
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 975K · December 2011
Building
Torch Tower

About 6502, Torch Tower

6502 is a two-bedroom apartment of 1,258 sqft on the 65th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 4 December 2011 for AED 975,000, or AED 774 per sqft, 15% below the AED 914 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 25 December 2023, is AED 115,000 a year: a gross yield of 11.8% on the 2011 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6502 over time

Sales
Unit 6502, 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 2011: AED 1,150,919 (AED 914 per sqft)Sold, December 2011: AED 975,000 (AED 774 per sqft)

6502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6502, each contractTypical two-bed in Torch Tower
50K100K2012201620202024Typical 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, January 2013: AED 105,000 a yearNew contract, March 2014: AED 123,000 a yearNew contract, March 2016: AED 120,000 a yearNew contract, April 2017: AED 110,000 a yearNew contract, July 2018: AED 78,000 a yearNew contract, November 2020: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearRenewal, November 2022: AED 60,000 a yearNew contract, December 2023: AED 115,000 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 6502 sits

All 393 2-beds →

6502 last sold in December 2011 at AED 774 per sqft, 15% below what two-beds in Torch Tower were fetching at the time (AED 914). 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. 6502's AED 115,000 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 65th floor

All 675 units in Torch Tower
Value
65012-bedAED 1.15M · Jul 2012
65032-bedAED 950K · Nov 2011
65042-bedAED 1.88M · Jan 2014
65052-bedAED 1.39M · Jun 2023
65062-bedAED 1.65M · Dec 2024
65072-bedAED 1.49M · Apr 2013
65082-bedAED 950K · Nov 2011

6502, Torch Tower in numbers

  • Sold twice: first on 9 November 2011 for AED 1,150,919, last on 4 December 2011 for AED 975,000 (AED 774 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 50,000 in 2021 and recovered to AED 115,000 by December 2023.
  • At AED 115,000 a year the gross yield on the 2011 price is 11.8%, 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 25 December 2023.

Questions about 6502, Torch Tower

What did unit 6502 last sell for?

AED 975,000 on 4 December 2011: AED 774 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,150,919 in November 2011.

What is the rent for unit 6502?

AED 115,000 a year on the contract signed on 25 December 2023. The previous contract, from November 2022, was AED 60,000; the unit has been rented since January 2013.

How big is unit 6502?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 65th floor of a 84-storey tower completed in 2011.

What is unit 6502 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 6502, Torch Tower

Starts from the last sale price (AED 975K, 4 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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