2-bed · 1,258 sqftTorch Tower, Dubai Marina · 69th floor · completed 2011

6902, Torch Tower

Sold prices and rental history: sold 3 times, last in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6902 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 1.18M28 March 2012
Current rentAED 154K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6902, Torch Tower

What is 6902 worth today?

Last sold for AED 1,175,324 in 2012

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5 Apr 2024RentedNew contract
AED 154,000/yr12 months · AED 122 per sqft
1 Dec 2022RentedRenewal
AED 69,600/yr12 months · AED 55 per sqft
1 Dec 2021RentedRenewal
AED 58,000/yr12 months · AED 46 per sqft
1 Dec 2020RentedNew contract
AED 50,000/yr12 months · AED 40 per sqft
18 Aug 2019RentedRenewal
AED 84,000/yr12 months · AED 67 per sqft
18 Aug 2018RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
7 Jul 2017RentedRenewal
AED 125,000/yr12 months · AED 99 per sqft
7 Jul 2015RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
69th of 84
Parking
B2-65
Developer
Torch Select
Completed
2011
Service charge
AED 26,700 /yr
Last sold
AED 1.18M · March 2012
Building
Torch Tower

About 6902, Torch Tower

6902 is a two-bedroom apartment of 1,258 sqft on the 69th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 28 March 2012 for AED 1,175,324, or AED 933 per sqft, in line with the AED 928 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 5 April 2024, is AED 154,000 a year: a gross yield of 13.1% on the 2012 price, before the service charge of about AED 26,700 a year.

Sales and rents for 6902 over time

Sales
Unit 6902, 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 1,856,284 (AED 1,475 per sqft)Sold, March 2012: AED 1,175,324 (AED 933 per sqft)Sold, March 2012: AED 1,593,982 (AED 1,266 per sqft)

6902 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6902, 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, April 2013: AED 115,000 a yearRenewal, December 2014: AED 132,000 a yearNew contract, July 2015: AED 120,000 a yearRenewal, July 2017: AED 125,000 a yearNew contract, August 2018: AED 80,000 a yearRenewal, August 2019: AED 84,000 a yearNew contract, December 2020: AED 50,000 a yearRenewal, December 2021: AED 58,000 a yearRenewal, December 2022: AED 69,600 a yearNew contract, April 2024: AED 154,000 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 6902 sits

All 393 2-beds →

6902 last sold in March 2012 at AED 933 per sqft, in line with what two-beds in Torch Tower were fetching at the time (AED 928). 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. 6902's AED 154,000 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 69th floor

All 675 units in Torch Tower
Value
69012-bedAED 1.86M · May 2009
69032-bedAED 1.29M · Feb 2013
69042-bedAED 1.38M · Apr 2012
69052-bedAED 1.41M · Apr 2012
69062-bedAED 1.43M · Feb 2012
69072-bedAED 1.93M · Apr 2009
69082-bedAED 2.2M · Jun 2014

6902, Torch Tower in numbers

  • Sold 3 times: first on 20 May 2009 for AED 1,856,284, last on 28 March 2012 for AED 1,175,324 (AED 933 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 50,000 in 2020 and recovered to AED 154,000 by April 2024.
  • At AED 154,000 a year the gross yield on the 2012 price is 13.1%, 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 5 April 2024.

Questions about 6902, Torch Tower

What did unit 6902 last sell for?

AED 1,175,324 on 28 March 2012: AED 933 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,856,284 in May 2009.

What is the rent for unit 6902?

AED 154,000 a year on the contract signed on 5 April 2024. The previous contract, from December 2022, was AED 69,600; the unit has been rented since April 2013.

How big is unit 6902?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 69th floor of a 84-storey tower completed in 2011.

What is unit 6902 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 6902, Torch Tower

Starts from the last sale price (AED 1.18M, 28 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,324
Deposit, UAE resident (20%)
AED 235,065
Deposit, non-resident (40%)
AED 470,130
Monthly over 25 years at 3.7%
AED 4,809

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