7001, Torch Tower
Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7001, Torch Tower
What is 7001 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,713 sqft
- Floor
- 70th of 84
- Parking
- B2-72
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,300 /yr
- Last sold
- AED 2.79M · May 2014
- Building
- Torch Tower
About 7001, Torch Tower
7001 is a three-bedroom apartment of 1,713 sqft on the 70th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 29 May 2014 for AED 2,785,091, or AED 1,626 per sqft, 17% above the AED 1,384 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 180,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 36,300 a year.
Sales and rents for 7001 over time
7001 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Torch Tower, and where 7001 sits
All 48 3-beds →7001 last sold in May 2014 at AED 1,626 per sqft, 17% above what three-beds in Torch Tower were fetching at the time (AED 1,384). Over the last 12 months three-beds sold for AED 2,750,000, around AED 1,605 per sqft, and rent for AED 149,178 to 160,000 a year. 7001's AED 180,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,713 sqft | 2,750,000 | 1,605 | ||
| 26 Jan 202626 January 2026 | 1,713 sqft | 2,750,000 | 1,605 | ||
| 21 Jul 202521 July 2025 | 4,033 sqft | 4,700,000 | 1,165 | ||
| 21 Apr 202521 April 2025 | 1,713 sqft | 3,050,000 | 1,780 |
Torch Tower
Building675 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%
Other units on the 70th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7002 | 3-bed | 1,717 sqft | AED 2.53MAED 2,525,000 · Oct 2013October 2013 | ||
| 7003 | 3-bed | 1,713 sqft | AED 1.65MAED 1,650,000 · Oct 2022October 2022 | 130,000 /yr | |
| 7004 | 3-bed | 1,717 sqft | AED 1.8MAED 1,800,000 · Nov 2022November 2022 | 115,000 /yr | |
| 7005 | 1-bed | 808 sqft | AED 1.35MAED 1,350,000 · Dec 2024December 2024 | 82,463 /yr | |
| 7006 | 1-bed | 808 sqft | AED 1.33MAED 1,328,000 · Jul 2014July 2014 | 95,000 /yr | |
| 7007 | 1-bed | 808 sqft | AED 1.43MAED 1,425,000 · Nov 2013November 2013 | 80,000 /yr | |
| 7008 | 1-bed | 808 sqft | AED 1.28MAED 1,279,387 · May 2009May 2009 | 90,000 /yr |
7001, Torch Tower in numbers
- Sold 3 times: first on 9 August 2009 for AED 2,863,823, last on 29 May 2014 for AED 2,785,091 (AED 1,626 per sqft).
- Rented since August 2013 on 4 Ejari contracts, from AED 126,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 36,300 a year (AED 21.19 per sqft).
- Three-beds in Torch Tower sold for AED 2,750,000–2,750,000 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 16 October 2024.
Questions about 7001, Torch Tower
What did unit 7001 last sell for?
AED 2,785,091 on 29 May 2014: AED 1,626 per sqft for 1,713 sqft. The unit has 3 registered sales; the first was AED 2,863,823 in August 2009.
What is the rent for unit 7001?
AED 180,000 a year on the contract renewed on 16 October 2024. The previous contract, from October 2023, was AED 180,000; the unit has been rented since August 2013.
How big is unit 7001?
1,713 sqft (159.1 sqm): a three-bedroom apartment on the 70th floor of a 84-storey tower completed in 2011.
What is unit 7001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Torch Tower sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 1,605 per sqft.
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Mortgage on 7001, Torch Tower
Starts from the last sale price (AED 2.79M, 29 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,785,091
- Deposit, UAE resident (20%)
- AED 557,018
- Deposit, non-resident (40%)
- AED 1,114,036
- Monthly over 25 years at 3.7%
- AED 11,395
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →