7301, Torch Tower
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7301, Torch Tower
What is 7301 worth today?
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Source: Dubai Land Department. Updated 3 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,713 sqft
- Floor
- 73rd of 84
- Parking
- B1-6
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 36,300 /yr
- Last sold
- AED 2.69M · May 2009
- Building
- Torch Tower
About 7301, Torch Tower
7301 is a three-bedroom apartment of 1,713 sqft on the 73rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. The developer sold it on 20 May 2009 for AED 2,692,794, or AED 1,572 per sqft, in line with the AED 1,540 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 3 December 2024, is AED 165,000 a year: a gross yield of 6.1% on the 2009 price, before the service charge of about AED 36,300 a year.
Sales and rents for 7301 over time
7301 has sold once; 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 7301 sits
All 48 3-beds →7301 last sold in May 2009 at AED 1,572 per sqft, in line with what three-beds in Torch Tower were fetching at the time (AED 1,540). 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. 7301's AED 165,000 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 73rd floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7302 | 3-bed | 1,717 sqft | AED 2.34MAED 2,340,000 · Apr 2014April 2014 | 165,000 /yr | |
| 7303 | 3-bed | 1,713 sqft | AED 2.65MAED 2,650,000 · Aug 2024August 2024 | 100,000 /yr | |
| 7304 | 3-bed | 1,717 sqft | AED 2.15MAED 2,150,000 · Jun 2023June 2023 | 145,000 /yr | |
| 7305 | 1-bed | 808 sqft | AED 1.33MAED 1,334,000 · May 2014May 2014 | 85,000 /yr | |
| 7306 | 1-bed | 808 sqft | AED 1.28MAED 1,281,172 · Sep 2009September 2009 | 75,000 /yr | |
| 7307 | 808 sqft | AED 1.55MAED 1,550,000 · Oct 2025October 2025 | 100,000 /yr | ||
| 7308 | 1-bed | 808 sqft | AED 1.33MAED 1,328,000 · Jun 2014June 2014 | 89,250 /yr |
7301, Torch Tower in numbers
- Sold once: by Torch Select on 20 May 2009 for AED 2,692,794, or AED 1,572 per sqft.
- Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 115,000 to AED 82,500 in 2020 and recovered to AED 165,000 by December 2024.
- At AED 165,000 a year the gross yield on the 2009 price is 6.1%, 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 3 December 2024.
Questions about 7301, Torch Tower
What did unit 7301 last sell for?
AED 2,692,794 on 20 May 2009, sold by the developer: AED 1,572 per sqft for 1,713 sqft. It is the only registered sale of the unit.
What is the rent for unit 7301?
AED 165,000 a year on the contract signed on 3 December 2024. The previous contract, from December 2022, was AED 145,000; the unit has been rented since September 2019.
How big is unit 7301?
1,713 sqft (159.1 sqm): a three-bedroom apartment on the 73rd floor of a 84-storey tower completed in 2011.
What is unit 7301 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 7301, Torch Tower
Starts from the last sale price (AED 2.69M, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,692,794
- Deposit, UAE resident (20%)
- AED 538,559
- Deposit, non-resident (40%)
- AED 1,077,118
- Monthly over 25 years at 3.7%
- AED 11,017
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →