7306, Torch Tower
Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7306, Torch Tower
What is 7306 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 73rd of 84
- Parking
- B1-9
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 17,100 /yr
- Last sold
- AED 1.28M · September 2009
- Building
- Torch Tower
About 7306, Torch Tower
7306 is a one-bedroom apartment of 808 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 30 September 2009 for AED 1,281,172, or AED 1,585 per sqft, 35% above the AED 1,171 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 April 2024, is AED 75,000 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 17,100 a year.
Sales and rents for 7306 over time
7306 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Torch Tower, and where 7306 sits
All 210 1-beds →7306 last sold in September 2009 at AED 1,585 per sqft, 35% above what one-beds in Torch Tower were fetching at the time (AED 1,171). Over the last 12 months one-beds sold for AED 175,586 to 1,475,000, around AED 1,722 per sqft, and rent for AED 67,861 to 110,000 a year. 7306's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 102 sqft | 175,586 | 1,722 | ||
| 6 Jan 20266 January 2026 | 978 sqft | 1,425,000 | 1,456 | ||
| 22 Dec 202522 December 2025 | 808 sqft | 1,475,000 | 1,824 | ||
| 25 Jul 202525 July 2025 | 808 sqft | 1,600,000 | 1,979 |
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 | |||||
|---|---|---|---|---|---|
| 7301 | 3-bed | 1,713 sqft | AED 2.69MAED 2,692,794 · May 2009May 2009 | 165,000 /yr | |
| 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 | |
| 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 |
7306, Torch Tower in numbers
- Sold once: by Torch Select on 30 September 2009 for AED 1,281,172, or AED 1,585 per sqft.
- Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 75,000 by April 2024.
- At AED 75,000 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 17,100 a year (AED 21.19 per sqft).
- One-beds in Torch Tower sold for AED 175,586–1,475,000 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 1 April 2024.
Questions about 7306, Torch Tower
What did unit 7306 last sell for?
AED 1,281,172 on 30 September 2009, sold by the developer: AED 1,585 per sqft for 808 sqft. It is the only registered sale of the unit.
What is the rent for unit 7306?
AED 75,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2023, was AED 63,250; the unit has been rented since June 2016.
How big is unit 7306?
808 sqft (75.1 sqm): a one-bedroom apartment on the 73rd floor of a 84-storey tower completed in 2011.
What is unit 7306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Torch Tower sold for AED 175,586 to 1,475,000 in the last 12 months, around AED 1,722 per sqft.
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Mortgage on 7306, Torch Tower
Starts from the last sale price (AED 1.28M, 30 September 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,281,172
- Deposit, UAE resident (20%)
- AED 256,234
- Deposit, non-resident (40%)
- AED 512,469
- Monthly over 25 years at 3.7%
- AED 5,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →