3-bed · 1,717 sqftTorch Tower, Dubai Marina · 74th floor · completed 2011

7404, Torch Tower

Sold prices and rental history: sold 4 times, last in July 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7404 · DLD and Ejari recordsUpdated 20 September 2021
Last soldAED 1.2M22 July 2020
Current rentAED 110K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7404, Torch Tower

What is 7404 worth today?

Last sold for AED 1,200,000 in 2020

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20 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 64 per sqft
20 Sep 2020RentedNew contract
AED 95,000/yr12 months · AED 55 per sqft
22 Jul 2020SoldReady
AED 1,200,000AED 698 per sqft
2 Mar 2016SoldReady
AED 1,900,000AED 1,106 per sqft
21 Jul 2014RentedRenewal
AED 165,000/yr12 months · AED 96 per sqft
21 Jul 2013RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
26 Feb 2012SoldReady
AED 1,998,605AED 1,163 per sqft
8 Dec 2009Sold by developerOff-plan
AED 1,998,605AED 1,163 per sqft

Source: Dubai Land Department. Updated 20 September 2021.

Key facts

Type
3-bed apartment
Size
1,717 sqft
Floor
74th of 84
Parking
B1-15
Developer
Torch Select
Completed
2011
Service charge
AED 36,400 /yr
Last sold
AED 1.2M · July 2020
Building
Torch Tower

About 7404, Torch Tower

7404 is a three-bedroom apartment of 1,717 sqft on the 74th floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 22 July 2020 for AED 1,200,000, or AED 698 per sqft, in line with the AED 698 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 20 September 2021, is AED 110,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 36,400 a year.

Sales and rents for 7404 over time

Sales
Unit 7404, each saleTypical three-bed in Torch Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,624,832; 2011 AED 2,519,332; 2012 AED 2,184,736; 2013 AED 2,462,500; 2014 AED 2,785,091; 2019 AED 1,304,750; 2020 AED 1,235,000; 2022 AED 1,800,000; 2023 AED 2,245,000; 2024 AED 3,482,500; 2025 AED 4,700,000Sold by developer, December 2009: AED 1,998,605 (AED 1,163 per sqft)Sold, February 2012: AED 1,998,605 (AED 1,163 per sqft)Sold, March 2016: AED 1,900,000 (AED 1,106 per sqft)Sold, July 2020: AED 1,200,000 (AED 698 per sqft)

7404 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7404, each contractTypical three-bed in Torch Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 170,000; 2014 AED 177,500; 2015 AED 191,000; 2016 AED 165,000; 2017 AED 165,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 95,000; 2022 AED 130,000; 2023 AED 152,500; 2024 AED 160,000; 2025 AED 159,000New contract, July 2013: AED 150,000 a yearRenewal, July 2014: AED 165,000 a yearNew contract, September 2020: AED 95,000 a yearRenewal, September 2021: AED 110,000 a year

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 7404 sits

All 48 3-beds →

7404 last sold in July 2020 at AED 698 per sqft, in line with what three-beds in Torch Tower were fetching at the time (AED 698). 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. 7404's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Feb 20262,750,000
26 Jan 20262,750,000
21 Jul 20254,700,000
21 Apr 20253,050,000
2 3-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. 14 sold in the last 12 months.

Typical price per sqft
AED 1,548 Up 14.0%
Typical sale
AED 1.89M
Typical rent
AED 110K /yr
Typical yield
6.3%
Torch Tower, Dubai Marina: prices, sales and rents →

Other units on the 74th floor

All 675 units in Torch Tower
Value
74013-bedAED 2.75M · Jan 2026
7402AED 4.1M · Oct 2025
74033-bedAED 1.9M · Mar 2023
74051-bedAED 1.3M · Apr 2009
74061-bedAED 1.48M · Dec 2025
74071-bedAED 1.36M · May 2014
74081-bedAED 1.05M · Mar 2023

7404, Torch Tower in numbers

  • Sold 4 times: first on 8 December 2009 for AED 1,998,605, last on 22 July 2020 for AED 1,200,000 (AED 698 per sqft).
  • Rented since July 2013 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 95,000 in 2020 and recovered to AED 110,000 by September 2021.
  • At AED 110,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 36,400 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 1,548 per sqft.

Source: Dubai Land Department. Updated 20 September 2021.

Questions about 7404, Torch Tower

What did unit 7404 last sell for?

AED 1,200,000 on 22 July 2020: AED 698 per sqft for 1,717 sqft. The unit has 4 registered sales; the first was AED 1,998,605 in December 2009.

What is the rent for unit 7404?

AED 110,000 a year on the contract renewed on 20 September 2021. The previous contract, from September 2020, was AED 95,000; the unit has been rented since July 2013.

How big is unit 7404?

1,717 sqft (159.5 sqm): a three-bedroom apartment on the 74th floor of a 84-storey tower completed in 2011.

What is unit 7404 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 7404, Torch Tower

Starts from the last sale price (AED 1.2M, 22 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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