7407, 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 7407, Torch Tower
What is 7407 worth today?
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Source: Dubai Land Department. Updated 15 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 404 sqft
- Floor
- 74th of 84
- Parking
- B1-18
- Developer
- Torch Select
- Completed
- 2011
- Service charge
- AED 8,600 /yr
- Last sold
- AED 1.36M · May 2014
- Building
- Torch Tower
About 7407, Torch Tower
7407 is a one-bedroom apartment of 404 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 May 2014 for AED 1,363,000, or AED 1,686 per sqft, 22% above the AED 1,383 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 88,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 8,600 a year.
Sales and rents for 7407 over time
7407 has sold 3 times; 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 7407 sits
All 210 1-beds →7407 last sold in May 2014 at AED 1,686 per sqft, 22% above what one-beds in Torch Tower were fetching at the time (AED 1,383). 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. 7407's AED 88,000 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. 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%
Other units on the 74th floor
All 675 units in Torch Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7401 | 3-bed | 1,713 sqft | AED 2.75MAED 2,750,000 · Jan 2026January 2026 | 150,000 /yr | |
| 7402 | 1,717 sqft | AED 4.1MAED 4,100,000 · Oct 2025October 2025 | |||
| 7403 | 3-bed | 1,713 sqft | AED 1.9MAED 1,900,000 · Mar 2023March 2023 | 150,000 /yr | |
| 7404 | 3-bed | 1,717 sqft | AED 1.2MAED 1,200,000 · Jul 2020July 2020 | 110,000 /yr | |
| 7405 | 1-bed | 808 sqft | AED 1.3MAED 1,296,891 · Apr 2009April 2009 | 97,500 /yr | |
| 7406 | 1-bed | 808 sqft | AED 1.48MAED 1,475,000 · Dec 2025December 2025 | 90,000 /yr | |
| 7408 | 1-bed | 808 sqft | AED 1.05MAED 1,050,000 · Mar 2023March 2023 | 62,700 /yr |
7407, Torch Tower in numbers
- Sold 3 times: first on 30 September 2009 for AED 1,306,044, last on 22 May 2014 for AED 1,363,000 (AED 1,686 per sqft).
- Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 77,000 to AED 66,000 in 2021 and recovered to AED 88,000 by December 2023.
- At AED 88,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 8,600 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 1,548 per sqft.
Source: Dubai Land Department. Updated 15 December 2023.
Questions about 7407, Torch Tower
What did unit 7407 last sell for?
AED 1,363,000 on 22 May 2014: AED 1,686 per sqft for 404 sqft. The unit has 3 registered sales; the first was AED 1,306,044 in September 2009.
What is the rent for unit 7407?
AED 88,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2021, was AED 66,000; the unit has been rented since January 2013.
How big is unit 7407?
404 sqft (37.5 sqm): a one-bedroom apartment on the 74th floor of a 84-storey tower completed in 2011.
What is unit 7407 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 7407, Torch Tower
Starts from the last sale price (AED 1.36M, 22 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,363,000
- Deposit, UAE resident (20%)
- AED 272,600
- Deposit, non-resident (40%)
- AED 545,200
- Monthly over 25 years at 3.7%
- AED 5,576
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →