Torch Tower in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Torch Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	91	16,204	1,472,500
2	116	14,780	1,711,415
3	159	15,713	2,500,000

Rents in Torch Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	91	918	83,500
2	114	1,118	127,500

The cap rate (rental yield) of investments into Torch Tower project is 6.8% on average.

The price of an apartment in Torch Tower is 15,223 AED/sqm on average.

Price for completed 1 bedroom apartment in Torch Tower is 1,472,500 AED or 16,204 AED/sqm.
Price for completed 2 bedroom apartment in Torch Tower is 1,711,415 AED or 14,780 AED/sqm.
Price for completed 3 bedroom apartment in Torch Tower is 2,500,000 AED or 15,713 AED/sqm.

Rent in Torch Tower is 15,713 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Torch Tower is 83,500 AED or 918 AED/sqm.
Rent for 2 bedroom apartment in Torch Tower is 127,500 AED or 1,118 AED/sqm.

About Torch Tower

'Torch Tower' in 'Dubai Marina' area project description

Torch Tower is a residential skyscraper located in the heart of Dubai Marina, one of the most sought-after residential districts in the city. The tower stands at an impressive height of 310 meters, making it one of the tallest residential buildings in the world. It is also the tallest residential tower in the entire Middle East.

The tower is comprised of 79 floors, with a total of 676 residential units. The apartments range from one to four bedrooms, with some of the larger units featuring two levels. The units are all fitted with modern amenities and offer stunning views of the city and the Arabian Gulf.

The building also features a variety of amenities, including a swimming pool, a gym, a sauna, and a Jacuzzi. There is also a 24-hour concierge service, a business center, and a shopping mall. Residents can enjoy the convenience of having a grocery store, a pharmacy, and a bank all within the building.

The Torch Tower is located in close proximity to the Dubai Marina Mall, which is home to a variety of shops and restaurants. The area is also home to a number of popular attractions, such as the Dubai Marina Yacht Club and the Dubai Marina Walk.

The Torch Tower is a perfect example of modern architecture and design. Its sleek, contemporary design stands out among the other buildings in the area and is a testament to the city’s commitment to innovation and progress. The building is a symbol of Dubai’s ambition and its ability to achieve the impossible.

The Torch Tower is a remarkable example of modern architecture and design. Its stunning height, luxurious amenities, and convenient location make it one of the most desirable residential buildings in Dubai.

Q&A on Torch Tower

What are the advantages of 'Torch Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Torch Tower is located in the heart of Dubai Marina, one of the most sought-after locations in the city. It is close to the beach, shopping malls, restaurants, and other attractions.

2. Luxurious Amenities: The building offers a range of luxurious amenities, including a swimming pool, gym, sauna, and steam room.

3. Affordable Prices: The prices of apartments in Torch Tower are relatively affordable compared to other properties in the area.

4. High Rental Yields: The property offers high rental yields, making it a great investment option for real estate buyers.

5. High Resale Value: The resale value of apartments in Torch Tower is high, making it a great option for buyers looking to make a profit in the future.

What projects are better than 'Torch Tower' project in Dubai which are located close by, and why?

Marina Gate: Offers luxurious amenities, modern design, and excellent views along with easy access to The Walk and Marina Promenade.

Cayan Tower: Known for its iconic twisted architecture, it provides stunning views, high-end amenities, and a unique living experience.

Marina Promenade: A cluster of high-quality buildings close to top dining and retail options, featuring luxurious interiors and excellent facilities.

The Address Dubai Marina: A blend of residential and serviced apartments, offering hotel-like services and direct access to Dubai Marina Mall.

Le Rêve: Targeted at the ultra-luxury segment, featuring expansive apartments, high-end finishes, and top-notch amenities.

Damac Heights: Offers high-end finishes, premium amenities, and stunning views of the Marina and the Arabian Gulf.

Silverene Towers: Located near Marina Mall, offering modern design, excellent amenities, and easy access to various lifestyle options.

Grosvenor House: Offers high-end residential options with the benefits of hotel services from its adjoining hotel, enhancing the luxury living experience.