PropertyTraderPro

TORCH TOWER

Ready
DeveloperTORCH SELECT LIMITED
CommunityDubai Marina
AreaMarsa Dubai
Started
19 years 1 month ago06-12-2006
Handover
14 years 8 months ago17-05-2011
Status
CompleteFinished
Project Description

Freehold residential tower development being built in the Dubai Marina comprising of ground,88 stories and 4 basements. It is planned to have a total of 745 units. The tower is being built as a concrete structure with glass and hard finishes exterior.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline
Rising
+6%
Growth
Current:AED 1,582/sqft
Last 12M:AED 1,493/sqft
Momentum: Last 12Mvs Prior Year
Rising
+9%
Growth
Last 12M:AED 1,493/sqft
Prior Year:AED 1,369/sqft
Community Compare: Last 90DDubai Marina
Discount
-14%
Below Avg
Project:AED 1,582/sqft
Community:AED 1,848/sqft
Liquidity: Last 12MExit Speed
Moderate
10%Turnover
71Sold (Last 12M)

Supply & Demand Matrix

TORCH TOWER averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
1 Bedroom
220 units
11%
Velocity
2 Bedrooms
405 units
10%
Velocity
3 Bedrooms
50 units
12%
Velocity
4 Bedrooms
1 units
100%
Velocity
Shop
6 units
0%
Velocity

Layouts & Units (682)

Units
312 units
Type
Flat
Beds
2 B/R
Size
1,258 sqft
Avg Price
AED 1.4M
Last Price
AED 1.9M
Last Sold
15 days ago
Sales
663
Units
92 units
Type
Flat
Beds
1 B/R
Size
978 sqft
Avg Price
AED 1.1M
Last Price
AED 1.4M
Last Sold
17 days ago
Sales
165
Units
36 units
Type
Flat
Beds
1 B/R
Size
808 sqft
Avg Price
AED 1.1M
Last Price
AED 1.5M
Last Sold
about 1 month ago
Sales
91
Units
92 units
Type
Flat
Beds
2 B/R
Size
1,198 sqft
Avg Price
AED 1.3M
Last Price
AED 2.1M
Last Sold
about 1 month ago
Sales
174
Units
35 units
Type
Flat
Beds
3 B/R
Size
1,717 sqft
Avg Price
AED 2.1M
Last Price
AED 2.8M
Last Sold
2 months ago
Sales
70
Units
91 units
Type
Flat
Beds
1 B/R
Size
887 sqft
Avg Price
AED 975K
Last Price
AED 1.1M
Last Sold
3 months ago
Sales
183
Units
8 units
Type
Flat
Beds
3 B/R
Size
4,033 sqft
Avg Price
AED 4.8M
Last Price
AED 4.7M
Last Sold
6 months ago
Sales
16
Units
8301
Type
Flat
Beds
4 B/R
Size
6,013 sqft
Avg Price
AED 10.8M
Last Price
AED 10.8M
Last Sold
10 months ago
Sales
1
Units
8401
Type
Flat
Beds
3 B/R
Size
5,435 sqft
Avg Price
AED 7.0M
Last Price
AED 8.0M
Last Sold
12 months ago
Sales
4
Units
4 units
Type
Flat
Beds
3 B/R
Size
3,847 sqft
Avg Price
AED 4.4M
Last Price
AED 4.8M
Last Sold
about 1 year ago
Sales
6
Units
8302
Type
Flat
Beds
3 B/R
Size
6,065 sqft
Avg Price
AED 8.2M
Last Price
AED 8.5M
Last Sold
over 1 year ago
Sales
3
Units
7503
Type
Flat
Beds
2 B/R
Size
1,713 sqft
Avg Price
AED 1.7M
Last Price
AED 1.3M
Last Sold
about 6 years ago
Sales
3
Units
8402
Type
Flat
Beds
3 B/R
Size
5,324 sqft
Avg Price
AED 6.3M
Last Price
AED 7.2M
Last Sold
about 11 years ago
Sales
2
Units
SH-06
Type
Shop
Beds
—
Size
2,828 sqft
Avg Price
AED 7.1M
Last Price
AED 8.2M
Last Sold
over 12 years ago
Sales
2
Units
SH-04
Type
Shop
Beds
—
Size
2,725 sqft
Avg Price
AED 6.7M
Last Price
AED 6.7M
Last Sold
about 13 years ago
Sales
1
Units
SH-05
Type
Shop
Beds
—
Size
3,032 sqft
Avg Price
AED 5.7M
Last Price
AED 5.7M
Last Sold
over 13 years ago
Sales
1
Units
SH-01
Type
Shop
Beds
—
Size
1,717 sqft
Avg Price
AED 4.4M
Last Price
AED 4.4M
Last Sold
about 14 years ago
Sales
1
Units
SH-02
Type
Shop
Beds
—
Size
2,515 sqft
Avg Price
AED 6.3M
Last Price
AED 6.3M
Last Sold
about 14 years ago
Sales
1
Units
SH-03
Type
Shop
Beds
—
Size
2,575 sqft
Avg Price
AED 6.6M
Last Price
AED 6.6M
Last Sold
about 14 years ago
Sales
1
Units
1704
Type
Flat
Beds
1 B/R
Size
875 sqft
Avg Price
—
Last Price
—
Last Sold
—
Sales
—

20 unique layouts covering 682 units