TORCH TOWER
MatureDeveloperTORCH 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
Market Sales: Last 90Dvs Last 12M Baseline
Rising+7%
GrowthCurrent:AED 1,590/sqft
Last 12M:AED 1,492/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 1,492/sqft
Prior Year:AED 1,395/sqft
Community Compare: Last 90DDubai Marina
Discount-8%
Below AvgProject:AED 1,590/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
72Sold (Last 12M)
Supply & Demand Matrix
TORCH TOWER averaged 11% 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
25 sold195 left
11%
Velocity
2 Bedrooms
405 units
40 sold365 left
10%
Velocity
3 Bedrooms
50 units
6 sold44 left
12%
Velocity
4 Bedrooms
1 units
1 sold0 left
100%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (682)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 6-78 | Inventory 220units 4 layouts · Typically 1 parking 6-11 sqm balcony | Size Range 102-978sqft | Price Range AED 89K - AED 1.9M | Avg PSF 1,119 | Sales 441 | Trend — | |
Asset Class 2 Bed FlatFloors 6-75 | Inventory 405units 3 layouts · Typically 1 parking 5-14 sqm balcony | Size Range 79-1,713sqft | Price Range AED 275K - AED 2.5M | Avg PSF 1,059 | Sales 846 | Trend — | |
Asset Class 3 Bed FlatFloors 70-84 | Inventory 50units 7 layouts · Typically 1.1 parking 14-217 sqm balcony | Size Range 428-6,065sqft | Price Range AED 771K - AED 10.0M | Avg PSF 1,109 | Sales 101 | Trend — | |
Asset Class 4 Bed FlatFloor 83 | Inventory 1units Typically 1 parking ~100 sqm balcony | Size Range 6,013-6,013sqft | Price Range AED 10.8M - AED 10.8M | Avg PSF 1,525 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 887-978sqft | Price Range — | Avg PSF 107,510 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 1.8 parking | Size Range 1,516-3,032sqft | Price Range AED 2.9M - AED 8.2M | Avg PSF 2,269 | Sales 8 | Trend — | |
Asset Class Store | Inventory 0units | Size Range 243-243sqft | Price Range AED 49K - AED 49K | Avg PSF 200 | Sales 1 | Trend — |
Grouped into 7 asset classes covering 682 units