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The Torch, Dubai Marina

The Torch, Dubai Marina

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Strengths

Stunning views of Dubai Marina

Proximity to amenities

Modern architecture

Weakens

High occupancy rates

Noise from nightlife

Limited parking spaces

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Description

The Torch, Dubai Marina

Real Estate Overview

Building Overview

  • The Torch is a striking residential skyscraper located in the heart of Dubai Marina, renowned for its modern architecture and luxurious lifestyle.
  • The building is situated near key facilities including vibrant shopping venues, top-notch restaurants, and picturesque waterfronts.
  • Public transportation access is exceptional, with tram and metro stations conveniently close, providing seamless connectivity to other parts of Dubai.
  • In proximity to notable landmarks such as Palm Jumeirah and The Walk at JBR, The Torch boasts an enviable position amongst Dubai's iconic structures.

Properties Overview

  • The Torch features a wide variety of apartments, including studio, one, two, and three-bedroom units, catering to diverse preferences and lifestyles.
  • Rental prices for the apartments generally range from AED 60,000 to AED 180,000 per annum, while sales prices can vary significantly based on the unit's size and view.
  • Popular choices among renters include the one and two-bedroom apartments, which offer stunning lake and skyline views.

Market Trends

  • The real estate market in Dubai Marina has shown a steady increase in demand, with rental properties seeing a year-over-year increase of approximately 5-7%.
  • Buyers can expect average returns on investment (ROI) between 6-8%, making it a favorable option for real estate investments.
  • Current trends indicate that luxury apartments are continuing to attract substantial interest, with expectations for a further gradual price appreciation in the coming years.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to numerous essential services, including well-known supermarkets, international schools, and various healthcare facilities such as clinics and hospitals, all located within a short distance.

Transportation and Accessibility

  • The Torch is well-served by public transport, with easy access to Dubai's metro and tram systems, reducing the reliance on personal vehicles.
  • For drivers, ample parking spaces are available within the building, enhancing convenience and accessibility.

Lifestyle Amenities

  • The building offers extensive lifestyle amenities, including a fully-equipped gym, swimming pools, spa facilities, and entertainment areas.
  • Nearby, residents can enjoy Marina Walk, beach clubs, and an array of dining options, fostering a vibrant community atmosphere.

Builing Facilities

  • The Torch features modern facilities such as high-speed elevators, 24/7 security services, central air conditioning, and dedicated maintenance services.
  • These facilities ensure a comfortable and secure living environment for all residents.

Special Services

  • Residents benefit from additional services, including concierge assistance, guest handling, and well-equipped business centers.
  • Unique amenities such as fitness classes and social event spaces enhance the living experience within the building.

Planning Your Move or Investment

Floor Plans and Property Types

  • The Torch offers various floor plans tailored for residents and investors, including spacious living areas and functional layouts suitable for families and singles alike.
  • Floor plans are designed to maximize space and natural light, with several options available for customization.

Things to Consider

  • When considering a move or investment, potential residents should evaluate property maintenance fees, monthly expenses, and the overall property market trend.
  • It's advisable to assess proximity to amenities, transport links, and the suitability of the apartment layout.

Useful FAQs and Support

Events and Building Life

Building Events

  • The Torch hosts regular community events, fostering a sense of belonging among residents, such as social gatherings, fitness classes, and holiday celebrations.
  • These events provide opportunities for neighbors to connect and build lasting relationships.

Community Identity

  • The Torch is distinguished by its iconic shape and stature within the Dubai skyline, representing modern luxury living.
  • Its features, such as beautifully designed lobbies and common areas, reflect a commitment to high-quality design and community engagement.

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Detailed Buiding Insights

1. Family Friendliness

The Torch offers family-oriented facilities such as swimming pools and nearby parks, making it a good choice for families. However, the vibrant nightlife may not appeal to all families.

Moderately Welcoming

2. Living Options

The Torch features a range of living options, from studios to larger apartments, catering to various family sizes and preferences. The contemporary design appeals to many residents.

Broadly Diverse

3. Safety And Security

The community has 24/7 security personnel and surveillance systems, which contribute to a sense of safety and peace of mind for residents.

Very Secure

4. Transportation

Located close to public transportation, including the Dubai Metro and tram services, residents have easy access to various parts of Dubai. The proximity to Sheikh Zayed Road also enhances connectivity.

Highly Convenient

5. Amenities And Facilities

The Torch boasts excellent amenities including a swimming pool, gym, and children's play area. Additionally, residents benefit from nearby cafes, shops, and restaurants.

Richly Equipped

6. Cost Of Living

While the cost of living in The Torch is higher than some other areas in Dubai, it reflects the quality of the building, amenities, and prime location in Dubai Marina.

Relatively High

7. Things To Do

Living in The Torch allows residents to access numerous dining, shopping, and entertainment options in the Marina area, making it a vibrant place to live.

Vibrantly Diverse

8. Noise Levels

Due to its proximity to busy areas and restaurants, noise levels can fluctuate, particularly during weekends and holiday seasons, but the building's structure helps minimize disturbances.

Generally Moderate

9. Pet Friendliness

While pets are allowed, there are restrictions on certain breeds and sizes. The community offers some spaces for pets, but not as many as pet owners may desire.

Moderately Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

288.8K AED - 394.9K AED

Rent:

24.9K AED - 31.2K AED

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