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Torch tower residents stay on despite multiple fires

Latest News Dubai 19 Mar 24
Torch tower residents stay on despite multiple fires
Dubai: With rents Dh10,000 cheaper, Torch tower residents stay on despite multiple fires
Fee
Event Location
Dubai, Dubai
Area
Dubai
Start Time
19 March 2024, 12:00 AM
End Time
30 April 2024, 12:00 AM
Website

Residents of Dubai Marina's The Torch knew about the fires that hit the building in recent years. Another blaze was reported just a few days ago. Despite these, most tenants have no plans to move out of their homes.

A fire broke out at one of Dubai Marina's tallest buildings on Thursday evening.

Rescue teams were called to the blaze at The Torch tower.

The fire started in a restaurant on the ground floor about 8pm, according to an update sent to residents of the building. Residents were not affected and the tower was not evacuated.

Police, fire and ambulances were at the scene and part of the street outside was cordoned off.

"The emergency services were called and attended the blaze," the update read.

"The fire was extinguished and the incident was concluded by 9pm and did not affect any other parts of the building."

The building has seen a spate of fires in recent years.

In August 2017, a fire broke out due to a discarded cigarette butt, igniting a blaze that compelled many of the tower's 475 residents to find temporary accommodation. Before this, in February 2015, the same building saw a massive fire that started on the 51st floor, raising alarms throughout the community.

To some, these may look like big red flags but to many of the building's residents, the pros still outweigh the cons. The biggest advantage? Cheap rents.

Considering that Dubai Marina is a top-tier urban neighbourhood with glitzy skyscrapers, Anu Tiwari, an expat who lived there for years said, "the rent at The Torch is significantly lower compared to other buildings in the area."

A tenant, who wished to remain anonymous, said "the affordability coupled with a breathtaking city view is truly remarkable".

“I can see the whole of Palm Jumeirah and other neighbourhoods of Dubai from my apartment, I find immense value in residing here," the resident said.

Rent for one-bedroom unit at The Torch start at Dh90,000 per year, based on popular property websites. This is nearly Dh10,000 lower than similar units that are being offered at Dh98,000 to Dh100,000.

Two-bedroom flats start at Dh135,000, which far lower than the Dh148,000 to Dh150,000 rent at a nearby building.

A one-bedroom apartment is being rented out at an average of Dh90,000 to Dh110,000 per year in Dubai Marina, while a two-bedroom is at Dh128,000 to Dh157,000, according to Rera.

Besides the affordable rent and beautiful views, Tiwari said the strategic location was a big plus. "The tower is in an area from where one can easily get to the Sheikh Zayed Road and avoid peak-hour traffic,” he said.

“The building security and all the other amenities are also good," he added.

Another resident pointed out that even though there were incidents of fire, all these were handled well. The latest one was put out quickly.

“The tower is well equipped with all the fire safety tools,” said the tenant who lives in a flat on a high floor.

The management had also taken steps to improve safety measures and reassure residents. “They have been proactive in implementing safety protocols. Despite the occasional scares, I feel relatively safe knowing that measures are in place to mitigate risks. I hope that such incidents won't happen again,” said the resident.

Torch tower fires



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