Hundreds of residents were evacuated and shocked unlookers shared harrowing videos and images to social media.
Another resident, John O'Nolan, tweeted that although some of the flames had been doused, new fires were erupting on the other side of the tower. Panels can consist of plastic or polyurethane fillings sandwiched between aluminium sheets, similar to that used on Grenfell Tower.
Firefighters in the Emirate had the blaze under control at around 3.30am local time, and the building was evacuated safely and quickly with no injuries or casualties.
An Associated Press journalist near the scene said the fire was visible from outside on one side of the building. They said we may be able to get back into the building at 7.30pm tonight, but that looks doubtful. He said he was coming home after midnight when building security guards told him to remain in the street because a fire had erupted.
The previous blaze broke out at 2am on 21 February 2015 and was started by a grill placed on one of the tower's balconies. Witnesses claim that their aren't many fire trucks or emergency services attending the incident at present.
The government said it is now working on providing shelter for those affected.
According to reports this evening firefighters are now tackling a large at a residential skyscraper in Dubai in the United Arab Emirates.
View of the Marina Torch tower at center.
A blaze tore through Dubai's Torch Tower for the second time in two years as firefighters frantically worked to save the 84-story building.
The tower became the tallest residential building in the world in 2011 but was surpassed in 2012 by the nearby 23 Marina and Princess Tower directly across the street.
Earlier that same month, a fire damaged part of a multi-storey building under construction in Dubai, and in July 2016 a fire broke out in Dubai's residential 75-storey Sulafa Tower.