1004, Concorde Tower
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Concorde Tower
What is 1004 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 10th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 425K · October 2012
- Building
- Concorde Tower
About 1004, Concorde Tower
1004 is a studio of 505 sqft on the 10th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 17 October 2012 for AED 425,000, or AED 841 per sqft, 17% above the AED 720 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 25 May 2024, is AED 55,000 a year: a gross yield of 12.9% on the 2012 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1004 over time
1004 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Concorde Tower, and where 1004 sits
All 59 studios →1004 last sold in October 2012 at AED 841 per sqft, 17% above what studios in Concorde Tower were fetching at the time (AED 720). Over the last 12 months studios sold for AED 830,000, around AED 1,643 per sqft, and rent for AED 56,000 to 65,000 a year. 1004's AED 55,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 | ||
| 15 Oct 202415 October 2024 | 505 sqft | 680,000 | 1,346 | ||
| 11 Jun 202411 June 2024 | 372 sqft | 680,000 | 1,829 | ||
| 10 Jun 202410 June 2024 | 372 sqft | 699,000 | 1,880 |
Concorde Tower
Building470 apartments, studios to 3-bed over 43 floors in Jumeirah Lake Towers (JLT), completed in 2008 by 32 Group Properties. 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,224 Up 2.8%
- Typical sale
- AED 1.15M
- Typical rent
- AED 80K /yr
- Typical yield
- 8.0%
Other units on the 10th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 372 sqft | AED 360KAED 360,000 · May 2012May 2012 | 57,000 /yr | |
| 1002 | 1-bed | 675 sqft | AED 800KAED 800,000 · Jul 2024July 2024 | 55,695 /yr | |
| 1003 | 1-bed | 819 sqft | AED 535KAED 535,000 · Jan 2020January 2020 | 80,000 /yr | |
| 1005 | 1-bed | 955 sqft | AED 643KAED 643,394 · Dec 2010December 2010 | 85,000 /yr | |
| 1006 | 1-bed | 825 sqft | AED 910KAED 910,000 · Jan 2017January 2017 | 85,000 /yr | |
| 1007 | 1-bed | 1,432 sqft | AED 1MAED 1,000,000 · Oct 2022October 2022 | 110,000 /yr | |
| 1008 | 1-bed | 1,432 sqft | AED 1.5MAED 1,500,000 · May 2013May 2013 | 60,000 /yr | |
| 1009 | 1-bed | 971 sqft | AED 350KAED 350,000 · Jan 2021January 2021 | 55,000 /yr | |
| 1010 | 1-bed | 980 sqft | AED 720KAED 720,000 · Feb 2022February 2022 | 56,000 /yr | |
| 1011 | Studio | 505 sqft | AED 600KAED 600,000 · Jun 2018June 2018 | 68,000 /yr | |
| 1012 | 1-bed | 819 sqft | AED 950KAED 950,000 · Apr 2025April 2025 | 45,000 /yr | |
| 1013 | 1-bed | 675 sqft | AED 570KAED 570,000 · Dec 2021December 2021 | 62,000 /yr | |
| 1014 | Studio | 372 sqft | AED 495KAED 495,000 · Jan 2015January 2015 | 60,000 /yr |
1004, Concorde Tower in numbers
- Sold twice: first on 3 October 2012 for AED 444,400, last on 17 October 2012 for AED 425,000 (AED 841 per sqft).
- Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 53,000 to AED 30,000 in 2021 and recovered to AED 55,000 by May 2024.
- At AED 55,000 a year the gross yield on the 2012 price is 12.9%, before a service charge of about AED 10,100 a year (AED 19.92 per sqft).
- Studios in Concorde Tower sold for AED 830,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 1,224 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2024.
Questions about 1004, Concorde Tower
What did unit 1004 last sell for?
AED 425,000 on 17 October 2012: AED 841 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 444,400 in October 2012.
What is the rent for unit 1004?
AED 55,000 a year on the contract signed on 25 May 2024. The previous contract, from February 2023, was AED 37,950; the unit has been rented since November 2013.
How big is unit 1004?
505 sqft (46.9 sqm): a studio on the 10th floor of a 43-storey tower completed in 2008.
What is unit 1004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Concorde Tower sold for AED 830,000 to 830,000 in the last 12 months, around AED 1,643 per sqft.
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Mortgage on 1004, Concorde Tower
Starts from the last sale price (AED 425K, 17 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus AED 20,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →