1011, Concorde Tower
Sold prices and rental history: sold 4 times, last in June 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, Concorde Tower
What is 1011 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
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 600K · June 2018
- Building
- Concorde Tower
About 1011, Concorde Tower
1011 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 21 June 2018 for AED 600,000, or AED 1,188 per sqft, 18% below the AED 1,455 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 March 2025, is AED 68,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1011 over time
1011 has sold 4 times; 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 1011 sits
All 59 studios →1011 last sold in June 2018 at AED 1,188 per sqft, 18% below what studios in Concorde Tower were fetching at the time (AED 1,455). 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. 1011's AED 68,000 is at the top 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 | |
| 1004 | Studio | 505 sqft | AED 425KAED 425,000 · Oct 2012October 2012 | 55,000 /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 | |
| 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 |
1011, Concorde Tower in numbers
- Sold 4 times: first on 24 April 2012 for AED 252,525, last on 21 June 2018 for AED 600,000 (AED 1,188 per sqft).
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 58,000 to AED 38,000 in 2021 and recovered to AED 68,000 by March 2025.
- At AED 68,000 a year the gross yield on the 2018 price is 11.3%, 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 1 March 2025.
Questions about 1011, Concorde Tower
What did unit 1011 last sell for?
AED 600,000 on 21 June 2018: AED 1,188 per sqft for 505 sqft. The unit has 4 registered sales; the first was AED 252,525 in April 2012.
What is the rent for unit 1011?
AED 68,000 a year on the contract signed on 1 March 2025. The previous contract, from December 2024, was AED 68,000; the unit has been rented since August 2017.
How big is unit 1011?
505 sqft (46.9 sqm): a studio on the 10th floor of a 43-storey tower completed in 2008.
What is unit 1011 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 1011, Concorde Tower
Starts from the last sale price (AED 600K, 21 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →