Studio · 372 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2008

1014, Concorde Tower

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1014 · DLD and Ejari recordsUpdated 17 October 2025
Last soldAED 495K18 January 2015
Current rentAED 60K /yr17 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1014, Concorde Tower

What is 1014 worth today?

Last sold for AED 495,000 in 2015

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17 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
2 Jun 2023RentedNew contract
AED 54,000/yr12 months · AED 145 per sqft
23 Oct 2018RentedNew contract
AED 53,000/yr12 months · AED 141 per sqft
23 Oct 2017RentedRenewal
AED 55,000/yr12 months · AED 146 per sqft
23 Oct 2016RentedNew contract
AED 55,000/yr12 months · AED 146 per sqft
18 Jan 2015SoldReady
AED 495,000AED 1,331 per sqft
23 Oct 2014RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft
21 Sep 2013RentedNew contract
AED 45,000/yr12 months · AED 119 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2025.

Key facts

Type
Studio apartment
Size
372 sqft
Floor
10th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 7,400 /yr
Last sold
AED 495K · January 2015

About 1014, Concorde Tower

1014 is a studio of 372 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 18 January 2015 for AED 495,000, or AED 1,331 per sqft, in line with the AED 1,351 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 17 October 2025, is AED 60,000 a year: a gross yield of 12.1% on the 2015 price, before the service charge of about AED 7,400 a year.

Sales and rents for 1014 over time

Sales
Unit 1014, each saleTypical studio in Concorde Tower
250K500K750K2010201420182022Typical sale price by year: 2010 AED 271,933; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, April 2012: AED 233,451 (AED 627 per sqft)Sold, January 2015: AED 495,000 (AED 1,331 per sqft)

1014 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1014, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 56,000; 2015 AED 63,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,000; 2021 AED 32,000; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,063; 2025 AED 57,750; 2026 AED 57,750New contract, September 2013: AED 45,000 a yearNew contract, October 2014: AED 50,000 a yearNew contract, October 2016: AED 55,000 a yearRenewal, October 2017: AED 55,000 a yearNew contract, October 2018: AED 53,000 a yearNew contract, June 2023: AED 54,000 a yearNew contract, October 2025: AED 60,000 a year

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 1014 sits

All 59 studios →

1014 last sold in January 2015 at AED 1,331 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 1,351). 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. 1014's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Mar 2025625,000
15 Oct 2024680,000
11 Jun 2024680,000
10 Jun 2024699,000
1 studio sale in the last 12 months

Concorde Tower

Building

470 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%
Concorde Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 10th floor

All 470 units in Concorde Tower
Value
1001StudioAED 360K · May 2012
10021-bedAED 800K · Jul 2024
10031-bedAED 535K · Jan 2020
1004StudioAED 425K · Oct 2012
10051-bedAED 643K · Dec 2010
10061-bedAED 910K · Jan 2017
10071-bedAED 1M · Oct 2022
1–7 of 13

1014, Concorde Tower in numbers

  • Sold twice: first on 29 April 2012 for AED 233,451, last on 18 January 2015 for AED 495,000 (AED 1,331 per sqft).
  • Rented since September 2013 on 7 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 12.1%, before a service charge of about AED 7,400 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 17 October 2025.

Questions about 1014, Concorde Tower

What did unit 1014 last sell for?

AED 495,000 on 18 January 2015: AED 1,331 per sqft for 372 sqft. The unit has 2 registered sales; the first was AED 233,451 in April 2012.

What is the rent for unit 1014?

AED 60,000 a year on the contract signed on 17 October 2025. The previous contract, from June 2023, was AED 54,000; the unit has been rented since September 2013.

How big is unit 1014?

372 sqft (34.6 sqm): a studio on the 10th floor of a 43-storey tower completed in 2008.

What is unit 1014 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 1014, Concorde Tower

Starts from the last sale price (AED 495K, 18 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →