1201, 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.
Property timeline for 1201, Concorde Tower
What is 1201 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 372 sqft
- Floor
- 12th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 7,400 /yr
- Last sold
- AED 495K · January 2015
- Building
- Concorde Tower
About 1201, Concorde Tower
1201 is a studio of 372 sqft on the 12th 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 9 Ejari contracts. The current contract, signed on 26 August 2025, is AED 57,000 a year: a gross yield of 11.5% on the 2015 price, before the service charge of about AED 7,400 a year.
Sales and rents for 1201 over time
1201 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 1201 sits
All 59 studios →1201 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. 1201's AED 57,000 is in the lower half 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 12th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 675 sqft | AED 440KAED 439,864 · Dec 2010December 2010 | 45,000 /yr | |
| 1203 | 1-bed | 819 sqft | AED 555KAED 555,000 · May 2021May 2021 | 71,500 /yr | |
| 1204 | Studio | 505 sqft | AED 315KAED 315,000 · Jan 2012January 2012 | 50,000 /yr | |
| 1205 | 1-bed | 955 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 62,000 /yr | |
| 1206 | 1-bed | 825 sqft | AED 537KAED 537,279 · Jul 2012July 2012 | 80,000 /yr | |
| 1207 | 1-bed | 1,432 sqft | AED 1.3MAED 1,300,000 · Mar 2015March 2015 | 110,000 /yr | |
| 1208 | 1-bed | 1,432 sqft | AED 700KAED 700,000 · Feb 2012February 2012 | 87,000 /yr | |
| 1209 | 1-bed | 971 sqft | AED 1.08MAED 1,080,000 · Nov 2024November 2024 | 63,000 /yr | |
| 1210 | 1-bed | 980 sqft | AED 605KAED 605,000 · Jan 2020January 2020 | 800,000 /yr | |
| 1211 | Studio | 505 sqft | AED 550KAED 550,000 · Apr 2013April 2013 | 54,000 /yr | |
| 1212 | 1-bed | 819 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 42,000 /yr | |
| 1213 | 1-bed | 675 sqft | AED 425KAED 425,000 · Apr 2012April 2012 | 75,000 /yr | |
| 1214 | Studio | 372 sqft | AED 680KAED 680,000 · Jun 2024June 2024 | 59,000 /yr |
1201, Concorde Tower in numbers
- Sold twice: first on 29 April 2012 for AED 238,981, last on 18 January 2015 for AED 495,000 (AED 1,331 per sqft).
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 53,000 to AED 40,800 in 2020 and recovered to AED 57,000 by August 2025.
- At AED 57,000 a year the gross yield on the 2015 price is 11.5%, 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 26 August 2025.
Questions about 1201, Concorde Tower
What did unit 1201 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 238,981 in April 2012.
What is the rent for unit 1201?
AED 57,000 a year on the contract signed on 26 August 2025. The previous contract, from August 2024, was AED 55,000; the unit has been rented since September 2013.
How big is unit 1201?
372 sqft (34.6 sqm): a studio on the 12th floor of a 43-storey tower completed in 2008.
What is unit 1201 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 1201, 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 →