1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 13th floor · completed 2008

1307, Concorde Tower

Sold prices and rental history: sold twice, last in May 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 15 May 2016

Last soldAED 1.25M15 May 2016

Current rentAED 72K /yr1 March 2015

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1307, Concorde Tower

Today

What is 1307 worth today?

Last sold for AED 1,250,000 in 2016

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15 May 2016

15 May 2016SoldReady

AED 1,250,000AED 872 per sqft

1 Mar 2015

1 Mar 2015RentedNew contract

AED 72,000/yr12 months · AED 50 per sqft

1 Mar 2014

1 Mar 2014RentedNew contract

AED 72,000/yr12 months · AED 50 per sqft

1 Mar 2013

1 Mar 2013RentedNew contract

AED 60,000/yr12 months · AED 42 per sqft

22 Nov 2011

22 Nov 2011Sold by developerReady

AED 904,066AED 631 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2016.

Key facts

Type: Apartment
Size: 1,432 sqft
Floor: 13th of 43
Parking: B2-55
Developer: 32 Group Properties
Completed: 2008
Service charge: AED 28,500 /yr
Last sold: AED 1.25M · May 2016
Building: Concorde Tower

About 1307, Concorde Tower

1307 is an apartment of 1,432 sqft on the 13th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 15 May 2016 for AED 1,250,000, or AED 872 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 March 2015, is AED 72,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 28,500 a year.

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 13th floor

All 470 units in Concorde Tower


1301	Studio	372 sqft	AED 685KAED 685,000 · Oct 2017October 2017	56,000 /yr
1303		819 sqft	AED 1MAED 1,000,000 · Nov 2025November 2025	75,000 /yr
1304	Studio	505 sqft	AED 710KAED 710,000 · Jun 2015June 2015	46,552 /yr
1305	1-bed	955 sqft	AED 841KAED 841,378 · Jun 2011June 2011	73,500 /yr
1306	1-bed	825 sqft	AED 1.14MAED 1,135,000 · Jan 2025January 2025	48,000 /yr
1308	1-bed	1,432 sqft	AED 830KAED 830,000 · Jun 2012June 2012	129,651 /yr
1309	1-bed	971 sqft	AED 790KAED 790,000 · Dec 2022December 2022	53,000 /yr
1310	1-bed	980 sqft	AED 900KAED 900,000 · Jun 2018June 2018	84,000 /yr
1311	Studio	505 sqft	AED 708KAED 708,000 · Feb 2015February 2015	55,000 /yr
1312	1-bed	819 sqft	AED 980KAED 980,000 · Apr 2025April 2025	60,000 /yr
1313	1-bed	675 sqft	AED 850KAED 850,000 · Nov 2023November 2023	69,127 /yr
1314	Studio	372 sqft	AED 425KAED 425,000 · Feb 2022February 2022	50,000 /yr

1–7 of 12

1307, Concorde Tower in numbers

Sold twice: first on 22 November 2011 for AED 904,066, last on 15 May 2016 for AED 1,250,000 (AED 872 per sqft).
Rented since March 2013 on 3 Ejari contracts, from AED 60,000 to AED 72,000 a year.
At AED 72,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 28,500 a year (AED 19.92 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2016.

Questions about 1307, Concorde Tower

What did unit 1307 last sell for?

AED 1,250,000 on 15 May 2016: AED 872 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 904,066 in November 2011.

What is the rent for unit 1307?

AED 72,000 a year on the contract signed on 1 March 2015. The previous contract, from March 2014, was AED 72,000; the unit has been rented since March 2013.

How big is unit 1307?

1,432 sqft (133.0 sqm): an apartment on the 13th floor of a 43-storey tower completed in 2008.

What is unit 1307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1307, Concorde Tower

Starts from the last sale price (AED 1.25M, 15 May 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,250,000
Deposit, UAE resident (20%): AED 250,000
Deposit, non-resident (40%): AED 500,000
Monthly over 25 years at 3.7%: AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →