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

1308, Concorde Tower

Sold prices and rental history: sold twice, last in June 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 16 March 2025
Last soldAED 830K24 June 2012
Current rentAED 130K /yr16 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Concorde Tower

What is 1308 worth today?

Last sold for AED 830,000 in 2012

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16 Mar 2025RentedNew contract
AED 129,651/yr12 months · AED 91 per sqft
24 Aug 2013RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft
24 Jun 2012SoldReady
AED 830,000AED 579 per sqft
13 Jul 2011Sold by developerReady
AED 572,988AED 400 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2025.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
13th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 830K · June 2012

About 1308, Concorde Tower

1308 is a one-bedroom 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 24 June 2012 for AED 830,000, or AED 579 per sqft, 9% below the AED 635 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 16 March 2025, is AED 129,651 a year: a gross yield of 15.6% on the 2012 price, before the service charge of about AED 28,500 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical one-bed in Concorde Tower
500K1M2010201520202025Typical sale price by year: 2010 AED 770,114; 2011 AED 576,091; 2012 AED 575,000; 2013 AED 787,600; 2014 AED 1,089,924; 2015 AED 990,000; 2016 AED 1,035,000; 2017 AED 912,500; 2018 AED 827,500; 2019 AED 657,500; 2020 AED 535,000; 2021 AED 595,000; 2022 AED 750,000; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,055,000; 2026 AED 1,165,000Sold by developer, July 2011: AED 572,988 (AED 400 per sqft)Sold, June 2012: AED 830,000 (AED 579 per sqft)

1308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, each contractTypical one-bed in Concorde Tower
50K100K20112015201920232027Typical rent by year: 2011 AED 48,000; 2012 AED 52,750; 2013 AED 65,000; 2014 AED 78,000; 2015 AED 80,231; 2016 AED 82,500; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 46,500; 2022 AED 57,000; 2023 AED 65,000; 2024 AED 74,500; 2025 AED 78,000; 2026 AED 81,000New contract, August 2013: AED 75,000 a yearNew contract, March 2025: AED 129,651 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Concorde Tower, and where 1308 sits

All 389 1-beds →

1308 last sold in June 2012 at AED 579 per sqft, 9% below what one-beds in Concorde Tower were fetching at the time (AED 635). Over the last 12 months one-beds sold for AED 800,000 to 1,500,000, around AED 1,224 per sqft, and rent for AED 37,000 to 160,000 a year. 1308's AED 129,651 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 2026950,000
30 Jan 20261,150,000
30 Jan 20261,440,000
29 Jan 20261,200,000
11 1-bed sales 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 13th floor

All 470 units in Concorde Tower
Value
1301StudioAED 685K · Oct 2017
1303AED 1M · Nov 2025
1304StudioAED 710K · Jun 2015
13051-bedAED 841K · Jun 2011
13061-bedAED 1.14M · Jan 2025
1307AED 1.25M · May 2016
13091-bedAED 790K · Dec 2022
1–7 of 12

1308, Concorde Tower in numbers

  • Sold twice: first on 13 July 2011 for AED 572,988, last on 24 June 2012 for AED 830,000 (AED 579 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 75,000 to AED 129,651 a year.
  • At AED 129,651 a year the gross yield on the 2012 price is 15.6%, before a service charge of about AED 28,500 a year (AED 19.92 per sqft).
  • One-beds in Concorde Tower sold for AED 800,000–1,500,000 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 16 March 2025.

Questions about 1308, Concorde Tower

What did unit 1308 last sell for?

AED 830,000 on 24 June 2012: AED 579 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 572,988 in July 2011.

What is the rent for unit 1308?

AED 129,651 a year on the contract signed on 16 March 2025. The previous contract, from August 2013, was AED 75,000.

How big is unit 1308?

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

What is unit 1308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Concorde Tower sold for AED 800,000 to 1,500,000 in the last 12 months, around AED 1,224 per sqft.

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Mortgage on 1308, Concorde Tower

Starts from the last sale price (AED 830K, 24 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

Plus AED 39,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →