1314, Concorde Tower
Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1314, Concorde Tower
What is 1314 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2023.
Key facts
- Type
- Studio apartment
- Size
- 372 sqft
- Floor
- 13th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 7,400 /yr
- Last sold
- AED 425K · February 2022
- Building
- Concorde Tower
About 1314, Concorde Tower
1314 is a studio of 372 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 11 February 2022 for AED 425,000, or AED 1,143 per sqft, 18% above the AED 970 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 April 2023, is AED 50,000 a year: a gross yield of 11.8% on the 2022 price, before the service charge of about AED 7,400 a year.
Sales and rents for 1314 over time
1314 has sold 3 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 1314 sits
All 59 studios →1314 last sold in February 2022 at AED 1,143 per sqft, 18% above what studios in Concorde Tower were fetching at the time (AED 970). 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. 1314's AED 50,000 is at the bottom 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 13th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 1307 | 1,432 sqft | AED 1.25MAED 1,250,000 · May 2016May 2016 | 72,000 /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, Concorde Tower in numbers
- Sold 3 times: first on 3 March 2011 for AED 459,200, last on 11 February 2022 for AED 425,000 (AED 1,143 per sqft).
- Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 47,000 to AED 10,000 in 2020 and recovered to AED 50,000 by April 2023.
- At AED 50,000 a year the gross yield on the 2022 price is 11.8%, 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 20 April 2023.
Questions about 1314, Concorde Tower
What did unit 1314 last sell for?
AED 425,000 on 11 February 2022: AED 1,143 per sqft for 372 sqft. The unit has 3 registered sales; the first was AED 459,200 in March 2011.
What is the rent for unit 1314?
AED 50,000 a year on the contract signed on 20 April 2023. The previous contract, from April 2022, was AED 43,000; the unit has been rented since May 2018.
How big is unit 1314?
372 sqft (34.6 sqm): a studio on the 13th floor of a 43-storey tower completed in 2008.
What is unit 1314 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 1314, Concorde Tower
Starts from the last sale price (AED 425K, 11 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus AED 20,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →