1509, Concorde Tower
Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1509, Concorde Tower
What is 1509 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 971 sqft
- Floor
- 15th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 19,300 /yr
- Last sold
- AED 750K · December 2022
- Building
- Concorde Tower
About 1509, Concorde Tower
1509 is a one-bedroom apartment of 971 sqft on the 15th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 5 December 2022 for AED 750,000, or AED 772 per sqft, in line with the AED 765 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 April 2022, is AED 55,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 19,300 a year.
Sales and rents for 1509 over time
1509 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1509 sits
All 389 1-beds →1509 last sold in December 2022 at AED 772 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 765). 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. 1509's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 744 sqft | 950,000 | 1,277 | ||
| 30 Jan 202630 January 2026 | 639 sqft | 1,150,000 | 1,800 | ||
| 30 Jan 202630 January 2026 | 1,439 sqft | 1,440,000 | 1,000 | ||
| 29 Jan 202629 January 2026 | 980 sqft | 1,200,000 | 1,224 |
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 15th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 372 sqft | AED 699KAED 699,000 · Jun 2024June 2024 | 62,000 /yr | |
| 1502 | 1-bed | 675 sqft | AED 520KAED 520,000 · Aug 2012August 2012 | 70,000 /yr | |
| 1503 | 1-bed | 819 sqft | AED 575KAED 575,000 · Jul 2012July 2012 | ||
| 1504 | Studio | 505 sqft | AED 365KAED 365,000 · Feb 2012February 2012 | 45,000 /yr | |
| 1505 | 1-bed | 955 sqft | AED 1.08MAED 1,080,000 · Aug 2014August 2014 | 72,000 /yr | |
| 1506 | 825 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 125,000 /yr | ||
| 1507 | 1-bed | 1,432 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 125,000 /yr | |
| 1508 | 1-bed | 1,432 sqft | AED 943KAED 943,000 · May 2022May 2022 | 87,000 /yr | |
| 1510 | 1-bed | 980 sqft | AED 980KAED 980,000 · Feb 2014February 2014 | 82,000 /yr | |
| 1511 | Studio | 505 sqft | AED 365KAED 365,000 · Feb 2012February 2012 | 40,000 /yr | |
| 1512 | 1-bed | 819 sqft | AED 600KAED 600,000 · Nov 2012November 2012 | 78,000 /yr | |
| 1513 | 1-bed | 675 sqft | AED 970KAED 970,000 · Apr 2025April 2025 | 78,000 /yr | |
| 1514 | Studio | 372 sqft | AED 455KAED 455,000 · Sep 2022September 2022 | 58,500 /yr |
1509, Concorde Tower in numbers
- Sold 3 times: first on 20 June 2011 for AED 1,107,426, last on 5 December 2022 for AED 750,000 (AED 772 per sqft).
- Rented since July 2012 on 5 Ejari contracts, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 19,300 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 5 December 2022.
Questions about 1509, Concorde Tower
What did unit 1509 last sell for?
AED 750,000 on 5 December 2022: AED 772 per sqft for 971 sqft. The unit has 3 registered sales; the first was AED 1,107,426 in June 2011.
What is the rent for unit 1509?
AED 55,000 a year on the contract signed on 1 April 2022. The previous contract, from February 2020, was AED 65,000; the unit has been rented since July 2012.
How big is unit 1509?
971 sqft (90.2 sqm): a one-bedroom apartment on the 15th floor of a 43-storey tower completed in 2008.
What is unit 1509 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 1509, Concorde Tower
Starts from the last sale price (AED 750K, 5 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →