1604, Concorde Tower
Sold prices and rental history: sold twice, last in October 2011, 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 1604, Concorde Tower
What is 1604 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 16th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 345K · October 2011
- Building
- Concorde Tower
About 1604, Concorde Tower
1604 is a studio of 505 sqft on the 16th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 13 October 2011 for AED 345,000, or AED 683 per sqft, 9% above the AED 628 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 17 August 2025, is AED 55,000 a year: a gross yield of 15.9% on the 2011 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1604 over time
1604 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 1604 sits
All 59 studios →1604 last sold in October 2011 at AED 683 per sqft, 9% above what studios in Concorde Tower were fetching at the time (AED 628). 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. 1604's AED 55,000 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 16th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 744 sqft | AED 565KAED 565,000 · Sep 2012September 2012 | 80,000 /yr | |
| 1602 | 1-bed | 675 sqft | AED 550KAED 550,000 · Nov 2012November 2012 | 71,000 /yr | |
| 1603 | 1-bed | 819 sqft | AED 560KAED 560,000 · Jun 2012June 2012 | 66,000 /yr | |
| 1605 | 1-bed | 955 sqft | AED 1.08MAED 1,080,000 · May 2017May 2017 | 76,000 /yr | |
| 1606 | 1-bed | 825 sqft | AED 729KAED 729,173 · Aug 2011August 2011 | 71,000 /yr | |
| 1607 | 1-bed | 1,432 sqft | AED 625KAED 625,000 · Oct 2013October 2013 | ||
| 1608 | 1-bed | 1,432 sqft | AED 1.25MAED 1,250,000 · Aug 2023August 2023 | 77,000 /yr | |
| 1609 | 1-bed | 971 sqft | AED 970KAED 970,000 · Aug 2013August 2013 | 48,000 /yr | |
| 1610 | 980 sqft | AED 1.1MAED 1,100,000 · Nov 2025November 2025 | |||
| 1611 | Studio | 505 sqft | AED 600KAED 600,000 · Mar 2014March 2014 | 70,000 /yr | |
| 1612 | 1-bed | 819 sqft | AED 401KAED 401,486 · Feb 2011February 2011 | 75,000 /yr | |
| 1613 | 1-bed | 675 sqft | AED 452KAED 452,342 · Sep 2011September 2011 | 63,250 /yr |
1604, Concorde Tower in numbers
- Sold twice: first on 15 September 2011 for AED 455,763, last on 13 October 2011 for AED 345,000 (AED 683 per sqft).
- Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 31,000 in 2021 and recovered to AED 55,000 by August 2025.
- At AED 55,000 a year the gross yield on the 2011 price is 15.9%, before a service charge of about AED 10,100 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 17 August 2025.
Questions about 1604, Concorde Tower
What did unit 1604 last sell for?
AED 345,000 on 13 October 2011: AED 683 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 455,763 in September 2011.
What is the rent for unit 1604?
AED 55,000 a year on the contract renewed on 17 August 2025. The previous contract, from August 2024, was AED 55,000; the unit has been rented since October 2013.
How big is unit 1604?
505 sqft (46.9 sqm): a studio on the 16th floor of a 43-storey tower completed in 2008.
What is unit 1604 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 1604, Concorde Tower
Starts from the last sale price (AED 345K, 13 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 345,000
- Deposit, UAE resident (20%)
- AED 69,000
- Deposit, non-resident (40%)
- AED 138,000
- Monthly over 25 years at 3.7%
- AED 1,412
Plus AED 17,400 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →