1609, Concorde Tower
Sold prices and rental history: sold 3 times, last in August 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Concorde Tower
What is 1609 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 971 sqft
- Floor
- 16th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 19,300 /yr
- Last sold
- AED 970K · August 2013
- Building
- Concorde Tower
About 1609, Concorde Tower
1609 is a one-bedroom apartment of 971 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 18 August 2013 for AED 970,000, or AED 998 per sqft, 21% above the AED 827 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 3 January 2021, is AED 48,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 19,300 a year.
Sales and rents for 1609 over time
1609 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 1609 sits
All 389 1-beds →1609 last sold in August 2013 at AED 998 per sqft, 21% above what one-beds in Concorde Tower were fetching at the time (AED 827). 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. 1609's AED 48,000 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 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 | |
| 1604 | Studio | 505 sqft | AED 345KAED 345,000 · Oct 2011October 2011 | 55,000 /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 | |
| 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 |
1609, Concorde Tower in numbers
- Sold 3 times: first on 8 December 2010 for AED 768,338, last on 18 August 2013 for AED 970,000 (AED 998 per sqft).
- Rented since February 2013 on 3 Ejari contracts, from AED 65,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2013 price is 5.0%, 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 3 January 2021.
Questions about 1609, Concorde Tower
What did unit 1609 last sell for?
AED 970,000 on 18 August 2013: AED 998 per sqft for 971 sqft. The unit has 3 registered sales; the first was AED 768,338 in December 2010.
What is the rent for unit 1609?
AED 48,000 a year on the contract renewed on 3 January 2021. The previous contract, from January 2019, was AED 65,000; the unit has been rented since February 2013.
How big is unit 1609?
971 sqft (90.2 sqm): a one-bedroom apartment on the 16th floor of a 43-storey tower completed in 2008.
What is unit 1609 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 1609, Concorde Tower
Starts from the last sale price (AED 970K, 18 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus AED 45,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →