1-bed · 611 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2008

202, Concorde Tower

Sold prices and rental history: sold twice, last in September 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 720K18 September 2016
Current rentAED 56K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Concorde Tower

What is 202 worth today?

Last sold for AED 720,000 in 2016

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27 Nov 2024RentedNew contract
AED 55,545/yr12 months · AED 91 per sqft
27 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 57 per sqft
15 Nov 2019RentedNew contract
AED 47,000/yr12 months · AED 77 per sqft
18 Sep 2016SoldReady
AED 720,000AED 1,178 per sqft
15 Feb 2016Sold by developerReady
AED 431,609AED 706 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2024.

Key facts

Type
1-bed apartment
Size
611 sqft
Floor
2nd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 12,200 /yr
Last sold
AED 720K · September 2016

About 202, Concorde Tower

202 is a one-bedroom apartment of 611 sqft on the 2nd 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 September 2016 for AED 720,000, or AED 1,178 per sqft, 13% above the AED 1,041 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 27 November 2024, is AED 55,545 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 12,200 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, February 2016: AED 431,609 (AED 706 per sqft)Sold, September 2016: AED 720,000 (AED 1,178 per sqft)

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

Rents
Unit 202, each contractTypical one-bed in Concorde Tower
50K75K20112015201920232027Typical 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, November 2019: AED 47,000 a yearNew contract, November 2020: AED 35,000 a yearNew contract, November 2024: AED 55,545 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 202 sits

All 389 1-beds →

202 last sold in September 2016 at AED 1,178 per sqft, 13% above what one-beds in Concorde Tower were fetching at the time (AED 1,041). 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. 202's AED 55,545 is in the lower 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 2nd floor

All 470 units in Concorde Tower
Value
2011-bedAED 477K · Feb 2014
2031-bedAED 865K · Feb 2014
204StudioAED 291K · Dec 2010
2051-bedAED 1.21M · Sep 2014
2061-bedAED 662K · Mar 2011
2071-bedAED 1.43M · Apr 2016
2081-bedAED 1.27M · Dec 2013
1–7 of 12

202, Concorde Tower in numbers

  • Sold twice: first on 15 February 2016 for AED 431,609, last on 18 September 2016 for AED 720,000 (AED 1,178 per sqft).
  • Rented since November 2019 on 3 Ejari contracts. The rent fell from AED 47,000 to AED 35,000 in 2020 and recovered to AED 55,545 by November 2024.
  • At AED 55,545 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 12,200 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 27 November 2024.

Questions about 202, Concorde Tower

What did unit 202 last sell for?

AED 720,000 on 18 September 2016: AED 1,178 per sqft for 611 sqft. The unit has 2 registered sales; the first was AED 431,609 in February 2016.

What is the rent for unit 202?

AED 55,545 a year on the contract signed on 27 November 2024. The previous contract, from November 2020, was AED 35,000; the unit has been rented since November 2019.

How big is unit 202?

611 sqft (56.8 sqm): a one-bedroom apartment on the 2nd floor of a 43-storey tower completed in 2008.

What is unit 202 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 202, Concorde Tower

Starts from the last sale price (AED 720K, 18 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

Plus AED 35,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →