204, Concorde Tower
Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Concorde Tower
What is 204 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 490 sqft
- Floor
- 2nd of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 9,800 /yr
- Last sold
- AED 291K · December 2010
- Building
- Concorde Tower
About 204, Concorde Tower
204 is a studio of 490 sqft on the 2nd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 9 December 2010 for AED 290,719, or AED 593 per sqft, in line with the AED 593 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 23 February 2024, is AED 54,000 a year: a gross yield of 18.6% on the 2010 price, before the service charge of about AED 9,800 a year.
Sales and rents for 204 over time
204 has sold once; 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 204 sits
All 59 studios →204 last sold in December 2010 at AED 593 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 593). 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. 204's AED 54,000 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 2nd floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 694 sqft | AED 477KAED 476,928 · Feb 2014February 2014 | 72,000 /yr | |
| 202 | 1-bed | 611 sqft | AED 720KAED 720,000 · Sep 2016September 2016 | 55,545 /yr | |
| 203 | 1-bed | 743 sqft | AED 865KAED 865,000 · Feb 2014February 2014 | 70,000 /yr | |
| 205 | 1-bed | 952 sqft | AED 1.21MAED 1,210,000 · Sep 2014September 2014 | 75,000 /yr | |
| 206 | 1-bed | 812 sqft | AED 662KAED 662,216 · Mar 2011March 2011 | 75,000 /yr | |
| 207 | 1-bed | 1,432 sqft | AED 1.43MAED 1,425,000 · Apr 2016April 2016 | ||
| 208 | 1-bed | 1,432 sqft | AED 1.27MAED 1,270,000 · Dec 2013December 2013 | 76,000 /yr | |
| 209 | 958 sqft | AED 1.13MAED 1,125,000 · Sep 2025September 2025 | 69,300 /yr | ||
| 210 | 1-bed | 977 sqft | AED 1.24MAED 1,240,000 · Sep 2011September 2011 | 82,000 /yr | |
| 211 | Studio | 245 sqft | AED 275KAED 275,000 · Mar 2019March 2019 | 61,000 /yr | |
| 212 | 1-bed | 743 sqft | AED 625KAED 625,000 · Jan 2013January 2013 | 57,000 /yr | |
| 213 | 1-bed | 611 sqft | AED 760KAED 760,000 · Jan 2025January 2025 | 72,000 /yr |
204, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 9 December 2010 for AED 290,719, or AED 593 per sqft.
- Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2021 and recovered to AED 54,000 by February 2024.
- At AED 54,000 a year the gross yield on the 2010 price is 18.6%, before a service charge of about AED 9,800 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 23 February 2024.
Questions about 204, Concorde Tower
What did unit 204 last sell for?
AED 290,719 on 9 December 2010, sold by the developer: AED 593 per sqft for 490 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 54,000 a year on the contract signed on 23 February 2024. The previous contract, from March 2023, was AED 37,000; the unit has been rented since February 2019.
How big is unit 204?
490 sqft (45.5 sqm): a studio on the 2nd floor of a 43-storey tower completed in 2008.
What is unit 204 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 204, Concorde Tower
Starts from the last sale price (AED 291K, 9 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 290,719
- Deposit, UAE resident (20%)
- AED 58,144
- Deposit, non-resident (40%)
- AED 116,288
- Monthly over 25 years at 3.7%
- AED 1,189
Plus AED 15,120 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →