Studio · 245 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2008

211, Concorde Tower

Sold prices and rental history: sold 5 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 275K7 March 2019
Current rentAED 61K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Concorde Tower

What is 211 worth today?

Last sold for AED 275,000 in 2019

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1 Jan 2024RentedNew contract
AED 61,000/yr12 months · AED 125 per sqft
10 Feb 2021RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
25 Jul 2019RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
7 Mar 2019SoldReady
AED 275,000AED 1,123 per sqft
24 May 2017RentedNew contract
AED 62,500/yr12 months · AED 129 per sqft
8 Sep 2014SoldReady
AED 717,000AED 1,464 per sqft
7 Sep 2013RentedNew contract
AED 54,000/yr12 months · AED 111 per sqft
21 Jan 2013RentedNew contract
AED 54,000/yr12 months · AED 111 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2024.

Key facts

Type
Studio apartment
Size
245 sqft
Floor
2nd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 4,900 /yr
Last sold
AED 275K · March 2019

About 211, Concorde Tower

211 is a studio of 245 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 7 March 2019 for AED 275,000, or AED 1,123 per sqft, 11% below the AED 1,260 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 January 2024, is AED 61,000 a year: a gross yield of 22.2% on the 2019 price, before the service charge of about AED 4,900 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical studio in Concorde Tower
250K500K750K2010201420182022Typical sale price by year: 2010 AED 271,933; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, February 2011: AED 244,775 (AED 500 per sqft)Sold, May 2012: AED 400,000 (AED 817 per sqft)Sold, December 2012: AED 490,000 (AED 1,000 per sqft)Sold, September 2014: AED 717,000 (AED 1,464 per sqft)Sold, March 2019: AED 275,000 (AED 1,123 per sqft)

211 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 211, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 56,000; 2015 AED 63,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,000; 2021 AED 32,000; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,063; 2025 AED 57,750; 2026 AED 57,750New contract, January 2013: AED 54,000 a yearNew contract, September 2013: AED 54,000 a yearNew contract, May 2017: AED 62,500 a yearNew contract, July 2019: AED 46,000 a yearNew contract, February 2021: AED 32,000 a yearNew contract, January 2024: AED 61,000 a year

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 211 sits

All 59 studios →

211 last sold in March 2019 at AED 1,123 per sqft, 11% below what studios in Concorde Tower were fetching at the time (AED 1,260). 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. 211's AED 61,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Mar 2025625,000
15 Oct 2024680,000
11 Jun 2024680,000
10 Jun 2024699,000
1 studio sale 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
2021-bedAED 720K · Sep 2016
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
1–7 of 12

211, Concorde Tower in numbers

  • Sold 5 times: first on 21 February 2011 for AED 244,775, last on 7 March 2019 for AED 275,000 (AED 1,123 per sqft).
  • Rented since January 2013 on 6 Ejari contracts. The rent fell from AED 54,000 to AED 32,000 in 2021 and recovered to AED 61,000 by January 2024.
  • At AED 61,000 a year the gross yield on the 2019 price is 22.2%, before a service charge of about AED 4,900 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 1 January 2024.

Questions about 211, Concorde Tower

What did unit 211 last sell for?

AED 275,000 on 7 March 2019: AED 1,123 per sqft for 245 sqft. The unit has 5 registered sales; the first was AED 244,775 in February 2011.

What is the rent for unit 211?

AED 61,000 a year on the contract signed on 1 January 2024. The previous contract, from February 2021, was AED 32,000; the unit has been rented since January 2013.

How big is unit 211?

245 sqft (22.8 sqm): a studio on the 2nd floor of a 43-storey tower completed in 2008.

What is unit 211 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 211, Concorde Tower

Starts from the last sale price (AED 275K, 7 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 275,000
Deposit, UAE resident (20%)
AED 55,000
Deposit, non-resident (40%)
AED 110,000
Monthly over 25 years at 3.7%
AED 1,125

Plus AED 14,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →