2304, Concorde Tower
Sold prices and rental history: sold twice, last in May 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Concorde Tower
What is 2304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 23rd of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 665K · May 2017
- Building
- Concorde Tower
About 2304, Concorde Tower
2304 is a studio of 505 sqft on the 23rd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 17 May 2017 for AED 665,000, or AED 1,316 per sqft, 5% below the AED 1,391 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 22 March 2025, is AED 65,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 10,100 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 59 studios →2304 last sold in May 2017 at AED 1,316 per sqft, 5% below what studios in Concorde Tower were fetching at the time (AED 1,391). 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. 2304's AED 65,000 is at the top 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 23rd floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 744 sqft | AED 1.05MAED 1,050,000 · Apr 2016April 2016 | 82,000 /yr | |
| 2302 | 1-bed | 675 sqft | AED 770KAED 770,000 · Dec 2023December 2023 | 69,127 /yr | |
| 2303 | 1-bed | 819 sqft | AED 775KAED 775,000 · Apr 2023April 2023 | 67,000 /yr | |
| 2305 | 1-bed | 955 sqft | AED 1.05MAED 1,050,000 · Sep 2024September 2024 | 55,000 /yr | |
| 2306 | 1-bed | 825 sqft | AED 700KAED 700,000 · Jul 2017July 2017 | 83,000 /yr | |
| 2307 | 1-bed | 1,432 sqft | AED 1.3MAED 1,300,000 · Feb 2015February 2015 | 120,000 /yr | |
| 2308 | 1-bed | 1,432 sqft | AED 1.42MAED 1,420,000 · Jun 2024June 2024 | 82,000 /yr | |
| 2309 | 1-bed | 971 sqft | AED 850KAED 850,000 · Feb 2013February 2013 | 86,000 /yr | |
| 2310 | 1-bed | 980 sqft | AED 880KAED 880,000 · Oct 2023October 2023 | 72,000 /yr | |
| 2311 | Studio | 505 sqft | AED 735KAED 735,000 · Jul 2017July 2017 | 54,000 /yr | |
| 2312 | 1-bed | 819 sqft | AED 890KAED 890,000 · Oct 2024October 2024 | 75,000 /yr | |
| 2313 | 1-bed | 675 sqft | AED 462KAED 462,420 · Jun 2011June 2011 | 55,000 /yr |
2304, Concorde Tower in numbers
- Sold twice: first on 14 October 2012 for AED 362,602, last on 17 May 2017 for AED 665,000 (AED 1,316 per sqft).
- Rented since July 2021 on 3 Ejari contracts, from AED 38,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2017 price is 9.8%, 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 22 March 2025.
Questions about 2304, Concorde Tower
What did unit 2304 last sell for?
AED 665,000 on 17 May 2017: AED 1,316 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 362,602 in October 2012.
What is the rent for unit 2304?
AED 65,000 a year on the contract signed on 22 March 2025. The previous contract, from July 2023, was AED 50,000; the unit has been rented since July 2021.
How big is unit 2304?
505 sqft (46.9 sqm): a studio on the 23rd floor of a 43-storey tower completed in 2008.
What is unit 2304 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 2304, Concorde Tower
Starts from the last sale price (AED 665K, 17 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus AED 32,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →