1-bed · 815 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 25th floor · completed 2008

2501, Concorde Tower

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 20 March 2021
Last soldAED 555K21 June 2015
Current rentAED 45K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, Concorde Tower

What is 2501 worth today?

Last sold for AED 554,925 in 2015

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20 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
18 Mar 2020RentedNew contract
AED 53,000/yr12 months · AED 65 per sqft
1 Nov 2018RentedNew contract
AED 59,000/yr12 months · AED 72 per sqft
9 Oct 2015RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
21 Jun 2015Sold by developerReady
AED 554,925AED 680 per sqft
9 Oct 2014RentedNew contract
AED 59,000/yr12 months · AED 72 per sqft
9 Oct 2013RentedNew contract
AED 47,000/yr12 months · AED 57 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2021.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
25th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,200 /yr
Last sold
AED 555K · June 2015

About 2501, Concorde Tower

2501 is a one-bedroom apartment of 815 sqft on the 25th 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 21 June 2015 for AED 554,925, or AED 680 per sqft, 33% below the AED 1,012 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 20 March 2021, is AED 45,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 16,200 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, June 2015: AED 554,925 (AED 680 per sqft)

2501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2501, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical 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, October 2013: AED 47,000 a yearNew contract, October 2014: AED 59,000 a yearRenewal, October 2015: AED 70,000 a yearNew contract, November 2018: AED 59,000 a yearNew contract, March 2020: AED 53,000 a yearNew contract, March 2021: AED 45,000 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 2501 sits

All 389 1-beds →

2501 last sold in June 2015 at AED 680 per sqft, 33% below what one-beds in Concorde Tower were fetching at the time (AED 1,012). 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. 2501's AED 45,000 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 25th floor

All 470 units in Concorde Tower
Value
25031-bedAED 835K · May 2018
25041-bedAED 1.05M · Dec 2022
25051-bedAED 1.23M · Mar 2014
25061-bedAED 1.56M · Oct 2024
25071-bedAED 980K · Jan 2022
25081-bedAED 1.28M · Feb 2025
25091-bedAED 1.17M · Mar 2016
1–7 of 9

2501, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 21 June 2015 for AED 554,925, or AED 680 per sqft.
  • Rented since October 2013 on 6 Ejari contracts, from AED 47,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 16,200 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 20 March 2021.

Questions about 2501, Concorde Tower

What did unit 2501 last sell for?

AED 554,925 on 21 June 2015, sold by the developer: AED 680 per sqft for 815 sqft. It is the only registered sale of the unit.

What is the rent for unit 2501?

AED 45,000 a year on the contract signed on 20 March 2021. The previous contract, from March 2020, was AED 53,000; the unit has been rented since October 2013.

How big is unit 2501?

815 sqft (75.7 sqm): a one-bedroom apartment on the 25th floor of a 43-storey tower completed in 2008.

What is unit 2501 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 2501, Concorde Tower

Starts from the last sale price (AED 555K, 21 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 554,925
Deposit, UAE resident (20%)
AED 110,985
Deposit, non-resident (40%)
AED 221,970
Monthly over 25 years at 3.7%
AED 2,270

Plus AED 28,317 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →