2511, Concorde Tower
Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2511, Concorde Tower
What is 2511 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 639 sqft
- Floor
- 25th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 12,700 /yr
- Last sold
- AED 439K · November 2014
- Building
- Concorde Tower
About 2511, Concorde Tower
2511 is a one-bedroom apartment of 639 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 23 November 2014 for AED 439,313, or AED 687 per sqft, 38% below the AED 1,109 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 29 February 2024, is AED 65,000 a year: a gross yield of 14.8% on the 2014 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2511 over time
2511 has sold once; the dashed line is the one-bed median of each year in the building.
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 2511 sits
All 389 1-beds →2511 last sold in November 2014 at AED 687 per sqft, 38% below what one-beds in Concorde Tower were fetching at the time (AED 1,109). 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. 2511's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 744 sqft | 950,000 | 1,277 | ||
| 30 Jan 202630 January 2026 | 639 sqft | 1,150,000 | 1,800 | ||
| 30 Jan 202630 January 2026 | 1,439 sqft | 1,440,000 | 1,000 | ||
| 29 Jan 202629 January 2026 | 980 sqft | 1,200,000 | 1,224 |
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 25th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 815 sqft | AED 555KAED 554,925 · Jun 2015June 2015 | 45,000 /yr | |
| 2503 | 1-bed | 783 sqft | AED 835KAED 835,000 · May 2018May 2018 | 73,000 /yr | |
| 2504 | 1-bed | 1,493 sqft | AED 1.05MAED 1,050,000 · Dec 2022December 2022 | 150,000 /yr | |
| 2505 | 1-bed | 933 sqft | AED 1.23MAED 1,225,000 · Mar 2014March 2014 | 75,000 /yr | |
| 2506 | 1-bed | 1,439 sqft | AED 1.56MAED 1,560,000 · Oct 2024October 2024 | 125,000 /yr | |
| 2507 | 1-bed | 1,439 sqft | AED 980KAED 980,000 · Jan 2022January 2022 | 75,000 /yr | |
| 2508 | 1-bed | 1,184 sqft | AED 1.28MAED 1,275,000 · Feb 2025February 2025 | 15,000 /yr | |
| 2509 | 1-bed | 1,281 sqft | AED 1.17MAED 1,170,000 · Mar 2016March 2016 | 110,000 /yr | |
| 2510 | 1-bed | 783 sqft | AED 950KAED 950,000 · Feb 2025February 2025 | 65,000 /yr |
2511, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 23 November 2014 for AED 439,313, or AED 687 per sqft.
- Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 35,000 in 2020 and recovered to AED 65,000 by February 2024.
- At AED 65,000 a year the gross yield on the 2014 price is 14.8%, before a service charge of about AED 12,700 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 29 February 2024.
Questions about 2511, Concorde Tower
What did unit 2511 last sell for?
AED 439,313 on 23 November 2014, sold by the developer: AED 687 per sqft for 639 sqft. It is the only registered sale of the unit.
What is the rent for unit 2511?
AED 65,000 a year on the contract renewed on 29 February 2024. The previous contract, from March 2023, was AED 65,187; the unit has been rented since June 2013.
How big is unit 2511?
639 sqft (59.4 sqm): a one-bedroom apartment on the 25th floor of a 43-storey tower completed in 2008.
What is unit 2511 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 2511, Concorde Tower
Starts from the last sale price (AED 439K, 23 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 439,313
- Deposit, UAE resident (20%)
- AED 87,863
- Deposit, non-resident (40%)
- AED 175,725
- Monthly over 25 years at 3.7%
- AED 1,797
Plus AED 21,362 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →