1-bed · 815 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 27th floor · completed 2008

2701, Concorde Tower

Sold prices and rental history: sold 4 times, last in July 2011, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 1 January 2020
Last soldAED 458K28 July 2011
Current rentAED 75K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Concorde Tower

What is 2701 worth today?

Last sold for AED 458,000 in 2011

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1 Jan 2020RentedRenewal
AED 75,000/yr12 months · AED 92 per sqft
1 Jan 2017RentedRenewal
AED 75,000/yr12 months · AED 92 per sqft
1 Jan 2016RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
28 Jul 2011SoldReady
AED 458,000AED 561 per sqft
13 Jun 2011SoldReady
AED 500,000AED 613 per sqft
7 Jun 2011SoldReady
AED 971,492AED 1,191 per sqft
22 Aug 2010Sold by developerOff-plan
AED 971,492AED 1,191 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2020.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
27th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,200 /yr
Last sold
AED 458K · July 2011

About 2701, Concorde Tower

2701 is a one-bedroom apartment of 815 sqft on the 27th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 28 July 2011 for AED 458,000, or AED 561 per sqft, 15% below the AED 663 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 75,000 a year: a gross yield of 16.4% on the 2011 price, before the service charge of about AED 16,200 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, 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, August 2010: AED 971,492 (AED 1,191 per sqft)Sold, June 2011: AED 500,000 (AED 613 per sqft)Sold, June 2011: AED 971,492 (AED 1,191 per sqft)Sold, July 2011: AED 458,000 (AED 561 per sqft)

2701 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2701, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical 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, January 2016: AED 75,000 a yearRenewal, January 2017: AED 75,000 a yearRenewal, January 2020: AED 75,000 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 2701 sits

All 389 1-beds →

2701 last sold in July 2011 at AED 561 per sqft, 15% below what one-beds in Concorde Tower were fetching at the time (AED 663). 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. 2701's AED 75,000 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 27th floor

All 470 units in Concorde Tower
Value
27021-bedAED 494K · Jan 2022
27031-bedAED 935K · Dec 2010
27041-bedAED 1.33M · Dec 2022
27051-bedAED 1.1M · Dec 2010
27061-bedAED 1.18M · Aug 2023
27071-bedAED 1.52M · Jun 2025
27081-bedAED 1.39M · Dec 2010
1–7 of 10

2701, Concorde Tower in numbers

  • Sold 4 times: first on 22 August 2010 for AED 971,492, last on 28 July 2011 for AED 458,000 (AED 561 per sqft).
  • Rented since January 2016 on 3 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2011 price is 16.4%, 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 1 January 2020.

Questions about 2701, Concorde Tower

What did unit 2701 last sell for?

AED 458,000 on 28 July 2011: AED 561 per sqft for 815 sqft. The unit has 4 registered sales; the first was AED 971,492 in August 2010.

What is the rent for unit 2701?

AED 75,000 a year on the contract renewed on 1 January 2020. The previous contract, from January 2017, was AED 75,000; the unit has been rented since January 2016.

How big is unit 2701?

815 sqft (75.7 sqm): a one-bedroom apartment on the 27th floor of a 43-storey tower completed in 2008.

What is unit 2701 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 2701, Concorde Tower

Starts from the last sale price (AED 458K, 28 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 458,000
Deposit, UAE resident (20%)
AED 91,600
Deposit, non-resident (40%)
AED 183,200
Monthly over 25 years at 3.7%
AED 1,874

Plus AED 22,146 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →