2902, Concorde Tower
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Concorde Tower
What is 2902 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 639 sqft
- Floor
- 29th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 12,700 /yr
- Last sold
- AED 451K · June 2011
- Building
- Concorde Tower
About 2902, Concorde Tower
2902 is a one-bedroom apartment of 639 sqft on the 29th 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 June 2011 for AED 450,559, or AED 705 per sqft, 5% above the AED 670 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 September 2023, is AED 65,000 a year: a gross yield of 14.4% on the 2011 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2902 over time
2902 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 2902 sits
All 389 1-beds →2902 last sold in June 2011 at AED 705 per sqft, 5% above what one-beds in Concorde Tower were fetching at the time (AED 670). 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. 2902'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 29th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 1-bed | 815 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 80,000 /yr | |
| 2903 | 1-bed | 783 sqft | AED 620KAED 620,000 · Jun 2021June 2021 | 75,000 /yr | |
| 2904 | 1-bed | 1,493 sqft | AED 1.6MAED 1,600,000 · Feb 2025February 2025 | 93,000 /yr | |
| 2905 | 1-bed | 933 sqft | AED 725KAED 725,000 · Dec 2021December 2021 | 44,875 /yr | |
| 2906 | 1-bed | 1,439 sqft | AED 1.23MAED 1,233,750 · Mar 2024March 2024 | 60,167 /yr | |
| 2907 | 1-bed | 1,439 sqft | AED 1.23MAED 1,225,000 · Apr 2023April 2023 | 90,000 /yr | |
| 2908 | 1-bed | 1,184 sqft | AED 1.22MAED 1,220,000 · Jan 2016January 2016 | 90,000 /yr | |
| 2909 | 1-bed | 1,185 sqft | AED 879KAED 878,750 · Nov 2023November 2023 | 95,000 /yr | |
| 2910 | 1-bed | 783 sqft | AED 920KAED 920,000 · Sep 2024September 2024 | 47,000 /yr | |
| 2911 | 1-bed | 639 sqft | AED 499KAED 498,819 · Jun 2011June 2011 | 70,000 /yr |
2902, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 23 June 2011 for AED 450,559, or AED 705 per sqft.
- Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 38,000 in 2021 and recovered to AED 65,000 by September 2023.
- At AED 65,000 a year the gross yield on the 2011 price is 14.4%, 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 15 September 2023.
Questions about 2902, Concorde Tower
What did unit 2902 last sell for?
AED 450,559 on 23 June 2011, sold by the developer: AED 705 per sqft for 639 sqft. It is the only registered sale of the unit.
What is the rent for unit 2902?
AED 65,000 a year on the contract signed on 15 September 2023. The previous contract, from August 2022, was AED 50,000; the unit has been rented since May 2014.
How big is unit 2902?
639 sqft (59.4 sqm): a one-bedroom apartment on the 29th floor of a 43-storey tower completed in 2008.
What is unit 2902 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 2902, Concorde Tower
Starts from the last sale price (AED 451K, 23 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 450,559
- Deposit, UAE resident (20%)
- AED 90,112
- Deposit, non-resident (40%)
- AED 180,224
- Monthly over 25 years at 3.7%
- AED 1,843
Plus AED 21,833 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →