1-bed · 933 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2008

2905, Concorde Tower

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2905 · DLD and Ejari recordsUpdated 6 December 2021
Last soldAED 725K6 December 2021
Current rentAED 45K /yr28 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2905, Concorde Tower

What is 2905 worth today?

Last sold for AED 725,000 in 2021

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6 Dec 2021SoldReady
AED 725,000AED 777 per sqft
28 Nov 2021RentedNew contract
AED 44,875/yr12 months · AED 48 per sqft
2 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
29 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
10 Jun 2017RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
26 Jan 2015RentedNew contract
AED 82,000/yr12 months · AED 88 per sqft
23 Jan 2014RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
27 Aug 2013SoldReady
AED 860,000AED 921 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 December 2021.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
29th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 18,600 /yr
Last sold
AED 725K · December 2021

About 2905, Concorde Tower

2905 is a one-bedroom apartment of 933 sqft on the 29th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 6 December 2021 for AED 725,000, or AED 777 per sqft, 15% above the AED 674 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 28 November 2021, is AED 44,875 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 18,600 a year.

Sales and rents for 2905 over time

Sales
Unit 2905, 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, November 2012: AED 728,716 (AED 781 per sqft)Sold, August 2013: AED 860,000 (AED 921 per sqft)Sold, December 2021: AED 725,000 (AED 777 per sqft)

2905 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2905, each contractTypical one-bed in Concorde Tower
50K75K20112015201920232027Typical 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 2014: AED 85,000 a yearNew contract, January 2015: AED 82,000 a yearNew contract, June 2017: AED 80,000 a yearNew contract, June 2020: AED 40,000 a yearNew contract, August 2021: AED 50,000 a yearNew contract, November 2021: AED 44,875 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 2905 sits

All 389 1-beds →

2905 last sold in December 2021 at AED 777 per sqft, 15% above what one-beds in Concorde Tower were fetching at the time (AED 674). 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. 2905's AED 44,875 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 29th floor

All 470 units in Concorde Tower
Value
29011-bedAED 1M · Jul 2024
29021-bedAED 451K · Jun 2011
29031-bedAED 620K · Jun 2021
29041-bedAED 1.6M · Feb 2025
29061-bedAED 1.23M · Mar 2024
29071-bedAED 1.23M · Apr 2023
29081-bedAED 1.22M · Jan 2016
1–7 of 10

2905, Concorde Tower in numbers

  • Sold 3 times: first on 12 November 2012 for AED 728,716, last on 6 December 2021 for AED 725,000 (AED 777 per sqft).
  • Rented since January 2014 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2020 and recovered to AED 44,875 by November 2021.
  • At AED 44,875 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 18,600 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 6 December 2021.

Questions about 2905, Concorde Tower

What did unit 2905 last sell for?

AED 725,000 on 6 December 2021: AED 777 per sqft for 933 sqft. The unit has 3 registered sales; the first was AED 728,716 in November 2012.

What is the rent for unit 2905?

AED 44,875 a year on the contract signed on 28 November 2021. The previous contract, from August 2021, was AED 50,000; the unit has been rented since January 2014.

How big is unit 2905?

933 sqft (86.7 sqm): a one-bedroom apartment on the 29th floor of a 43-storey tower completed in 2008.

What is unit 2905 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 2905, Concorde Tower

Starts from the last sale price (AED 725K, 6 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

Plus AED 35,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →