1-bed · 1,439 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2008

2906, Concorde Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 1.23M6 March 2024
Current rentAED 60K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, Concorde Tower

What is 2906 worth today?

Last sold for AED 1,233,750 in 2024

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6 Mar 2024SoldReady
AED 1,233,750AED 857 per sqft
15 Jul 2023RentedNew contract
AED 60,167/yr12 months · AED 42 per sqft
15 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 35 per sqft
15 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 38 per sqft
1 Feb 2020RentedNew contract
AED 73,000/yr12 months · AED 51 per sqft
1 Feb 2019RentedNew contract
AED 86,000/yr12 months · AED 60 per sqft
20 Mar 2017SoldReady
AED 630,000AED 437 per sqft
14 Nov 2016RentedRenewal
AED 103,000/yr12 months · AED 71 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2024.

Key facts

Type
1-bed apartment
Size
1,439 sqft
Floor
29th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,700 /yr
Last sold
AED 1.23M · March 2024

About 2906, Concorde Tower

2906 is a one-bedroom apartment of 1,439 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 March 2024 for AED 1,233,750, or AED 857 per sqft, 12% below the AED 976 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 July 2023, is AED 60,167 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 28,700 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, 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, February 2011: AED 1,296,174 (AED 900 per sqft)Sold, March 2017: AED 630,000 (AED 437 per sqft)Sold, March 2024: AED 1,233,750 (AED 857 per sqft)

2906 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2906, each contractTypical one-bed in Concorde Tower
50K100K20112015201920232027Typical 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 2014: AED 75,000 a yearNew contract, November 2015: AED 103,000 a yearRenewal, November 2016: AED 103,000 a yearNew contract, February 2019: AED 86,000 a yearNew contract, February 2020: AED 73,000 a yearNew contract, March 2021: AED 55,000 a yearNew contract, March 2022: AED 50,000 a yearNew contract, July 2023: AED 60,167 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 2906 sits

All 389 1-beds →

2906 last sold in March 2024 at AED 857 per sqft, 12% below what one-beds in Concorde Tower were fetching at the time (AED 976). 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. 2906's AED 60,167 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
29051-bedAED 725K · Dec 2021
29071-bedAED 1.23M · Apr 2023
29081-bedAED 1.22M · Jan 2016
1–7 of 10

2906, Concorde Tower in numbers

  • Sold 3 times: first on 21 February 2011 for AED 1,296,174, last on 6 March 2024 for AED 1,233,750 (AED 857 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2022 and recovered to AED 60,167 by July 2023.
  • At AED 60,167 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 28,700 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 6 March 2024.

Questions about 2906, Concorde Tower

What did unit 2906 last sell for?

AED 1,233,750 on 6 March 2024: AED 857 per sqft for 1,439 sqft. The unit has 3 registered sales; the first was AED 1,296,174 in February 2011.

What is the rent for unit 2906?

AED 60,167 a year on the contract signed on 15 July 2023. The previous contract, from March 2022, was AED 50,000; the unit has been rented since October 2014.

How big is unit 2906?

1,439 sqft (133.7 sqm): a one-bedroom apartment on the 29th floor of a 43-storey tower completed in 2008.

What is unit 2906 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 2906, Concorde Tower

Starts from the last sale price (AED 1.23M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,233,750
Deposit, UAE resident (20%)
AED 246,750
Deposit, non-resident (40%)
AED 493,500
Monthly over 25 years at 3.7%
AED 5,048

Plus AED 56,828 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →