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

2907, Concorde Tower

Sold prices and rental history: sold 3 times, last in April 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 1.23M5 April 2023
Current rentAED 90K /yr23 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2907, Concorde Tower

What is 2907 worth today?

Last sold for AED 1,225,000 in 2023

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5 Apr 2023SoldReady
AED 1,225,000AED 851 per sqft
21 Mar 2017SoldReady
AED 1,257,000AED 873 per sqft
23 Jul 2016RentedRenewal
AED 90,000/yr12 months · AED 62 per sqft
23 Jul 2015RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
21 Feb 2011Sold by developerReady
AED 1,296,174AED 900 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2023.

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 · April 2023
Building
Concorde Tower

About 2907, Concorde Tower

2907 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 5 April 2023 for AED 1,225,000, or AED 851 per sqft, 3% above the AED 823 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 23 July 2016, is AED 90,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 28,700 a year.

Sales and rents for 2907 over time

Sales
Unit 2907, 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 1,257,000 (AED 873 per sqft)Sold, April 2023: AED 1,225,000 (AED 851 per sqft)

2907 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2907, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical 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, July 2015: AED 90,000 a yearRenewal, July 2016: AED 90,000 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 2907 sits

All 389 1-beds →

2907 last sold in April 2023 at AED 851 per sqft, 3% above what one-beds in Concorde Tower were fetching at the time (AED 823). 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. 2907's AED 90,000 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 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
29061-bedAED 1.23M · Mar 2024
29081-bedAED 1.22M · Jan 2016
1–7 of 10

2907, Concorde Tower in numbers

  • Sold 3 times: first on 21 February 2011 for AED 1,296,174, last on 5 April 2023 for AED 1,225,000 (AED 851 per sqft).
  • Rented since July 2015 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.3%, 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 5 April 2023.

Questions about 2907, Concorde Tower

What did unit 2907 last sell for?

AED 1,225,000 on 5 April 2023: AED 851 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 2907?

AED 90,000 a year on the contract renewed on 23 July 2016. The previous contract, from July 2015, was AED 90,000.

How big is unit 2907?

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 2907 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 2907, Concorde Tower

Starts from the last sale price (AED 1.23M, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

Plus AED 56,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →