1-bed · 639 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 30th floor · completed 2008

3002, Concorde Tower

Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 453K4 August 2011
Current rentAED 73K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, Concorde Tower

What is 3002 worth today?

Last sold for AED 453,371 in 2011

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20 Dec 2024RentedNew contract
AED 73,000/yr12 months · AED 115 per sqft
31 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 102 per sqft
1 Nov 2021RentedRenewal
AED 40,000/yr12 months · AED 63 per sqft
1 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
1 Jun 2017RentedNew contract
AED 77,000/yr12 months · AED 121 per sqft
9 Mar 2014RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
4 Aug 2011Sold by developerReady
AED 453,371AED 709 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
639 sqft
Floor
30th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 12,700 /yr
Last sold
AED 453K · August 2011

About 3002, Concorde Tower

3002 is a one-bedroom apartment of 639 sqft on the 30th 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 4 August 2011 for AED 453,371, or AED 709 per sqft, 5% above the AED 675 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 20 December 2024, is AED 73,000 a year: a gross yield of 16.1% on the 2011 price, before the service charge of about AED 12,700 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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 2011: AED 453,371 (AED 709 per sqft)

3002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3002, 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, March 2014: AED 60,000 a yearNew contract, June 2017: AED 77,000 a yearNew contract, November 2020: AED 40,000 a yearRenewal, November 2021: AED 40,000 a yearRenewal, October 2023: AED 65,000 a yearNew contract, December 2024: AED 73,000 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 3002 sits

All 389 1-beds →

3002 last sold in August 2011 at AED 709 per sqft, 5% above what one-beds in Concorde Tower were fetching at the time (AED 675). 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. 3002's AED 73,000 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 30th floor

All 470 units in Concorde Tower
Value
30011-bedAED 900K · Apr 2016
30031-bedAED 935K · Jul 2016
30041-bedAED 1.09M · Nov 2014
3005AED 1.31M · Sep 2025
30061-bedAED 1.4M · May 2015
30071-bedAED 1.7M · Mar 2015
30081-bedAED 1.35M · Mar 2014
1–7 of 10

3002, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 4 August 2011 for AED 453,371, or AED 709 per sqft.
  • Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 73,000 by December 2024.
  • At AED 73,000 a year the gross yield on the 2011 price is 16.1%, 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 20 December 2024.

Questions about 3002, Concorde Tower

What did unit 3002 last sell for?

AED 453,371 on 4 August 2011, sold by the developer: AED 709 per sqft for 639 sqft. It is the only registered sale of the unit.

What is the rent for unit 3002?

AED 73,000 a year on the contract signed on 20 December 2024. The previous contract, from October 2023, was AED 65,000; the unit has been rented since March 2014.

How big is unit 3002?

639 sqft (59.4 sqm): a one-bedroom apartment on the 30th floor of a 43-storey tower completed in 2008.

What is unit 3002 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 3002, Concorde Tower

Starts from the last sale price (AED 453K, 4 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 453,371
Deposit, UAE resident (20%)
AED 90,674
Deposit, non-resident (40%)
AED 181,348
Monthly over 25 years at 3.7%
AED 1,855

Plus AED 21,952 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →