1-bed · 753 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 3rd floor · completed 2008

303, Concorde Tower

Sold prices and rental history: sold twice, last in September 2011, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 25 January 2017
Last soldAED 460K11 September 2011
Current rentAED 75K /yr25 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Concorde Tower

What is 303 worth today?

Last sold for AED 460,000 in 2011

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25 Jan 2017RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
26 Nov 2014RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft
11 Sep 2011SoldReady
AED 460,000AED 610 per sqft
8 Mar 2011Sold by developerReady
AED 526,902AED 699 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2017.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
3rd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 15,000 /yr
Last sold
AED 460K · September 2011

About 303, Concorde Tower

303 is a one-bedroom apartment of 753 sqft on the 3rd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 11 September 2011 for AED 460,000, or AED 610 per sqft, 10% below the AED 675 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 25 January 2017, is AED 75,000 a year: a gross yield of 16.3% on the 2011 price, before the service charge of about AED 15,000 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, March 2011: AED 526,902 (AED 699 per sqft)Sold, September 2011: AED 460,000 (AED 610 per sqft)

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

Rents
Unit 303, 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, November 2014: AED 90,000 a yearNew contract, January 2017: AED 75,000 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 303 sits

All 389 1-beds →

303 last sold in September 2011 at AED 610 per sqft, 10% below 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. 303's AED 75,000 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 3rd floor

All 470 units in Concorde Tower
Value
3011-bedAED 499K · Jan 2022
3021-bedAED 680K · Aug 2024
304StudioAED 495K · Sep 2022
3051-bedAED 735K · Nov 2022
3061-bedAED 1.1M · Oct 2024
3071-bedAED 800K · Feb 2011
3081-bedAED 1.03M · Dec 2022
1–7 of 12

303, Concorde Tower in numbers

  • Sold twice: first on 8 March 2011 for AED 526,902, last on 11 September 2011 for AED 460,000 (AED 610 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 90,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2011 price is 16.3%, before a service charge of about AED 15,000 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 25 January 2017.

Questions about 303, Concorde Tower

What did unit 303 last sell for?

AED 460,000 on 11 September 2011: AED 610 per sqft for 753 sqft. The unit has 2 registered sales; the first was AED 526,902 in March 2011.

What is the rent for unit 303?

AED 75,000 a year on the contract signed on 25 January 2017. The previous contract, from November 2014, was AED 90,000.

How big is unit 303?

753 sqft (70.0 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2008.

What is unit 303 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 303, Concorde Tower

Starts from the last sale price (AED 460K, 11 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

Plus AED 22,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →