Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 3rd floor · completed 2008

304, Concorde Tower

Sold prices and rental history: sold 3 times, last in September 2022, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 9 September 2022
Last soldAED 495K9 September 2022
Current rentAED 52K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Concorde Tower

What is 304 worth today?

Last sold for AED 495,000 in 2022

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9 Sep 2022SoldReady
AED 495,000AED 980 per sqft
1 Aug 2018RentedNew contract
AED 52,000/yr12 months · AED 103 per sqft
11 Aug 2016SoldReady
AED 670,000AED 1,326 per sqft
15 Feb 2016Sold by developerReady
AED 351,281AED 695 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2022.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
3rd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 495K · September 2022

About 304, Concorde Tower

304 is a studio of 505 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 9 September 2022 for AED 495,000, or AED 980 per sqft, in line with the AED 980 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2018. The current contract, signed on 1 August 2018, is AED 52,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 10,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Concorde Tower
200K400K600K2010201420182022Typical sale price by year: 2010 AED 271,933; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, February 2016: AED 351,281 (AED 695 per sqft)Sold, August 2016: AED 670,000 (AED 1,326 per sqft)Sold, September 2022: AED 495,000 (AED 980 per sqft)

304 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 304, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 56,000; 2015 AED 63,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,000; 2021 AED 32,000; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,063; 2025 AED 57,750; 2026 AED 57,750New contract, August 2018: AED 52,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Concorde Tower, and where 304 sits

All 59 studios →

304 last sold in September 2022 at AED 980 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 980). Over the last 12 months studios sold for AED 830,000, around AED 1,643 per sqft, and rent for AED 56,000 to 65,000 a year. 304's AED 52,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Mar 2025625,000
15 Oct 2024680,000
11 Jun 2024680,000
10 Jun 2024699,000
1 studio sale 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
3031-bedAED 460K · Sep 2011
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

304, Concorde Tower in numbers

  • Sold 3 times: first on 15 February 2016 for AED 351,281, last on 9 September 2022 for AED 495,000 (AED 980 per sqft).
  • Rented since August 2018 on one Ejari contract, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 10,100 a year (AED 19.92 per sqft).
  • Studios in Concorde Tower sold for AED 830,000–830,000 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 9 September 2022.

Questions about 304, Concorde Tower

What did unit 304 last sell for?

AED 495,000 on 9 September 2022: AED 980 per sqft for 505 sqft. The unit has 3 registered sales; the first was AED 351,281 in February 2016.

What is the rent for unit 304?

AED 52,000 a year on the contract signed on 1 August 2018.

How big is unit 304?

505 sqft (46.9 sqm): a studio on the 3rd floor of a 43-storey tower completed in 2008.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Concorde Tower sold for AED 830,000 to 830,000 in the last 12 months, around AED 1,643 per sqft.

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Mortgage on 304, Concorde Tower

Starts from the last sale price (AED 495K, 9 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →