1-bed · 825 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 3rd floor · completed 2008

306, Concorde Tower

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.1M22 October 2024
Current rentAED 48K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Concorde Tower

What is 306 worth today?

Last sold for AED 1,100,000 in 2024

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20 Dec 2024RentedNew contract
AED 48,000/yr24 months · AED 59 per sqft
22 Oct 2024SoldReady
AED 1,100,000AED 1,332 per sqft
12 Aug 2024SoldReady
AED 900,000AED 1,090 per sqft
28 May 2023RentedNew contract
AED 56,925/yr12 months · AED 69 per sqft
28 May 2020RentedNew contract
AED 47,000/yr12 months · AED 57 per sqft
5 Dec 2016RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
20 May 2013SoldReady
AED 690,000AED 835 per sqft
10 Mar 2011Sold by developerReady
AED 957,500AED 1,159 per sqft

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

Key facts

Type
1-bed apartment
Size
825 sqft
Floor
3rd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,400 /yr
Last sold
AED 1.1M · October 2024

About 306, Concorde Tower

306 is a one-bedroom apartment of 825 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 22 October 2024 for AED 1,100,000, or AED 1,332 per sqft, 22% above the AED 1,094 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 20 December 2024, is AED 48,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 16,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 957,500 (AED 1,159 per sqft)Sold, May 2013: AED 690,000 (AED 835 per sqft)Sold, August 2024: AED 900,000 (AED 1,090 per sqft)Sold, October 2024: AED 1,100,000 (AED 1,332 per sqft)

306 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical 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, December 2016: AED 75,000 a yearNew contract, May 2020: AED 47,000 a yearNew contract, May 2023: AED 56,925 a yearNew contract, December 2024: AED 48,000 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 306 sits

All 389 1-beds →

306 last sold in October 2024 at AED 1,332 per sqft, 22% above what one-beds in Concorde Tower were fetching at the time (AED 1,094). 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. 306's AED 48,000 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
3031-bedAED 460K · Sep 2011
304StudioAED 495K · Sep 2022
3051-bedAED 735K · Nov 2022
3071-bedAED 800K · Feb 2011
3081-bedAED 1.03M · Dec 2022
1–7 of 12

306, Concorde Tower in numbers

  • Sold 4 times: first on 10 March 2011 for AED 957,500, last on 22 October 2024 for AED 1,100,000 (AED 1,332 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 75,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 16,400 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 306, Concorde Tower

What did unit 306 last sell for?

AED 1,100,000 on 22 October 2024: AED 1,332 per sqft for 825 sqft. The unit has 4 registered sales; the first was AED 957,500 in March 2011.

What is the rent for unit 306?

AED 48,000 a year on the contract signed on 20 December 2024. The previous contract, from May 2023, was AED 56,925; the unit has been rented since December 2016.

How big is unit 306?

825 sqft (76.6 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2008.

What is unit 306 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 306, Concorde Tower

Starts from the last sale price (AED 1.1M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →