1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 3rd floor · completed 2008

307, Concorde Tower

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

Unit 307 · DLD and Ejari recordsUpdated 31 March 2023
Last soldAED 800K9 February 2011
Current rentAED 65K /yr31 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Concorde Tower

What is 307 worth today?

Last sold for AED 800,000 in 2011

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31 Mar 2023RentedRenewal
AED 65,000/yr12 months · AED 45 per sqft
31 Mar 2022RentedRenewal
AED 60,000/yr12 months · AED 42 per sqft
31 Mar 2020RentedRenewal
AED 68,000/yr12 months · AED 47 per sqft
1 Oct 2015RentedRenewal
AED 75,243/yr12 months · AED 53 per sqft
1 Oct 2014RentedNew contract
AED 71,660/yr12 months · AED 50 per sqft
9 Feb 2011Sold by developerReady
AED 800,000AED 558 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2023.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
3rd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 800K · February 2011

About 307, Concorde Tower

307 is a one-bedroom apartment of 1,432 sqft on the 3rd 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 9 February 2011 for AED 800,000, or AED 558 per sqft, 18% below the AED 679 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 31 March 2023, is AED 65,000 a year: a gross yield of 8.1% on the 2011 price, before the service charge of about AED 28,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 800,000 (AED 558 per sqft)

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

Rents
Unit 307, 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, October 2014: AED 71,660 a yearRenewal, October 2015: AED 75,243 a yearRenewal, March 2020: AED 68,000 a yearRenewal, March 2022: AED 60,000 a yearRenewal, March 2023: AED 65,000 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 307 sits

All 389 1-beds →

307 last sold in February 2011 at AED 558 per sqft, 18% below what one-beds in Concorde Tower were fetching at the time (AED 679). 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. 307's AED 65,000 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
3061-bedAED 1.1M · Oct 2024
3081-bedAED 1.03M · Dec 2022
1–7 of 12

307, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 9 February 2011 for AED 800,000, or AED 558 per sqft.
  • Rented since October 2014 on 5 Ejari contracts, from AED 71,660 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2011 price is 8.1%, before a service charge of about AED 28,500 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 31 March 2023.

Questions about 307, Concorde Tower

What did unit 307 last sell for?

AED 800,000 on 9 February 2011, sold by the developer: AED 558 per sqft for 1,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 65,000 a year on the contract renewed on 31 March 2023. The previous contract, from March 2022, was AED 60,000; the unit has been rented since October 2014.

How big is unit 307?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2008.

What is unit 307 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 307, Concorde Tower

Starts from the last sale price (AED 800K, 9 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →