1-bed · 1,184 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 31st floor · completed 2008

3108, Concorde Tower

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

Unit 3108 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 592K3 March 2011
Current rentAED 80K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3108, Concorde Tower

What is 3108 worth today?

Last sold for AED 591,860 in 2011

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5 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
1 Dec 2022RentedRenewal
AED 59,000/yr12 months · AED 50 per sqft
1 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
11 Nov 2017RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
1 Mar 2017RentedRenewal
AED 80,850/yr12 months · AED 68 per sqft
1 Mar 2015RentedRenewal
AED 77,000/yr12 months · AED 65 per sqft
1 Mar 2014RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
3 Mar 2011Sold by developerReady
AED 591,860AED 500 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2023.

Key facts

Type
1-bed apartment
Size
1,184 sqft
Floor
31st of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 23,600 /yr
Last sold
AED 592K · March 2011

About 3108, Concorde Tower

3108 is a one-bedroom apartment of 1,184 sqft on the 31st 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 3 March 2011 for AED 591,860, or AED 500 per sqft, 27% below the AED 684 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 December 2023, is AED 80,000 a year: a gross yield of 13.5% on the 2011 price, before the service charge of about AED 23,600 a year.

Sales and rents for 3108 over time

Sales
Unit 3108, 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 591,860 (AED 500 per sqft)

3108 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3108, 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 70,000 a yearRenewal, March 2015: AED 77,000 a yearRenewal, March 2017: AED 80,850 a yearNew contract, November 2017: AED 85,000 a yearNew contract, December 2021: AED 55,000 a yearRenewal, December 2022: AED 59,000 a yearNew contract, December 2023: AED 80,000 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 3108 sits

All 389 1-beds →

3108 last sold in March 2011 at AED 500 per sqft, 27% below what one-beds in Concorde Tower were fetching at the time (AED 684). 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. 3108's AED 80,000 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 31st floor

All 470 units in Concorde Tower
Value
31011-bedAED 905K · Mar 2014
31021-bedAED 505K · Jun 2011
31031-bedAED 457K · Dec 2010
31041-bedAED 1.5M · Jan 2025
3105AED 1.2M · Nov 2025
31061-bedAED 1.25M · Oct 2017
31071-bedAED 1M · Jul 2022
1–7 of 10

3108, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 3 March 2011 for AED 591,860, or AED 500 per sqft.
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2021 and recovered to AED 80,000 by December 2023.
  • At AED 80,000 a year the gross yield on the 2011 price is 13.5%, before a service charge of about AED 23,600 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 5 December 2023.

Questions about 3108, Concorde Tower

What did unit 3108 last sell for?

AED 591,860 on 3 March 2011, sold by the developer: AED 500 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 3108?

AED 80,000 a year on the contract signed on 5 December 2023. The previous contract, from December 2022, was AED 59,000; the unit has been rented since March 2014.

How big is unit 3108?

1,184 sqft (110.0 sqm): a one-bedroom apartment on the 31st floor of a 43-storey tower completed in 2008.

What is unit 3108 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 3108, Concorde Tower

Starts from the last sale price (AED 592K, 3 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 591,860
Deposit, UAE resident (20%)
AED 118,372
Deposit, non-resident (40%)
AED 236,744
Monthly over 25 years at 3.7%
AED 2,421

Plus AED 29,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →