1-bed · 639 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 31st floor · completed 2008

3111, Concorde Tower

Sold prices and rental history: sold once, by the developer in May 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3111 · DLD and Ejari recordsUpdated 10 June 2021
Last soldAED 456K26 May 2015
Current rentAED 45K /yr10 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3111, Concorde Tower

What is 3111 worth today?

Last sold for AED 456,182 in 2015

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10 Jun 2021RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
26 May 2015Sold by developerReady
AED 456,182AED 714 per sqft
1 Nov 2013RentedNew contract
AED 65,000/yr12 months · AED 102 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2021.

Key facts

Type
1-bed apartment
Size
639 sqft
Floor
31st of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 12,700 /yr
Last sold
AED 456K · May 2015

About 3111, Concorde Tower

3111 is a one-bedroom apartment of 639 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 26 May 2015 for AED 456,182, or AED 714 per sqft, 36% below the AED 1,119 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 10 June 2021, is AED 45,000 a year: a gross yield of 9.9% on the 2015 price, before the service charge of about AED 12,700 a year.

Sales and rents for 3111 over time

Sales
Unit 3111, 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, May 2015: AED 456,182 (AED 714 per sqft)

3111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3111, 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 2013: AED 65,000 a yearNew contract, June 2021: AED 45,000 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 3111 sits

All 389 1-beds →

3111 last sold in May 2015 at AED 714 per sqft, 36% below what one-beds in Concorde Tower were fetching at the time (AED 1,119). 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. 3111's AED 45,000 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

3111, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 26 May 2015 for AED 456,182, or AED 714 per sqft.
  • Rented since November 2013 on 2 Ejari contracts, from AED 65,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 9.9%, before a service charge of about AED 12,700 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 10 June 2021.

Questions about 3111, Concorde Tower

What did unit 3111 last sell for?

AED 456,182 on 26 May 2015, sold by the developer: AED 714 per sqft for 639 sqft. It is the only registered sale of the unit.

What is the rent for unit 3111?

AED 45,000 a year on the contract signed on 10 June 2021. The previous contract, from November 2013, was AED 65,000.

How big is unit 3111?

639 sqft (59.4 sqm): a one-bedroom apartment on the 31st floor of a 43-storey tower completed in 2008.

What is unit 3111 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 3111, Concorde Tower

Starts from the last sale price (AED 456K, 26 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 456,182
Deposit, UAE resident (20%)
AED 91,236
Deposit, non-resident (40%)
AED 182,473
Monthly over 25 years at 3.7%
AED 1,866

Plus AED 22,069 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →