1-bed · 738 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 32nd floor · completed 2008

3203, Concorde Tower

Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 10 December 2023
Last soldAED 840K9 November 2017
Current rentAED 75K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Concorde Tower

What is 3203 worth today?

Last sold for AED 840,000 in 2017

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10 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft
13 Nov 2022RentedRenewal
AED 55,000/yr12 months · AED 74 per sqft
13 Nov 2020RentedRenewal
AED 43,500/yr12 months · AED 59 per sqft
13 Nov 2019RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
25 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
9 Nov 2017SoldReady
AED 840,000AED 1,138 per sqft
17 Aug 2017RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
15 Aug 2016RentedNew contract
AED 77,000/yr12 months · AED 104 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2023.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
32nd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 14,700 /yr
Last sold
AED 840K · November 2017

About 3203, Concorde Tower

3203 is a one-bedroom apartment of 738 sqft on the 32nd 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 November 2017 for AED 840,000, or AED 1,138 per sqft, 14% above the AED 1,000 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 10 December 2023, is AED 75,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 14,700 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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 2012: AED 546,750 (AED 740 per sqft)Sold, January 2013: AED 700,000 (AED 948 per sqft)Sold, November 2017: AED 840,000 (AED 1,138 per sqft)

3203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3203, 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, July 2014: AED 87,000 a yearNew contract, August 2016: AED 77,000 a yearNew contract, August 2017: AED 70,000 a yearNew contract, October 2018: AED 65,000 a yearNew contract, November 2019: AED 52,000 a yearRenewal, November 2020: AED 43,500 a yearRenewal, November 2022: AED 55,000 a yearNew contract, December 2023: AED 75,000 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 3203 sits

All 389 1-beds →

3203 last sold in November 2017 at AED 1,138 per sqft, 14% above what one-beds in Concorde Tower were fetching at the time (AED 1,000). 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. 3203's AED 75,000 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 32nd floor

All 470 units in Concorde Tower
Value
32011-bedAED 785K · Aug 2022
32021-bedAED 492K · Sep 2011
32041-bedAED 800K · Jul 2019
32051-bedAED 1M · Mar 2024
32061-bedAED 1.07M · Jul 2021
32071-bedAED 1.44M · Jan 2026
32081-bedAED 1M · Feb 2024
1–7 of 10

3203, Concorde Tower in numbers

  • Sold 3 times: first on 6 March 2012 for AED 546,750, last on 9 November 2017 for AED 840,000 (AED 1,138 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 87,000 to AED 43,500 in 2020 and recovered to AED 75,000 by December 2023.
  • At AED 75,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 14,700 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 December 2023.

Questions about 3203, Concorde Tower

What did unit 3203 last sell for?

AED 840,000 on 9 November 2017: AED 1,138 per sqft for 738 sqft. The unit has 3 registered sales; the first was AED 546,750 in March 2012.

What is the rent for unit 3203?

AED 75,000 a year on the contract signed on 10 December 2023. The previous contract, from November 2022, was AED 55,000; the unit has been rented since July 2014.

How big is unit 3203?

738 sqft (68.6 sqm): a one-bedroom apartment on the 32nd floor of a 43-storey tower completed in 2008.

What is unit 3203 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 3203, Concorde Tower

Starts from the last sale price (AED 840K, 9 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

Plus AED 40,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →