1-bed · 1,184 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 33rd floor · completed 2008

3308, Concorde Tower

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3308 · DLD and Ejari recordsUpdated 14 November 2021
Last soldAED 790K14 November 2021
Current rentAED 53K /yr5 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3308, Concorde Tower

What is 3308 worth today?

Last sold for AED 790,000 in 2021

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14 Nov 2021SoldReady
AED 790,000AED 667 per sqft
5 Nov 2020RentedRenewal
AED 53,000/yr12 months · AED 45 per sqft
5 Nov 2018RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
28 Jul 2017RentedNew contract
AED 84,000/yr12 months · AED 71 per sqft
30 Sep 2014RentedNew contract
AED 74,257/yr12 months · AED 63 per sqft
30 Sep 2013RentedNew contract
AED 64,641/yr12 months · AED 55 per sqft
19 Apr 2011Sold by developerReady
AED 500,000AED 422 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2021.

Key facts

Type
1-bed apartment
Size
1,184 sqft
Floor
33rd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 23,600 /yr
Last sold
AED 790K · November 2021

About 3308, Concorde Tower

3308 is a one-bedroom apartment of 1,184 sqft on the 33rd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 14 November 2021 for AED 790,000, or AED 667 per sqft, in line with the AED 667 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 5 November 2020, is AED 53,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 23,600 a year.

Sales and rents for 3308 over time

Sales
Unit 3308, 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, April 2011: AED 500,000 (AED 422 per sqft)Sold, November 2021: AED 790,000 (AED 667 per sqft)

3308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3308, 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, September 2013: AED 64,641 a yearNew contract, September 2014: AED 74,257 a yearNew contract, July 2017: AED 84,000 a yearNew contract, November 2018: AED 70,000 a yearRenewal, November 2020: AED 53,000 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 3308 sits

All 389 1-beds →

3308 last sold in November 2021 at AED 667 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 667). 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. 3308's AED 53,000 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 33rd floor

All 470 units in Concorde Tower
Value
33011-bedAED 540K · Nov 2020
33021-bedAED 681K · Apr 2013
33031-bedAED 911K · Jan 2015
33041-bedAED 1.43M · Sep 2013
33051-bedAED 1.22M · Feb 2015
33061-bedAED 1.35M · Aug 2023
33071-bedAED 1.59M · Dec 2010
1–7 of 10

3308, Concorde Tower in numbers

  • Sold twice: first on 19 April 2011 for AED 500,000, last on 14 November 2021 for AED 790,000 (AED 667 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 64,641 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2021 price is 6.7%, 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 14 November 2021.

Questions about 3308, Concorde Tower

What did unit 3308 last sell for?

AED 790,000 on 14 November 2021: AED 667 per sqft for 1,184 sqft. The unit has 2 registered sales; the first was AED 500,000 in April 2011.

What is the rent for unit 3308?

AED 53,000 a year on the contract renewed on 5 November 2020. The previous contract, from November 2018, was AED 70,000; the unit has been rented since September 2013.

How big is unit 3308?

1,184 sqft (110.0 sqm): a one-bedroom apartment on the 33rd floor of a 43-storey tower completed in 2008.

What is unit 3308 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 3308, Concorde Tower

Starts from the last sale price (AED 790K, 14 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →