3402, Concorde Tower
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3402, Concorde Tower
What is 3402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 639 sqft
- Floor
- 34th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 12,700 /yr
- Last sold
- AED 465K · May 2015
- Building
- Concorde Tower
About 3402, Concorde Tower
3402 is a one-bedroom apartment of 639 sqft on the 34th 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 464,617, or AED 727 per sqft, 35% below the AED 1,119 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 12 June 2024, is AED 90,000 a year: a gross yield of 19.4% on the 2015 price, before the service charge of about AED 12,700 a year.
Sales and rents for 3402 over time
3402 has sold once; the dashed line is the one-bed median of each year in the building.
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 3402 sits
All 389 1-beds →3402 last sold in May 2015 at AED 727 per sqft, 35% 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. 3402's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 744 sqft | 950,000 | 1,277 | ||
| 30 Jan 202630 January 2026 | 639 sqft | 1,150,000 | 1,800 | ||
| 30 Jan 202630 January 2026 | 1,439 sqft | 1,440,000 | 1,000 | ||
| 29 Jan 202629 January 2026 | 980 sqft | 1,200,000 | 1,224 |
Concorde Tower
Building470 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%
Other units on the 34th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 1-bed | 815 sqft | AED 796KAED 796,000 · May 2013May 2013 | 80,000 /yr | |
| 3403 | 1-bed | 783 sqft | AED 415KAED 415,000 · Sep 2011September 2011 | 70,703 /yr | |
| 3404 | 1-bed | 1,493 sqft | AED 627KAED 627,060 · Apr 2011April 2011 | ||
| 3405 | 1-bed | 933 sqft | AED 933KAED 933,337 · May 2023May 2023 | 98,000 /yr | |
| 3406 | 1-bed | 1,439 sqft | AED 500KAED 500,000 · Sep 2020September 2020 | 65,000 /yr | |
| 3407 | 1-bed | 1,439 sqft | AED 1.35MAED 1,350,000 · Apr 2024April 2024 | 99,000 /yr | |
| 3408 | 1-bed | 1,184 sqft | AED 592KAED 591,860 · Mar 2011March 2011 | 71,500 /yr | |
| 3409 | 1-bed | 1,281 sqft | AED 590KAED 590,000 · May 2021May 2021 | 56,000 /yr | |
| 3410 | 1-bed | 783 sqft | AED 980KAED 980,000 · Jun 2015June 2015 | 71,000 /yr | |
| 3411 | 1-bed | 639 sqft | AED 840KAED 840,000 · Jul 2025July 2025 |
3402, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 26 May 2015 for AED 464,617, or AED 727 per sqft.
- Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2021 and recovered to AED 90,000 by June 2024.
- At AED 90,000 a year the gross yield on the 2015 price is 19.4%, 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 12 June 2024.
Questions about 3402, Concorde Tower
What did unit 3402 last sell for?
AED 464,617 on 26 May 2015, sold by the developer: AED 727 per sqft for 639 sqft. It is the only registered sale of the unit.
What is the rent for unit 3402?
AED 90,000 a year on the contract signed on 12 June 2024. The previous contract, from January 2021, was AED 40,000; the unit has been rented since June 2015.
How big is unit 3402?
639 sqft (59.4 sqm): a one-bedroom apartment on the 34th floor of a 43-storey tower completed in 2008.
What is unit 3402 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 3402, Concorde Tower
Starts from the last sale price (AED 465K, 26 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 464,617
- Deposit, UAE resident (20%)
- AED 92,923
- Deposit, non-resident (40%)
- AED 185,847
- Monthly over 25 years at 3.7%
- AED 1,901
Plus AED 22,424 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →