3406, Concorde Tower
Sold prices and rental history: sold 4 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3406, Concorde Tower
What is 3406 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,439 sqft
- Floor
- 34th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 28,700 /yr
- Last sold
- AED 500K · September 2020
- Building
- Concorde Tower
About 3406, Concorde Tower
3406 is a one-bedroom apartment of 1,439 sqft on the 34th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 3 September 2020 for AED 500,000, or AED 347 per sqft, 46% below the AED 648 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 May 2024, is AED 65,000 a year: a gross yield of 13.0% on the 2020 price, before the service charge of about AED 28,700 a year.
Sales and rents for 3406 over time
3406 has sold 4 times; 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 3406 sits
All 389 1-beds →3406 last sold in September 2020 at AED 347 per sqft, 46% below what one-beds in Concorde Tower were fetching at the time (AED 648). 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. 3406's AED 65,000 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 | |
| 3402 | 1-bed | 639 sqft | AED 465KAED 464,617 · May 2015May 2015 | 90,000 /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 | |
| 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 |
3406, Concorde Tower in numbers
- Sold 4 times: first on 16 March 2011 for AED 611,498, last on 3 September 2020 for AED 500,000 (AED 347 per sqft).
- Rented since August 2013 on 6 Ejari contracts, from AED 40,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2020 price is 13.0%, before a service charge of about AED 28,700 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 May 2024.
Questions about 3406, Concorde Tower
What did unit 3406 last sell for?
AED 500,000 on 3 September 2020: AED 347 per sqft for 1,439 sqft. The unit has 4 registered sales; the first was AED 611,498 in March 2011.
What is the rent for unit 3406?
AED 65,000 a year on the contract signed on 10 May 2024. The previous contract, from January 2021, was AED 55,000; the unit has been rented since August 2013.
How big is unit 3406?
1,439 sqft (133.7 sqm): a one-bedroom apartment on the 34th floor of a 43-storey tower completed in 2008.
What is unit 3406 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 3406, Concorde Tower
Starts from the last sale price (AED 500K, 3 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →