1-bed · 1,184 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 34th floor · completed 2008

3408, Concorde Tower

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 592K8 March 2011
Current rentAED 72K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Concorde Tower

What is 3408 worth today?

Last sold for AED 591,860 in 2011

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15 Aug 2025RentedRenewal
AED 71,500/yr12 months · AED 60 per sqft
15 Aug 2024RentedRenewal
AED 68,800/yr12 months · AED 58 per sqft
15 Aug 2023RentedRenewal
AED 63,000/yr12 months · AED 53 per sqft
15 Aug 2022RentedRenewal
AED 57,800/yr12 months · AED 49 per sqft
15 Aug 2021RentedRenewal
AED 52,000/yr12 months · AED 44 per sqft
15 Aug 2020RentedNew contract
AED 53,000/yr12 months · AED 45 per sqft
15 Aug 2019RentedRenewal
AED 64,000/yr12 months · AED 54 per sqft
15 Aug 2017RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
1,184 sqft
Floor
34th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 23,600 /yr
Last sold
AED 592K · March 2011

About 3408, Concorde Tower

3408 is a one-bedroom apartment of 1,184 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 8 March 2011 for AED 591,860, or AED 500 per sqft, 27% below the AED 684 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 71,500 a year: a gross yield of 12.1% on the 2011 price, before the service charge of about AED 23,600 a year.

Sales and rents for 3408 over time

Sales
Unit 3408, 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 2011: AED 591,860 (AED 500 per sqft)

3408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3408, 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, December 2012: AED 55,000 a yearNew contract, December 2013: AED 55,000 a yearNew contract, December 2014: AED 55,000 a yearNew contract, August 2017: AED 85,000 a yearRenewal, August 2019: AED 64,000 a yearNew contract, August 2020: AED 53,000 a yearRenewal, August 2021: AED 52,000 a yearRenewal, August 2022: AED 57,800 a yearRenewal, August 2023: AED 63,000 a yearRenewal, August 2024: AED 68,800 a yearRenewal, August 2025: AED 71,500 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 3408 sits

All 389 1-beds →

3408 last sold in March 2011 at AED 500 per sqft, 27% below what one-beds in Concorde Tower were fetching at the time (AED 684). 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. 3408's AED 71,500 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 34th floor

All 470 units in Concorde Tower
Value
34011-bedAED 796K · May 2013
34021-bedAED 465K · May 2015
34031-bedAED 415K · Sep 2011
34041-bedAED 627K · Apr 2011
34051-bedAED 933K · May 2023
34061-bedAED 500K · Sep 2020
34071-bedAED 1.35M · Apr 2024
1–7 of 10

3408, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 8 March 2011 for AED 591,860, or AED 500 per sqft.
  • Rented since December 2012 on 11 Ejari contracts, from AED 55,000 to AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2011 price is 12.1%, 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 15 August 2025.

Questions about 3408, Concorde Tower

What did unit 3408 last sell for?

AED 591,860 on 8 March 2011, sold by the developer: AED 500 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 3408?

AED 71,500 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 68,800; the unit has been rented since December 2012.

How big is unit 3408?

1,184 sqft (110.0 sqm): a one-bedroom apartment on the 34th floor of a 43-storey tower completed in 2008.

What is unit 3408 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 3408, Concorde Tower

Starts from the last sale price (AED 592K, 8 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 591,860
Deposit, UAE resident (20%)
AED 118,372
Deposit, non-resident (40%)
AED 236,744
Monthly over 25 years at 3.7%
AED 2,421

Plus AED 29,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →