1-bed · 1,281 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 34th floor · completed 2008

3409, Concorde Tower

Sold prices and rental history: sold 4 times, last in May 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3409 · DLD and Ejari recordsUpdated 30 May 2021
Last soldAED 590K30 May 2021
Current rentAED 56K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3409, Concorde Tower

What is 3409 worth today?

Last sold for AED 590,000 in 2021

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30 May 2021SoldReady
AED 590,000AED 460 per sqft
1 Oct 2020RentedRenewal
AED 56,000/yr12 months · AED 44 per sqft
1 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
15 Jun 2014RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
31 May 2012SoldReady
AED 700,000AED 546 per sqft
28 Jun 2011SoldReady
AED 1,459,100AED 1,138 per sqft
22 Aug 2010Sold by developerOff-plan
AED 1,459,100AED 1,138 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 May 2021.

Key facts

Type
1-bed apartment
Size
1,281 sqft
Floor
34th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 25,500 /yr
Last sold
AED 590K · May 2021

About 3409, Concorde Tower

3409 is a one-bedroom apartment of 1,281 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 30 May 2021 for AED 590,000, or AED 460 per sqft, 25% below the AED 613 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 56,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 25,500 a year.

Sales and rents for 3409 over time

Sales
Unit 3409, each saleTypical one-bed in Concorde Tower
500K1M1.5M2010201520202025Typical 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, August 2010: AED 1,459,100 (AED 1,138 per sqft)Sold, June 2011: AED 1,459,100 (AED 1,138 per sqft)Sold, May 2012: AED 700,000 (AED 546 per sqft)Sold, May 2021: AED 590,000 (AED 460 per sqft)

3409 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3409, each contractTypical one-bed in Concorde Tower
50K100K20112015201920232027Typical 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, June 2014: AED 110,000 a yearNew contract, October 2019: AED 60,000 a yearRenewal, October 2020: AED 56,000 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 3409 sits

All 389 1-beds →

3409 last sold in May 2021 at AED 460 per sqft, 25% below what one-beds in Concorde Tower were fetching at the time (AED 613). 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. 3409's AED 56,000 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 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

3409, Concorde Tower in numbers

  • Sold 4 times: first on 22 August 2010 for AED 1,459,100, last on 30 May 2021 for AED 590,000 (AED 460 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 110,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 25,500 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 30 May 2021.

Questions about 3409, Concorde Tower

What did unit 3409 last sell for?

AED 590,000 on 30 May 2021: AED 460 per sqft for 1,281 sqft. The unit has 4 registered sales; the first was AED 1,459,100 in August 2010.

What is the rent for unit 3409?

AED 56,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2019, was AED 60,000; the unit has been rented since June 2014.

How big is unit 3409?

1,281 sqft (119.0 sqm): a one-bedroom apartment on the 34th floor of a 43-storey tower completed in 2008.

What is unit 3409 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 3409, Concorde Tower

Starts from the last sale price (AED 590K, 30 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

Plus AED 29,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →