1-bed · 574 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 37th floor · completed 2008

3702, Concorde Tower

Sold prices and rental history: sold 5 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 950K5 March 2024
Current rentAED 40K /yr17 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Concorde Tower

What is 3702 worth today?

Last sold for AED 950,000 in 2024

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5 Mar 2024SoldReady
AED 950,000AED 1,654 per sqft
1 Mar 2023SoldReady
AED 600,000AED 1,044 per sqft
17 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
1 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
20 Apr 2017RentedNew contract
AED 65,000/yr12 months · AED 114 per sqft
7 Mar 2015RentedNew contract
AED 85,000/yr12 months · AED 149 per sqft
19 Apr 2014RentedNew contract
AED 79,778/yr12 months · AED 140 per sqft
21 May 2013SoldReady
AED 610,000AED 1,062 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2024.

Key facts

Type
1-bed apartment
Size
574 sqft
Floor
37th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 950K · March 2024

About 3702, Concorde Tower

3702 is a one-bedroom apartment of 574 sqft on the 37th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 5 March 2024 for AED 950,000, or AED 1,654 per sqft, 69% above the AED 977 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 17 February 2021, is AED 40,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, 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 420,132 (AED 731 per sqft)Sold, February 2013: AED 550,000 (AED 957 per sqft)Sold, May 2013: AED 610,000 (AED 1,062 per sqft)Sold, March 2023: AED 600,000 (AED 1,044 per sqft)Sold, March 2024: AED 950,000 (AED 1,654 per sqft)

3702 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3702, each contractTypical one-bed in Concorde Tower
50K75K20112015201920232027Typical 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, April 2014: AED 79,778 a yearNew contract, March 2015: AED 85,000 a yearNew contract, April 2017: AED 65,000 a yearNew contract, October 2018: AED 55,000 a yearNew contract, February 2021: AED 40,000 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 3702 sits

All 389 1-beds →

3702 last sold in March 2024 at AED 1,654 per sqft, 69% above what one-beds in Concorde Tower were fetching at the time (AED 977). 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. 3702's AED 40,000 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 37th floor

All 470 units in Concorde Tower
Value
37011-bedAED 650K · Mar 2013
37031-bedAED 1.05M · Aug 2014
37043-bedAED 2.25M · Jan 2023
37052-bedAED 2.13M · Dec 2025
37061-bedAED 1.42M · Jul 2015
37071-bedAED 1.15M · Apr 2016
37082-bedAED 2.35M · Aug 2024
1–7 of 10

3702, Concorde Tower in numbers

  • Sold 5 times: first on 8 March 2011 for AED 420,132, last on 5 March 2024 for AED 950,000 (AED 1,654 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 79,778 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 11,400 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 5 March 2024.

Questions about 3702, Concorde Tower

What did unit 3702 last sell for?

AED 950,000 on 5 March 2024: AED 1,654 per sqft for 574 sqft. The unit has 5 registered sales; the first was AED 420,132 in March 2011.

What is the rent for unit 3702?

AED 40,000 a year on the contract signed on 17 February 2021. The previous contract, from October 2018, was AED 55,000; the unit has been rented since April 2014.

How big is unit 3702?

574 sqft (53.3 sqm): a one-bedroom apartment on the 37th floor of a 43-storey tower completed in 2008.

What is unit 3702 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 3702, Concorde Tower

Starts from the last sale price (AED 950K, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →