1-bed · 804 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 39th floor · completed 2008

3901, Concorde Tower

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3901 · DLD and Ejari recordsUpdated 8 April 2019
Last soldAED 675K8 April 2019
Current rentAED 73K /yr9 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3901, Concorde Tower

What is 3901 worth today?

Last sold for AED 675,000 in 2019

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8 Apr 2019SoldReady
AED 675,000AED 839 per sqft
9 Feb 2018RentedRenewal
AED 73,000/yr12 months · AED 91 per sqft
9 Feb 2017RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
12 Dec 2015RentedNew contract
AED 82,687/yr12 months · AED 103 per sqft
12 Dec 2014RentedRenewal
AED 78,750/yr12 months · AED 98 per sqft
26 May 2013Sold by developerReady
AED 833,901AED 1,037 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 April 2019.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
39th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,000 /yr
Last sold
AED 675K · April 2019

About 3901, Concorde Tower

3901 is a one-bedroom apartment of 804 sqft on the 39th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 8 April 2019 for AED 675,000, or AED 839 per sqft, 7% below the AED 904 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 9 February 2018, is AED 73,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 16,000 a year.

Sales and rents for 3901 over time

Sales
Unit 3901, 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, May 2013: AED 833,901 (AED 1,037 per sqft)Sold, April 2019: AED 675,000 (AED 839 per sqft)

3901 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3901, 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 81,000Renewal, December 2014: AED 78,750 a yearNew contract, December 2015: AED 82,687 a yearNew contract, February 2017: AED 80,000 a yearRenewal, February 2018: AED 73,000 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 3901 sits

All 389 1-beds →

3901 last sold in April 2019 at AED 839 per sqft, 7% below what one-beds in Concorde Tower were fetching at the time (AED 904). 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. 3901's AED 73,000 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 39th floor

All 470 units in Concorde Tower
Value
39021-bedAED 790K · Nov 2024
39031-bedAED 1.13M · Apr 2014
39041-bedAED 1.45M · Apr 2012
39051-bedAED 1.08M · Dec 2023
39061-bedAED 1.18M · Jun 2023
39071-bedAED 1.25M · Nov 2010
39081-bedAED 750K · Nov 2020
1–7 of 10

3901, Concorde Tower in numbers

  • Sold twice: first on 26 May 2013 for AED 833,901, last on 8 April 2019 for AED 675,000 (AED 839 per sqft).
  • Rented since December 2014 on 4 Ejari contracts, from AED 78,750 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 16,000 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 8 April 2019.

Questions about 3901, Concorde Tower

What did unit 3901 last sell for?

AED 675,000 on 8 April 2019: AED 839 per sqft for 804 sqft. The unit has 2 registered sales; the first was AED 833,901 in May 2013.

What is the rent for unit 3901?

AED 73,000 a year on the contract renewed on 9 February 2018. The previous contract, from February 2017, was AED 80,000; the unit has been rented since December 2014.

How big is unit 3901?

804 sqft (74.7 sqm): a one-bedroom apartment on the 39th floor of a 43-storey tower completed in 2008.

What is unit 3901 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 3901, Concorde Tower

Starts from the last sale price (AED 675K, 8 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

Plus AED 33,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →