402, Concorde Tower
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Concorde Tower
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 4th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 13,500 /yr
- Last sold
- AED 535K · October 2012
- Building
- Concorde Tower
About 402, Concorde Tower
402 is a one-bedroom apartment of 675 sqft on the 4th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 17 October 2012 for AED 535,000, or AED 792 per sqft, 21% above the AED 652 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 11 August 2025, is AED 71,610 a year: a gross yield of 13.4% on the 2012 price, before the service charge of about AED 13,500 a year.
Sales and rents for 402 over time
402 has sold twice; 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 402 sits
All 389 1-beds →402 last sold in October 2012 at AED 792 per sqft, 21% above what one-beds in Concorde Tower were fetching at the time (AED 652). 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. 402's AED 71,610 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 4th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 744 sqft | AED 865KAED 865,000 · Apr 2024April 2024 | 60,000 /yr | |
| 403 | 1-bed | 819 sqft | AED 550KAED 550,000 · Apr 2021April 2021 | 35,000 /yr | |
| 404 | Studio | 505 sqft | AED 730KAED 730,000 · Jul 2016July 2016 | 60,000 /yr | |
| 405 | 1-bed | 955 sqft | AED 600KAED 600,000 · Dec 2019December 2019 | 73,802 /yr | |
| 406 | 1-bed | 825 sqft | AED 720KAED 720,000 · Apr 2023April 2023 | 48,023 /yr | |
| 407 | 1-bed | 1,432 sqft | AED 1.2MAED 1,200,000 · Nov 2016November 2016 | 90,000 /yr | |
| 408 | 1-bed | 1,432 sqft | AED 1.49MAED 1,490,000 · Jul 2025July 2025 | 58,000 /yr | |
| 409 | 1-bed | 971 sqft | AED 960KAED 960,000 · Aug 2024August 2024 | 55,000 /yr | |
| 410 | 1-bed | 980 sqft | AED 490KAED 490,000 · Mar 2021March 2021 | 85,000 /yr | |
| 411 | Studio | 505 sqft | AED 550KAED 550,000 · Apr 2013April 2013 | 50,578 /yr | |
| 412 | 1-bed | 819 sqft | AED 765KAED 765,000 · Apr 2018April 2018 | 82,000 /yr | |
| 413 | 1-bed | 675 sqft | AED 820KAED 820,000 · Aug 2015August 2015 | 80,000 /yr |
402, Concorde Tower in numbers
- Sold twice: first on 8 March 2011 for AED 379,316, last on 17 October 2012 for AED 535,000 (AED 792 per sqft).
- Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 71,610 by August 2025.
- At AED 71,610 a year the gross yield on the 2012 price is 13.4%, before a service charge of about AED 13,500 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 11 August 2025.
Questions about 402, Concorde Tower
What did unit 402 last sell for?
AED 535,000 on 17 October 2012: AED 792 per sqft for 675 sqft. The unit has 2 registered sales; the first was AED 379,316 in March 2011.
What is the rent for unit 402?
AED 71,610 a year on the contract renewed on 11 August 2025. The previous contract, from August 2024, was AED 68,200; the unit has been rented since December 2014.
How big is unit 402?
675 sqft (62.7 sqm): a one-bedroom apartment on the 4th floor of a 43-storey tower completed in 2008.
What is unit 402 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 402, Concorde Tower
Starts from the last sale price (AED 535K, 17 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 535,000
- Deposit, UAE resident (20%)
- AED 107,000
- Deposit, non-resident (40%)
- AED 214,000
- Monthly over 25 years at 3.7%
- AED 2,189
Plus AED 27,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →