408, Concorde Tower
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Concorde Tower
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,432 sqft
- Floor
- 4th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 28,500 /yr
- Last sold
- AED 1.49M · July 2025
- Building
- Concorde Tower
About 408, Concorde Tower
408 is a one-bedroom apartment of 1,432 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 2 July 2025 for AED 1,490,000, or AED 1,040 per sqft, 10% below the AED 1,161 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 June 2020, is AED 58,000 a year: a gross yield of 3.9% on the 2025 price, before the service charge of about AED 28,500 a year.
Sales and rents for 408 over time
408 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 408 sits
All 389 1-beds →408 last sold in July 2025 at AED 1,040 per sqft, 10% below what one-beds in Concorde Tower were fetching at the time (AED 1,161). 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. 408's AED 58,000 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 | |
| 402 | 1-bed | 675 sqft | AED 535KAED 535,000 · Oct 2012October 2012 | 71,610 /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 | |
| 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 |
408, Concorde Tower in numbers
- Sold twice: first on 9 December 2014 for AED 930,313, last on 2 July 2025 for AED 1,490,000 (AED 1,040 per sqft).
- Rented since May 2015 on 4 Ejari contracts, from AED 103,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2025 price is 3.9%, before a service charge of about AED 28,500 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 2 July 2025.
Questions about 408, Concorde Tower
What did unit 408 last sell for?
AED 1,490,000 on 2 July 2025: AED 1,040 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 930,313 in December 2014.
What is the rent for unit 408?
AED 58,000 a year on the contract signed on 15 June 2020. The previous contract, from May 2019, was AED 75,000; the unit has been rented since May 2015.
How big is unit 408?
1,432 sqft (133.0 sqm): a one-bedroom apartment on the 4th floor of a 43-storey tower completed in 2008.
What is unit 408 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.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Concorde Tower
Starts from the last sale price (AED 1.49M, 2 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,490,000
- Deposit, UAE resident (20%)
- AED 298,000
- Deposit, non-resident (40%)
- AED 596,000
- Monthly over 25 years at 3.7%
- AED 6,096
Plus AED 67,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →