Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2008

411, Concorde Tower

Sold prices and rental history: sold twice, last in April 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 8 February 2025
Last soldAED 550K4 April 2013
Current rentAED 51K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Concorde Tower

What is 411 worth today?

Last sold for AED 550,000 in 2013

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8 Feb 2025RentedRenewal
AED 50,578/yr12 months · AED 100 per sqft
8 Feb 2020RentedRenewal
AED 42,000/yr12 months · AED 83 per sqft
8 Feb 2019RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
4 Apr 2013SoldReady
AED 550,000AED 1,089 per sqft
31 Mar 2013Sold by developerReady
AED 605,000AED 1,197 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2025.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
4th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 550K · April 2013

About 411, Concorde Tower

411 is a studio of 505 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 4 April 2013 for AED 550,000, or AED 1,089 per sqft, 25% above the AED 870 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 8 February 2025, is AED 50,578 a year: a gross yield of 9.2% on the 2013 price, before the service charge of about AED 10,100 a year.

Sales and rents for 411 over time

Sales
Unit 411, each saleTypical studio in Concorde Tower
200K400K600K2010201420182022Typical sale price by year: 2010 AED 271,933; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, March 2013: AED 605,000 (AED 1,197 per sqft)Sold, April 2013: AED 550,000 (AED 1,089 per sqft)

411 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 411, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 56,000; 2015 AED 63,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,000; 2021 AED 32,000; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,063; 2025 AED 57,750; 2026 AED 57,750New contract, February 2019: AED 42,000 a yearRenewal, February 2020: AED 42,000 a yearRenewal, February 2025: AED 50,578 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Concorde Tower, and where 411 sits

All 59 studios →

411 last sold in April 2013 at AED 1,089 per sqft, 25% above what studios in Concorde Tower were fetching at the time (AED 870). Over the last 12 months studios sold for AED 830,000, around AED 1,643 per sqft, and rent for AED 56,000 to 65,000 a year. 411's AED 50,578 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Mar 2025625,000
15 Oct 2024680,000
11 Jun 2024680,000
10 Jun 2024699,000
1 studio sale 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 4th floor

All 470 units in Concorde Tower
Value
4011-bedAED 865K · Apr 2024
4021-bedAED 535K · Oct 2012
4031-bedAED 550K · Apr 2021
404StudioAED 730K · Jul 2016
4051-bedAED 600K · Dec 2019
4061-bedAED 720K · Apr 2023
4071-bedAED 1.2M · Nov 2016
1–7 of 12

411, Concorde Tower in numbers

  • Sold twice: first on 31 March 2013 for AED 605,000, last on 4 April 2013 for AED 550,000 (AED 1,089 per sqft).
  • Rented since February 2019 on 3 Ejari contracts, from AED 42,000 to AED 50,578 a year.
  • At AED 50,578 a year the gross yield on the 2013 price is 9.2%, before a service charge of about AED 10,100 a year (AED 19.92 per sqft).
  • Studios in Concorde Tower sold for AED 830,000–830,000 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 February 2025.

Questions about 411, Concorde Tower

What did unit 411 last sell for?

AED 550,000 on 4 April 2013: AED 1,089 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 605,000 in March 2013.

What is the rent for unit 411?

AED 50,578 a year on the contract renewed on 8 February 2025. The previous contract, from February 2020, was AED 42,000; the unit has been rented since February 2019.

How big is unit 411?

505 sqft (46.9 sqm): a studio on the 4th floor of a 43-storey tower completed in 2008.

What is unit 411 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Concorde Tower sold for AED 830,000 to 830,000 in the last 12 months, around AED 1,643 per sqft.

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Mortgage on 411, Concorde Tower

Starts from the last sale price (AED 550K, 4 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →