1-bed · 925 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 42nd floor · completed 2008

4207, Concorde Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4207 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 875K3 July 2024
Current rentAED 61K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4207, Concorde Tower

What is 4207 worth today?

Last sold for AED 875,000 in 2024

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3 Jul 2024SoldReady
AED 875,000AED 946 per sqft
20 May 2024RentedRenewal
AED 61,000/yr12 months · AED 66 per sqft
20 May 2023RentedRenewal
AED 53,000/yr12 months · AED 57 per sqft
20 May 2022RentedRenewal
AED 46,200/yr12 months · AED 50 per sqft
20 May 2021RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
20 May 2020RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
10 May 2018RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
5 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2024.

Key facts

Type
1-bed apartment
Size
925 sqft
Floor
42nd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 18,400 /yr
Last sold
AED 875K · July 2024

About 4207, Concorde Tower

4207 is a one-bedroom apartment of 925 sqft on the 42nd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 3 July 2024 for AED 875,000, or AED 946 per sqft, 5% below the AED 994 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 61,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 18,400 a year.

Sales and rents for 4207 over time

Sales
Unit 4207, 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 462,500 (AED 500 per sqft)Sold, May 2012: AED 570,000 (AED 616 per sqft)Sold, July 2024: AED 875,000 (AED 946 per sqft)

4207 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4207, 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 81,000New contract, May 2014: AED 60,000 a yearNew contract, November 2015: AED 60,000 a yearNew contract, November 2017: AED 60,000 a yearNew contract, May 2018: AED 60,000 a yearNew contract, May 2020: AED 50,000 a yearNew contract, May 2021: AED 42,000 a yearRenewal, May 2022: AED 46,200 a yearRenewal, May 2023: AED 53,000 a yearRenewal, May 2024: AED 61,000 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 4207 sits

All 389 1-beds →

4207 last sold in July 2024 at AED 946 per sqft, 5% below what one-beds in Concorde Tower were fetching at the time (AED 994). 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. 4207's AED 61,000 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 42nd floor

All 470 units in Concorde Tower
Value
42011-bedAED 1.31M · Jan 2025
42021-bedAED 1.02M · Nov 2024
42031-bedAED 900K · Oct 2018
42041-bedAED 1.25M · Dec 2010
42051-bedAED 800K · Jan 2026
42061-bedAED 1M · Nov 2024

4207, Concorde Tower in numbers

  • Sold 3 times: first on 3 March 2011 for AED 462,500, last on 3 July 2024 for AED 875,000 (AED 946 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2021 and recovered to AED 61,000 by May 2024.
  • At AED 61,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 18,400 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 3 July 2024.

Questions about 4207, Concorde Tower

What did unit 4207 last sell for?

AED 875,000 on 3 July 2024: AED 946 per sqft for 925 sqft. The unit has 3 registered sales; the first was AED 462,500 in March 2011.

What is the rent for unit 4207?

AED 61,000 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 53,000; the unit has been rented since May 2014.

How big is unit 4207?

925 sqft (85.9 sqm): a one-bedroom apartment on the 42nd floor of a 43-storey tower completed in 2008.

What is unit 4207 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 4207, Concorde Tower

Starts from the last sale price (AED 875K, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →