1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 5th floor · completed 2008

513, Concorde Tower

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

Unit 513 · DLD and Ejari recordsUpdated 1 August 2018
Last soldAED 650K30 April 2013
Current rentAED 54K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Concorde Tower

What is 513 worth today?

Last sold for AED 650,000 in 2013

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1 Aug 2018RentedNew contract
AED 54,000/yr12 months · AED 80 per sqft
2 Jul 2017RentedNew contract
AED 73,000/yr12 months · AED 108 per sqft
1 Jul 2015RentedNew contract
AED 71,000/yr12 months · AED 105 per sqft
1 Jul 2014RentedNew contract
AED 70,810/yr12 months · AED 104 per sqft
2 Dec 2013RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
30 Apr 2013SoldReady
AED 650,000AED 962 per sqft
8 Mar 2011Sold by developerReady
AED 443,108AED 656 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2018.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
5th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 650K · April 2013

About 513, Concorde Tower

513 is a one-bedroom apartment of 675 sqft on the 5th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 30 April 2013 for AED 650,000, or AED 962 per sqft, 23% above the AED 781 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 August 2018, is AED 54,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 13,500 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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 443,108 (AED 656 per sqft)Sold, April 2013: AED 650,000 (AED 962 per sqft)

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

Rents
Unit 513, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical 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, December 2013: AED 60,000 a yearNew contract, July 2014: AED 70,810 a yearNew contract, July 2015: AED 71,000 a yearNew contract, July 2017: AED 73,000 a yearNew contract, August 2018: AED 54,000 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 513 sits

All 389 1-beds →

513 last sold in April 2013 at AED 962 per sqft, 23% above what one-beds in Concorde Tower were fetching at the time (AED 781). 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. 513's AED 54,000 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 5th floor

All 470 units in Concorde Tower
Value
5011-bedAED 1.06M · Jan 2014
5021-bedAED 830K · Apr 2015
5031-bedAED 495K · Mar 2012
504StudioAED 300K · Aug 2011
5051-bedAED 568K · Mar 2012
5061-bedAED 578K · Mar 2012
5071-bedAED 1.05M · Feb 2023
1–7 of 12

513, Concorde Tower in numbers

  • Sold twice: first on 8 March 2011 for AED 443,108, last on 30 April 2013 for AED 650,000 (AED 962 per sqft).
  • Rented since December 2013 on 5 Ejari contracts, from AED 60,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2013 price is 8.3%, 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 1 August 2018.

Questions about 513, Concorde Tower

What did unit 513 last sell for?

AED 650,000 on 30 April 2013: AED 962 per sqft for 675 sqft. The unit has 2 registered sales; the first was AED 443,108 in March 2011.

What is the rent for unit 513?

AED 54,000 a year on the contract signed on 1 August 2018. The previous contract, from July 2017, was AED 73,000; the unit has been rented since December 2013.

How big is unit 513?

675 sqft (62.7 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2008.

What is unit 513 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 513, Concorde Tower

Starts from the last sale price (AED 650K, 30 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →