1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 6th floor · completed 2008

607, Concorde Tower

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 22 February 2017
Last soldAED 590K7 December 2016
Current rentAED 70K /yr22 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Concorde Tower

What is 607 worth today?

Last sold for AED 590,000 in 2016

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22 Feb 2017RentedNew contract
AED 69,792/yr12 months · AED 49 per sqft
7 Dec 2016SoldReady
AED 590,000AED 411 per sqft
22 Feb 2015RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
21 Feb 2014RentedNew contract
AED 69,792/yr12 months · AED 49 per sqft
20 Feb 2013RentedNew contract
AED 62,813/yr12 months · AED 44 per sqft
19 Jul 2012Sold by developerReady
AED 980,419AED 684 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2017.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
6th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 590K · December 2016

About 607, Concorde Tower

607 is a one-bedroom apartment of 1,432 sqft on the 6th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 7 December 2016 for AED 590,000, or AED 411 per sqft, 60% below the AED 1,020 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 22 February 2017, is AED 69,792 a year: a gross yield of 11.8% on the 2016 price, before the service charge of about AED 28,500 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, July 2012: AED 980,419 (AED 684 per sqft)Sold, December 2016: AED 590,000 (AED 411 per sqft)

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

Rents
Unit 607, 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, February 2013: AED 62,813 a yearNew contract, February 2014: AED 69,792 a yearNew contract, February 2015: AED 70,000 a yearNew contract, February 2017: AED 69,792 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 607 sits

All 389 1-beds →

607 last sold in December 2016 at AED 411 per sqft, 60% below what one-beds in Concorde Tower were fetching at the time (AED 1,020). 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. 607's AED 69,792 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 6th floor

All 470 units in Concorde Tower
Value
6011-bedAED 825K · Feb 2018
6021-bedAED 560K · Nov 2021
6031-bedAED 825K · Jun 2023
604StudioAED 405K · May 2012
6051-bedAED 1.05M · May 2016
6061-bedAED 514K · Jun 2013
6081-bedAED 1.25M · Dec 2013
1–7 of 12

607, Concorde Tower in numbers

  • Sold twice: first on 19 July 2012 for AED 980,419, last on 7 December 2016 for AED 590,000 (AED 411 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 62,813 to AED 69,792 a year.
  • At AED 69,792 a year the gross yield on the 2016 price is 11.8%, 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 22 February 2017.

Questions about 607, Concorde Tower

What did unit 607 last sell for?

AED 590,000 on 7 December 2016: AED 411 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 980,419 in July 2012.

What is the rent for unit 607?

AED 69,792 a year on the contract signed on 22 February 2017. The previous contract, from February 2015, was AED 70,000; the unit has been rented since February 2013.

How big is unit 607?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 6th floor of a 43-storey tower completed in 2008.

What is unit 607 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 607, Concorde Tower

Starts from the last sale price (AED 590K, 7 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

Plus AED 29,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →