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1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2008

707, Concorde Tower

Sold prices and rental history: sold 3 times, last in November 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 22 November 2020
Last soldAED 850K22 November 2020
Current rentAED 80K /yr14 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Concorde Tower

What is 707 worth today?

Last sold for AED 850,000 in 2020

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22 Nov 2020SoldReady
AED 850,000AED 593 per sqft
14 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
26 Jan 2015SoldReady
AED 600,000AED 837 per sqft
1 Dec 2013RentedNew contract
AED 102,000/yr12 months · AED 71 per sqft
16 Jul 2012Sold by developerReady
AED 1,038,218AED 724 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2020.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
7th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 850K · November 2020
Building
Concorde Tower

About 707, Concorde Tower

707 is a one-bedroom apartment of 1,432 sqft on the 7th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 22 November 2020 for AED 850,000, or AED 593 per sqft, 6% below the AED 631 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 14 December 2019, is AED 80,000 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 28,500 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 1,038,218 (AED 724 per sqft)Sold, January 2015: AED 600,000 (AED 837 per sqft)Sold, November 2020: AED 850,000 (AED 593 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in Concorde Tower
50K100K20112015201920232027Typical 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 102,000 a yearRenewal, December 2019: AED 80,000 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 707 sits

All 389 1-beds →

707 last sold in November 2020 at AED 593 per sqft, 6% below what one-beds in Concorde Tower were fetching at the time (AED 631). 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. 707's AED 80,000 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 7th floor

All 470 units in Concorde Tower
Value
701StudioAED 600K · Mar 2014
7021-bedAED 567K · Jul 2013
7031-bedAED 880K · Feb 2024
704StudioAED 630K · Nov 2013
7051-bedAED 654K · May 2011
7061-bedAED 800K · Sep 2022
7081-bedAED 920K · Dec 2012
1–7 of 13

707, Concorde Tower in numbers

  • Sold 3 times: first on 16 July 2012 for AED 1,038,218, last on 22 November 2020 for AED 850,000 (AED 593 per sqft).
  • Rented since December 2013 on 2 Ejari contracts, from AED 102,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 9.4%, 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 November 2020.

Questions about 707, Concorde Tower

What did unit 707 last sell for?

AED 850,000 on 22 November 2020: AED 593 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 1,038,218 in July 2012.

What is the rent for unit 707?

AED 80,000 a year on the contract renewed on 14 December 2019. The previous contract, from December 2013, was AED 102,000.

How big is unit 707?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2008.

What is unit 707 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 707, Concorde Tower

Starts from the last sale price (AED 850K, 22 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →