1-bed · 67 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 9th floor · completed 2008

902, Concorde Tower

Sold prices and rental history: sold 3 times, last in November 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 40K28 November 2012
Current rentAED 70K /yr13 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Concorde Tower

What is 902 worth today?

Last sold for AED 40,000 in 2012

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13 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 104 per sqft
20 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 96 per sqft
6 Aug 2022RentedNew contract
AED 52,500/yr12 months · AED 77 per sqft
24 Jul 2020RentedNew contract
AED 41,500/yr12 months · AED 61 per sqft
15 Sep 2017RentedNew contract
AED 70,000/yr12 months · AED 103 per sqft
15 Jul 2014RentedNew contract
AED 70,000/yr12 months · AED 103 per sqft
28 Nov 2012SoldReady
AED 40,000AED 592 per sqft
18 Jun 2012SoldReady
AED 400,000AED 592 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 September 2024.

Key facts

Type
1-bed apartment
Size
67 sqft
Floor
9th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 1,300 /yr
Last sold
AED 40K · November 2012

About 902, Concorde Tower

902 is a one-bedroom apartment of 67 sqft on the 9th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 28 November 2012 for AED 40,000, or AED 592 per sqft, 12% below the AED 672 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 13 September 2024, is AED 70,000 a year: a gross yield of 175.0% on the 2012 price, before the service charge of about AED 1,300 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical one-bed in Concorde Tower
0500K1M2010201520202025Typical 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, June 2012: AED 400,000 (AED 592 per sqft)Sold by developer, June 2012: AED 393,576 (AED 582 per sqft)Sold, November 2012: AED 40,000 (AED 592 per sqft)

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

Rents
Unit 902, 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, July 2014: AED 70,000 a yearNew contract, September 2017: AED 70,000 a yearNew contract, July 2020: AED 41,500 a yearNew contract, August 2022: AED 52,500 a yearNew contract, August 2023: AED 65,000 a yearNew contract, September 2024: AED 70,000 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 902 sits

All 389 1-beds →

902 last sold in November 2012 at AED 592 per sqft, 12% below what one-beds in Concorde Tower were fetching at the time (AED 672). 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. 902's AED 70,000 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 9th floor

All 470 units in Concorde Tower
Value
9011-bedAED 859K · Nov 2024
9031-bedAED 814K · Aug 2023
904StudioAED 365K · Jun 2011
9051-bedAED 1.3M · Jun 2014
9061-bedAED 663K · Oct 2012
9071-bedAED 878K · Sep 2017
9081-bedAED 1.6M · May 2024
1–7 of 12

902, Concorde Tower in numbers

  • Sold 3 times: first on 13 June 2012 for AED 393,576, last on 28 November 2012 for AED 40,000 (AED 592 per sqft).
  • Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 41,500 in 2020 and recovered to AED 70,000 by September 2024.
  • At AED 70,000 a year the gross yield on the 2012 price is 175.0%, before a service charge of about AED 1,300 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 13 September 2024.

Questions about 902, Concorde Tower

What did unit 902 last sell for?

AED 40,000 on 28 November 2012: AED 592 per sqft for 67 sqft. The unit has 3 registered sales; the first was AED 393,576 in June 2012.

What is the rent for unit 902?

AED 70,000 a year on the contract signed on 13 September 2024. The previous contract, from August 2023, was AED 65,000; the unit has been rented since July 2014.

How big is unit 902?

67 sqft (6.2 sqm): a one-bedroom apartment on the 9th floor of a 43-storey tower completed in 2008.

What is unit 902 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 902, Concorde Tower

Starts from the last sale price (AED 40K, 28 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 40,000
Deposit, UAE resident (20%)
AED 8,000
Deposit, non-resident (40%)
AED 16,000
Monthly over 25 years at 3.7%
AED 164

Plus AED 4,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →