Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 9th floor · completed 2008

904, Concorde Tower

Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 365K1 June 2011
Current rentAED 50K /yr14 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Concorde Tower

What is 904 worth today?

Last sold for AED 365,000 in 2011

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14 May 2024RentedRenewal
AED 49,920/yr12 months · AED 99 per sqft
14 May 2023RentedRenewal
AED 41,600/yr12 months · AED 82 per sqft
14 May 2022RentedRenewal
AED 39,600/yr12 months · AED 78 per sqft
14 May 2020RentedRenewal
AED 40,000/yr12 months · AED 79 per sqft
14 May 2019RentedRenewal
AED 55,787/yr12 months · AED 110 per sqft
14 May 2018RentedRenewal
AED 55,787/yr12 months · AED 110 per sqft
14 May 2013RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
1 Jun 2011SoldReady
AED 365,000AED 722 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 May 2024.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
9th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 365K · June 2011

About 904, Concorde Tower

904 is a studio of 505 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 1 June 2011 for AED 365,000, or AED 722 per sqft, 34% above the AED 537 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 14 May 2024, is AED 49,920 a year: a gross yield of 13.7% on the 2011 price, before the service charge of about AED 10,100 a year.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical studio in Concorde Tower
200K400K600K2010201420182022Typical sale price by year: 2010 AED 271,933; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, January 2011: AED 378,502 (AED 749 per sqft)Sold, June 2011: AED 365,000 (AED 722 per sqft)

904 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 904, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 56,000; 2015 AED 63,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,000; 2021 AED 32,000; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,063; 2025 AED 57,750; 2026 AED 57,750New contract, May 2013: AED 40,000 a yearRenewal, May 2018: AED 55,787 a yearRenewal, May 2019: AED 55,787 a yearRenewal, May 2020: AED 40,000 a yearRenewal, May 2022: AED 39,600 a yearRenewal, May 2023: AED 41,600 a yearRenewal, May 2024: AED 49,920 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Concorde Tower, and where 904 sits

All 59 studios →

904 last sold in June 2011 at AED 722 per sqft, 34% above what studios in Concorde Tower were fetching at the time (AED 537). Over the last 12 months studios sold for AED 830,000, around AED 1,643 per sqft, and rent for AED 56,000 to 65,000 a year. 904's AED 49,920 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Mar 2025625,000
15 Oct 2024680,000
11 Jun 2024680,000
10 Jun 2024699,000
1 studio sale 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
9021-bedAED 40K · Nov 2012
9031-bedAED 814K · Aug 2023
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

904, Concorde Tower in numbers

  • Sold twice: first on 12 January 2011 for AED 378,502, last on 1 June 2011 for AED 365,000 (AED 722 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 40,000 to AED 49,920 a year.
  • At AED 49,920 a year the gross yield on the 2011 price is 13.7%, before a service charge of about AED 10,100 a year (AED 19.92 per sqft).
  • Studios in Concorde Tower sold for AED 830,000–830,000 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 14 May 2024.

Questions about 904, Concorde Tower

What did unit 904 last sell for?

AED 365,000 on 1 June 2011: AED 722 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 378,502 in January 2011.

What is the rent for unit 904?

AED 49,920 a year on the contract renewed on 14 May 2024. The previous contract, from May 2023, was AED 41,600; the unit has been rented since May 2013.

How big is unit 904?

505 sqft (46.9 sqm): a studio on the 9th floor of a 43-storey tower completed in 2008.

What is unit 904 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Concorde Tower sold for AED 830,000 to 830,000 in the last 12 months, around AED 1,643 per sqft.

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Mortgage on 904, Concorde Tower

Starts from the last sale price (AED 365K, 1 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

Plus AED 18,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →