Studio · 372 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2008

1001, Concorde Tower

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 360K31 May 2012
Current rentAED 58K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Concorde Tower

What is 1001 worth today?

Last sold for AED 360,000 in 2012

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8 Sep 2026RentedNew contract
AED 58,000/yr12 months · AED 156 per sqft
25 Aug 2025RentedNew contract
AED 57,000/yr12 months · AED 153 per sqft
22 Oct 2024RentedNew contract
AED 60,000/yr6 months · AED 161 per sqft
10 May 2023RentedNew contract
AED 55,000/yr12 months · AED 148 per sqft
15 Dec 2021RentedRenewal
AED 26,000/yr12 months · AED 69 per sqft
15 Dec 2020RentedNew contract
AED 26,000/yr12 months · AED 69 per sqft
25 Feb 2019RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
15 Sep 2013RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
Studio apartment
Size
372 sqft
Floor
10th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 7,400 /yr
Last sold
AED 360K · May 2012

About 1001, Concorde Tower

1001 is a studio of 372 sqft on the 10th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 31 May 2012 for AED 360,000, or AED 968 per sqft, 40% above the AED 692 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 8 September 2026, is AED 58,000 a year: a gross yield of 16.1% on the 2012 price, before the service charge of about AED 7,400 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical studio in Concorde Tower
250K500K750K2010201420182022Typical sale price by year: 2010 AED 281,326; 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, May 2012: AED 360,000 (AED 968 per sqft)Sold by developer, May 2012: AED 245,738 (AED 660 per sqft)

1001 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1001, each contractTypical studio in Concorde Tower
20K40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 55,000; 2015 AED 62,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,500; 2021 AED 32,500; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 57,500; 2026 AED 54,500New contract, September 2013: AED 50,000 a yearNew contract, February 2019: AED 38,000 a yearNew contract, December 2020: AED 26,000 a yearRenewal, December 2021: AED 26,000 a yearNew contract, May 2023: AED 55,000 a yearNew contract, October 2024: AED 60,000 a yearNew contract, August 2025: AED 57,000 a yearNew contract, September 2026: AED 58,000 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 1001 sits

All 60 studios →

1001 last sold in May 2012 at AED 968 per sqft, 40% above what studios in Concorde Tower were fetching at the time (AED 692). Over the last 12 months studios sold for AED 660,000 to 830,000, around AED 1,744 per sqft, and rent for AED 45,000 to 65,000 a year. 1001's AED 58,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Aug 2026660,000
19 May 2026790,000
27 Nov 2025830,000
25 Mar 2025625,000
3 studio 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. 29 sold in the last 12 months.

Typical price per sqft
AED 1,257 Up 5.5%
Typical sale
AED 1.11M
Typical rent
AED 75K /yr
Typical yield
7.4%
Concorde Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 10th floor

All 470 units in Concorde Tower
Value
10021-bedAED 800K · Jul 2024
10031-bedAED 535K · Jan 2020
1004StudioAED 425K · Oct 2012
10051-bedAED 643K · Dec 2010
10061-bedAED 910K · Jan 2017
10071-bedAED 1M · Oct 2022
10081-bedAED 1.5M · May 2013
1–7 of 13

1001, Concorde Tower in numbers

  • Sold twice: first on 15 May 2012 for AED 245,738, last on 31 May 2012 for AED 360,000 (AED 968 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2021 and recovered to AED 58,000 by September 2026.
  • At AED 58,000 a year the gross yield on the 2012 price is 16.1%, before a service charge of about AED 7,400 a year (AED 19.92 per sqft).
  • Studios in Concorde Tower sold for AED 660,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 1,257 per sqft.

Source: Dubai Land Department. Updated 8 September 2026.

Questions about 1001, Concorde Tower

What did unit 1001 last sell for?

AED 360,000 on 31 May 2012: AED 968 per sqft for 372 sqft. The unit has 2 registered sales; the first was AED 245,738 in May 2012.

What is the rent for unit 1001?

AED 58,000 a year on the contract signed on 8 September 2026. The previous contract, from August 2025, was AED 57,000; the unit has been rented since September 2013.

How big is unit 1001?

372 sqft (34.6 sqm): a studio on the 10th floor of a 43-storey tower completed in 2008.

What is unit 1001 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 660,000 to 830,000 in the last 12 months, around AED 1,744 per sqft.

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Mortgage on 1001, Concorde Tower

Starts from the last sale price (AED 360K, 31 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →