1002, Concorde Tower
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Concorde Tower
What is 1002 worth today?
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Source: Dubai Land Department. Updated 29 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 10th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 13,500 /yr
- Last sold
- AED 800K · July 2024
- Building
- Concorde Tower
About 1002, Concorde Tower
1002 is a one-bedroom apartment of 675 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 29 July 2024 for AED 800,000, or AED 1,184 per sqft, 14% above the AED 1,042 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 18 June 2024, is AED 55,695 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 13,500 a year.
Sales and rents for 1002 over time
1002 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1002 sits
All 404 1-beds →1002 last sold in July 2024 at AED 1,184 per sqft, 14% above what one-beds in Concorde Tower were fetching at the time (AED 1,042). Over the last 12 months one-beds sold for AED 800,000 to 1,500,000, around AED 1,236 per sqft, and rent for AED 30,000 to 198,450 a year. 1002's AED 55,695 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,281 sqft | 1,274,510 | 994 | ||
| 2 Sep 20262 September 2026 | 1,281 sqft | 1,200,000 | 936 | ||
| 26 Aug 202626 August 2026 | 675 sqft | 835,000 | 1,236 | ||
| 2 Jul 20262 July 2026 | 819 sqft | 1,300,000 | 1,586 |
Concorde Tower
Building470 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%
Other units on the 10th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 372 sqft | AED 360KAED 360,000 · May 2012May 2012 | 58,000 /yr | |
| 1003 | 1-bed | 819 sqft | AED 535KAED 535,000 · Jan 2020January 2020 | 83,000 /yr | |
| 1004 | Studio | 505 sqft | AED 425KAED 425,000 · Oct 2012October 2012 | 51,000 /yr | |
| 1005 | 1-bed | 955 sqft | AED 643KAED 643,394 · Dec 2010December 2010 | 85,000 /yr | |
| 1006 | 1-bed | 825 sqft | AED 910KAED 910,000 · Jan 2017January 2017 | 62,000 /yr | |
| 1007 | 1-bed | 1,432 sqft | AED 1MAED 1,000,000 · Oct 2022October 2022 | 110,000 /yr | |
| 1008 | 1-bed | 1,432 sqft | AED 1.5MAED 1,500,000 · May 2013May 2013 | 60,000 /yr | |
| 1009 | 1-bed | 971 sqft | AED 350KAED 350,000 · Jan 2021January 2021 | 55,000 /yr | |
| 1010 | 1-bed | 980 sqft | AED 720KAED 720,000 · Feb 2022February 2022 | 56,000 /yr | |
| 1011 | Studio | 505 sqft | AED 600KAED 600,000 · Jun 2018June 2018 | 55,000 /yr | |
| 1012 | 1-bed | 819 sqft | AED 950KAED 950,000 · Apr 2025April 2025 | 78,000 /yr | |
| 1013 | 1-bed | 675 sqft | AED 570KAED 570,000 · Dec 2021December 2021 | 62,000 /yr | |
| 1014 | Studio | 372 sqft | AED 660KAED 660,000 · Aug 2026August 2026 | 54,000 /yr |
1002, Concorde Tower in numbers
- Sold 3 times: first on 12 December 2010 for AED 433,624, last on 29 July 2024 for AED 800,000 (AED 1,184 per sqft).
- Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 73,000 to AED 35,000 in 2022 and recovered to AED 55,695 by June 2024.
- At AED 55,695 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 13,500 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 1,257 per sqft.
Source: Dubai Land Department. Updated 29 July 2024.
Questions about 1002, Concorde Tower
What did unit 1002 last sell for?
AED 800,000 on 29 July 2024: AED 1,184 per sqft for 675 sqft. The unit has 3 registered sales; the first was AED 433,624 in December 2010.
What is the rent for unit 1002?
AED 55,695 a year on the contract renewed on 18 June 2024. The previous contract, from June 2023, was AED 46,200; the unit has been rented since June 2014.
How big is unit 1002?
675 sqft (62.7 sqm): a one-bedroom apartment on the 10th floor of a 43-storey tower completed in 2008.
What is unit 1002 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 1,236 per sqft.
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Mortgage on 1002, Concorde Tower
Starts from the last sale price (AED 800K, 29 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →