1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2008

1008, Concorde Tower

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.5M20 May 2013
Current rentAED 60K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Concorde Tower

What is 1008 worth today?

Last sold for AED 1,500,000 in 2013

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1 May 2025RentedRenewal
AED 60,000/yr24 months · AED 42 per sqft
1 May 2025RentedRenewal
AED 60,000/yr24 months · AED 42 per sqft
1 May 2023RentedRenewal
AED 60,000/yr24 months · AED 42 per sqft
1 May 2021RentedNew contract
AED 60,000/yr24 months · AED 42 per sqft
16 Feb 2019RentedRenewal
AED 65,000/yr12 months · AED 45 per sqft
15 Feb 2018RentedNew contract
AED 89,733/yr12 months · AED 63 per sqft
8 Feb 2015RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
20 May 2013SoldReady
AED 1,500,000AED 1,047 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
10th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 1.5M · May 2013

About 1008, Concorde Tower

1008 is a one-bedroom apartment of 1,432 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 20 May 2013 for AED 1,500,000, or AED 1,047 per sqft, 32% above the AED 793 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 60,000 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 28,500 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in Concorde Tower
500K1M1.5M2010201520202025Typical sale price by year: 2010 AED 770,114; 2011 AED 585,000; 2012 AED 575,000; 2013 AED 787,600; 2014 AED 1,073,000; 2015 AED 1,005,354; 2016 AED 1,035,000; 2017 AED 910,000; 2018 AED 825,000; 2019 AED 675,000; 2020 AED 535,000; 2021 AED 600,000; 2022 AED 750,000; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,077,500; 2026 AED 1,165,000Sold by developer, January 2012: AED 973,086 (AED 679 per sqft)Sold, May 2013: AED 1,500,000 (AED 1,047 per sqft)

1008 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical rent by year: 2011 AED 48,000; 2012 AED 53,000; 2013 AED 65,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 82,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 60,170; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 57,000; 2023 AED 65,000; 2024 AED 73,500; 2025 AED 80,000; 2026 AED 78,000New contract, February 2015: AED 90,000 a yearNew contract, February 2018: AED 89,733 a yearRenewal, February 2019: AED 65,000 a yearNew contract, May 2021: AED 60,000 a yearRenewal, May 2023: AED 60,000 a yearRenewal, May 2025: AED 60,000 a yearRenewal, May 2025: AED 60,000 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 1008 sits

All 404 1-beds →

1008 last sold in May 2013 at AED 1,047 per sqft, 32% above what one-beds in Concorde Tower were fetching at the time (AED 793). 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. 1008's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,274,510
2 Sep 20261,200,000
26 Aug 2026835,000
2 Jul 20261,300,000
25 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. 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
1001StudioAED 360K · May 2012
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
1–7 of 13

1008, Concorde Tower in numbers

  • Sold twice: first on 18 January 2012 for AED 973,086, last on 20 May 2013 for AED 1,500,000 (AED 1,047 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 90,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2013 price is 4.0%, 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 1,257 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 1008, Concorde Tower

What did unit 1008 last sell for?

AED 1,500,000 on 20 May 2013: AED 1,047 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 973,086 in January 2012.

What is the rent for unit 1008?

AED 60,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 60,000; the unit has been rented since February 2015.

How big is unit 1008?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 10th floor of a 43-storey tower completed in 2008.

What is unit 1008 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 1008, Concorde Tower

Starts from the last sale price (AED 1.5M, 20 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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