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1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 11th floor · completed 2008

1107, Concorde Tower

Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 24 April 2017
Last soldAED 1.2M24 April 2017
Current rentAED 77K /yr9 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1107, Concorde Tower

What is 1107 worth today?

Last sold for AED 1,200,000 in 2017

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24 Apr 2017SoldReady
AED 1,200,000AED 837 per sqft
30 Jan 2017Sold by developerReady
AED 891,105AED 622 per sqft
9 Dec 2016RentedRenewal
AED 76,707/yr12 months · AED 54 per sqft
9 Dec 2015RentedNew contract
AED 73,054/yr12 months · AED 51 per sqft
9 Dec 2014RentedNew contract
AED 66,413/yr12 months · AED 46 per sqft
9 Dec 2012RentedNew contract
AED 55,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 24 April 2017.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
11th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 1.2M · April 2017
Building
Concorde Tower

About 1107, Concorde Tower

1107 is a one-bedroom apartment of 1,432 sqft on the 11th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 24 April 2017 for AED 1,200,000, or AED 837 per sqft, 11% below the AED 943 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 9 December 2016, is AED 76,707 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 28,500 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, each saleTypical one-bed in Concorde Tower
500K1M2010201520202025Typical 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 2017: AED 891,105 (AED 622 per sqft)Sold, April 2017: AED 1,200,000 (AED 837 per sqft)

1107 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1107, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical 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, December 2012: AED 55,000 a yearNew contract, December 2014: AED 66,413 a yearNew contract, December 2015: AED 73,054 a yearRenewal, December 2016: AED 76,707 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 1107 sits

All 404 1-beds →

1107 last sold in April 2017 at AED 837 per sqft, 11% below what one-beds in Concorde Tower were fetching at the time (AED 943). 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. 1107's AED 76,707 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 11th floor

All 470 units in Concorde Tower
Value
11011-bedAED 545K · Nov 2021
11021-bedAED 470K · Mar 2012
11031-bedAED 1.03M · Nov 2025
1104StudioAED 685K · Feb 2014
11051-bedAED 1.25M · Apr 2026
11061-bedAED 501K · May 2011
11081-bedAED 700K · May 2012
1–7 of 12

1107, Concorde Tower in numbers

  • Sold twice: first on 30 January 2017 for AED 891,105, last on 24 April 2017 for AED 1,200,000 (AED 837 per sqft).
  • Rented since December 2012 on 4 Ejari contracts, from AED 55,000 to AED 76,707 a year.
  • At AED 76,707 a year the gross yield on the 2017 price is 6.4%, 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 24 April 2017.

Questions about 1107, Concorde Tower

What did unit 1107 last sell for?

AED 1,200,000 on 24 April 2017: AED 837 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 891,105 in January 2017.

What is the rent for unit 1107?

AED 76,707 a year on the contract renewed on 9 December 2016. The previous contract, from December 2015, was AED 73,054; the unit has been rented since December 2012.

How big is unit 1107?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 11th floor of a 43-storey tower completed in 2008.

What is unit 1107 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 1107, Concorde Tower

Starts from the last sale price (AED 1.2M, 24 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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