1111, Concorde Tower
Sold prices and rental history: sold twice, last in March 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1111, Concorde Tower
What is 1111 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 11th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 750K · March 2024
- Building
- Concorde Tower
About 1111, Concorde Tower
1111 is a studio of 505 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 8 March 2024 for AED 750,000, or AED 1,485 per sqft, in line with the AED 1,485 studios in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 27 September 2019, is AED 40,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1111 over time
1111 has sold twice; the dashed line is the studio median of each year in the building.
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 1111 sits
All 60 studios →1111 last sold in March 2024 at AED 1,485 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 1,485). 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. 1111's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 372 sqft | 660,000 | 1,775 | ||
| 19 May 202619 May 2026 | 453 sqft | 790,000 | 1,744 | ||
| 27 Nov 202527 November 2025 | 505 sqft | 830,000 | 1,643 | ||
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 |
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 11th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 744 sqft | AED 545KAED 545,000 · Nov 2021November 2021 | 85,000 /yr | |
| 1102 | 1-bed | 675 sqft | AED 470KAED 470,000 · Mar 2012March 2012 | 55,000 /yr | |
| 1103 | 1-bed | 819 sqft | AED 1.03MAED 1,025,000 · Nov 2025November 2025 | 76,000 /yr | |
| 1104 | Studio | 505 sqft | AED 685KAED 685,000 · Feb 2014February 2014 | 50,000 /yr | |
| 1105 | 1-bed | 955 sqft | AED 1.25MAED 1,250,000 · Apr 2026April 2026 | 85,000 /yr | |
| 1106 | 1-bed | 825 sqft | AED 501KAED 501,460 · May 2011May 2011 | 79,000 /yr | |
| 1107 | 1-bed | 1,432 sqft | AED 1.2MAED 1,200,000 · Apr 2017April 2017 | 76,707 /yr | |
| 1108 | 1-bed | 1,432 sqft | AED 700KAED 700,000 · May 2012May 2012 | 100,000 /yr | |
| 1109 | 1-bed | 971 sqft | AED 740KAED 740,000 · Sep 2022September 2022 | 85,000 /yr | |
| 1110 | 1-bed | 980 sqft | AED 1.13MAED 1,130,000 · Jun 2025June 2025 | 85,000 /yr | |
| 1112 | 1-bed | 819 sqft | AED 1.16MAED 1,160,000 · Jun 2014June 2014 | 66,000 /yr | |
| 1113 | 1-bed | 675 sqft | AED 490KAED 490,000 · May 2021May 2021 | 61,099 /yr |
1111, Concorde Tower in numbers
- Sold twice: first on 1 October 2015 for AED 474,700, last on 8 March 2024 for AED 750,000 (AED 1,485 per sqft).
- Rented since September 2013 on 2 Ejari contracts, from AED 50,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 10,100 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 March 2024.
Questions about 1111, Concorde Tower
What did unit 1111 last sell for?
AED 750,000 on 8 March 2024: AED 1,485 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 474,700 in October 2015.
What is the rent for unit 1111?
AED 40,000 a year on the contract signed on 27 September 2019. The previous contract, from September 2013, was AED 50,000.
How big is unit 1111?
505 sqft (46.9 sqm): a studio on the 11th floor of a 43-storey tower completed in 2008.
What is unit 1111 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.
Selling 1111? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1111, Concorde Tower
Starts from the last sale price (AED 750K, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →