Studio · 372 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 12th floor · completed 2008

1201, Concorde Tower

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

Unit 1201 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 495K18 January 2015
Current rentAED 45K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Concorde Tower

What is 1201 worth today?

Last sold for AED 495,000 in 2015

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5 Jul 2026RentedNew contract
AED 45,000/yr12 months · AED 121 per sqft
26 Aug 2025RentedNew contract
AED 57,000/yr12 months · AED 153 per sqft
20 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 146 per sqft
18 Aug 2023RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft
25 Jun 2022RentedNew contract
AED 41,000/yr12 months · AED 109 per sqft
16 Jun 2020RentedNew contract
AED 40,800/yr12 months · AED 108 per sqft
15 Mar 2019RentedNew contract
AED 44,000/yr12 months · AED 117 per sqft
19 Oct 2017RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
Studio apartment
Size
372 sqft
Floor
12th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 7,400 /yr
Last sold
AED 495K · January 2015

About 1201, Concorde Tower

1201 is a studio of 372 sqft on the 12th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 18 January 2015 for AED 495,000, or AED 1,331 per sqft, in line with the AED 1,351 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 5 July 2026, is AED 45,000 a year: a gross yield of 9.1% on the 2015 price, before the service charge of about AED 7,400 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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 by developer, April 2012: AED 238,981 (AED 642 per sqft)Sold, January 2015: AED 495,000 (AED 1,331 per sqft)

1201 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1201, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical 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 53,000 a yearNew contract, September 2014: AED 53,000 a yearNew contract, October 2017: AED 50,000 a yearNew contract, March 2019: AED 44,000 a yearNew contract, June 2020: AED 40,800 a yearNew contract, June 2022: AED 41,000 a yearNew contract, August 2023: AED 50,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, August 2025: AED 57,000 a yearNew contract, July 2026: AED 45,000 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 1201 sits

All 60 studios →

1201 last sold in January 2015 at AED 1,331 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 1,351). 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. 1201's AED 45,000 is at the bottom 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 12th floor

All 470 units in Concorde Tower
Value
12021-bedAED 440K · Dec 2010
12031-bedAED 555K · May 2021
1204StudioAED 315K · Jan 2012
12051-bedAED 1.1M · Sep 2024
12061-bedAED 537K · Jul 2012
12071-bedAED 1.3M · Mar 2015
12081-bedAED 700K · Feb 2012
1–7 of 13

1201, Concorde Tower in numbers

  • Sold twice: first on 29 April 2012 for AED 238,981, last on 18 January 2015 for AED 495,000 (AED 1,331 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 53,000 to AED 40,800 in 2020 and recovered to AED 45,000 by July 2026.
  • At AED 45,000 a year the gross yield on the 2015 price is 9.1%, 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 5 July 2026.

Questions about 1201, Concorde Tower

What did unit 1201 last sell for?

AED 495,000 on 18 January 2015: AED 1,331 per sqft for 372 sqft. The unit has 2 registered sales; the first was AED 238,981 in April 2012.

What is the rent for unit 1201?

AED 45,000 a year on the contract signed on 5 July 2026. The previous contract, from August 2025, was AED 57,000; the unit has been rented since September 2013.

How big is unit 1201?

372 sqft (34.6 sqm): a studio on the 12th floor of a 43-storey tower completed in 2008.

What is unit 1201 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 1201, Concorde Tower

Starts from the last sale price (AED 495K, 18 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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