1202, Concorde Tower
Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Concorde Tower
What is 1202 worth today?
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Source: Dubai Land Department. Updated 1 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 12th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 13,500 /yr
- Last sold
- AED 440K · December 2010
- Building
- Concorde Tower
About 1202, Concorde Tower
1202 is a one-bedroom apartment of 675 sqft on the 12th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 9 December 2010 for AED 439,864, or AED 651 per sqft, in line with the AED 662 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 45,000 a year: a gross yield of 10.2% on the 2010 price, before the service charge of about AED 13,500 a year.
Sales and rents for 1202 over time
1202 has sold once; 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 1202 sits
All 404 1-beds →1202 last sold in December 2010 at AED 651 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 662). 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. 1202's AED 45,000 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 12th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 372 sqft | AED 495KAED 495,000 · Jan 2015January 2015 | 45,000 /yr | |
| 1203 | 1-bed | 819 sqft | AED 555KAED 555,000 · May 2021May 2021 | 71,500 /yr | |
| 1204 | Studio | 505 sqft | AED 315KAED 315,000 · Jan 2012January 2012 | 50,000 /yr | |
| 1205 | 1-bed | 955 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 62,000 /yr | |
| 1206 | 1-bed | 825 sqft | AED 537KAED 537,279 · Jul 2012July 2012 | 80,000 /yr | |
| 1207 | 1-bed | 1,432 sqft | AED 1.3MAED 1,300,000 · Mar 2015March 2015 | 100,000 /yr | |
| 1208 | 1-bed | 1,432 sqft | AED 700KAED 700,000 · Feb 2012February 2012 | 87,000 /yr | |
| 1209 | 1-bed | 971 sqft | AED 1.08MAED 1,080,000 · Nov 2024November 2024 | 63,000 /yr | |
| 1210 | 1-bed | 980 sqft | AED 605KAED 605,000 · Jan 2020January 2020 | 800,000 /yr | |
| 1211 | Studio | 505 sqft | AED 550KAED 550,000 · Apr 2013April 2013 | 54,000 /yr | |
| 1212 | 1-bed | 819 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 42,000 /yr | |
| 1213 | 1-bed | 675 sqft | AED 425KAED 425,000 · Apr 2012April 2012 | 75,000 /yr | |
| 1214 | Studio | 372 sqft | AED 680KAED 680,000 · Jun 2024June 2024 | 55,000 /yr |
1202, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 9 December 2010 for AED 439,864, or AED 651 per sqft.
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 56,000 to AED 40,000 in 2021 and recovered to AED 45,000 by July 2022.
- At AED 45,000 a year the gross yield on the 2010 price is 10.2%, 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 1 July 2022.
Questions about 1202, Concorde Tower
What did unit 1202 last sell for?
AED 439,864 on 9 December 2010, sold by the developer: AED 651 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 45,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 40,000; the unit has been rented since March 2019.
How big is unit 1202?
675 sqft (62.7 sqm): a one-bedroom apartment on the 12th floor of a 43-storey tower completed in 2008.
What is unit 1202 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 1202, Concorde Tower
Starts from the last sale price (AED 440K, 9 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 439,864
- Deposit, UAE resident (20%)
- AED 87,973
- Deposit, non-resident (40%)
- AED 175,946
- Monthly over 25 years at 3.7%
- AED 1,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →