Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 12th floor · completed 2008

1204, Concorde Tower

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 315K19 January 2012
Current rentAED 50K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Concorde Tower

What is 1204 worth today?

Last sold for AED 315,000 in 2012

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10 Jul 2026RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
8 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
15 Sep 2021RentedRenewal
AED 31,000/yr12 months · AED 61 per sqft
15 Sep 2020RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
20 Mar 2020RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
19 Mar 2019RentedNew contract
AED 43,000/yr12 months · AED 85 per sqft
10 Aug 2018RentedNew contract
AED 48,000/yr12 months · AED 95 per sqft
19 Jan 2012Sold by developerReady
AED 315,000AED 623 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
12th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 315K · January 2012

About 1204, Concorde Tower

1204 is a studio of 505 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 19 January 2012 for AED 315,000, or AED 623 per sqft, in line with the AED 614 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 10 July 2026, is AED 50,000 a year: a gross yield of 15.9% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical studio in Concorde Tower
400K600K2010201420182022Typical 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, January 2012: AED 315,000 (AED 623 per sqft)

1204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, 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, August 2018: AED 48,000 a yearNew contract, March 2019: AED 43,000 a yearNew contract, March 2020: AED 42,000 a yearNew contract, September 2020: AED 30,000 a yearRenewal, September 2021: AED 31,000 a yearNew contract, February 2023: AED 50,000 a yearNew contract, July 2026: AED 50,000 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 1204 sits

All 60 studios →

1204 last sold in January 2012 at AED 623 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 614). 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. 1204's AED 50,000 is in the lower half 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
1201StudioAED 495K · Jan 2015
12021-bedAED 440K · Dec 2010
12031-bedAED 555K · May 2021
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

1204, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 19 January 2012 for AED 315,000, or AED 623 per sqft.
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 30,000 in 2020 and recovered to AED 50,000 by July 2026.
  • At AED 50,000 a year the gross yield on the 2012 price is 15.9%, 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 10 July 2026.

Questions about 1204, Concorde Tower

What did unit 1204 last sell for?

AED 315,000 on 19 January 2012, sold by the developer: AED 623 per sqft for 505 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 50,000 a year on the contract signed on 10 July 2026. The previous contract, from February 2023, was AED 50,000; the unit has been rented since August 2018.

How big is unit 1204?

505 sqft (46.9 sqm): a studio on the 12th floor of a 43-storey tower completed in 2008.

What is unit 1204 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 1204, Concorde Tower

Starts from the last sale price (AED 315K, 19 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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