1-bed · 955 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 12th floor · completed 2008

1205, Concorde Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 1.1M12 September 2024
Current rentAED 62K /yr17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Concorde Tower

What is 1205 worth today?

Last sold for AED 1,100,000 in 2024

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12 Sep 2024SoldReady
AED 1,100,000AED 1,152 per sqft
17 Nov 2023RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
17 Nov 2022RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
17 Nov 2021RentedNew contract
AED 54,000/yr12 months · AED 56 per sqft
28 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
25 Jun 2020RentedRenewal
AED 56,000/yr3 months · AED 58 per sqft
25 Jun 2018RentedRenewal
AED 71,000/yr24 months · AED 74 per sqft
25 Jun 2017RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
12th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 19,000 /yr
Last sold
AED 1.1M · September 2024

About 1205, Concorde Tower

1205 is a one-bedroom apartment of 955 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 12 September 2024 for AED 1,100,000, or AED 1,152 per sqft, 6% above the AED 1,090 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 17 November 2023, is AED 62,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 19,000 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, July 2012: AED 861,724 (AED 902 per sqft)Sold, April 2014: AED 600,000 (AED 628 per sqft)Sold, September 2024: AED 1,100,000 (AED 1,152 per sqft)

1205 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1205, each contractTypical one-bed in Concorde Tower
50K75K100K20112015201920232027Typical 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, April 2014: AED 93,000 a yearNew contract, June 2017: AED 80,000 a yearRenewal, June 2018: AED 71,000 a yearRenewal, June 2020: AED 56,000 a yearNew contract, November 2020: AED 45,000 a yearNew contract, November 2021: AED 54,000 a yearRenewal, November 2022: AED 62,000 a yearRenewal, November 2023: AED 62,000 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 1205 sits

All 404 1-beds →

1205 last sold in September 2024 at AED 1,152 per sqft, 6% above what one-beds in Concorde Tower were fetching at the time (AED 1,090). 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. 1205's AED 62,000 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 12th floor

All 470 units in Concorde Tower
Value
1201StudioAED 495K · Jan 2015
12021-bedAED 440K · Dec 2010
12031-bedAED 555K · May 2021
1204StudioAED 315K · Jan 2012
12061-bedAED 537K · Jul 2012
12071-bedAED 1.3M · Mar 2015
12081-bedAED 700K · Feb 2012
1–7 of 13

1205, Concorde Tower in numbers

  • Sold 3 times: first on 4 July 2012 for AED 861,724, last on 12 September 2024 for AED 1,100,000 (AED 1,152 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 93,000 to AED 45,000 in 2020 and recovered to AED 62,000 by November 2023.
  • At AED 62,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 19,000 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 12 September 2024.

Questions about 1205, Concorde Tower

What did unit 1205 last sell for?

AED 1,100,000 on 12 September 2024: AED 1,152 per sqft for 955 sqft. The unit has 3 registered sales; the first was AED 861,724 in July 2012.

What is the rent for unit 1205?

AED 62,000 a year on the contract renewed on 17 November 2023. The previous contract, from November 2022, was AED 62,000; the unit has been rented since April 2014.

How big is unit 1205?

955 sqft (88.7 sqm): a one-bedroom apartment on the 12th floor of a 43-storey tower completed in 2008.

What is unit 1205 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 1205, Concorde Tower

Starts from the last sale price (AED 1.1M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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