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

1214, Concorde Tower

Sold prices and rental history: sold 7 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 2 November 2026
Last soldAED 680K11 June 2024
Current rentAED 55K /yr2 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Concorde Tower

What is 1214 worth today?

Last sold for AED 680,000 in 2024

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2 Nov 2026RentedNew contract
AED 55,000/yr12 months · AED 148 per sqft
1 Nov 2025RentedNew contract
AED 59,000/yr12 months · AED 159 per sqft
16 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
11 Jun 2024SoldReady
AED 680,000AED 1,829 per sqft
5 Feb 2023RentedRenewal
AED 50,000/yr12 months · AED 133 per sqft
5 Feb 2022RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
27 Oct 2020SoldReady
AED 335,000AED 901 per sqft
10 Sep 2020RentedNew contract
AED 31,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 2 November 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 680K · June 2024

About 1214, Concorde Tower

1214 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 11 June 2024 for AED 680,000, or AED 1,829 per sqft, 10% above the AED 1,667 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 2 November 2026, is AED 55,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 7,400 a year.

Sales and rents for 1214 over time

Sales
Unit 1214, 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, May 2012: AED 320,000 (AED 860 per sqft)Sold by developer, May 2012: AED 251,559 (AED 676 per sqft)Sold, September 2012: AED 418,000 (AED 1,124 per sqft)Sold, July 2013: AED 470,000 (AED 1,264 per sqft)Sold, January 2016: AED 640,000 (AED 1,721 per sqft)Sold, October 2020: AED 335,000 (AED 901 per sqft)Sold, June 2024: AED 680,000 (AED 1,829 per sqft)

1214 has sold 7 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1214, 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, December 2013: AED 52,000 a yearNew contract, December 2014: AED 60,000 a yearNew contract, December 2015: AED 60,000 a yearNew contract, December 2017: AED 50,000 a yearNew contract, September 2019: AED 35,000 a yearNew contract, September 2020: AED 31,000 a yearNew contract, February 2022: AED 30,000 a yearRenewal, February 2023: AED 50,000 a yearNew contract, September 2024: AED 60,000 a yearNew contract, November 2025: AED 59,000 a yearNew contract, November 2026: AED 55,000 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 1214 sits

All 60 studios →

1214 last sold in June 2024 at AED 1,829 per sqft, 10% above what studios in Concorde Tower were fetching at the time (AED 1,667). 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. 1214's AED 55,000 is in the upper 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
1204StudioAED 315K · Jan 2012
12051-bedAED 1.1M · Sep 2024
12061-bedAED 537K · Jul 2012
12071-bedAED 1.3M · Mar 2015
1–7 of 13

1214, Concorde Tower in numbers

  • Sold 7 times: first on 16 May 2012 for AED 251,559, last on 11 June 2024 for AED 680,000 (AED 1,829 per sqft).
  • Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 52,000 to AED 30,000 in 2022 and recovered to AED 55,000 by November 2026.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.1%, 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 2 November 2026.

Questions about 1214, Concorde Tower

What did unit 1214 last sell for?

AED 680,000 on 11 June 2024: AED 1,829 per sqft for 372 sqft. The unit has 7 registered sales; the first was AED 251,559 in May 2012.

What is the rent for unit 1214?

AED 55,000 a year on the contract signed on 2 November 2026. The previous contract, from November 2025, was AED 59,000; the unit has been rented since December 2013.

How big is unit 1214?

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

What is unit 1214 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 1214, Concorde Tower

Starts from the last sale price (AED 680K, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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