1301, Concorde Tower
Sold prices and rental history: sold 4 times, last in October 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, Concorde Tower
What is 1301 worth today?
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Source: Dubai Land Department. Updated 25 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 372 sqft
- Floor
- 13th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 7,400 /yr
- Last sold
- AED 685K · October 2017
- Building
- Concorde Tower
About 1301, Concorde Tower
1301 is a studio of 372 sqft on the 13th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 10 October 2017 for AED 685,000, or AED 1,842 per sqft, 32% above the AED 1,396 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 May 2024, is AED 56,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 7,400 a year.
Sales and rents for 1301 over time
1301 has sold 4 times; the dashed line is the studio median of each year in the building.
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 1301 sits
All 60 studios →1301 last sold in October 2017 at AED 1,842 per sqft, 32% above what studios in Concorde Tower were fetching at the time (AED 1,396). 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. 1301's AED 56,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 372 sqft | 660,000 | 1,775 | ||
| 19 May 202619 May 2026 | 453 sqft | 790,000 | 1,744 | ||
| 27 Nov 202527 November 2025 | 505 sqft | 830,000 | 1,643 | ||
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 |
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 13th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1303 | 1-bed | 819 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | 75,000 /yr | |
| 1304 | Studio | 505 sqft | AED 710KAED 710,000 · Jun 2015June 2015 | 51,207 /yr | |
| 1305 | 1-bed | 955 sqft | AED 841KAED 841,378 · Jun 2011June 2011 | 73,500 /yr | |
| 1306 | 1-bed | 825 sqft | AED 1.14MAED 1,135,000 · Jan 2025January 2025 | 48,000 /yr | |
| 1307 | 1-bed | 1,432 sqft | AED 1.25MAED 1,250,000 · May 2016May 2016 | 72,000 /yr | |
| 1308 | 1-bed | 1,432 sqft | AED 830KAED 830,000 · Jun 2012June 2012 | 96,000 /yr | |
| 1309 | 1-bed | 971 sqft | AED 790KAED 790,000 · Dec 2022December 2022 | 53,000 /yr | |
| 1310 | 1-bed | 980 sqft | AED 900KAED 900,000 · Jun 2018June 2018 | 84,000 /yr | |
| 1311 | Studio | 505 sqft | AED 708KAED 708,000 · Feb 2015February 2015 | 55,000 /yr | |
| 1312 | 1-bed | 819 sqft | AED 980KAED 980,000 · Apr 2025April 2025 | 60,000 /yr | |
| 1313 | 1-bed | 675 sqft | AED 850KAED 850,000 · Nov 2023November 2023 | 60,000 /yr | |
| 1314 | Studio | 372 sqft | AED 425KAED 425,000 · Feb 2022February 2022 | 62,000 /yr |
1301, Concorde Tower in numbers
- Sold 4 times: first on 29 April 2012 for AED 241,746, last on 10 October 2017 for AED 685,000 (AED 1,842 per sqft).
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 27,000 in 2020 and recovered to AED 56,000 by May 2024.
- At AED 56,000 a year the gross yield on the 2017 price is 8.2%, 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 25 May 2024.
Questions about 1301, Concorde Tower
What did unit 1301 last sell for?
AED 685,000 on 10 October 2017: AED 1,842 per sqft for 372 sqft. The unit has 4 registered sales; the first was AED 241,746 in April 2012.
What is the rent for unit 1301?
AED 56,000 a year on the contract signed on 25 May 2024. The previous contract, from April 2023, was AED 52,000; the unit has been rented since February 2018.
How big is unit 1301?
372 sqft (34.6 sqm): a studio on the 13th floor of a 43-storey tower completed in 2008.
What is unit 1301 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 1301, Concorde Tower
Starts from the last sale price (AED 685K, 10 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 685,000
- Deposit, UAE resident (20%)
- AED 137,000
- Deposit, non-resident (40%)
- AED 274,000
- Monthly over 25 years at 3.7%
- AED 2,803
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →