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1-bed · 971 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 13th floor · completed 2008

1309, Concorde Tower

Sold prices and rental history: sold 4 times, last in December 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 9 December 2022
Last soldAED 790K9 December 2022
Current rentAED 53K /yr2 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1309, Concorde Tower

What is 1309 worth today?

Last sold for AED 790,000 in 2022

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9 Dec 2022SoldReady
AED 790,000AED 813 per sqft
2 Apr 2022RentedRenewal
AED 53,000/yr6 months · AED 55 per sqft
2 Feb 2021RentedRenewal
AED 53,000/yr14 months · AED 55 per sqft
2 Feb 2020RentedNew contract
AED 58,000/yr12 months · AED 60 per sqft
12 Nov 2018RentedNew contract
AED 74,000/yr12 months · AED 76 per sqft
7 May 2017SoldReady
AED 1,000,000AED 1,029 per sqft
1 Oct 2016RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
13 Jul 2011SoldReady
AED 485,670AED 500 per sqft

Source: Dubai Land Department. Updated 9 December 2022.

Key facts

Type
1-bed apartment
Size
971 sqft
Floor
13th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 19,300 /yr
Last sold
AED 790K · December 2022
Building
Concorde Tower

About 1309, Concorde Tower

1309 is a one-bedroom apartment of 971 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 9 December 2022 for AED 790,000, or AED 813 per sqft, 6% above the AED 765 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 2 April 2022, is AED 53,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 19,300 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, June 2011: AED 637,426 (AED 656 per sqft)Sold, July 2011: AED 485,670 (AED 500 per sqft)Sold, May 2017: AED 1,000,000 (AED 1,029 per sqft)Sold, December 2022: AED 790,000 (AED 813 per sqft)

1309 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1309, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical 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, October 2016: AED 85,000 a yearNew contract, November 2018: AED 74,000 a yearNew contract, February 2020: AED 58,000 a yearRenewal, February 2021: AED 53,000 a yearRenewal, April 2022: AED 53,000 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 1309 sits

All 404 1-beds →

1309 last sold in December 2022 at AED 813 per sqft, 6% above what one-beds in Concorde Tower were fetching at the time (AED 765). 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. 1309's AED 53,000 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 13th floor

All 470 units in Concorde Tower
Value
1301StudioAED 685K · Oct 2017
13031-bedAED 1M · Nov 2025
1304StudioAED 710K · Jun 2015
13051-bedAED 841K · Jun 2011
13061-bedAED 1.14M · Jan 2025
13071-bedAED 1.25M · May 2016
13081-bedAED 830K · Jun 2012
1–7 of 12

1309, Concorde Tower in numbers

  • Sold 4 times: first on 23 June 2011 for AED 637,426, last on 9 December 2022 for AED 790,000 (AED 813 per sqft).
  • Rented since October 2016 on 5 Ejari contracts, from AED 85,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 19,300 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 9 December 2022.

Questions about 1309, Concorde Tower

What did unit 1309 last sell for?

AED 790,000 on 9 December 2022: AED 813 per sqft for 971 sqft. The unit has 4 registered sales; the first was AED 637,426 in June 2011.

What is the rent for unit 1309?

AED 53,000 a year on the contract renewed on 2 April 2022. The previous contract, from February 2021, was AED 53,000; the unit has been rented since October 2016.

How big is unit 1309?

971 sqft (90.2 sqm): a one-bedroom apartment on the 13th floor of a 43-storey tower completed in 2008.

What is unit 1309 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 1309, Concorde Tower

Starts from the last sale price (AED 790K, 9 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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