Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 13th floor · completed 2008

1311, Concorde Tower

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 708K17 February 2015
Current rentAED 55K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, Concorde Tower

What is 1311 worth today?

Last sold for AED 708,000 in 2015

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1 Jan 2026RentedRenewal
AED 55,000/yr12 months · AED 109 per sqft
1 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 109 per sqft
4 Nov 2023RentedNew contract
AED 55,000/yr12 months · AED 109 per sqft
11 Oct 2021RentedRenewal
AED 32,000/yr12 months · AED 63 per sqft
11 Oct 2020RentedRenewal
AED 38,000/yr12 months · AED 75 per sqft
11 Oct 2019RentedRenewal
AED 48,000/yr12 months · AED 95 per sqft
11 Oct 2018RentedNew contract
AED 48,000/yr12 months · AED 95 per sqft
17 Feb 2015SoldReady
AED 708,000AED 1,401 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
13th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 708K · February 2015

About 1311, Concorde Tower

1311 is a studio of 505 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 17 February 2015 for AED 708,000, or AED 1,401 per sqft, in line with the AED 1,379 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 55,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, 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, May 2013: AED 448,566 (AED 888 per sqft)Sold, February 2015: AED 708,000 (AED 1,401 per sqft)

1311 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1311, 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, October 2018: AED 48,000 a yearRenewal, October 2019: AED 48,000 a yearRenewal, October 2020: AED 38,000 a yearRenewal, October 2021: AED 32,000 a yearNew contract, November 2023: AED 55,000 a yearNew contract, January 2025: AED 55,000 a yearRenewal, January 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 1311 sits

All 60 studios →

1311 last sold in February 2015 at AED 1,401 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 1,379). 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. 1311'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 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

1311, Concorde Tower in numbers

  • Sold twice: first on 12 May 2013 for AED 448,566, last on 17 February 2015 for AED 708,000 (AED 1,401 per sqft).
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2021 and recovered to AED 55,000 by January 2026.
  • At AED 55,000 a year the gross yield on the 2015 price is 7.8%, 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 1 January 2026.

Questions about 1311, Concorde Tower

What did unit 1311 last sell for?

AED 708,000 on 17 February 2015: AED 1,401 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 448,566 in May 2013.

What is the rent for unit 1311?

AED 55,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 55,000; the unit has been rented since October 2018.

How big is unit 1311?

505 sqft (46.9 sqm): a studio on the 13th floor of a 43-storey tower completed in 2008.

What is unit 1311 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 1311, Concorde Tower

Starts from the last sale price (AED 708K, 17 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 708,000
Deposit, UAE resident (20%)
AED 141,600
Deposit, non-resident (40%)
AED 283,200
Monthly over 25 years at 3.7%
AED 2,897

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