1402, Concorde Tower
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Concorde Tower
What is 1402 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 14th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 13,500 /yr
- Last sold
- AED 535K · March 2011
- Building
- Concorde Tower
About 1402, Concorde Tower
1402 is a one-bedroom apartment of 675 sqft on the 14th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 10 March 2011 for AED 535,323, or AED 792 per sqft, 16% above the AED 684 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 December 2024, is AED 68,000 a year: a gross yield of 12.7% on the 2011 price, before the service charge of about AED 13,500 a year.
Sales and rents for 1402 over time
1402 has sold once; the dashed line is the one-bed median of each year in the building.
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 1402 sits
All 404 1-beds →1402 last sold in March 2011 at AED 792 per sqft, 16% above what one-beds in Concorde Tower were fetching at the time (AED 684). 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. 1402's AED 68,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,281 sqft | 1,274,510 | 994 | ||
| 2 Sep 20262 September 2026 | 1,281 sqft | 1,200,000 | 936 | ||
| 26 Aug 202626 August 2026 | 675 sqft | 835,000 | 1,236 | ||
| 2 Jul 20262 July 2026 | 819 sqft | 1,300,000 | 1,586 |
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 14th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 372 sqft | AED 620KAED 620,000 · May 2014May 2014 | 45,000 /yr | |
| 1403 | 1-bed | 819 sqft | AED 1.03MAED 1,030,000 · Mar 2026March 2026 | 70,000 /yr | |
| 1404 | Studio | 505 sqft | AED 490KAED 490,000 · Oct 2021October 2021 | 47,000 /yr | |
| 1405 | 1-bed | 955 sqft | AED 1.11MAED 1,110,665 · Dec 2010December 2010 | 50,000 /yr | |
| 1406 | 1-bed | 825 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 125,000 /yr | |
| 1407 | 1-bed | 1,432 sqft | AED 1.26MAED 1,260,000 · Jul 2023July 2023 | ||
| 1408 | 1-bed | 1,432 sqft | AED 1.5MAED 1,500,000 · Feb 2014February 2014 | 130,000 /yr | |
| 1409 | 1-bed | 971 sqft | AED 950KAED 950,000 · Mar 2014March 2014 | 85,000 /yr | |
| 1410 | 1-bed | 980 sqft | AED 1.05MAED 1,050,000 · Jul 2024July 2024 | 70,000 /yr | |
| 1411 | Studio | 505 sqft | AED 330KAED 330,000 · Jan 2011January 2011 | 58,000 /yr | |
| 1412 | 1-bed | 819 sqft | AED 960KAED 960,409 · Aug 2011August 2011 | 80,000 /yr | |
| 1413 | 1-bed | 675 sqft | AED 780KAED 780,000 · Sep 2023September 2023 | 105,000 /yr | |
| 1414 | Studio | 372 sqft | AED 620KAED 620,000 · Jul 2023July 2023 | 47,000 /yr |
1402, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 10 March 2011 for AED 535,323, or AED 792 per sqft.
- Rented since September 2012 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2020 and recovered to AED 68,000 by December 2024.
- At AED 68,000 a year the gross yield on the 2011 price is 12.7%, before a service charge of about AED 13,500 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 1 December 2024.
Questions about 1402, Concorde Tower
What did unit 1402 last sell for?
AED 535,323 on 10 March 2011, sold by the developer: AED 792 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 1402?
AED 68,000 a year on the contract signed on 1 December 2024. The previous contract, from November 2023, was AED 52,800; the unit has been rented since September 2012.
How big is unit 1402?
675 sqft (62.7 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower completed in 2008.
What is unit 1402 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 1402, Concorde Tower
Starts from the last sale price (AED 535K, 10 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 535,323
- Deposit, UAE resident (20%)
- AED 107,065
- Deposit, non-resident (40%)
- AED 214,129
- Monthly over 25 years at 3.7%
- AED 2,190
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →