1404, Concorde Tower
Sold prices and rental history: sold 4 times, last in October 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Concorde Tower
What is 1404 worth today?
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Source: Dubai Land Department. Updated 14 October 2021.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 14th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 490K · October 2021
- Building
- Concorde Tower
About 1404, Concorde Tower
1404 is a studio of 505 sqft on the 14th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 14 October 2021 for AED 490,000, or AED 970 per sqft, 4% above the AED 936 studios in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 11 October 2019, is AED 47,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1404 over time
1404 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 1404 sits
All 60 studios →1404 last sold in October 2021 at AED 970 per sqft, 4% above what studios in Concorde Tower were fetching at the time (AED 936). 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. 1404's AED 47,000 is in the lower 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 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 | |
| 1402 | 1-bed | 675 sqft | AED 535KAED 535,323 · Mar 2011March 2011 | 68,000 /yr | |
| 1403 | 1-bed | 819 sqft | AED 1.03MAED 1,030,000 · Mar 2026March 2026 | 70,000 /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 |
1404, Concorde Tower in numbers
- Sold 4 times: first on 10 March 2011 for AED 252,525, last on 14 October 2021 for AED 490,000 (AED 970 per sqft).
- Rented since October 2018 on 2 Ejari contracts, at AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2021 price is 9.6%, 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 14 October 2021.
Questions about 1404, Concorde Tower
What did unit 1404 last sell for?
AED 490,000 on 14 October 2021: AED 970 per sqft for 505 sqft. The unit has 4 registered sales; the first was AED 252,525 in March 2011.
What is the rent for unit 1404?
AED 47,000 a year on the contract renewed on 11 October 2019. The previous contract, from October 2018, was AED 47,000.
How big is unit 1404?
505 sqft (46.9 sqm): a studio on the 14th floor of a 43-storey tower completed in 2008.
What is unit 1404 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 1404, Concorde Tower
Starts from the last sale price (AED 490K, 14 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →