Home
Dubai prices
About
Research
1-bed · 955 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2008

1405, Concorde Tower

Sold prices and rental history: sold once, by the developer in December 2010, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 1 August 2018
Last soldAED 1.11M26 December 2010
Current rentAED 50K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1405

Property timeline for 1405, Concorde Tower

What is 1405 worth today?

Last sold for AED 1,110,665 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
26 Dec 2010Sold by developerReady
AED 1,110,665AED 1,163 per sqft

Source: Dubai Land Department. Updated 1 August 2018.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
14th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 19,000 /yr
Last sold
AED 1.11M · December 2010
Building
Concorde Tower

About 1405, Concorde Tower

1405 is a one-bedroom apartment of 955 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 26 December 2010 for AED 1,110,665, or AED 1,163 per sqft, 65% above the AED 706 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2018. The current contract, signed on 1 August 2018, is AED 50,000 a year: a gross yield of 4.5% on the 2010 price, before the service charge of about AED 19,000 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, December 2010: AED 1,110,665 (AED 1,163 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, 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, August 2018: AED 50,000 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 1405 sits

All 404 1-beds →

1405 last sold in December 2010 at AED 1,163 per sqft, 65% above what one-beds in Concorde Tower were fetching at the time (AED 706). 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. 1405's AED 50,000 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 14th floor

All 470 units in Concorde Tower
Value
1401StudioAED 620K · May 2014
14021-bedAED 535K · Mar 2011
14031-bedAED 1.03M · Mar 2026
1404StudioAED 490K · Oct 2021
14061-bedAED 1.2M · Jun 2024
14071-bedAED 1.26M · Jul 2023
14081-bedAED 1.5M · Feb 2014
1–7 of 13

1405, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 26 December 2010 for AED 1,110,665, or AED 1,163 per sqft.
  • Rented since August 2018 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 4.5%, before a service charge of about AED 19,000 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 August 2018.

Questions about 1405, Concorde Tower

What did unit 1405 last sell for?

AED 1,110,665 on 26 December 2010, sold by the developer: AED 1,163 per sqft for 955 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 50,000 a year on the contract signed on 1 August 2018.

How big is unit 1405?

955 sqft (88.7 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower completed in 2008.

What is unit 1405 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.

Selling 1405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1405, Concorde Tower

Starts from the last sale price (AED 1.11M, 26 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,110,665
Deposit, UAE resident (20%)
AED 222,133
Deposit, non-resident (40%)
AED 444,266
Monthly over 25 years at 3.7%
AED 4,544

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