1-bed · 825 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2008

1406, Concorde Tower

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 7 April 2026
Last soldAED 1.2M4 June 2024
Current rentAED 125K /yr7 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Concorde Tower

What is 1406 worth today?

Last sold for AED 1,200,000 in 2024

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7 Apr 2026RentedRenewal
AED 125,000/yr6 months · AED 151 per sqft
7 Apr 2025RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
7 Apr 2025RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
4 Jun 2024SoldReady
AED 1,200,000AED 1,453 per sqft
7 Jan 2024RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
10 Oct 2022SoldReady
AED 665,000AED 805 per sqft
1 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
1 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 7 April 2026.

Key facts

Type
1-bed apartment
Size
825 sqft
Floor
14th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,400 /yr
Last sold
AED 1.2M · June 2024

About 1406, Concorde Tower

1406 is a one-bedroom apartment of 825 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 4 June 2024 for AED 1,200,000, or AED 1,453 per sqft, 46% above the AED 994 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 7 April 2026, is AED 125,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 16,400 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, May 2013: AED 967,075 (AED 1,171 per sqft)Sold, October 2022: AED 665,000 (AED 805 per sqft)Sold, June 2024: AED 1,200,000 (AED 1,453 per sqft)

1406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, each contractTypical one-bed in Concorde Tower
50K100K20112015201920232027Typical 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, September 2013: AED 65,000 a yearNew contract, September 2019: AED 66,000 a yearNew contract, September 2020: AED 45,000 a yearRenewal, September 2021: AED 45,000 a yearNew contract, January 2024: AED 105,000 a yearNew contract, April 2025: AED 105,000 a yearNew contract, April 2025: AED 105,000 a yearRenewal, April 2026: AED 125,000 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 1406 sits

All 404 1-beds →

1406 last sold in June 2024 at AED 1,453 per sqft, 46% above what one-beds in Concorde Tower were fetching at the time (AED 994). 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. 1406's AED 125,000 is in the upper 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
14051-bedAED 1.11M · Dec 2010
14071-bedAED 1.26M · Jul 2023
14081-bedAED 1.5M · Feb 2014
1–7 of 13

1406, Concorde Tower in numbers

  • Sold 3 times: first on 21 May 2013 for AED 967,075, last on 4 June 2024 for AED 1,200,000 (AED 1,453 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 125,000 by April 2026.
  • At AED 125,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 16,400 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 7 April 2026.

Questions about 1406, Concorde Tower

What did unit 1406 last sell for?

AED 1,200,000 on 4 June 2024: AED 1,453 per sqft for 825 sqft. The unit has 3 registered sales; the first was AED 967,075 in May 2013.

What is the rent for unit 1406?

AED 125,000 a year on the contract renewed on 7 April 2026. The previous contract, from April 2025, was AED 105,000; the unit has been rented since September 2013.

How big is unit 1406?

825 sqft (76.6 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower completed in 2008.

What is unit 1406 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 1406, Concorde Tower

Starts from the last sale price (AED 1.2M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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