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1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2008

1407, Concorde Tower

Sold prices and rental history: sold 3 times, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 1.26M5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1407, Concorde Tower

What is 1407 worth today?

Last sold for AED 1,260,000 in 2023

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5 Jul 2023SoldReady
AED 1,260,000AED 879 per sqft
25 May 2015SoldReady
AED 1,350,000AED 942 per sqft
8 May 2011Sold by developerReady
AED 644,612AED 450 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
14th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 1.26M · July 2023
Building
Concorde Tower

About 1407, Concorde Tower

1407 is a one-bedroom apartment of 1,432 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 5 July 2023 for AED 1,260,000, or AED 879 per sqft, 4% above the AED 848 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1407 over time

Sales
Unit 1407, 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 2011: AED 644,612 (AED 450 per sqft)Sold, May 2015: AED 1,350,000 (AED 942 per sqft)Sold, July 2023: AED 1,260,000 (AED 879 per sqft)

1407 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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 78,000

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 1407 sits

All 404 1-beds →

1407 last sold in July 2023 at AED 879 per sqft, 4% above what one-beds in Concorde Tower were fetching at the time (AED 848). 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.

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
14061-bedAED 1.2M · Jun 2024
14081-bedAED 1.5M · Feb 2014
1–7 of 13

1407, Concorde Tower in numbers

  • Sold 3 times: first on 8 May 2011 for AED 644,612, last on 5 July 2023 for AED 1,260,000 (AED 879 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 5 July 2023.

Questions about 1407, Concorde Tower

What did unit 1407 last sell for?

AED 1,260,000 on 5 July 2023: AED 879 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 644,612 in May 2011.

How big is unit 1407?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower completed in 2008.

What is unit 1407 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 1407, Concorde Tower

Starts from the last sale price (AED 1.26M, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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