1408, Concorde Tower
Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Concorde Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 17 November 2025.
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 1.5M · February 2014
- Building
- Concorde Tower
About 1408, Concorde Tower
1408 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 12 February 2014 for AED 1,500,000, or AED 1,047 per sqft, 17% above the AED 895 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 17 November 2025, is AED 130,000 a year: a gross yield of 8.7% on the 2014 price, before the service charge of about AED 28,500 a year.
Sales and rents for 1408 over time
1408 has sold 3 times; 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 1408 sits
All 404 1-beds →1408 last sold in February 2014 at AED 1,047 per sqft, 17% above what one-beds in Concorde Tower were fetching at the time (AED 895). 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. 1408's AED 130,000 is in the upper 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 | |
| 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 | |
| 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 | ||
| 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 |
1408, Concorde Tower in numbers
- Sold 3 times: first on 1 August 2011 for AED 572,988, last on 12 February 2014 for AED 1,500,000 (AED 1,047 per sqft).
- Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2022 and recovered to AED 130,000 by November 2025.
- At AED 130,000 a year the gross yield on the 2014 price is 8.7%, before a service charge of about AED 28,500 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 17 November 2025.
Questions about 1408, Concorde Tower
What did unit 1408 last sell for?
AED 1,500,000 on 12 February 2014: AED 1,047 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 572,988 in August 2011.
What is the rent for unit 1408?
AED 130,000 a year on the contract renewed on 17 November 2025. The previous contract, from November 2024, was AED 130,000; the unit has been rented since October 2017.
How big is unit 1408?
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 1408 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 1408, Concorde Tower
Starts from the last sale price (AED 1.5M, 12 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →