1501, Concorde Tower
Sold prices and rental history: sold 5 times, last in June 2024, 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 1501, Concorde Tower
What is 1501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 372 sqft
- Floor
- 15th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 7,400 /yr
- Last sold
- AED 699K · June 2024
- Building
- Concorde Tower
About 1501, Concorde Tower
1501 is a studio of 372 sqft on the 15th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 10 June 2024 for AED 699,000, or AED 1,880 per sqft, 19% above the AED 1,576 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 16 September 2025, is AED 62,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 7,400 a year.
Sales and rents for 1501 over time
1501 has sold 5 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 1501 sits
All 60 studios →1501 last sold in June 2024 at AED 1,880 per sqft, 19% above what studios in Concorde Tower were fetching at the time (AED 1,576). 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. 1501's AED 62,000 is in the upper 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 15th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 675 sqft | AED 520KAED 520,000 · Aug 2012August 2012 | 70,000 /yr | |
| 1503 | 1-bed | 819 sqft | AED 575KAED 575,000 · Jul 2012July 2012 | ||
| 1504 | Studio | 505 sqft | AED 365KAED 365,000 · Feb 2012February 2012 | 45,000 /yr | |
| 1505 | 1-bed | 955 sqft | AED 1.08MAED 1,080,000 · Aug 2014August 2014 | 72,000 /yr | |
| 1506 | 1-bed | 825 sqft | AED 1.36MAED 1,363,000 · May 2026May 2026 | 125,000 /yr | |
| 1507 | 1-bed | 1,432 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 105,000 /yr | |
| 1508 | 1-bed | 1,432 sqft | AED 943KAED 943,000 · May 2022May 2022 | 87,000 /yr | |
| 1509 | 1-bed | 971 sqft | AED 750KAED 750,000 · Dec 2022December 2022 | 90,000 /yr | |
| 1510 | 1-bed | 980 sqft | AED 980KAED 980,000 · Feb 2014February 2014 | 80,000 /yr | |
| 1511 | Studio | 505 sqft | AED 365KAED 365,000 · Feb 2012February 2012 | 40,000 /yr | |
| 1512 | 1-bed | 819 sqft | AED 600KAED 600,000 · Nov 2012November 2012 | 65,000 /yr | |
| 1513 | 1-bed | 675 sqft | AED 970KAED 970,000 · Apr 2025April 2025 | 78,000 /yr | |
| 1514 | Studio | 372 sqft | AED 455KAED 455,000 · Sep 2022September 2022 | 50,000 /yr |
1501, Concorde Tower in numbers
- Sold 5 times: first on 20 June 2011 for AED 423,878, last on 10 June 2024 for AED 699,000 (AED 1,880 per sqft).
- Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 42,000 to AED 31,000 in 2021 and recovered to AED 62,000 by September 2025.
- At AED 62,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 7,400 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 16 September 2025.
Questions about 1501, Concorde Tower
What did unit 1501 last sell for?
AED 699,000 on 10 June 2024: AED 1,880 per sqft for 372 sqft. The unit has 5 registered sales; the first was AED 423,878 in June 2011.
What is the rent for unit 1501?
AED 62,000 a year on the contract signed on 16 September 2025. The previous contract, from January 2025, was AED 62,000; the unit has been rented since October 2017.
How big is unit 1501?
372 sqft (34.6 sqm): a studio on the 15th floor of a 43-storey tower completed in 2008.
What is unit 1501 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.
Selling 1501? 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.
Mortgage on 1501, Concorde Tower
Starts from the last sale price (AED 699K, 10 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →