1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 15th floor · completed 2008

1502, Concorde Tower

Sold prices and rental history: sold 3 times, last in August 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 520K29 August 2012
Current rentAED 70K /yr10 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Concorde Tower

What is 1502 worth today?

Last sold for AED 520,000 in 2012

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10 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 103 per sqft
10 Dec 2024RentedNew contract
AED 67,818/yr12 months · AED 100 per sqft
1 Sep 2023RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
1 Sep 2022RentedRenewal
AED 40,000/yr12 months · AED 60 per sqft
1 Sep 2021RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
1 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 66 per sqft
1 Sep 2018RentedRenewal
AED 75,000/yr12 months · AED 111 per sqft
1 Sep 2015RentedRenewal
AED 75,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
15th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 520K · August 2012

About 1502, Concorde Tower

1502 is a one-bedroom apartment of 675 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 29 August 2012 for AED 520,000, or AED 769 per sqft, 19% above the AED 645 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 10 December 2025, is AED 70,000 a year: a gross yield of 13.5% on the 2012 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, June 2011: AED 770,070 (AED 1,140 per sqft)Sold, July 2012: AED 472,808 (AED 700 per sqft)Sold, August 2012: AED 520,000 (AED 769 per sqft)

1502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical 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 2014: AED 75,000 a yearRenewal, September 2015: AED 75,000 a yearRenewal, September 2018: AED 75,000 a yearNew contract, November 2019: AED 45,000 a yearNew contract, September 2021: AED 40,000 a yearRenewal, September 2022: AED 40,000 a yearRenewal, September 2023: AED 45,000 a yearNew contract, December 2024: AED 67,818 a yearNew contract, December 2025: AED 70,000 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 1502 sits

All 404 1-beds →

1502 last sold in August 2012 at AED 769 per sqft, 19% above what one-beds in Concorde Tower were fetching at the time (AED 645). 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. 1502's AED 70,000 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 15th floor

All 470 units in Concorde Tower
Value
1501StudioAED 699K · Jun 2024
15031-bedAED 575K · Jul 2012
1504StudioAED 365K · Feb 2012
15051-bedAED 1.08M · Aug 2014
15061-bedAED 1.36M · May 2026
15071-bedAED 1.4M · Jan 2024
15081-bedAED 943K · May 2022
1–7 of 13

1502, Concorde Tower in numbers

  • Sold 3 times: first on 20 June 2011 for AED 770,070, last on 29 August 2012 for AED 520,000 (AED 769 per sqft).
  • Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2022 and recovered to AED 70,000 by December 2025.
  • At AED 70,000 a year the gross yield on the 2012 price is 13.5%, before a service charge of about AED 13,500 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 10 December 2025.

Questions about 1502, Concorde Tower

What did unit 1502 last sell for?

AED 520,000 on 29 August 2012: AED 769 per sqft for 675 sqft. The unit has 3 registered sales; the first was AED 770,070 in June 2011.

What is the rent for unit 1502?

AED 70,000 a year on the contract signed on 10 December 2025. The previous contract, from December 2024, was AED 67,818; the unit has been rented since September 2014.

How big is unit 1502?

675 sqft (62.7 sqm): a one-bedroom apartment on the 15th floor of a 43-storey tower completed in 2008.

What is unit 1502 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 1502, Concorde Tower

Starts from the last sale price (AED 520K, 29 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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