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1-bed · 819 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 15th floor · completed 2008

1503, Concorde Tower

Sold prices and rental history: sold twice, last in July 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 5 July 2012
Last soldAED 575K5 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, Concorde Tower

What is 1503 worth today?

Last sold for AED 575,000 in 2012

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5 Jul 2012SoldReady
AED 575,000AED 701 per sqft
20 Jun 2011Sold by developerReady
AED 934,154AED 1,140 per sqft

Source: Dubai Land Department. Updated 5 July 2012.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
15th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,300 /yr
Last sold
AED 575K · July 2012
Building
Concorde Tower

About 1503, Concorde Tower

1503 is a one-bedroom apartment of 819 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 5 July 2012 for AED 575,000, or AED 701 per sqft, 10% above the AED 636 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, 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 934,154 (AED 1,140 per sqft)Sold, July 2012: AED 575,000 (AED 701 per sqft)

1503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, 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 1503 sits

All 404 1-beds →

1503 last sold in July 2012 at AED 701 per sqft, 10% above what one-beds in Concorde Tower were fetching at the time (AED 636). 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 15th floor

All 470 units in Concorde Tower
Value
1501StudioAED 699K · Jun 2024
15021-bedAED 520K · Aug 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

1503, Concorde Tower in numbers

  • Sold twice: first on 20 June 2011 for AED 934,154, last on 5 July 2012 for AED 575,000 (AED 701 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 2012.

Questions about 1503, Concorde Tower

What did unit 1503 last sell for?

AED 575,000 on 5 July 2012: AED 701 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 934,154 in June 2011.

How big is unit 1503?

819 sqft (76.1 sqm): a one-bedroom apartment on the 15th floor of a 43-storey tower completed in 2008.

What is unit 1503 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 1503, Concorde Tower

Starts from the last sale price (AED 575K, 5 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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