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Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 15th floor · completed 2008

1504, Concorde Tower

Sold prices and rental history: sold twice, last in February 2012, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 22 January 2013
Last soldAED 365K12 February 2012
Current rentAED 45K /yr22 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1504, Concorde Tower

What is 1504 worth today?

Last sold for AED 365,000 in 2012

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22 Jan 2013RentedNew contract
AED 45,000/yr12 months · AED 89 per sqft
12 Feb 2012SoldReady
AED 365,000AED 722 per sqft
20 Jun 2011Sold by developerReady
AED 575,808AED 1,140 per sqft

Source: Dubai Land Department. Updated 22 January 2013.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
15th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 365K · February 2012
Building
Concorde Tower

About 1504, Concorde Tower

1504 is a studio of 505 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 12 February 2012 for AED 365,000, or AED 722 per sqft, 16% above the AED 623 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 January 2013. The current contract, signed on 22 January 2013, is AED 45,000 a year: a gross yield of 12.3% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical studio in Concorde Tower
400K600K2010201420182022Typical sale price by year: 2010 AED 281,326; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, June 2011: AED 575,808 (AED 1,140 per sqft)Sold, February 2012: AED 365,000 (AED 722 per sqft)

1504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 55,000; 2015 AED 62,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,500; 2021 AED 32,500; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 57,500; 2026 AED 54,500New contract, January 2013: AED 45,000 a year

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 1504 sits

All 60 studios →

1504 last sold in February 2012 at AED 722 per sqft, 16% above what studios in Concorde Tower were fetching at the time (AED 623). 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. 1504's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Aug 2026660,000
19 May 2026790,000
27 Nov 2025830,000
25 Mar 2025625,000
3 studio 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
15031-bedAED 575K · Jul 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

1504, Concorde Tower in numbers

  • Sold twice: first on 20 June 2011 for AED 575,808, last on 12 February 2012 for AED 365,000 (AED 722 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2012 price is 12.3%, before a service charge of about AED 10,100 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 22 January 2013.

Questions about 1504, Concorde Tower

What did unit 1504 last sell for?

AED 365,000 on 12 February 2012: AED 722 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 575,808 in June 2011.

What is the rent for unit 1504?

AED 45,000 a year on the contract signed on 22 January 2013.

How big is unit 1504?

505 sqft (46.9 sqm): a studio on the 15th floor of a 43-storey tower completed in 2008.

What is unit 1504 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.

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Mortgage on 1504, Concorde Tower

Starts from the last sale price (AED 365K, 12 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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