1505, Concorde Tower
Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Concorde Tower
What is 1505 worth today?
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Source: Dubai Land Department. Updated 17 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 955 sqft
- Floor
- 15th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 19,000 /yr
- Last sold
- AED 1.08M · August 2014
- Building
- Concorde Tower
About 1505, Concorde Tower
1505 is a one-bedroom apartment of 955 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 17 August 2014 for AED 1,080,000, or AED 1,131 per sqft, 7% above the AED 1,059 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 17 August 2023, is AED 72,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 19,000 a year.
Sales and rents for 1505 over time
1505 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 1505 sits
All 404 1-beds →1505 last sold in August 2014 at AED 1,131 per sqft, 7% above what one-beds in Concorde Tower were fetching at the time (AED 1,059). 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. 1505's AED 72,000 is in the lower 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 15th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 372 sqft | AED 699KAED 699,000 · Jun 2024June 2024 | 62,000 /yr | |
| 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 | |
| 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 |
1505, Concorde Tower in numbers
- Sold 3 times: first on 20 June 2011 for AED 1,088,409, last on 17 August 2014 for AED 1,080,000 (AED 1,131 per sqft).
- Rented since August 2012 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 46,000 in 2021 and recovered to AED 72,000 by August 2023.
- At AED 72,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 19,000 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 August 2023.
Questions about 1505, Concorde Tower
What did unit 1505 last sell for?
AED 1,080,000 on 17 August 2014: AED 1,131 per sqft for 955 sqft. The unit has 3 registered sales; the first was AED 1,088,409 in June 2011.
What is the rent for unit 1505?
AED 72,000 a year on the contract signed on 17 August 2023. The previous contract, from August 2022, was AED 53,000; the unit has been rented since August 2012.
How big is unit 1505?
955 sqft (88.7 sqm): a one-bedroom apartment on the 15th floor of a 43-storey tower completed in 2008.
What is unit 1505 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 1505, Concorde Tower
Starts from the last sale price (AED 1.08M, 17 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,000
- Deposit, UAE resident (20%)
- AED 216,000
- Deposit, non-resident (40%)
- AED 432,000
- Monthly over 25 years at 3.7%
- AED 4,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →