1508, Concorde Tower
Sold prices and rental history: sold 4 times, last in May 2022, 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 1508, Concorde Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 15 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,432 sqft
- Floor
- 15th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 28,500 /yr
- Last sold
- AED 943K · May 2022
- Building
- Concorde Tower
About 1508, Concorde Tower
1508 is a one-bedroom apartment of 1,432 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 9 May 2022 for AED 943,000, or AED 658 per sqft, 12% below the AED 747 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 87,000 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 28,500 a year.
Sales and rents for 1508 over time
1508 has sold 4 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 1508 sits
All 404 1-beds →1508 last sold in May 2022 at AED 658 per sqft, 12% below what one-beds in Concorde Tower were fetching at the time (AED 747). 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. 1508's AED 87,000 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 | |
| 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 | |
| 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 |
1508, Concorde Tower in numbers
- Sold 4 times: first on 20 June 2011 for AED 1,633,161, last on 9 May 2022 for AED 943,000 (AED 658 per sqft).
- Rented since August 2012 on 6 Ejari contracts, from AED 66,000 to AED 87,000 a year.
- At AED 87,000 a year the gross yield on the 2022 price is 9.2%, before a service charge of about AED 28,500 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 15 July 2025.
Questions about 1508, Concorde Tower
What did unit 1508 last sell for?
AED 943,000 on 9 May 2022: AED 658 per sqft for 1,432 sqft. The unit has 4 registered sales; the first was AED 1,633,161 in June 2011.
What is the rent for unit 1508?
AED 87,000 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 81,000; the unit has been rented since August 2012.
How big is unit 1508?
1,432 sqft (133.0 sqm): a one-bedroom apartment on the 15th floor of a 43-storey tower completed in 2008.
What is unit 1508 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 1508, Concorde Tower
Starts from the last sale price (AED 943K, 9 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 943,000
- Deposit, UAE resident (20%)
- AED 188,600
- Deposit, non-resident (40%)
- AED 377,200
- Monthly over 25 years at 3.7%
- AED 3,858
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →