Studio · 372 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 15th floor · completed 2008

1514, Concorde Tower

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 23 August 2026
Last soldAED 455K12 September 2022
Current rentAED 50K /yr23 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Concorde Tower

What is 1514 worth today?

Last sold for AED 455,000 in 2022

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23 Aug 2026RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft
23 Dec 2022RentedNew contract
AED 58,500/yr12 months · AED 155 per sqft
12 Sep 2022SoldReady
AED 455,000AED 1,223 per sqft
15 Dec 2021RentedRenewal
AED 32,500/yr12 months · AED 87 per sqft
15 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 75 per sqft
6 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 108 per sqft
25 Jun 2018RentedNew contract
AED 53,000/yr12 months · AED 141 per sqft
15 Aug 2016SoldReady
AED 630,000AED 1,694 per sqft

Source: Dubai Land Department. Updated 23 August 2026.

Key facts

Type
Studio apartment
Size
372 sqft
Floor
15th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 7,400 /yr
Last sold
AED 455K · September 2022

About 1514, Concorde Tower

1514 is a studio of 372 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 September 2022 for AED 455,000, or AED 1,223 per sqft, 15% above the AED 1,062 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 23 August 2026, is AED 50,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 7,400 a year.

Sales and rents for 1514 over time

Sales
Unit 1514, each saleTypical studio in Concorde Tower
250K500K750K2010201420182022Typical 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 423,878 (AED 1,140 per sqft)Sold, December 2011: AED 225,000 (AED 605 per sqft)Sold, August 2016: AED 630,000 (AED 1,694 per sqft)Sold, September 2022: AED 455,000 (AED 1,223 per sqft)

1514 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1514, each contractTypical studio in Concorde Tower
20K40K60K2013201720212025Typical 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, February 2013: AED 19,941 a yearNew contract, June 2018: AED 53,000 a yearNew contract, October 2019: AED 40,000 a yearNew contract, December 2020: AED 28,000 a yearRenewal, December 2021: AED 32,500 a yearNew contract, December 2022: AED 58,500 a yearNew contract, August 2026: AED 50,000 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 1514 sits

All 60 studios →

1514 last sold in September 2022 at AED 1,223 per sqft, 15% above what studios in Concorde Tower were fetching at the time (AED 1,062). 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. 1514's AED 50,000 is in the lower half 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
1504StudioAED 365K · Feb 2012
15051-bedAED 1.08M · Aug 2014
15061-bedAED 1.36M · May 2026
15071-bedAED 1.4M · Jan 2024
1–7 of 13

1514, Concorde Tower in numbers

  • Sold 4 times: first on 20 June 2011 for AED 423,878, last on 12 September 2022 for AED 455,000 (AED 1,223 per sqft).
  • Rented since February 2013 on 7 Ejari contracts, from AED 19,941 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 11.0%, before a service charge of about AED 7,400 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 23 August 2026.

Questions about 1514, Concorde Tower

What did unit 1514 last sell for?

AED 455,000 on 12 September 2022: AED 1,223 per sqft for 372 sqft. The unit has 4 registered sales; the first was AED 423,878 in June 2011.

What is the rent for unit 1514?

AED 50,000 a year on the contract signed on 23 August 2026. The previous contract, from December 2022, was AED 58,500; the unit has been rented since February 2013.

How big is unit 1514?

372 sqft (34.6 sqm): a studio on the 15th floor of a 43-storey tower completed in 2008.

What is unit 1514 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 1514, Concorde Tower

Starts from the last sale price (AED 455K, 12 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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