Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 16th floor · completed 2008

1604, Concorde Tower

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 345K13 October 2011
Current rentAED 50K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Concorde Tower

What is 1604 worth today?

Last sold for AED 345,000 in 2011

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26 Oct 2026RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
17 Aug 2025RentedRenewal
AED 55,000/yr12 months · AED 109 per sqft
17 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 109 per sqft
7 Aug 2023RentedRenewal
AED 38,500/yr12 months · AED 76 per sqft
7 Aug 2022RentedNew contract
AED 35,000/yr12 months · AED 69 per sqft
1 Jul 2021RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft
27 Jun 2020RentedRenewal
AED 39,000/yr6 months · AED 77 per sqft
27 Dec 2019RentedNew contract
AED 39,000/yr6 months · AED 77 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
16th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 345K · October 2011

About 1604, Concorde Tower

1604 is a studio of 505 sqft on the 16th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 13 October 2011 for AED 345,000, or AED 683 per sqft, 10% above the AED 623 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 26 October 2026, is AED 50,000 a year: a gross yield of 14.5% on the 2011 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, September 2011: AED 455,763 (AED 902 per sqft)Sold, October 2011: AED 345,000 (AED 683 per sqft)

1604 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1604, 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, October 2013: AED 55,000 a yearNew contract, October 2014: AED 55,000 a yearNew contract, November 2015: AED 65,000 a yearNew contract, November 2016: AED 58,000 a yearRenewal, November 2017: AED 57,000 a yearNew contract, December 2019: AED 39,000 a yearNew contract, December 2019: AED 39,000 a yearRenewal, June 2020: AED 39,000 a yearNew contract, July 2021: AED 31,000 a yearNew contract, August 2022: AED 35,000 a yearRenewal, August 2023: AED 38,500 a yearNew contract, August 2024: AED 55,000 a yearRenewal, August 2025: AED 55,000 a yearNew contract, October 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 1604 sits

All 60 studios →

1604 last sold in October 2011 at AED 683 per sqft, 10% 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. 1604'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 16th floor

All 470 units in Concorde Tower
Value
16011-bedAED 565K · Sep 2012
16021-bedAED 550K · Nov 2012
16031-bedAED 560K · Jun 2012
16051-bedAED 1.08M · May 2017
16061-bedAED 729K · Aug 2011
16071-bedAED 625K · Oct 2013
16081-bedAED 1.25M · Aug 2023
1–7 of 12

1604, Concorde Tower in numbers

  • Sold twice: first on 15 September 2011 for AED 455,763, last on 13 October 2011 for AED 345,000 (AED 683 per sqft).
  • Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 55,000 to AED 31,000 in 2021 and recovered to AED 50,000 by October 2026.
  • At AED 50,000 a year the gross yield on the 2011 price is 14.5%, 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 26 October 2026.

Questions about 1604, Concorde Tower

What did unit 1604 last sell for?

AED 345,000 on 13 October 2011: AED 683 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 455,763 in September 2011.

What is the rent for unit 1604?

AED 50,000 a year on the contract signed on 26 October 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since October 2013.

How big is unit 1604?

505 sqft (46.9 sqm): a studio on the 16th floor of a 43-storey tower completed in 2008.

What is unit 1604 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 1604, Concorde Tower

Starts from the last sale price (AED 345K, 13 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 345,000
Deposit, UAE resident (20%)
AED 69,000
Deposit, non-resident (40%)
AED 138,000
Monthly over 25 years at 3.7%
AED 1,412

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