1606, Concorde Tower
Sold prices and rental history: sold once, by the developer in August 2011, 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 1606, Concorde Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 21 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 825 sqft
- Floor
- 16th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 16,400 /yr
- Last sold
- AED 729K · August 2011
- Building
- Concorde Tower
About 1606, Concorde Tower
1606 is a one-bedroom apartment of 825 sqft on the 16th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 4 August 2011 for AED 729,173, or AED 883 per sqft, 29% above the AED 684 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 21 December 2023, is AED 71,000 a year: a gross yield of 9.7% on the 2011 price, before the service charge of about AED 16,400 a year.
Sales and rents for 1606 over time
1606 has sold once; 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 1606 sits
All 404 1-beds →1606 last sold in August 2011 at AED 883 per sqft, 29% above what one-beds in Concorde Tower were fetching at the time (AED 684). 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. 1606's AED 71,000 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 16th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 744 sqft | AED 565KAED 565,000 · Sep 2012September 2012 | 70,000 /yr | |
| 1602 | 1-bed | 675 sqft | AED 550KAED 550,000 · Nov 2012November 2012 | 74,550 /yr | |
| 1603 | 1-bed | 819 sqft | AED 560KAED 560,000 · Jun 2012June 2012 | 66,000 /yr | |
| 1604 | Studio | 505 sqft | AED 345KAED 345,000 · Oct 2011October 2011 | 50,000 /yr | |
| 1605 | 1-bed | 955 sqft | AED 1.08MAED 1,080,000 · May 2017May 2017 | 76,000 /yr | |
| 1607 | 1-bed | 1,432 sqft | AED 625KAED 625,000 · Oct 2013October 2013 | ||
| 1608 | 1-bed | 1,432 sqft | AED 1.25MAED 1,250,000 · Aug 2023August 2023 | 77,000 /yr | |
| 1609 | 1-bed | 971 sqft | AED 970KAED 970,000 · Aug 2013August 2013 | 48,000 /yr | |
| 1610 | 1-bed | 980 sqft | AED 1.1MAED 1,100,000 · Nov 2025November 2025 | ||
| 1611 | Studio | 505 sqft | AED 600KAED 600,000 · Mar 2014March 2014 | 70,000 /yr | |
| 1612 | 1-bed | 819 sqft | AED 401KAED 401,486 · Feb 2011February 2011 | 75,000 /yr | |
| 1613 | 1-bed | 675 sqft | AED 452KAED 452,342 · Sep 2011September 2011 | 60,000 /yr |
1606, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 4 August 2011 for AED 729,173, or AED 883 per sqft.
- Rented since May 2012 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 41,000 in 2021 and recovered to AED 71,000 by December 2023.
- At AED 71,000 a year the gross yield on the 2011 price is 9.7%, before a service charge of about AED 16,400 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 21 December 2023.
Questions about 1606, Concorde Tower
What did unit 1606 last sell for?
AED 729,173 on 4 August 2011, sold by the developer: AED 883 per sqft for 825 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 71,000 a year on the contract signed on 21 December 2023. The previous contract, from January 2023, was AED 50,000; the unit has been rented since May 2012.
How big is unit 1606?
825 sqft (76.6 sqm): a one-bedroom apartment on the 16th floor of a 43-storey tower completed in 2008.
What is unit 1606 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 1606, Concorde Tower
Starts from the last sale price (AED 729K, 4 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 729,173
- Deposit, UAE resident (20%)
- AED 145,835
- Deposit, non-resident (40%)
- AED 291,669
- Monthly over 25 years at 3.7%
- AED 2,983
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →