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1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 16th floor · completed 2008

1607, Concorde Tower

Sold prices and rental history: sold twice, last in October 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 7 October 2013
Last soldAED 625K7 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1607, Concorde Tower

What is 1607 worth today?

Last sold for AED 625,000 in 2013

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7 Oct 2013SoldReady
AED 625,000AED 436 per sqft
12 Aug 2013Sold by developerReady
AED 1,219,031AED 851 per sqft

Source: Dubai Land Department. Updated 7 October 2013.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
16th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 625K · October 2013
Building
Concorde Tower

About 1607, Concorde Tower

1607 is a one-bedroom apartment of 1,432 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 7 October 2013 for AED 625,000, or AED 436 per sqft, 48% below the AED 838 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical one-bed in Concorde Tower
500K1M2010201520202025Typical sale price by year: 2010 AED 770,114; 2011 AED 585,000; 2012 AED 575,000; 2013 AED 787,600; 2014 AED 1,073,000; 2015 AED 1,005,354; 2016 AED 1,035,000; 2017 AED 910,000; 2018 AED 825,000; 2019 AED 675,000; 2020 AED 535,000; 2021 AED 600,000; 2022 AED 750,000; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,077,500; 2026 AED 1,165,000Sold by developer, August 2013: AED 1,219,031 (AED 851 per sqft)Sold, October 2013: AED 625,000 (AED 436 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical rent by year: 2011 AED 48,000; 2012 AED 53,000; 2013 AED 65,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 82,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 60,170; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 57,000; 2023 AED 65,000; 2024 AED 73,500; 2025 AED 80,000; 2026 AED 78,000

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 1607 sits

All 404 1-beds →

1607 last sold in October 2013 at AED 436 per sqft, 48% below what one-beds in Concorde Tower were fetching at the time (AED 838). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,274,510
2 Sep 20261,200,000
26 Aug 2026835,000
2 Jul 20261,300,000
25 1-bed 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
1604StudioAED 345K · Oct 2011
16051-bedAED 1.08M · May 2017
16061-bedAED 729K · Aug 2011
16081-bedAED 1.25M · Aug 2023
1–7 of 12

1607, Concorde Tower in numbers

  • Sold twice: first on 12 August 2013 for AED 1,219,031, last on 7 October 2013 for AED 625,000 (AED 436 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 7 October 2013.

Questions about 1607, Concorde Tower

What did unit 1607 last sell for?

AED 625,000 on 7 October 2013: AED 436 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 1,219,031 in August 2013.

How big is unit 1607?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 16th floor of a 43-storey tower completed in 2008.

What is unit 1607 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 1607, Concorde Tower

Starts from the last sale price (AED 625K, 7 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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