1608, Concorde Tower
Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Concorde Tower
What is 1608 worth today?
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Source: Dubai Land Department. Updated 22 August 2023.
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 1.25M · August 2023
- Building
- Concorde Tower
About 1608, Concorde Tower
1608 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 22 August 2023 for AED 1,250,000, or AED 872 per sqft, in line with the AED 868 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 24 January 2023, is AED 77,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 28,500 a year.
Sales and rents for 1608 over time
1608 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 1608 sits
All 404 1-beds →1608 last sold in August 2023 at AED 872 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 868). 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. 1608's AED 77,000 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 | |
| 1606 | 1-bed | 825 sqft | AED 729KAED 729,173 · Aug 2011August 2011 | 71,000 /yr | |
| 1607 | 1-bed | 1,432 sqft | AED 625KAED 625,000 · Oct 2013October 2013 | ||
| 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 |
1608, Concorde Tower in numbers
- Sold 4 times: first on 8 September 2011 for AED 896,610, last on 22 August 2023 for AED 1,250,000 (AED 872 per sqft).
- Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 126,000 to AED 63,000 in 2020 and recovered to AED 77,000 by January 2023.
- At AED 77,000 a year the gross yield on the 2023 price is 6.2%, 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 22 August 2023.
Questions about 1608, Concorde Tower
What did unit 1608 last sell for?
AED 1,250,000 on 22 August 2023: AED 872 per sqft for 1,432 sqft. The unit has 4 registered sales; the first was AED 896,610 in September 2011.
What is the rent for unit 1608?
AED 77,000 a year on the contract renewed on 24 January 2023. The previous contract, from January 2022, was AED 77,000; the unit has been rented since May 2014.
How big is unit 1608?
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 1608 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 1608, Concorde Tower
Starts from the last sale price (AED 1.25M, 22 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →