1611, Concorde Tower
Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1611, Concorde Tower
What is 1611 worth today?
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Source: Dubai Land Department. Updated 23 October 2025.
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 600K · March 2014
- Building
- Concorde Tower
About 1611, Concorde Tower
1611 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 2 March 2014 for AED 600,000, or AED 1,188 per sqft, 9% above the AED 1,089 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 23 October 2025, is AED 70,000 a year: a gross yield of 11.7% on the 2014 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1611 over time
1611 has sold twice; the dashed line is the studio median of each year in the building.
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 1611 sits
All 60 studios →1611 last sold in March 2014 at AED 1,188 per sqft, 9% above what studios in Concorde Tower were fetching at the time (AED 1,089). 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. 1611's AED 70,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 372 sqft | 660,000 | 1,775 | ||
| 19 May 202619 May 2026 | 453 sqft | 790,000 | 1,744 | ||
| 27 Nov 202527 November 2025 | 505 sqft | 830,000 | 1,643 | ||
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 |
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 | ||
| 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 | ||
| 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 |
1611, Concorde Tower in numbers
- Sold twice: first on 12 May 2013 for AED 455,763, last on 2 March 2014 for AED 600,000 (AED 1,188 per sqft).
- Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 35,000 in 2021 and recovered to AED 70,000 by October 2025.
- At AED 70,000 a year the gross yield on the 2014 price is 11.7%, 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 23 October 2025.
Questions about 1611, Concorde Tower
What did unit 1611 last sell for?
AED 600,000 on 2 March 2014: AED 1,188 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 455,763 in May 2013.
What is the rent for unit 1611?
AED 70,000 a year on the contract renewed on 23 October 2025. The previous contract, from October 2024, was AED 70,000; the unit has been rented since February 2019.
How big is unit 1611?
505 sqft (46.9 sqm): a studio on the 16th floor of a 43-storey tower completed in 2008.
What is unit 1611 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 1611, Concorde Tower
Starts from the last sale price (AED 600K, 2 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →