1612, Concorde Tower
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, Concorde Tower
What is 1612 worth today?
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Source: Dubai Land Department. Updated 2 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 16th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 16,300 /yr
- Last sold
- AED 401K · February 2011
- Building
- Concorde Tower
About 1612, Concorde Tower
1612 is a one-bedroom apartment of 819 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 9 February 2011 for AED 401,486, or AED 490 per sqft, 28% below the AED 684 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 2 January 2026, is AED 75,000 a year: a gross yield of 18.7% on the 2011 price, before the service charge of about AED 16,300 a year.
Sales and rents for 1612 over time
1612 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 1612 sits
All 404 1-beds →1612 last sold in February 2011 at AED 490 per sqft, 28% below 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. 1612's AED 75,000 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 | ||
| 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 | |
| 1613 | 1-bed | 675 sqft | AED 452KAED 452,342 · Sep 2011September 2011 | 60,000 /yr |
1612, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 9 February 2011 for AED 401,486, or AED 490 per sqft.
- Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 41,000 in 2020 and recovered to AED 75,000 by January 2026.
- At AED 75,000 a year the gross yield on the 2011 price is 18.7%, before a service charge of about AED 16,300 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 2 January 2026.
Questions about 1612, Concorde Tower
What did unit 1612 last sell for?
AED 401,486 on 9 February 2011, sold by the developer: AED 490 per sqft for 819 sqft. It is the only registered sale of the unit.
What is the rent for unit 1612?
AED 75,000 a year on the contract renewed on 2 January 2026. The previous contract, from January 2025, was AED 75,000; the unit has been rented since May 2013.
How big is unit 1612?
819 sqft (76.1 sqm): a one-bedroom apartment on the 16th floor of a 43-storey tower completed in 2008.
What is unit 1612 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 1612, Concorde Tower
Starts from the last sale price (AED 401K, 9 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 401,486
- Deposit, UAE resident (20%)
- AED 80,297
- Deposit, non-resident (40%)
- AED 160,594
- Monthly over 25 years at 3.7%
- AED 1,643
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →