1-bed · 744 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2008

1701, Concorde Tower

Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 600K28 February 2013
Current rentAED 55K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Concorde Tower

What is 1701 worth today?

Last sold for AED 600,000 in 2013

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15 Aug 2025RentedRenewal
AED 55,000/yr12 months · AED 74 per sqft
15 Aug 2024RentedRenewal
AED 63,000/yr12 months · AED 85 per sqft
15 Aug 2024RentedRenewal
AED 63,000/yr12 months · AED 85 per sqft
15 Aug 2024RentedRenewal
AED 55,000/yr12 months · AED 74 per sqft
15 Aug 2023RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
1 Oct 2021RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft
18 Nov 2018RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
4 Feb 2014RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
17th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 14,800 /yr
Last sold
AED 600K · February 2013

About 1701, Concorde Tower

1701 is a one-bedroom apartment of 744 sqft on the 17th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 28 February 2013 for AED 600,000, or AED 806 per sqft, 11% above the AED 724 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 55,000 a year: a gross yield of 9.2% on the 2013 price, before the service charge of about AED 14,800 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, February 2013: AED 600,000 (AED 806 per sqft)Sold by developer, February 2013: AED 436,817 (AED 587 per sqft)

1701 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1701, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical 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 78,000New contract, February 2013: AED 57,000 a yearNew contract, February 2014: AED 60,000 a yearNew contract, November 2018: AED 52,000 a yearNew contract, October 2021: AED 44,000 a yearNew contract, August 2023: AED 55,000 a yearRenewal, August 2024: AED 63,000 a yearRenewal, August 2024: AED 63,000 a yearRenewal, August 2024: AED 55,000 a yearRenewal, August 2025: AED 55,000 a year

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 1701 sits

All 404 1-beds →

1701 last sold in February 2013 at AED 806 per sqft, 11% above what one-beds in Concorde Tower were fetching at the time (AED 724). 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. 1701's AED 55,000 is in the lower half of that range.

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 17th floor

All 470 units in Concorde Tower
Value
17021-bedAED 1.1M · Mar 2025
17031-bedAED 480K · Mar 2012
1704StudioAED 725K · Sep 2014
17051-bedAED 1.18M · Jan 2026
17061-bedAED 750K · Feb 2023
17071-bedAED 720K · Sep 2020
17081-bedAED 1.43M · Jan 2018
1–7 of 12

1701, Concorde Tower in numbers

  • Sold twice: first on 26 February 2013 for AED 436,817, last on 28 February 2013 for AED 600,000 (AED 806 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 57,000 to AED 44,000 in 2021 and recovered to AED 55,000 by August 2025.
  • At AED 55,000 a year the gross yield on the 2013 price is 9.2%, before a service charge of about AED 14,800 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 15 August 2025.

Questions about 1701, Concorde Tower

What did unit 1701 last sell for?

AED 600,000 on 28 February 2013: AED 806 per sqft for 744 sqft. The unit has 2 registered sales; the first was AED 436,817 in February 2013.

What is the rent for unit 1701?

AED 55,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 63,000; the unit has been rented since February 2013.

How big is unit 1701?

744 sqft (69.1 sqm): a one-bedroom apartment on the 17th floor of a 43-storey tower completed in 2008.

What is unit 1701 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 1701, Concorde Tower

Starts from the last sale price (AED 600K, 28 February 2013). 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 →