1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2008

1702, Concorde Tower

Sold prices and rental history: sold 5 times, last in March 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 11 March 2025
Last soldAED 1.1M6 March 2025
Current rentAED 125K /yr11 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Concorde Tower

What is 1702 worth today?

Last sold for AED 1,100,000 in 2025

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11 Mar 2025RentedNew contract
AED 125,000/yr7 months · AED 185 per sqft
11 Mar 2025RentedNew contract
AED 125,000/yr7 months · AED 185 per sqft
6 Mar 2025SoldReady
AED 1,100,000AED 1,628 per sqft
2 May 2024SoldReady
AED 1,016,000AED 1,504 per sqft
31 May 2023SoldReady
AED 700,000AED 1,036 per sqft
1 Jun 2022RentedRenewal
AED 48,000/yr12 months · AED 71 per sqft
1 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 59 per sqft
1 Jun 2020RentedRenewal
AED 50,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 11 March 2025.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
17th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 1.1M · March 2025

About 1702, Concorde Tower

1702 is a one-bedroom apartment of 675 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 6 March 2025 for AED 1,100,000, or AED 1,628 per sqft, 40% above the AED 1,159 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 11 March 2025, is AED 125,000 a year: a gross yield of 11.4% on the 2025 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, July 2011: AED 482,789 (AED 714 per sqft)Sold, May 2017: AED 765,000 (AED 1,132 per sqft)Sold, May 2023: AED 700,000 (AED 1,036 per sqft)Sold, May 2024: AED 1,016,000 (AED 1,504 per sqft)Sold, March 2025: AED 1,100,000 (AED 1,628 per sqft)

1702 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, each contractTypical one-bed in Concorde Tower
50K100K20112015201920232027Typical 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 2018: AED 60,000 a yearNew contract, June 2019: AED 50,000 a yearRenewal, June 2020: AED 50,000 a yearRenewal, June 2021: AED 40,000 a yearRenewal, June 2022: AED 48,000 a yearNew contract, March 2025: AED 125,000 a yearNew contract, March 2025: AED 125,000 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 1702 sits

All 404 1-beds →

1702 last sold in March 2025 at AED 1,628 per sqft, 40% above what one-beds in Concorde Tower were fetching at the time (AED 1,159). 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. 1702's AED 125,000 is in the upper 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
17011-bedAED 600K · Feb 2013
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

1702, Concorde Tower in numbers

  • Sold 5 times: first on 19 July 2011 for AED 482,789, last on 6 March 2025 for AED 1,100,000 (AED 1,628 per sqft).
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 125,000 by March 2025.
  • At AED 125,000 a year the gross yield on the 2025 price is 11.4%, before a service charge of about AED 13,500 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 11 March 2025.

Questions about 1702, Concorde Tower

What did unit 1702 last sell for?

AED 1,100,000 on 6 March 2025: AED 1,628 per sqft for 675 sqft. The unit has 5 registered sales; the first was AED 482,789 in July 2011.

What is the rent for unit 1702?

AED 125,000 a year on the contract signed on 11 March 2025. The previous contract, from March 2025, was AED 125,000; the unit has been rented since February 2018.

How big is unit 1702?

675 sqft (62.7 sqm): a one-bedroom apartment on the 17th floor of a 43-storey tower completed in 2008.

What is unit 1702 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 1702, Concorde Tower

Starts from the last sale price (AED 1.1M, 6 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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