
1703, Concorde Tower
Sold prices and rental history: sold twice, last in March 2012, 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 1703, Concorde Tower
What is 1703 worth today?
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Source: Dubai Land Department. Updated 10 March 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 17th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 16,300 /yr
- Last sold
- AED 480K · March 2012
- Building
- Concorde Tower
About 1703, Concorde Tower
1703 is a one-bedroom apartment of 819 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 5 March 2012 for AED 480,000, or AED 585 per sqft, 8% below the AED 636 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 March 2021, is AED 43,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 16,300 a year.
Sales and rents for 1703 over time
1703 has sold twice; 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 1703 sits
All 404 1-beds →1703 last sold in March 2012 at AED 585 per sqft, 8% below what one-beds in Concorde Tower were fetching at the time (AED 636). 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. 1703's AED 43,000 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 17th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 744 sqft | AED 600KAED 600,000 · Feb 2013February 2013 | 55,000 /yr | |
| 1702 | 1-bed | 675 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 125,000 /yr | |
| 1704 | Studio | 505 sqft | AED 725KAED 725,000 · Sep 2014September 2014 | 56,000 /yr | |
| 1705 | 1-bed | 955 sqft | AED 1.18MAED 1,180,000 · Jan 2026January 2026 | 55,000 /yr | |
| 1706 | 1-bed | 825 sqft | AED 750KAED 750,000 · Feb 2023February 2023 | 42,000 /yr | |
| 1707 | 1-bed | 1,432 sqft | AED 720KAED 720,000 · Sep 2020September 2020 | 118,000 /yr | |
| 1708 | 1-bed | 1,432 sqft | AED 1.43MAED 1,425,000 · Jan 2018January 2018 | 105,000 /yr | |
| 1709 | 1-bed | 971 sqft | AED 840KAED 840,000 · Sep 2018September 2018 | 80,000 /yr | |
| 1710 | 1-bed | 980 sqft | AED 965KAED 965,000 · Feb 2024February 2024 | 46,000 /yr | |
| 1711 | Studio | 505 sqft | AED 458KAED 458,161 · Dec 2013December 2013 | 49,000 /yr | |
| 1712 | 1-bed | 819 sqft | AED 760KAED 760,000 · Oct 2023October 2023 | 45,000 /yr | |
| 1713 | 1-bed | 675 sqft | AED 610KAED 610,000 · Feb 2013February 2013 | 60,000 /yr |
1703, Concorde Tower in numbers
- Sold twice: first on 27 February 2012 for AED 466,032, last on 5 March 2012 for AED 480,000 (AED 585 per sqft).
- Rented since March 2013 on 5 Ejari contracts, from AED 50,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2012 price is 9.0%, 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 10 March 2021.
Questions about 1703, Concorde Tower
What did unit 1703 last sell for?
AED 480,000 on 5 March 2012: AED 585 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 466,032 in February 2012.
What is the rent for unit 1703?
AED 43,000 a year on the contract signed on 10 March 2021. The previous contract, from February 2020, was AED 52,000; the unit has been rented since March 2013.
How big is unit 1703?
819 sqft (76.1 sqm): a one-bedroom apartment on the 17th floor of a 43-storey tower completed in 2008.
What is unit 1703 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 1703, Concorde Tower
Starts from the last sale price (AED 480K, 5 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →