Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2008

1704, Concorde Tower

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 725K27 September 2014
Current rentAED 56K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Concorde Tower

What is 1704 worth today?

Last sold for AED 725,000 in 2014

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1 Mar 2026RentedRenewal
AED 56,000/yr12 months · AED 111 per sqft
1 Mar 2025RentedNew contract
AED 56,000/yr12 months · AED 111 per sqft
1 Mar 2025RentedNew contract
AED 56,000/yr12 months · AED 111 per sqft
6 Mar 2024RentedNew contract
AED 56,000/yr12 months · AED 111 per sqft
5 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
1 Aug 2019RentedNew contract
AED 41,000/yr12 months · AED 81 per sqft
27 Sep 2014SoldReady
AED 725,000AED 1,435 per sqft
1 Sep 2013RentedNew contract
AED 40,286/yr14 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
17th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 725K · September 2014

About 1704, Concorde Tower

1704 is a studio of 505 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 27 September 2014 for AED 725,000, or AED 1,435 per sqft, 6% above the AED 1,356 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 56,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical studio in Concorde Tower
250K500K750K2010201420182022Typical sale price by year: 2010 AED 281,326; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, May 2013: AED 458,161 (AED 907 per sqft)Sold, September 2014: AED 725,000 (AED 1,435 per sqft)

1704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1704, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 55,000; 2015 AED 62,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,500; 2021 AED 32,500; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 57,500; 2026 AED 54,500New contract, September 2013: AED 40,286 a yearNew contract, August 2019: AED 41,000 a yearNew contract, March 2021: AED 30,000 a yearNew contract, March 2024: AED 56,000 a yearNew contract, March 2025: AED 56,000 a yearNew contract, March 2025: AED 56,000 a yearRenewal, March 2026: AED 56,000 a year

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 1704 sits

All 60 studios →

1704 last sold in September 2014 at AED 1,435 per sqft, 6% above what studios in Concorde Tower were fetching at the time (AED 1,356). 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. 1704's AED 56,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Aug 2026660,000
19 May 2026790,000
27 Nov 2025830,000
25 Mar 2025625,000
3 studio 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
17021-bedAED 1.1M · Mar 2025
17031-bedAED 480K · Mar 2012
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

1704, Concorde Tower in numbers

  • Sold twice: first on 12 May 2013 for AED 458,161, last on 27 September 2014 for AED 725,000 (AED 1,435 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 40,286 to AED 30,000 in 2021 and recovered to AED 56,000 by March 2026.
  • At AED 56,000 a year the gross yield on the 2014 price is 7.7%, 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 1 March 2026.

Questions about 1704, Concorde Tower

What did unit 1704 last sell for?

AED 725,000 on 27 September 2014: AED 1,435 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 458,161 in May 2013.

What is the rent for unit 1704?

AED 56,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 56,000; the unit has been rented since September 2013.

How big is unit 1704?

505 sqft (46.9 sqm): a studio on the 17th floor of a 43-storey tower completed in 2008.

What is unit 1704 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 1704, Concorde Tower

Starts from the last sale price (AED 725K, 27 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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