1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2008

1708, Concorde Tower

Sold prices and rental history: sold 4 times, last in January 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 1.43M31 January 2018
Current rentAED 105K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Concorde Tower

What is 1708 worth today?

Last sold for AED 1,425,000 in 2018

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1 Jun 2023RentedNew contract
AED 105,000/yr12 months · AED 73 per sqft
31 Jan 2018SoldReady
AED 1,425,000AED 994 per sqft
2 Oct 2017SoldReady
AED 1,100,000AED 767 per sqft
1 Sep 2017RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
1 Sep 2016RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
17 Jul 2016SoldReady
AED 1,200,000AED 837 per sqft
20 Jul 2014RentedNew contract
AED 103,000/yr12 months · AED 72 per sqft
1 Jun 2013RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
17th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 1.43M · January 2018

About 1708, Concorde Tower

1708 is a one-bedroom apartment of 1,432 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 31 January 2018 for AED 1,425,000, or AED 994 per sqft, in line with the AED 985 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 1 June 2023, is AED 105,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 28,500 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical one-bed in Concorde Tower
500K1M1.5M2010201520202025Typical 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, February 2013: AED 1,296,249 (AED 904 per sqft)Sold, July 2016: AED 1,200,000 (AED 837 per sqft)Sold, October 2017: AED 1,100,000 (AED 767 per sqft)Sold, January 2018: AED 1,425,000 (AED 994 per sqft)

1708 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, 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, June 2013: AED 75,000 a yearNew contract, July 2014: AED 103,000 a yearNew contract, September 2016: AED 95,000 a yearNew contract, September 2017: AED 95,000 a yearNew contract, June 2023: AED 105,000 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 1708 sits

All 404 1-beds →

1708 last sold in January 2018 at AED 994 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 985). 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. 1708's AED 105,000 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
17011-bedAED 600K · Feb 2013
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
1–7 of 12

1708, Concorde Tower in numbers

  • Sold 4 times: first on 19 February 2013 for AED 1,296,249, last on 31 January 2018 for AED 1,425,000 (AED 994 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 75,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 28,500 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 1 June 2023.

Questions about 1708, Concorde Tower

What did unit 1708 last sell for?

AED 1,425,000 on 31 January 2018: AED 994 per sqft for 1,432 sqft. The unit has 4 registered sales; the first was AED 1,296,249 in February 2013.

What is the rent for unit 1708?

AED 105,000 a year on the contract signed on 1 June 2023. The previous contract, from September 2017, was AED 95,000; the unit has been rented since June 2013.

How big is unit 1708?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 17th floor of a 43-storey tower completed in 2008.

What is unit 1708 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 1708, Concorde Tower

Starts from the last sale price (AED 1.43M, 31 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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