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

1711, Concorde Tower

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1711 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 458K17 December 2013
Current rentAED 49K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1711, Concorde Tower

What is 1711 worth today?

Last sold for AED 458,161 in 2013

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1 Apr 2024RentedRenewal
AED 49,000/yr12 months · AED 97 per sqft
1 Apr 2023RentedNew contract
AED 45,000/yr12 months · AED 89 per sqft
1 Apr 2022RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
23 Dec 2020RentedNew contract
AED 27,000/yr12 months · AED 53 per sqft
17 Dec 2013Sold by developerReady
AED 458,161AED 907 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

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 458K · December 2013

About 1711, Concorde Tower

1711 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. The developer sold it on 17 December 2013 for AED 458,161, or AED 907 per sqft, 8% below the AED 990 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 49,000 a year: a gross yield of 10.7% on the 2013 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1711 over time

Sales
Unit 1711, each saleTypical studio in Concorde Tower
400K600K2010201420182022Typical 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, December 2013: AED 458,161 (AED 907 per sqft)

1711 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1711, 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, December 2020: AED 27,000 a yearNew contract, April 2022: AED 42,000 a yearNew contract, April 2023: AED 45,000 a yearRenewal, April 2024: AED 49,000 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 1711 sits

All 60 studios →

1711 last sold in December 2013 at AED 907 per sqft, 8% below what studios in Concorde Tower were fetching at the time (AED 990). 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. 1711's AED 49,000 is in the lower 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
1704StudioAED 725K · Sep 2014
17051-bedAED 1.18M · Jan 2026
17061-bedAED 750K · Feb 2023
17071-bedAED 720K · Sep 2020
1–7 of 12

1711, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 17 December 2013 for AED 458,161, or AED 907 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 27,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2013 price is 10.7%, 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 April 2024.

Questions about 1711, Concorde Tower

What did unit 1711 last sell for?

AED 458,161 on 17 December 2013, sold by the developer: AED 907 per sqft for 505 sqft. It is the only registered sale of the unit.

What is the rent for unit 1711?

AED 49,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 45,000; the unit has been rented since December 2020.

How big is unit 1711?

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

What is unit 1711 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 1711, Concorde Tower

Starts from the last sale price (AED 458K, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 458,161
Deposit, UAE resident (20%)
AED 91,632
Deposit, non-resident (40%)
AED 183,264
Monthly over 25 years at 3.7%
AED 1,874

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