1-bed · 819 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2008

1712, Concorde Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1712 · DLD and Ejari recordsUpdated 17 October 2023
Last soldAED 760K17 October 2023
Current rentAED 45K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1712, Concorde Tower

What is 1712 worth today?

Last sold for AED 760,000 in 2023

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17 Oct 2023SoldReady
AED 760,000AED 927 per sqft
10 Dec 2022RentedRenewal
AED 45,000/yr12 months · AED 55 per sqft
10 Dec 2021RentedRenewal
AED 41,000/yr12 months · AED 50 per sqft
10 Dec 2020RentedNew contract
AED 41,000/yr12 months · AED 50 per sqft
28 Nov 2018RentedNew contract
AED 62,000/yr12 months · AED 76 per sqft
27 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
21 Apr 2015RentedNew contract
AED 87,000/yr12 months · AED 106 per sqft
21 Apr 2014RentedNew contract
AED 87,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

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 760K · October 2023

About 1712, Concorde Tower

1712 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 17 October 2023 for AED 760,000, or AED 927 per sqft, 6% above the AED 876 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 December 2022, is AED 45,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1712 over time

Sales
Unit 1712, 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, April 2014: AED 877,723 (AED 1,071 per sqft)Sold, October 2023: AED 760,000 (AED 927 per sqft)

1712 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1712, each contractTypical one-bed in Concorde Tower
50K75K20112015201920232027Typical 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, April 2014: AED 87,000 a yearNew contract, April 2015: AED 87,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, November 2018: AED 62,000 a yearNew contract, December 2020: AED 41,000 a yearRenewal, December 2021: AED 41,000 a yearRenewal, December 2022: AED 45,000 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 1712 sits

All 404 1-beds →

1712 last sold in October 2023 at AED 927 per sqft, 6% above what one-beds in Concorde Tower were fetching at the time (AED 876). 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. 1712's AED 45,000 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

1712, Concorde Tower in numbers

  • Sold twice: first on 14 April 2014 for AED 877,723, last on 17 October 2023 for AED 760,000 (AED 927 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 87,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 5.9%, 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 17 October 2023.

Questions about 1712, Concorde Tower

What did unit 1712 last sell for?

AED 760,000 on 17 October 2023: AED 927 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 877,723 in April 2014.

What is the rent for unit 1712?

AED 45,000 a year on the contract renewed on 10 December 2022. The previous contract, from December 2021, was AED 41,000; the unit has been rented since April 2014.

How big is unit 1712?

819 sqft (76.1 sqm): a one-bedroom apartment on the 17th floor of a 43-storey tower completed in 2008.

What is unit 1712 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 1712, Concorde Tower

Starts from the last sale price (AED 760K, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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