1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2008

1802, Concorde Tower

Sold prices and rental history: sold twice, last in January 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 17 August 2024
Last soldAED 365K9 January 2018
Current rentAED 75K /yr17 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Concorde Tower

What is 1802 worth today?

Last sold for AED 365,000 in 2018

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17 Aug 2024RentedNew contract
AED 75,000/yr12 months · AED 111 per sqft
26 Jul 2022RentedNew contract
AED 64,000/yr12 months · AED 94 per sqft
9 Jan 2018SoldReady
AED 365,000AED 540 per sqft
12 Dec 2010Sold by developerReady
AED 412,723AED 611 per sqft

Source: Dubai Land Department. Updated 17 August 2024.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
18th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 365K · January 2018

About 1802, Concorde Tower

1802 is a one-bedroom apartment of 675 sqft on the 18th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 9 January 2018 for AED 365,000, or AED 540 per sqft, 46% below the AED 1,000 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 17 August 2024, is AED 75,000 a year: a gross yield of 20.5% on the 2018 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, December 2010: AED 412,723 (AED 611 per sqft)Sold, January 2018: AED 365,000 (AED 540 per sqft)

1802 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1802, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical 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, July 2022: AED 64,000 a yearNew contract, August 2024: AED 75,000 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 1802 sits

All 404 1-beds →

1802 last sold in January 2018 at AED 540 per sqft, 46% below what one-beds in Concorde Tower were fetching at the time (AED 1,000). 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. 1802's AED 75,000 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 18th floor

All 470 units in Concorde Tower
Value
18011-bedAED 860K · Nov 2018
18031-bedAED 1.11M · Feb 2026
1804StudioAED 419K · Aug 2013
18051-bedAED 853K · Apr 2013
18061-bedAED 490K · Aug 2020
18071-bedAED 1.19M · Jul 2013
18081-bedAED 1.26M · Mar 2015
1–7 of 12

1802, Concorde Tower in numbers

  • Sold twice: first on 12 December 2010 for AED 412,723, last on 9 January 2018 for AED 365,000 (AED 540 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 64,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2018 price is 20.5%, before a service charge of about AED 13,500 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 17 August 2024.

Questions about 1802, Concorde Tower

What did unit 1802 last sell for?

AED 365,000 on 9 January 2018: AED 540 per sqft for 675 sqft. The unit has 2 registered sales; the first was AED 412,723 in December 2010.

What is the rent for unit 1802?

AED 75,000 a year on the contract signed on 17 August 2024. The previous contract, from July 2022, was AED 64,000.

How big is unit 1802?

675 sqft (62.7 sqm): a one-bedroom apartment on the 18th floor of a 43-storey tower completed in 2008.

What is unit 1802 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 1802, Concorde Tower

Starts from the last sale price (AED 365K, 9 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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