Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2008

1811, Concorde Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1811 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 680K15 October 2024
Current rentAED 37K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1811, Concorde Tower

What is 1811 worth today?

Last sold for AED 680,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2024SoldReady
AED 680,000AED 1,346 per sqft
1 Aug 2023RentedRenewal
AED 37,400/yr12 months · AED 74 per sqft
1 Aug 2022RentedRenewal
AED 34,000/yr12 months · AED 67 per sqft
1 Aug 2021RentedRenewal
AED 34,000/yr12 months · AED 67 per sqft
1 Aug 2020RentedRenewal
AED 37,000/yr12 months · AED 73 per sqft
1 Aug 2019RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
25 Jun 2017RentedRenewal
AED 64,000/yr12 months · AED 127 per sqft
25 Jun 2016RentedNew contract
AED 64,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
18th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 680K · October 2024

About 1811, Concorde Tower

1811 is a studio of 505 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 15 October 2024 for AED 680,000, or AED 1,346 per sqft, 9% below the AED 1,485 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 37,400 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1811 over time

Sales
Unit 1811, 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, March 2011: AED 252,525 (AED 500 per sqft)Sold, July 2013: AED 300,000 (AED 594 per sqft)Sold, October 2024: AED 680,000 (AED 1,346 per sqft)

1811 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1811, 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, November 2013: AED 54,848 a yearNew contract, November 2014: AED 57,341 a yearNew contract, April 2015: AED 68,000 a yearNew contract, June 2015: AED 64,000 a yearNew contract, June 2016: AED 64,000 a yearRenewal, June 2017: AED 64,000 a yearNew contract, August 2019: AED 42,000 a yearRenewal, August 2020: AED 37,000 a yearRenewal, August 2021: AED 34,000 a yearRenewal, August 2022: AED 34,000 a yearRenewal, August 2023: AED 37,400 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 1811 sits

All 60 studios →

1811 last sold in October 2024 at AED 1,346 per sqft, 9% below what studios in Concorde Tower were fetching at the time (AED 1,485). 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. 1811's AED 37,400 is at the bottom 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 18th floor

All 470 units in Concorde Tower
Value
18011-bedAED 860K · Nov 2018
18021-bedAED 365K · Jan 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
1–7 of 12

1811, Concorde Tower in numbers

  • Sold 3 times: first on 10 March 2011 for AED 252,525, last on 15 October 2024 for AED 680,000 (AED 1,346 per sqft).
  • Rented since November 2013 on 12 Ejari contracts, from AED 54,848 to AED 37,400 a year.
  • At AED 37,400 a year the gross yield on the 2024 price is 5.5%, 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 15 October 2024.

Questions about 1811, Concorde Tower

What did unit 1811 last sell for?

AED 680,000 on 15 October 2024: AED 1,346 per sqft for 505 sqft. The unit has 3 registered sales; the first was AED 252,525 in March 2011.

What is the rent for unit 1811?

AED 37,400 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 34,000; the unit has been rented since November 2013.

How big is unit 1811?

505 sqft (46.9 sqm): a studio on the 18th floor of a 43-storey tower completed in 2008.

What is unit 1811 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.

Selling 1811? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1811, Concorde Tower

Starts from the last sale price (AED 680K, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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