1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 19th floor · completed 2008

1902, Concorde Tower

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 650K24 October 2022
Current rentAED 55K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Concorde Tower

What is 1902 worth today?

Last sold for AED 650,000 in 2022

Unlock today's estimate, updated daily, with

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

24 Oct 2022SoldReady
AED 650,000AED 962 per sqft
5 Sep 2022RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
3 Sep 2019RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
28 Sep 2015RentedNew contract
AED 85,000/yr12 months · AED 125 per sqft
6 Mar 2015RentedNew contract
AED 86,500/yr12 months · AED 128 per sqft
9 Dec 2010Sold by developerReady
AED 422,096AED 624 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
19th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 650K · October 2022

About 1902, Concorde Tower

1902 is a one-bedroom apartment of 675 sqft on the 19th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 24 October 2022 for AED 650,000, or AED 962 per sqft, 24% above the AED 773 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 5 September 2022, is AED 55,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, 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 422,096 (AED 624 per sqft)Sold, October 2022: AED 650,000 (AED 962 per sqft)

1902 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1902, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical 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, March 2015: AED 86,500 a yearNew contract, September 2015: AED 85,000 a yearNew contract, September 2019: AED 55,000 a yearNew contract, September 2022: AED 55,000 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 1902 sits

All 404 1-beds →

1902 last sold in October 2022 at AED 962 per sqft, 24% above what one-beds in Concorde Tower were fetching at the time (AED 773). 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. 1902's AED 55,000 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 19th floor

All 470 units in Concorde Tower
Value
1901StudioAED 370K · Feb 2013
19031-bedAED 1M · Jan 2025
1904StudioAED 420K · Jun 2012
19051-bedAED 790K · Jan 2023
19061-bedAED 1.06M · Feb 2015
19071-bedAED 1.7M · Dec 2024
19081-bedAED 1.32M · Apr 2024
1–7 of 13

1902, Concorde Tower in numbers

  • Sold twice: first on 9 December 2010 for AED 422,096, last on 24 October 2022 for AED 650,000 (AED 962 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 86,500 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 8.5%, 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 24 October 2022.

Questions about 1902, Concorde Tower

What did unit 1902 last sell for?

AED 650,000 on 24 October 2022: AED 962 per sqft for 675 sqft. The unit has 2 registered sales; the first was AED 422,096 in December 2010.

What is the rent for unit 1902?

AED 55,000 a year on the contract signed on 5 September 2022. The previous contract, from September 2019, was AED 55,000; the unit has been rented since March 2015.

How big is unit 1902?

675 sqft (62.7 sqm): a one-bedroom apartment on the 19th floor of a 43-storey tower completed in 2008.

What is unit 1902 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.

Selling 1902? 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 1902, Concorde Tower

Starts from the last sale price (AED 650K, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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