1-bed · 819 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 20th floor · completed 2008

2003, Concorde Tower

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 1M4 June 2014
Current rentAED 74K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Concorde Tower

What is 2003 worth today?

Last sold for AED 1,000,000 in 2014

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5 May 2025RentedRenewal
AED 73,500/yr12 months · AED 90 per sqft
5 May 2024RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
5 May 2023RentedNew contract
AED 67,000/yr12 months · AED 82 per sqft
25 Jul 2021RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
15 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
15 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
10 Dec 2016RentedNew contract
AED 77,000/yr12 months · AED 94 per sqft
4 Jun 2014SoldReady
AED 1,000,000AED 1,220 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
20th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,300 /yr
Last sold
AED 1M · June 2014

About 2003, Concorde Tower

2003 is a one-bedroom apartment of 819 sqft on the 20th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 4 June 2014 for AED 1,000,000, or AED 1,220 per sqft, 26% above the AED 969 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 5 May 2025, is AED 73,500 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 16,300 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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, February 2013: AED 762,530 (AED 930 per sqft)Sold, June 2014: AED 1,000,000 (AED 1,220 per sqft)

2003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2003, 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, December 2016: AED 77,000 a yearNew contract, December 2019: AED 50,000 a yearNew contract, September 2020: AED 40,000 a yearNew contract, July 2021: AED 45,000 a yearNew contract, May 2023: AED 67,000 a yearRenewal, May 2024: AED 70,000 a yearRenewal, May 2025: AED 73,500 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 2003 sits

All 404 1-beds →

2003 last sold in June 2014 at AED 1,220 per sqft, 26% above what one-beds in Concorde Tower were fetching at the time (AED 969). 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. 2003's AED 73,500 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 20th floor

All 470 units in Concorde Tower
Value
20011-bedAED 625K · Feb 2013
20021-bedAED 558K · Mar 2013
2004StudioAED 500K · Nov 2012
20051-bedAED 825K · Jan 2023
20061-bedAED 950K · Jul 2013
20071-bedAED 1.03M · Mar 2013
20081-bedAED 1.45M · Jun 2014
1–7 of 12

2003, Concorde Tower in numbers

  • Sold twice: first on 25 February 2013 for AED 762,530, last on 4 June 2014 for AED 1,000,000 (AED 1,220 per sqft).
  • Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 77,000 to AED 40,000 in 2020 and recovered to AED 73,500 by May 2025.
  • At AED 73,500 a year the gross yield on the 2014 price is 7.3%, 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 5 May 2025.

Questions about 2003, Concorde Tower

What did unit 2003 last sell for?

AED 1,000,000 on 4 June 2014: AED 1,220 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 762,530 in February 2013.

What is the rent for unit 2003?

AED 73,500 a year on the contract renewed on 5 May 2025. The previous contract, from May 2024, was AED 70,000; the unit has been rented since December 2016.

How big is unit 2003?

819 sqft (76.1 sqm): a one-bedroom apartment on the 20th floor of a 43-storey tower completed in 2008.

What is unit 2003 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 2003, Concorde Tower

Starts from the last sale price (AED 1M, 4 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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