Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 20th floor · completed 2008

2004, Concorde Tower

Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 31 March 2021
Last soldAED 500K29 November 2012
Current rentAED 30K /yr31 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Concorde Tower

What is 2004 worth today?

Last sold for AED 500,000 in 2012

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31 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
1 Mar 2020RentedNew contract
AED 35,000/yr12 months · AED 69 per sqft
25 Dec 2018RentedNew contract
AED 43,000/yr12 months · AED 85 per sqft
1 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
25 Aug 2016RentedRenewal
AED 62,000/yr12 months · AED 123 per sqft
25 Aug 2015RentedRenewal
AED 62,000/yr12 months · AED 123 per sqft
25 Aug 2014RentedNew contract
AED 62,000/yr12 months · AED 123 per sqft
29 Nov 2012SoldReady
AED 500,000AED 990 per sqft

Source: Dubai Land Department. Updated 31 March 2021.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
20th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 500K · November 2012

About 2004, Concorde Tower

2004 is a studio of 505 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 29 November 2012 for AED 500,000, or AED 990 per sqft, 37% above the AED 722 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 31 March 2021, is AED 30,000 a year: a gross yield of 6.0% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, November 2012: AED 500,000 (AED 990 per sqft)

2004 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2004, 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, August 2014: AED 62,000 a yearRenewal, August 2015: AED 62,000 a yearRenewal, August 2016: AED 62,000 a yearNew contract, December 2017: AED 50,000 a yearNew contract, December 2018: AED 43,000 a yearNew contract, March 2020: AED 35,000 a yearNew contract, March 2021: AED 30,000 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 2004 sits

All 60 studios →

2004 last sold in November 2012 at AED 990 per sqft, 37% above what studios in Concorde Tower were fetching at the time (AED 722). 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. 2004's AED 30,000 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 20th floor

All 470 units in Concorde Tower
Value
20011-bedAED 625K · Feb 2013
20021-bedAED 558K · Mar 2013
20031-bedAED 1M · Jun 2014
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

2004, Concorde Tower in numbers

  • Sold twice: first on 10 March 2011 for AED 252,525, last on 29 November 2012 for AED 500,000 (AED 990 per sqft).
  • Rented since August 2014 on 7 Ejari contracts, from AED 62,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2012 price is 6.0%, 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 31 March 2021.

Questions about 2004, Concorde Tower

What did unit 2004 last sell for?

AED 500,000 on 29 November 2012: AED 990 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 252,525 in March 2011.

What is the rent for unit 2004?

AED 30,000 a year on the contract signed on 31 March 2021. The previous contract, from March 2020, was AED 35,000; the unit has been rented since August 2014.

How big is unit 2004?

505 sqft (46.9 sqm): a studio on the 20th floor of a 43-storey tower completed in 2008.

What is unit 2004 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.

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Mortgage on 2004, Concorde Tower

Starts from the last sale price (AED 500K, 29 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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