2005, Concorde Tower
Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2005, Concorde Tower
What is 2005 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 955 sqft
- Floor
- 20th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 19,000 /yr
- Last sold
- AED 825K · January 2023
- Building
- Concorde Tower
About 2005, Concorde Tower
2005 is a one-bedroom apartment of 955 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 18 January 2023 for AED 825,000, or AED 864 per sqft, 13% above the AED 765 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 May 2023, is AED 75,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 19,000 a year.
Sales and rents for 2005 over time
2005 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2005 sits
All 404 1-beds →2005 last sold in January 2023 at AED 864 per sqft, 13% above what one-beds in Concorde Tower were fetching at the time (AED 765). 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. 2005's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,281 sqft | 1,274,510 | 994 | ||
| 2 Sep 20262 September 2026 | 1,281 sqft | 1,200,000 | 936 | ||
| 26 Aug 202626 August 2026 | 675 sqft | 835,000 | 1,236 | ||
| 2 Jul 20262 July 2026 | 819 sqft | 1,300,000 | 1,586 |
Concorde Tower
Building470 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%
Other units on the 20th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 744 sqft | AED 625KAED 625,000 · Feb 2013February 2013 | 70,000 /yr | |
| 2002 | 1-bed | 675 sqft | AED 558KAED 557,784 · Mar 2013March 2013 | 65,000 /yr | |
| 2003 | 1-bed | 819 sqft | AED 1MAED 1,000,000 · Jun 2014June 2014 | 73,500 /yr | |
| 2004 | Studio | 505 sqft | AED 500KAED 500,000 · Nov 2012November 2012 | 30,000 /yr | |
| 2006 | 1-bed | 825 sqft | AED 950KAED 950,000 · Jul 2013July 2013 | 55,000 /yr | |
| 2007 | 1-bed | 1,432 sqft | AED 1.03MAED 1,030,000 · Mar 2013March 2013 | 105,000 /yr | |
| 2008 | 1-bed | 1,432 sqft | AED 1.45MAED 1,450,000 · Jun 2014June 2014 | 90,000 /yr | |
| 2009 | 1-bed | 971 sqft | AED 1.06MAED 1,055,000 · May 2025May 2025 | 85,000 /yr | |
| 2010 | 1-bed | 980 sqft | AED 670KAED 670,000 · Mar 2022March 2022 | 78,000 /yr | |
| 2011 | Studio | 505 sqft | AED 750KAED 750,000 · Jul 2014July 2014 | 29,000 /yr | |
| 2012 | 1-bed | 819 sqft | AED 610KAED 610,000 · Sep 2012September 2012 | 80,000 /yr | |
| 2013 | 1-bed | 675 sqft | AED 493KAED 492,710 · Sep 2017September 2017 | 73,500 /yr |
2005, Concorde Tower in numbers
- Sold 3 times: first on 15 April 2013 for AED 945,500, last on 18 January 2023 for AED 825,000 (AED 864 per sqft).
- Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 63,000 to AED 45,000 in 2021 and recovered to AED 75,000 by May 2023.
- At AED 75,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 19,000 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 1 May 2023.
Questions about 2005, Concorde Tower
What did unit 2005 last sell for?
AED 825,000 on 18 January 2023: AED 864 per sqft for 955 sqft. The unit has 3 registered sales; the first was AED 945,500 in April 2013.
What is the rent for unit 2005?
AED 75,000 a year on the contract signed on 1 May 2023. The previous contract, from March 2022, was AED 60,000; the unit has been rented since February 2019.
How big is unit 2005?
955 sqft (88.7 sqm): a one-bedroom apartment on the 20th floor of a 43-storey tower completed in 2008.
What is unit 2005 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 2005, Concorde Tower
Starts from the last sale price (AED 825K, 18 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →