2007, Concorde Tower
Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2007, Concorde Tower
What is 2007 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,432 sqft
- Floor
- 20th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 28,500 /yr
- Last sold
- AED 1.03M · March 2013
- Building
- Concorde Tower
About 2007, Concorde Tower
2007 is a one-bedroom apartment of 1,432 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 12 March 2013 for AED 1,030,000, or AED 719 per sqft, in line with the AED 726 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 October 2023, is AED 105,000 a year: a gross yield of 10.2% on the 2013 price, before the service charge of about AED 28,500 a year.
Sales and rents for 2007 over time
2007 has sold twice; 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 2007 sits
All 404 1-beds →2007 last sold in March 2013 at AED 719 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 726). 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. 2007's AED 105,000 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 | |
| 2005 | 1-bed | 955 sqft | AED 825KAED 825,000 · Jan 2023January 2023 | 75,000 /yr | |
| 2006 | 1-bed | 825 sqft | AED 950KAED 950,000 · Jul 2013July 2013 | 55,000 /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 |
2007, Concorde Tower in numbers
- Sold twice: first on 5 January 2011 for AED 921,778, last on 12 March 2013 for AED 1,030,000 (AED 719 per sqft).
- Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2019 and recovered to AED 105,000 by October 2023.
- At AED 105,000 a year the gross yield on the 2013 price is 10.2%, before a service charge of about AED 28,500 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 1 October 2023.
Questions about 2007, Concorde Tower
What did unit 2007 last sell for?
AED 1,030,000 on 12 March 2013: AED 719 per sqft for 1,432 sqft. The unit has 2 registered sales; the first was AED 921,778 in January 2011.
What is the rent for unit 2007?
AED 105,000 a year on the contract signed on 1 October 2023. The previous contract, from September 2022, was AED 85,000; the unit has been rented since April 2013.
How big is unit 2007?
1,432 sqft (133.0 sqm): a one-bedroom apartment on the 20th floor of a 43-storey tower completed in 2008.
What is unit 2007 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 2007, Concorde Tower
Starts from the last sale price (AED 1.03M, 12 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →