2011, Concorde Tower
Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2011, Concorde Tower
What is 2011 worth today?
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Source: Dubai Land Department. Updated 15 November 2020.
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 750K · July 2014
- Building
- Concorde Tower
About 2011, Concorde Tower
2011 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 21 July 2014 for AED 750,000, or AED 1,485 per sqft, 22% above the AED 1,218 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 November 2020, is AED 29,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 10,100 a year.
Sales and rents for 2011 over time
2011 has sold twice; the dashed line is the studio median of each year in the building.
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 2011 sits
All 60 studios →2011 last sold in July 2014 at AED 1,485 per sqft, 22% above what studios in Concorde Tower were fetching at the time (AED 1,218). 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. 2011's AED 29,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 372 sqft | 660,000 | 1,775 | ||
| 19 May 202619 May 2026 | 453 sqft | 790,000 | 1,744 | ||
| 27 Nov 202527 November 2025 | 505 sqft | 830,000 | 1,643 | ||
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 |
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 | |
| 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 | |
| 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 |
2011, Concorde Tower in numbers
- Sold twice: first on 10 March 2011 for AED 252,525, last on 21 July 2014 for AED 750,000 (AED 1,485 per sqft).
- Rented since January 2016 on 4 Ejari contracts, from AED 65,000 to AED 29,000 a year.
- At AED 29,000 a year the gross yield on the 2014 price is 3.9%, 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 15 November 2020.
Questions about 2011, Concorde Tower
What did unit 2011 last sell for?
AED 750,000 on 21 July 2014: AED 1,485 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 2011?
AED 29,000 a year on the contract signed on 15 November 2020. The previous contract, from September 2019, was AED 40,400; the unit has been rented since January 2016.
How big is unit 2011?
505 sqft (46.9 sqm): a studio on the 20th floor of a 43-storey tower completed in 2008.
What is unit 2011 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 2011, Concorde Tower
Starts from the last sale price (AED 750K, 21 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →