Studio · 505 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 22nd floor · completed 2008

2204, Concorde Tower

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 650K13 August 2015
Current rentAED 48K /yr28 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Concorde Tower

What is 2204 worth today?

Last sold for AED 650,000 in 2015

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28 Dec 2023RentedRenewal
AED 48,000/yr12 months · AED 97 per sqft
28 Dec 2022RentedNew contract
AED 47,000/yr12 months · AED 93 per sqft
1 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
27 Jul 2019RentedNew contract
AED 43,000/yr12 months · AED 85 per sqft
1 Jun 2018RentedNew contract
AED 46,000/yr12 months · AED 91 per sqft
29 Feb 2016RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
13 Aug 2015SoldReady
AED 650,000AED 1,287 per sqft
1 Aug 2014RentedNew contract
AED 45,600/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
22nd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 650K · August 2015

About 2204, Concorde Tower

2204 is a studio of 505 sqft on the 22nd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 13 August 2015 for AED 650,000, or AED 1,287 per sqft, 8% below the AED 1,405 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 28 December 2023, is AED 48,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 10,100 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, each saleTypical studio in Concorde Tower
400K600K2010201420182022Typical 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, June 2014: AED 467,756 (AED 926 per sqft)Sold, August 2015: AED 650,000 (AED 1,287 per sqft)

2204 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2204, 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 45,600 a yearNew contract, February 2016: AED 40,000 a yearNew contract, June 2018: AED 46,000 a yearNew contract, July 2019: AED 43,000 a yearNew contract, October 2020: AED 30,000 a yearNew contract, December 2022: AED 47,000 a yearRenewal, December 2023: AED 48,000 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 2204 sits

All 60 studios →

2204 last sold in August 2015 at AED 1,287 per sqft, 8% below what studios in Concorde Tower were fetching at the time (AED 1,405). 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. 2204's AED 48,000 is in the lower half 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 22nd floor

All 470 units in Concorde Tower
Value
22011-bedAED 660K · Feb 2013
22021-bedAED 1.06M · May 2026
22031-bedAED 950K · Mar 2024
22051-bedAED 835K · May 2013
22061-bedAED 1.22M · Nov 2025
22071-bedAED 1.25M · Sep 2023
22081-bedAED 1.29M · Sep 2011
1–7 of 12

2204, Concorde Tower in numbers

  • Sold twice: first on 5 June 2014 for AED 467,756, last on 13 August 2015 for AED 650,000 (AED 1,287 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 45,600 to AED 30,000 in 2020 and recovered to AED 48,000 by December 2023.
  • At AED 48,000 a year the gross yield on the 2015 price is 7.4%, 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 28 December 2023.

Questions about 2204, Concorde Tower

What did unit 2204 last sell for?

AED 650,000 on 13 August 2015: AED 1,287 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 467,756 in June 2014.

What is the rent for unit 2204?

AED 48,000 a year on the contract renewed on 28 December 2023. The previous contract, from December 2022, was AED 47,000; the unit has been rented since August 2014.

How big is unit 2204?

505 sqft (46.9 sqm): a studio on the 22nd floor of a 43-storey tower completed in 2008.

What is unit 2204 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 2204, Concorde Tower

Starts from the last sale price (AED 650K, 13 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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