1-bed · 955 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 23rd floor · completed 2008

2305, Concorde Tower

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 1.05M2 September 2024
Current rentAED 55K /yr3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, Concorde Tower

What is 2305 worth today?

Last sold for AED 1,050,000 in 2024

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2 Sep 2024SoldReady
AED 1,050,000AED 1,099 per sqft
3 Nov 2022RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
3 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Aug 2020RentedNew contract
AED 48,000/yr12 months · AED 50 per sqft
1 Aug 2019RentedRenewal
AED 63,000/yr12 months · AED 66 per sqft
1 Aug 2018RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
13 Jul 2013RentedNew contract
AED 58,500/yr12 months · AED 61 per sqft
14 Oct 2012Sold by developerReady
AED 617,425AED 646 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
23rd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 19,000 /yr
Last sold
AED 1.05M · September 2024

About 2305, Concorde Tower

2305 is a one-bedroom apartment of 955 sqft on the 23rd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 2 September 2024 for AED 1,050,000, or AED 1,099 per sqft, in line with the AED 1,073 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 3 November 2022, is AED 55,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 19,000 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical one-bed in Concorde Tower
500K1M2010201520202025Typical sale price by year: 2010 AED 770,114; 2011 AED 585,000; 2012 AED 575,000; 2013 AED 787,600; 2014 AED 1,073,000; 2015 AED 1,005,354; 2016 AED 1,035,000; 2017 AED 910,000; 2018 AED 825,000; 2019 AED 675,000; 2020 AED 535,000; 2021 AED 600,000; 2022 AED 750,000; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,077,500; 2026 AED 1,165,000Sold by developer, October 2012: AED 617,425 (AED 646 per sqft)Sold, September 2024: AED 1,050,000 (AED 1,099 per sqft)

2305 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2305, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical rent by year: 2011 AED 48,000; 2012 AED 53,000; 2013 AED 65,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 82,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 60,170; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 57,000; 2023 AED 65,000; 2024 AED 73,500; 2025 AED 80,000; 2026 AED 78,000New contract, July 2012: AED 52,500 a yearNew contract, July 2013: AED 58,500 a yearNew contract, August 2018: AED 75,000 a yearRenewal, August 2019: AED 63,000 a yearNew contract, August 2020: AED 48,000 a yearNew contract, November 2021: AED 50,000 a yearRenewal, November 2022: AED 55,000 a year

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 2305 sits

All 404 1-beds →

2305 last sold in September 2024 at AED 1,099 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 1,073). 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. 2305's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,274,510
2 Sep 20261,200,000
26 Aug 2026835,000
2 Jul 20261,300,000
25 1-bed 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 23rd floor

All 470 units in Concorde Tower
Value
23011-bedAED 1.05M · Apr 2016
23021-bedAED 770K · Dec 2023
23031-bedAED 775K · Apr 2023
2304StudioAED 665K · May 2017
23061-bedAED 700K · Jul 2017
23071-bedAED 1.3M · Feb 2015
23081-bedAED 1.42M · Jun 2024
1–7 of 12

2305, Concorde Tower in numbers

  • Sold twice: first on 14 October 2012 for AED 617,425, last on 2 September 2024 for AED 1,050,000 (AED 1,099 per sqft).
  • Rented since July 2012 on 7 Ejari contracts, from AED 52,500 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.2%, 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 2 September 2024.

Questions about 2305, Concorde Tower

What did unit 2305 last sell for?

AED 1,050,000 on 2 September 2024: AED 1,099 per sqft for 955 sqft. The unit has 2 registered sales; the first was AED 617,425 in October 2012.

What is the rent for unit 2305?

AED 55,000 a year on the contract renewed on 3 November 2022. The previous contract, from November 2021, was AED 50,000; the unit has been rented since July 2012.

How big is unit 2305?

955 sqft (88.7 sqm): a one-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2008.

What is unit 2305 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 2305, Concorde Tower

Starts from the last sale price (AED 1.05M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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