2308, Concorde Tower
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2308, Concorde Tower
What is 2308 worth today?
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Source: Dubai Land Department. Updated 5 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,432 sqft
- Floor
- 23rd of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 28,500 /yr
- Last sold
- AED 1.42M · June 2024
- Building
- Concorde Tower
About 2308, Concorde Tower
2308 is a one-bedroom apartment of 1,432 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 5 June 2024 for AED 1,420,000, or AED 991 per sqft, in line with the AED 992 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 April 2020, is AED 82,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 28,500 a year.
Sales and rents for 2308 over time
2308 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 2308 sits
All 404 1-beds →2308 last sold in June 2024 at AED 991 per sqft, in line with what one-beds in Concorde Tower were fetching at the time (AED 992). 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. 2308's AED 82,000 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 23rd floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 744 sqft | AED 1.05MAED 1,050,000 · Apr 2016April 2016 | 82,000 /yr | |
| 2302 | 1-bed | 675 sqft | AED 770KAED 770,000 · Dec 2023December 2023 | 69,127 /yr | |
| 2303 | 1-bed | 819 sqft | AED 775KAED 775,000 · Apr 2023April 2023 | 78,000 /yr | |
| 2304 | Studio | 505 sqft | AED 665KAED 665,000 · May 2017May 2017 | 55,000 /yr | |
| 2305 | 1-bed | 955 sqft | AED 1.05MAED 1,050,000 · Sep 2024September 2024 | 55,000 /yr | |
| 2306 | 1-bed | 825 sqft | AED 700KAED 700,000 · Jul 2017July 2017 | 83,000 /yr | |
| 2307 | 1-bed | 1,432 sqft | AED 1.3MAED 1,300,000 · Feb 2015February 2015 | 150,000 /yr | |
| 2309 | 1-bed | 971 sqft | AED 850KAED 850,000 · Feb 2013February 2013 | 85,000 /yr | |
| 2310 | 1-bed | 980 sqft | AED 880KAED 880,000 · Oct 2023October 2023 | 72,000 /yr | |
| 2311 | Studio | 505 sqft | AED 735KAED 735,000 · Jul 2017July 2017 | 54,000 /yr | |
| 2312 | 1-bed | 819 sqft | AED 890KAED 890,000 · Oct 2024October 2024 | 75,000 /yr | |
| 2313 | 1-bed | 675 sqft | AED 462KAED 462,420 · Jun 2011June 2011 | 55,000 /yr |
2308, Concorde Tower in numbers
- Sold 3 times: first on 6 June 2011 for AED 891,364, last on 5 June 2024 for AED 1,420,000 (AED 991 per sqft).
- Rented since February 2014 on 5 Ejari contracts, from AED 109,674 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2024 price is 5.8%, 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 5 June 2024.
Questions about 2308, Concorde Tower
What did unit 2308 last sell for?
AED 1,420,000 on 5 June 2024: AED 991 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 891,364 in June 2011.
What is the rent for unit 2308?
AED 82,000 a year on the contract renewed on 1 April 2020. The previous contract, from March 2019, was AED 84,545; the unit has been rented since February 2014.
How big is unit 2308?
1,432 sqft (133.0 sqm): a one-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2008.
What is unit 2308 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 2308, Concorde Tower
Starts from the last sale price (AED 1.42M, 5 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,420,000
- Deposit, UAE resident (20%)
- AED 284,000
- Deposit, non-resident (40%)
- AED 568,000
- Monthly over 25 years at 3.7%
- AED 5,810
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →