1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 23rd floor · completed 2008

2313, Concorde Tower

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2313 · DLD and Ejari recordsUpdated 28 September 2022
Last soldAED 462K6 June 2011
Current rentAED 55K /yr28 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2313, Concorde Tower

What is 2313 worth today?

Last sold for AED 462,420 in 2011

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28 Sep 2022RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
20 May 2021RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft
2 May 2020RentedNew contract
AED 46,000/yr12 months · AED 68 per sqft
1 Sep 2019RentedRenewal
AED 50,001/yr7 months · AED 74 per sqft
1 Sep 2018RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
6 Jun 2011Sold by developerReady
AED 462,420AED 684 per sqft

Source: Dubai Land Department. Updated 28 September 2022.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
23rd of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 462K · June 2011

About 2313, Concorde Tower

2313 is a one-bedroom apartment of 675 sqft on the 23rd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 6 June 2011 for AED 462,420, or AED 684 per sqft, 4% above the AED 658 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 28 September 2022, is AED 55,000 a year: a gross yield of 11.9% on the 2011 price, before the service charge of about AED 13,500 a year.

Sales and rents for 2313 over time

Sales
Unit 2313, 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, June 2011: AED 462,420 (AED 684 per sqft)

2313 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2313, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical 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, September 2018: AED 55,000 a yearRenewal, September 2019: AED 50,001 a yearNew contract, May 2020: AED 46,000 a yearNew contract, May 2021: AED 38,000 a yearNew contract, September 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 2313 sits

All 404 1-beds →

2313 last sold in June 2011 at AED 684 per sqft, 4% above what one-beds in Concorde Tower were fetching at the time (AED 658). 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. 2313'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
23051-bedAED 1.05M · Sep 2024
23061-bedAED 700K · Jul 2017
23071-bedAED 1.3M · Feb 2015
1–7 of 12

2313, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 6 June 2011 for AED 462,420, or AED 684 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 55,000 by September 2022.
  • At AED 55,000 a year the gross yield on the 2011 price is 11.9%, before a service charge of about AED 13,500 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 28 September 2022.

Questions about 2313, Concorde Tower

What did unit 2313 last sell for?

AED 462,420 on 6 June 2011, sold by the developer: AED 684 per sqft for 675 sqft. It is the only registered sale of the unit.

What is the rent for unit 2313?

AED 55,000 a year on the contract signed on 28 September 2022. The previous contract, from May 2021, was AED 38,000; the unit has been rented since September 2018.

How big is unit 2313?

675 sqft (62.7 sqm): a one-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2008.

What is unit 2313 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 2313, Concorde Tower

Starts from the last sale price (AED 462K, 6 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 462,420
Deposit, UAE resident (20%)
AED 92,484
Deposit, non-resident (40%)
AED 184,968
Monthly over 25 years at 3.7%
AED 1,892

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