308, Concorde Tower
Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Concorde Tower
What is 308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,432 sqft
- Floor
- 3rd of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 28,500 /yr
- Last sold
- AED 1.03M · December 2022
- Building
- Concorde Tower
About 308, Concorde Tower
308 is a one-bedroom apartment of 1,432 sqft on the 3rd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 27 December 2022 for AED 1,025,000, or AED 715 per sqft, 7% below the AED 765 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 25 June 2021, is AED 70,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 28,500 a year.
Sales and rents for 308 over time
308 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 308 sits
All 404 1-beds →308 last sold in December 2022 at AED 715 per sqft, 7% below what one-beds in Concorde Tower were fetching at the time (AED 765). 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. 308's AED 70,000 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 3rd floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 744 sqft | AED 499KAED 499,000 · Jan 2022January 2022 | 85,000 /yr | |
| 302 | 1-bed | 611 sqft | AED 680KAED 680,000 · Aug 2024August 2024 | 69,300 /yr | |
| 303 | 1-bed | 753 sqft | AED 460KAED 460,000 · Sep 2011September 2011 | 75,000 /yr | |
| 304 | Studio | 505 sqft | AED 495KAED 495,000 · Sep 2022September 2022 | 52,000 /yr | |
| 305 | 1-bed | 955 sqft | AED 735KAED 735,000 · Nov 2022November 2022 | 77,000 /yr | |
| 306 | 1-bed | 825 sqft | AED 1.1MAED 1,100,000 · Oct 2024October 2024 | 48,000 /yr | |
| 307 | 1-bed | 1,432 sqft | AED 800KAED 800,000 · Feb 2011February 2011 | 65,000 /yr | |
| 309 | 1-bed | 971 sqft | AED 1.2MAED 1,200,000 · Jul 2014July 2014 | 68,000 /yr | |
| 310 | 1-bed | 980 sqft | AED 1.13MAED 1,128,000 · Jul 2015July 2015 | 79,800 /yr | |
| 311 | Studio | 505 sqft | AED 410KAED 410,000 · Jul 2012July 2012 | 60,000 /yr | |
| 312 | 1-bed | 753 sqft | AED 875KAED 875,000 · Feb 2025February 2025 | 46,000 /yr | |
| 313 | 1-bed | 611 sqft | AED 426KAED 425,521 · Feb 2013February 2013 | 65,000 /yr |
308, Concorde Tower in numbers
- Sold 3 times: first on 1 August 2011 for AED 572,988, last on 27 December 2022 for AED 1,025,000 (AED 715 per sqft).
- Rented since December 2013 on 7 Ejari contracts, from AED 117,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 6.8%, 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 27 December 2022.
Questions about 308, Concorde Tower
What did unit 308 last sell for?
AED 1,025,000 on 27 December 2022: AED 715 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 572,988 in August 2011.
What is the rent for unit 308?
AED 70,000 a year on the contract renewed on 25 June 2021. The previous contract, from June 2020, was AED 68,000; the unit has been rented since December 2013.
How big is unit 308?
1,432 sqft (133.0 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2008.
What is unit 308 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.
Selling 308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 308, Concorde Tower
Starts from the last sale price (AED 1.03M, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →