
404, Concorde Tower
Sold prices and rental history: sold 4 times, last in July 2016, 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 404, Concorde Tower
What is 404 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 4th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 730K · July 2016
- Building
- Concorde Tower
About 404, Concorde Tower
404 is a studio of 505 sqft on the 4th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 20 July 2016 for AED 730,000, or AED 1,445 per sqft, 12% above the AED 1,287 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 June 2024, is AED 60,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 10,100 a year.
Sales and rents for 404 over time
404 has sold 4 times; the dashed line is the studio median of each year in the building.
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 404 sits
All 60 studios →404 last sold in July 2016 at AED 1,445 per sqft, 12% above what studios in Concorde Tower were fetching at the time (AED 1,287). 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. 404's AED 60,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 372 sqft | 660,000 | 1,775 | ||
| 19 May 202619 May 2026 | 453 sqft | 790,000 | 1,744 | ||
| 27 Nov 202527 November 2025 | 505 sqft | 830,000 | 1,643 | ||
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 |
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 4th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 744 sqft | AED 865KAED 865,000 · Apr 2024April 2024 | 60,000 /yr | |
| 402 | 1-bed | 675 sqft | AED 960KAED 960,000 · Mar 2026March 2026 | 71,610 /yr | |
| 403 | 1-bed | 819 sqft | AED 550KAED 550,000 · Apr 2021April 2021 | 35,000 /yr | |
| 405 | 1-bed | 955 sqft | AED 600KAED 600,000 · Dec 2019December 2019 | 73,802 /yr | |
| 406 | 1-bed | 825 sqft | AED 720KAED 720,000 · Apr 2023April 2023 | 48,023 /yr | |
| 407 | 1-bed | 1,432 sqft | AED 1.2MAED 1,200,000 · Nov 2016November 2016 | 105,000 /yr | |
| 408 | 1-bed | 1,432 sqft | AED 1.49MAED 1,490,000 · Jul 2025July 2025 | 101,000 /yr | |
| 409 | 1-bed | 971 sqft | AED 960KAED 960,000 · Aug 2024August 2024 | 55,000 /yr | |
| 410 | 1-bed | 980 sqft | AED 490KAED 490,000 · Mar 2021March 2021 | 72,000 /yr | |
| 411 | Studio | 505 sqft | AED 550KAED 550,000 · Apr 2013April 2013 | 53,107 /yr | |
| 412 | 1-bed | 819 sqft | AED 765KAED 765,000 · Apr 2018April 2018 | 82,000 /yr | |
| 413 | 1-bed | 675 sqft | AED 835KAED 835,000 · Aug 2026August 2026 | 80,000 /yr |
404, Concorde Tower in numbers
- Sold 4 times: first on 3 March 2011 for AED 289,542, last on 20 July 2016 for AED 730,000 (AED 1,445 per sqft).
- Rented since July 2013 on 6 Ejari contracts, from AED 42,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2016 price is 8.2%, 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 1 June 2024.
Questions about 404, Concorde Tower
What did unit 404 last sell for?
AED 730,000 on 20 July 2016: AED 1,445 per sqft for 505 sqft. The unit has 4 registered sales; the first was AED 289,542 in March 2011.
What is the rent for unit 404?
AED 60,000 a year on the contract signed on 1 June 2024. The previous contract, from November 2023, was AED 60,000; the unit has been rented since July 2013.
How big is unit 404?
505 sqft (46.9 sqm): a studio on the 4th floor of a 43-storey tower completed in 2008.
What is unit 404 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 404, Concorde Tower
Starts from the last sale price (AED 730K, 20 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →