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1-bed · 955 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2008

405, Concorde Tower

Sold prices and rental history: sold twice, last in December 2019, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 18 December 2019
Last soldAED 600K18 December 2019
Current rentAED 74K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Concorde Tower

What is 405 worth today?

Last sold for AED 600,000 in 2019

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18 Dec 2019SoldReady
AED 600,000AED 628 per sqft
1 Jan 2018RentedNew contract
AED 73,802/yr12 months · AED 77 per sqft
19 Mar 2017Sold by developerReady
AED 676,624AED 708 per sqft

Source: Dubai Land Department. Updated 18 December 2019.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
4th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 19,000 /yr
Last sold
AED 600K · December 2019
Building
Concorde Tower

About 405, Concorde Tower

405 is a one-bedroom apartment of 955 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 18 December 2019 for AED 600,000, or AED 628 per sqft, 21% below the AED 798 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2018. The current contract, signed on 1 January 2018, is AED 73,802 a year: a gross yield of 12.3% on the 2019 price, before the service charge of about AED 19,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, March 2017: AED 676,624 (AED 708 per sqft)Sold, December 2019: AED 600,000 (AED 628 per sqft)

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

Rents
Unit 405, 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, January 2018: AED 73,802 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 405 sits

All 404 1-beds →

405 last sold in December 2019 at AED 628 per sqft, 21% below what one-beds in Concorde Tower were fetching at the time (AED 798). 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. 405's AED 73,802 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 4th floor

All 470 units in Concorde Tower
Value
4011-bedAED 865K · Apr 2024
4021-bedAED 960K · Mar 2026
4031-bedAED 550K · Apr 2021
404StudioAED 730K · Jul 2016
4061-bedAED 720K · Apr 2023
4071-bedAED 1.2M · Nov 2016
4081-bedAED 1.49M · Jul 2025
1–7 of 12

405, Concorde Tower in numbers

  • Sold twice: first on 19 March 2017 for AED 676,624, last on 18 December 2019 for AED 600,000 (AED 628 per sqft).
  • Rented since January 2018 on one Ejari contract, at AED 73,802 a year.
  • At AED 73,802 a year the gross yield on the 2019 price is 12.3%, 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 18 December 2019.

Questions about 405, Concorde Tower

What did unit 405 last sell for?

AED 600,000 on 18 December 2019: AED 628 per sqft for 955 sqft. The unit has 2 registered sales; the first was AED 676,624 in March 2017.

What is the rent for unit 405?

AED 73,802 a year on the contract signed on 1 January 2018.

How big is unit 405?

955 sqft (88.7 sqm): a one-bedroom apartment on the 4th floor of a 43-storey tower completed in 2008.

What is unit 405 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 405, Concorde Tower

Starts from the last sale price (AED 600K, 18 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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