406, Concorde Tower
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Concorde Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 11 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 825 sqft
- Floor
- 4th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 16,400 /yr
- Last sold
- AED 720K · April 2023
- Building
- Concorde Tower
About 406, Concorde Tower
406 is a one-bedroom apartment of 825 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 11 April 2023 for AED 720,000, or AED 872 per sqft, 5% above the AED 829 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 11 April 2023, is AED 48,023 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 16,400 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 404 1-beds →406 last sold in April 2023 at AED 872 per sqft, 5% above what one-beds in Concorde Tower were fetching at the time (AED 829). 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. 406's AED 48,023 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 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 | |
| 404 | Studio | 505 sqft | AED 730KAED 730,000 · Jul 2016July 2016 | 60,000 /yr | |
| 405 | 1-bed | 955 sqft | AED 600KAED 600,000 · Dec 2019December 2019 | 73,802 /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 |
406, Concorde Tower in numbers
- Sold twice: first on 8 September 2011 for AED 434,644, last on 11 April 2023 for AED 720,000 (AED 872 per sqft).
- Rented since December 2016 on 7 Ejari contracts, from AED 80,000 to AED 48,023 a year.
- At AED 48,023 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 16,400 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 11 April 2023.
Questions about 406, Concorde Tower
What did unit 406 last sell for?
AED 720,000 on 11 April 2023: AED 872 per sqft for 825 sqft. The unit has 2 registered sales; the first was AED 434,644 in September 2011.
What is the rent for unit 406?
AED 48,023 a year on the contract signed on 11 April 2023. The previous contract, from February 2023, was AED 48,000; the unit has been rented since December 2016.
How big is unit 406?
825 sqft (76.6 sqm): a one-bedroom apartment on the 4th floor of a 43-storey tower completed in 2008.
What is unit 406 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 406, Concorde Tower
Starts from the last sale price (AED 720K, 11 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →