501, Concorde Tower
Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Concorde Tower
What is 501 worth today?
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Source: Dubai Land Department. Updated 29 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 744 sqft
- Floor
- 5th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.06M · January 2014
- Building
- Concorde Tower
About 501, Concorde Tower
501 is a one-bedroom apartment of 744 sqft on the 5th 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 January 2014 for AED 1,060,000, or AED 1,425 per sqft, 61% above the AED 884 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 29 September 2026, is AED 80,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 14,800 a year.
Sales and rents for 501 over time
501 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 501 sits
All 404 1-beds →501 last sold in January 2014 at AED 1,425 per sqft, 61% above what one-beds in Concorde Tower were fetching at the time (AED 884). 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. 501's AED 80,000 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 5th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 675 sqft | AED 830KAED 830,000 · Apr 2015April 2015 | 70,000 /yr | |
| 503 | 1-bed | 819 sqft | AED 495KAED 495,000 · Mar 2012March 2012 | 58,000 /yr | |
| 504 | Studio | 505 sqft | AED 300KAED 300,296 · Aug 2011August 2011 | 45,000 /yr | |
| 505 | 1-bed | 955 sqft | AED 568KAED 567,607 · Mar 2012March 2012 | 87,000 /yr | |
| 506 | 1-bed | 825 sqft | AED 578KAED 578,044 · Mar 2012March 2012 | ||
| 507 | 1-bed | 1,432 sqft | AED 1.05MAED 1,050,000 · Feb 2023February 2023 | 65,000 /yr | |
| 508 | 1-bed | 1,432 sqft | AED 1.58MAED 1,580,000 · Jul 2025July 2025 | 104,790 /yr | |
| 509 | 1-bed | 971 sqft | AED 820KAED 820,000 · Aug 2023August 2023 | 72,000 /yr | |
| 510 | 1-bed | 980 sqft | AED 1MAED 1,000,000 · Nov 2016November 2016 | 80,000 /yr | |
| 511 | Studio | 505 sqft | AED 650KAED 650,000 · Sep 2016September 2016 | 69,000 /yr | |
| 512 | 1-bed | 819 sqft | AED 471KAED 470,501 · Jul 2013July 2013 | 75,000 /yr | |
| 513 | 1-bed | 675 sqft | AED 650KAED 650,000 · Apr 2013April 2013 | 65,000 /yr |
501, Concorde Tower in numbers
- Sold 3 times: first on 26 December 2010 for AED 495,601, last on 20 January 2014 for AED 1,060,000 (AED 1,425 per sqft).
- Rented since January 2014 on 13 Ejari contracts. The rent fell from AED 95,031 to AED 45,000 in 2021 and recovered to AED 80,000 by September 2026.
- At AED 80,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 14,800 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 29 September 2026.
Questions about 501, Concorde Tower
What did unit 501 last sell for?
AED 1,060,000 on 20 January 2014: AED 1,425 per sqft for 744 sqft. The unit has 3 registered sales; the first was AED 495,601 in December 2010.
What is the rent for unit 501?
AED 80,000 a year on the contract renewed on 29 September 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since January 2014.
How big is unit 501?
744 sqft (69.1 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2008.
What is unit 501 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 501, Concorde Tower
Starts from the last sale price (AED 1.06M, 20 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,060,000
- Deposit, UAE resident (20%)
- AED 212,000
- Deposit, non-resident (40%)
- AED 424,000
- Monthly over 25 years at 3.7%
- AED 4,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →