1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 5th floor · completed 2008

502, Concorde Tower

Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 830K22 April 2015
Current rentAED 70K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Concorde Tower

What is 502 worth today?

Last sold for AED 830,000 in 2015

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18 Sep 2026RentedRenewal
AED 70,000/yr6 months · AED 104 per sqft
18 Mar 2026RentedNew contract
AED 70,000/yr6 months · AED 104 per sqft
18 Sep 2025RentedRenewal
AED 69,626/yr6 months · AED 103 per sqft
18 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 103 per sqft
22 Apr 2015SoldReady
AED 830,000AED 1,228 per sqft
25 Jan 2015RentedNew contract
AED 75,000/yr12 months · AED 111 per sqft
20 Sep 2013RentedNew contract
AED 65,000/yr12 months · AED 96 per sqft
15 Sep 2013RentedNew contract
AED 57,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
5th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 13,500 /yr
Last sold
AED 830K · April 2015

About 502, Concorde Tower

502 is a one-bedroom apartment of 675 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 22 April 2015 for AED 830,000, or AED 1,228 per sqft, 5% above the AED 1,164 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 18 September 2026, is AED 70,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 13,500 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, February 2013: AED 595,000 (AED 880 per sqft)Sold by developer, February 2013: AED 382,168 (AED 565 per sqft)Sold, April 2015: AED 830,000 (AED 1,228 per sqft)

502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Concorde Tower
60K80K2011201620212026Typical 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, September 2013: AED 65,000 a yearNew contract, September 2013: AED 57,000 a yearNew contract, January 2015: AED 75,000 a yearNew contract, September 2024: AED 70,000 a yearRenewal, September 2025: AED 69,626 a yearNew contract, March 2026: AED 70,000 a yearRenewal, September 2026: AED 70,000 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 502 sits

All 404 1-beds →

502 last sold in April 2015 at AED 1,228 per sqft, 5% above what one-beds in Concorde Tower were fetching at the time (AED 1,164). 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. 502's AED 70,000 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 5th floor

All 470 units in Concorde Tower
Value
5011-bedAED 1.06M · Jan 2014
5031-bedAED 495K · Mar 2012
504StudioAED 300K · Aug 2011
5051-bedAED 568K · Mar 2012
5061-bedAED 578K · Mar 2012
5071-bedAED 1.05M · Feb 2023
5081-bedAED 1.58M · Jul 2025
1–7 of 12

502, Concorde Tower in numbers

  • Sold 3 times: first on 11 February 2013 for AED 382,168, last on 22 April 2015 for AED 830,000 (AED 1,228 per sqft).
  • Rented since September 2013 on 7 Ejari contracts, from AED 57,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 8.4%, before a service charge of about AED 13,500 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 18 September 2026.

Questions about 502, Concorde Tower

What did unit 502 last sell for?

AED 830,000 on 22 April 2015: AED 1,228 per sqft for 675 sqft. The unit has 3 registered sales; the first was AED 382,168 in February 2013.

What is the rent for unit 502?

AED 70,000 a year on the contract renewed on 18 September 2026. The previous contract, from March 2026, was AED 70,000; the unit has been rented since September 2013.

How big is unit 502?

675 sqft (62.7 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2008.

What is unit 502 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 502, Concorde Tower

Starts from the last sale price (AED 830K, 22 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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