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1-bed · 825 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 5th floor · completed 2008

506, Concorde Tower

Sold prices and rental history: sold once, by the developer in March 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 6 March 2012
Last soldAED 578K6 March 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Concorde Tower

What is 506 worth today?

Last sold for AED 578,044 in 2012

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6 Mar 2012Sold by developerReady
AED 578,044AED 700 per sqft

Source: Dubai Land Department. Updated 6 March 2012.

Key facts

Type
1-bed apartment
Size
825 sqft
Floor
5th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,400 /yr
Last sold
AED 578K · March 2012
Building
Concorde Tower

About 506, Concorde Tower

506 is a one-bedroom apartment of 825 sqft on the 5th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 6 March 2012 for AED 578,044, or AED 700 per sqft, 10% above the AED 639 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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 2012: AED 578,044 (AED 700 per sqft)

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

Rents
Unit 506, 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 78,000

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 506 sits

All 404 1-beds →

506 last sold in March 2012 at AED 700 per sqft, 10% above what one-beds in Concorde Tower were fetching at the time (AED 639). 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.

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
5021-bedAED 830K · Apr 2015
5031-bedAED 495K · Mar 2012
504StudioAED 300K · Aug 2011
5051-bedAED 568K · Mar 2012
5071-bedAED 1.05M · Feb 2023
5081-bedAED 1.58M · Jul 2025
1–7 of 12

506, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 6 March 2012 for AED 578,044, or AED 700 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 6 March 2012.

Questions about 506, Concorde Tower

What did unit 506 last sell for?

AED 578,044 on 6 March 2012, sold by the developer: AED 700 per sqft for 825 sqft. It is the only registered sale of the unit.

How big is unit 506?

825 sqft (76.6 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2008.

What is unit 506 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 506, Concorde Tower

Starts from the last sale price (AED 578K, 6 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 578,044
Deposit, UAE resident (20%)
AED 115,609
Deposit, non-resident (40%)
AED 231,218
Monthly over 25 years at 3.7%
AED 2,365

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