508, Concorde Tower
Sold prices and rental history: sold 4 times, last in July 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Concorde Tower
What is 508 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,432 sqft
- Floor
- 5th of 43
- Parking
- B3-58
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 28,500 /yr
- Last sold
- AED 1.58M · July 2025
- Building
- Concorde Tower
About 508, Concorde Tower
508 is a one-bedroom apartment of 1,432 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 2 July 2025 for AED 1,580,000, or AED 1,103 per sqft, 5% below the AED 1,160 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 104,790 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 28,500 a year.
Sales and rents for 508 over time
508 has sold 4 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 508 sits
All 404 1-beds →508 last sold in July 2025 at AED 1,103 per sqft, 5% below what one-beds in Concorde Tower were fetching at the time (AED 1,160). 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. 508's AED 104,790 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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 744 sqft | AED 1.06MAED 1,060,000 · Jan 2014January 2014 | 80,000 /yr | |
| 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 | |
| 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 |
508, Concorde Tower in numbers
- Sold 4 times: first on 30 September 2013 for AED 852,220, last on 2 July 2025 for AED 1,580,000 (AED 1,103 per sqft).
- Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 92,308 to AED 40,000 in 2022 and recovered to AED 104,790 by October 2025.
- At AED 104,790 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 28,500 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 10 October 2025.
Questions about 508, Concorde Tower
What did unit 508 last sell for?
AED 1,580,000 on 2 July 2025: AED 1,103 per sqft for 1,432 sqft. The unit has 4 registered sales; the first was AED 852,220 in September 2013.
What is the rent for unit 508?
AED 104,790 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 105,000; the unit has been rented since June 2017.
How big is unit 508?
1,432 sqft (133.0 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2008.
What is unit 508 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 508, Concorde Tower
Starts from the last sale price (AED 1.58M, 2 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,580,000
- Deposit, UAE resident (20%)
- AED 316,000
- Deposit, non-resident (40%)
- AED 632,000
- Monthly over 25 years at 3.7%
- AED 6,464
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →