511, Concorde Tower
Sold prices and rental history: sold twice, last in September 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Concorde Tower
What is 511 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 5th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 650K · September 2016
- Building
- Concorde Tower
About 511, Concorde Tower
511 is a studio of 505 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 4 September 2016 for AED 650,000, or AED 1,287 per sqft, 5% below the AED 1,356 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 September 2025, is AED 69,000 a year: a gross yield of 10.6% on the 2016 price, before the service charge of about AED 10,100 a year.
Sales and rents for 511 over time
511 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Concorde Tower, and where 511 sits
All 60 studios →511 last sold in September 2016 at AED 1,287 per sqft, 5% below what studios in Concorde Tower were fetching at the time (AED 1,356). Over the last 12 months studios sold for AED 660,000 to 830,000, around AED 1,744 per sqft, and rent for AED 45,000 to 65,000 a year. 511's AED 69,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Aug 202618 August 2026 | 372 sqft | 660,000 | 1,775 | ||
| 19 May 202619 May 2026 | 453 sqft | 790,000 | 1,744 | ||
| 27 Nov 202527 November 2025 | 505 sqft | 830,000 | 1,643 | ||
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 |
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 | |
| 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 | |
| 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 |
511, Concorde Tower in numbers
- Sold twice: first on 13 March 2011 for AED 300,296, last on 4 September 2016 for AED 650,000 (AED 1,287 per sqft).
- Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 46,000 to AED 33,000 in 2020 and recovered to AED 69,000 by September 2025.
- At AED 69,000 a year the gross yield on the 2016 price is 10.6%, before a service charge of about AED 10,100 a year (AED 19.92 per sqft).
- Studios in Concorde Tower sold for AED 660,000–830,000 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 1 September 2025.
Questions about 511, Concorde Tower
What did unit 511 last sell for?
AED 650,000 on 4 September 2016: AED 1,287 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 300,296 in March 2011.
What is the rent for unit 511?
AED 69,000 a year on the contract signed on 1 September 2025. The previous contract, from December 2024, was AED 67,000; the unit has been rented since October 2013.
How big is unit 511?
505 sqft (46.9 sqm): a studio on the 5th floor of a 43-storey tower completed in 2008.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Concorde Tower sold for AED 660,000 to 830,000 in the last 12 months, around AED 1,744 per sqft.
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Mortgage on 511, Concorde Tower
Starts from the last sale price (AED 650K, 4 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →