512, Concorde Tower
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Concorde Tower
What is 512 worth today?
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Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 5th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 16,300 /yr
- Last sold
- AED 471K · July 2013
- Building
- Concorde Tower
About 512, Concorde Tower
512 is a one-bedroom apartment of 819 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 18 July 2013 for AED 470,501, or AED 574 per sqft, 29% below the AED 806 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 10 July 2025, is AED 75,000 a year: a gross yield of 15.9% on the 2013 price, before the service charge of about AED 16,300 a year.
Sales and rents for 512 over time
512 has sold once; 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 512 sits
All 404 1-beds →512 last sold in July 2013 at AED 574 per sqft, 29% below what one-beds in Concorde Tower were fetching at the time (AED 806). 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. 512's AED 75,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 511 | Studio | 505 sqft | AED 650KAED 650,000 · Sep 2016September 2016 | 69,000 /yr | |
| 513 | 1-bed | 675 sqft | AED 650KAED 650,000 · Apr 2013April 2013 | 65,000 /yr |
512, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 18 July 2013 for AED 470,501, or AED 574 per sqft.
- Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2020 and recovered to AED 75,000 by July 2025.
- At AED 75,000 a year the gross yield on the 2013 price is 15.9%, before a service charge of about AED 16,300 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 July 2025.
Questions about 512, Concorde Tower
What did unit 512 last sell for?
AED 470,501 on 18 July 2013, sold by the developer: AED 574 per sqft for 819 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 75,000 a year on the contract signed on 10 July 2025. The previous contract, from March 2024, was AED 90,000; the unit has been rented since July 2015.
How big is unit 512?
819 sqft (76.1 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2008.
What is unit 512 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 512, Concorde Tower
Starts from the last sale price (AED 471K, 18 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 470,501
- Deposit, UAE resident (20%)
- AED 94,100
- Deposit, non-resident (40%)
- AED 188,200
- Monthly over 25 years at 3.7%
- AED 1,925
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →