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1-bed · 819 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 6th floor · completed 2008

612, Concorde Tower

Sold prices and rental history: sold twice, last in December 2012, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 15 April 2022
Last soldAED 700K18 December 2012
Current rentAED 24K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 612, Concorde Tower

What is 612 worth today?

Last sold for AED 700,000 in 2012

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15 Apr 2022RentedRenewal
AED 24,000/yr12 months · AED 29 per sqft
15 Apr 2021RentedNew contract
AED 24,000/yr12 months · AED 29 per sqft
20 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
18 Dec 2012SoldReady
AED 700,000AED 854 per sqft
4 Nov 2012Sold by developerReady
AED 409,680AED 500 per sqft

Source: Dubai Land Department. Updated 15 April 2022.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
6th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,300 /yr
Last sold
AED 700K · December 2012
Building
Concorde Tower

About 612, Concorde Tower

612 is a one-bedroom apartment of 819 sqft on the 6th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 18 December 2012 for AED 700,000, or AED 854 per sqft, 28% above the AED 665 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 April 2022, is AED 24,000 a year: a gross yield of 3.4% on the 2012 price, before the service charge of about AED 16,300 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, November 2012: AED 409,680 (AED 500 per sqft)Sold, December 2012: AED 700,000 (AED 854 per sqft)

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

Rents
Unit 612, each contractTypical one-bed in Concorde Tower
50K20112015201920232027Typical 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, October 2020: AED 35,000 a yearNew contract, April 2021: AED 24,000 a yearRenewal, April 2022: AED 24,000 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 612 sits

All 404 1-beds →

612 last sold in December 2012 at AED 854 per sqft, 28% above what one-beds in Concorde Tower were fetching at the time (AED 665). 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. 612's AED 24,000 is at the bottom 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 6th floor

All 470 units in Concorde Tower
Value
6011-bedAED 825K · Feb 2018
6021-bedAED 560K · Nov 2021
6031-bedAED 825K · Jun 2023
604StudioAED 405K · May 2012
6051-bedAED 1.05M · May 2016
6061-bedAED 514K · Jun 2013
6071-bedAED 1.38M · Apr 2026
1–7 of 12

612, Concorde Tower in numbers

  • Sold twice: first on 4 November 2012 for AED 409,680, last on 18 December 2012 for AED 700,000 (AED 854 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 35,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2012 price is 3.4%, 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 15 April 2022.

Questions about 612, Concorde Tower

What did unit 612 last sell for?

AED 700,000 on 18 December 2012: AED 854 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 409,680 in November 2012.

What is the rent for unit 612?

AED 24,000 a year on the contract renewed on 15 April 2022. The previous contract, from April 2021, was AED 24,000; the unit has been rented since October 2020.

How big is unit 612?

819 sqft (76.1 sqm): a one-bedroom apartment on the 6th floor of a 43-storey tower completed in 2008.

What is unit 612 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 612, Concorde Tower

Starts from the last sale price (AED 700K, 18 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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