702, 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 702, Concorde Tower
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 7th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 13,500 /yr
- Last sold
- AED 567K · July 2013
- Building
- Concorde Tower
About 702, Concorde Tower
702 is a one-bedroom apartment of 675 sqft on the 7th 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 15 July 2013 for AED 566,649, or AED 838 per sqft, 4% above 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 1 September 2026, is AED 63,000 a year: a gross yield of 11.1% on the 2013 price, before the service charge of about AED 13,500 a year.
Sales and rents for 702 over time
702 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 702 sits
All 404 1-beds →702 last sold in July 2013 at AED 838 per sqft, 4% above 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. 702's AED 63,000 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 7th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 372 sqft | AED 600KAED 600,000 · Mar 2014March 2014 | 46,000 /yr | |
| 703 | 1-bed | 819 sqft | AED 880KAED 880,000 · Feb 2024February 2024 | 80,000 /yr | |
| 704 | Studio | 505 sqft | AED 630KAED 630,000 · Nov 2013November 2013 | 52,000 /yr | |
| 705 | 1-bed | 955 sqft | AED 654KAED 654,175 · May 2011May 2011 | 85,000 /yr | |
| 706 | 1-bed | 825 sqft | AED 800KAED 800,000 · Sep 2022September 2022 | 70,000 /yr | |
| 707 | 1-bed | 1,432 sqft | AED 850KAED 850,000 · Nov 2020November 2020 | 94,000 /yr | |
| 708 | 1-bed | 1,432 sqft | AED 920KAED 920,000 · Dec 2012December 2012 | ||
| 709 | 1-bed | 971 sqft | AED 1MAED 1,000,000 · Oct 2023October 2023 | 80,000 /yr | |
| 710 | 1-bed | 980 sqft | AED 900KAED 900,000 · Apr 2017April 2017 | 110,000 /yr | |
| 711 | Studio | 505 sqft | AED 315KAED 315,000 · Aug 2011August 2011 | 54,000 /yr | |
| 712 | 1-bed | 819 sqft | AED 960KAED 960,000 · May 2025May 2025 | 55,000 /yr | |
| 713 | 1-bed | 675 sqft | AED 490KAED 490,000 · Feb 2021February 2021 | ||
| 714 | Studio | 372 sqft | AED 237KAED 237,006 · Dec 2011December 2011 |
702, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 15 July 2013 for AED 566,649, or AED 838 per sqft.
- Rented since October 2015 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2020 and recovered to AED 63,000 by September 2026.
- At AED 63,000 a year the gross yield on the 2013 price is 11.1%, before a service charge of about AED 13,500 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 1 September 2026.
Questions about 702, Concorde Tower
What did unit 702 last sell for?
AED 566,649 on 15 July 2013, sold by the developer: AED 838 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 63,000 a year on the contract signed on 1 September 2026. The previous contract, from January 2025, was AED 72,000; the unit has been rented since October 2015.
How big is unit 702?
675 sqft (62.7 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2008.
What is unit 702 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 702, Concorde Tower
Starts from the last sale price (AED 567K, 15 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 566,649
- Deposit, UAE resident (20%)
- AED 113,330
- Deposit, non-resident (40%)
- AED 226,660
- Monthly over 25 years at 3.7%
- AED 2,318
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →