1-bed · 819 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2008

703, Concorde Tower

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 880K14 February 2024
Current rentAED 80K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Concorde Tower

What is 703 worth today?

Last sold for AED 880,000 in 2024

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7 Feb 2026RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
14 Feb 2024SoldReady
AED 880,000AED 1,074 per sqft
7 Feb 2024RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
7 Feb 2023RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
7 Feb 2022RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
1 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
5 Nov 2017RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
18 Jun 2016RentedRenewal
AED 87,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
7th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 16,300 /yr
Last sold
AED 880K · February 2024

About 703, Concorde Tower

703 is a one-bedroom apartment of 819 sqft on the 7th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 14 February 2024 for AED 880,000, or AED 1,074 per sqft, 9% above the AED 981 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 7 February 2026, is AED 80,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, April 2013: AED 679,896 (AED 829 per sqft)Sold, February 2024: AED 880,000 (AED 1,074 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Concorde Tower
40K60K80K20112015201920232027Typical 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, June 2013: AED 70,000 a yearNew contract, June 2014: AED 70,000 a yearRenewal, June 2015: AED 87,000 a yearRenewal, June 2016: AED 87,000 a yearNew contract, November 2017: AED 75,000 a yearNew contract, February 2019: AED 60,000 a yearNew contract, February 2022: AED 55,000 a yearNew contract, February 2023: AED 70,000 a yearRenewal, February 2024: AED 70,000 a yearNew contract, February 2026: AED 80,000 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 703 sits

All 404 1-beds →

703 last sold in February 2024 at AED 1,074 per sqft, 9% above what one-beds in Concorde Tower were fetching at the time (AED 981). 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. 703's AED 80,000 is in the lower half 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 7th floor

All 470 units in Concorde Tower
Value
701StudioAED 600K · Mar 2014
7021-bedAED 567K · Jul 2013
704StudioAED 630K · Nov 2013
7051-bedAED 654K · May 2011
7061-bedAED 800K · Sep 2022
7071-bedAED 850K · Nov 2020
7081-bedAED 920K · Dec 2012
1–7 of 13

703, Concorde Tower in numbers

  • Sold twice: first on 23 April 2013 for AED 679,896, last on 14 February 2024 for AED 880,000 (AED 1,074 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2022 and recovered to AED 80,000 by February 2026.
  • At AED 80,000 a year the gross yield on the 2024 price is 9.1%, 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 7 February 2026.

Questions about 703, Concorde Tower

What did unit 703 last sell for?

AED 880,000 on 14 February 2024: AED 1,074 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 679,896 in April 2013.

What is the rent for unit 703?

AED 80,000 a year on the contract signed on 7 February 2026. The previous contract, from February 2024, was AED 70,000; the unit has been rented since June 2013.

How big is unit 703?

819 sqft (76.1 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2008.

What is unit 703 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 703, Concorde Tower

Starts from the last sale price (AED 880K, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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