704, Concorde Tower
Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Concorde Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 7th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 630K · November 2013
- Building
- Concorde Tower
About 704, Concorde Tower
704 is a studio of 505 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 27 November 2013 for AED 630,000, or AED 1,247 per sqft, 26% above the AED 993 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 52,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 10,100 a year.
Sales and rents for 704 over time
704 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 704 sits
All 60 studios →704 last sold in November 2013 at AED 1,247 per sqft, 26% above what studios in Concorde Tower were fetching at the time (AED 993). 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. 704's AED 52,000 is in the lower half 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 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 | |
| 702 | 1-bed | 675 sqft | AED 567KAED 566,649 · Jul 2013July 2013 | 63,000 /yr | |
| 703 | 1-bed | 819 sqft | AED 880KAED 880,000 · Feb 2024February 2024 | 80,000 /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 |
704, Concorde Tower in numbers
- Sold twice: first on 31 July 2013 for AED 369,428, last on 27 November 2013 for AED 630,000 (AED 1,247 per sqft).
- Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 57,500 to AED 40,000 in 2022 and recovered to AED 52,000 by September 2026.
- At AED 52,000 a year the gross yield on the 2013 price is 8.3%, 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 2026.
Questions about 704, Concorde Tower
What did unit 704 last sell for?
AED 630,000 on 27 November 2013: AED 1,247 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 369,428 in July 2013.
What is the rent for unit 704?
AED 52,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2026, was AED 48,000; the unit has been rented since September 2016.
How big is unit 704?
505 sqft (46.9 sqm): a studio on the 7th floor of a 43-storey tower completed in 2008.
What is unit 704 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 704, Concorde Tower
Starts from the last sale price (AED 630K, 27 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →