706, Concorde Tower
Sold prices and rental history: sold 3 times, last in September 2022, 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 706, Concorde Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 825 sqft
- Floor
- 7th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 16,400 /yr
- Last sold
- AED 800K · September 2022
- Building
- Concorde Tower
About 706, Concorde Tower
706 is a one-bedroom apartment of 825 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 13 September 2022 for AED 800,000, or AED 969 per sqft, 27% above the AED 760 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 20 December 2024, is AED 70,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 16,400 a year.
Sales and rents for 706 over time
706 has sold 3 times; 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 706 sits
All 404 1-beds →706 last sold in September 2022 at AED 969 per sqft, 27% above what one-beds in Concorde Tower were fetching at the time (AED 760). 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. 706's AED 70,000 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 | |
| 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 | |
| 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 | |
| 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 |
706, Concorde Tower in numbers
- Sold 3 times: first on 5 August 2013 for AED 488,893, last on 13 September 2022 for AED 800,000 (AED 969 per sqft).
- Rented since October 2016 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2021 and recovered to AED 70,000 by December 2024.
- At AED 70,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 16,400 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 20 December 2024.
Questions about 706, Concorde Tower
What did unit 706 last sell for?
AED 800,000 on 13 September 2022: AED 969 per sqft for 825 sqft. The unit has 3 registered sales; the first was AED 488,893 in August 2013.
What is the rent for unit 706?
AED 70,000 a year on the contract signed on 20 December 2024. The previous contract, from December 2023, was AED 75,000; the unit has been rented since October 2016.
How big is unit 706?
825 sqft (76.6 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2008.
What is unit 706 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 706, Concorde Tower
Starts from the last sale price (AED 800K, 13 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →