1-bed · 971 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2008

709, Concorde Tower

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1M2 October 2023
Current rentAED 80K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Concorde Tower

What is 709 worth today?

Last sold for AED 1,000,000 in 2023

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1 Jul 2026RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
2 Oct 2023SoldReady
AED 1,000,000AED 1,029 per sqft
1 Sep 2022RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
1 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
1 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
1 Sep 2019RentedNew contract
AED 62,000/yr12 months · AED 64 per sqft
10 Aug 2018RentedRenewal
AED 70,000/yr12 months · AED 72 per sqft
10 Aug 2017RentedNew contract
AED 77,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
971 sqft
Floor
7th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 19,300 /yr
Last sold
AED 1M · October 2023

About 709, Concorde Tower

709 is a one-bedroom apartment of 971 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 2 October 2023 for AED 1,000,000, or AED 1,029 per sqft, 18% above the AED 872 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 July 2026, is AED 80,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 19,300 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, February 2013: AED 895,066 (AED 921 per sqft)Sold, July 2013: AED 875,000 (AED 900 per sqft)Sold, October 2023: AED 1,000,000 (AED 1,029 per sqft)

709 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, each contractTypical one-bed in Concorde Tower
60K80K2011201620212026Typical 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, September 2013: AED 75,000 a yearNew contract, August 2017: AED 77,000 a yearRenewal, August 2018: AED 70,000 a yearNew contract, September 2019: AED 62,000 a yearRenewal, September 2020: AED 50,000 a yearRenewal, September 2021: AED 50,000 a yearRenewal, September 2022: AED 55,000 a yearNew contract, July 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 709 sits

All 404 1-beds →

709 last sold in October 2023 at AED 1,029 per sqft, 18% above what one-beds in Concorde Tower were fetching at the time (AED 872). 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. 709'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
7031-bedAED 880K · Feb 2024
704StudioAED 630K · Nov 2013
7051-bedAED 654K · May 2011
7061-bedAED 800K · Sep 2022
7071-bedAED 850K · Nov 2020
1–7 of 13

709, Concorde Tower in numbers

  • Sold 3 times: first on 19 February 2013 for AED 895,066, last on 2 October 2023 for AED 1,000,000 (AED 1,029 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 80,000 by July 2026.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 19,300 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 1 July 2026.

Questions about 709, Concorde Tower

What did unit 709 last sell for?

AED 1,000,000 on 2 October 2023: AED 1,029 per sqft for 971 sqft. The unit has 3 registered sales; the first was AED 895,066 in February 2013.

What is the rent for unit 709?

AED 80,000 a year on the contract signed on 1 July 2026. The previous contract, from September 2022, was AED 55,000; the unit has been rented since September 2013.

How big is unit 709?

971 sqft (90.2 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2008.

What is unit 709 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 709, Concorde Tower

Starts from the last sale price (AED 1M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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