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1-bed · 675 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2008

713, Concorde Tower

Sold prices and rental history: sold 4 times, last in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 713 · DLD and Ejari recordsUpdated 28 February 2021
Last soldAED 490K28 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 713, Concorde Tower

What is 713 worth today?

Last sold for AED 490,000 in 2021

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28 Feb 2021SoldReady
AED 490,000AED 725 per sqft
28 Jun 2011SoldReady
AED 430,000AED 636 per sqft
7 Sep 2010Sold by developerOff-plan
AED 430,000AED 636 per sqft
7 Sep 2010SoldOff-plan
AED 430,000AED 636 per sqft

Source: Dubai Land Department. Updated 28 February 2021.

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 490K · February 2021
Building
Concorde Tower

About 713, Concorde Tower

713 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. It last sold on 28 February 2021 for AED 490,000, or AED 725 per sqft, 22% above the AED 593 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 713 over time

Sales
Unit 713, 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, September 2010: AED 430,000 (AED 636 per sqft)Sold, September 2010: AED 430,000 (AED 636 per sqft)Sold, June 2011: AED 430,000 (AED 636 per sqft)Sold, February 2021: AED 490,000 (AED 725 per sqft)

713 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 713, each contractTypical one-bed in Concorde Tower
60K80K20112015201920232027Typical 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 78,000

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 713 sits

All 404 1-beds →

713 last sold in February 2021 at AED 725 per sqft, 22% above what one-beds in Concorde Tower were fetching at the time (AED 593). 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.

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

713, Concorde Tower in numbers

  • Sold 4 times: first on 7 September 2010 for AED 430,000, last on 28 February 2021 for AED 490,000 (AED 725 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 28 February 2021.

Questions about 713, Concorde Tower

What did unit 713 last sell for?

AED 490,000 on 28 February 2021: AED 725 per sqft for 675 sqft. The unit has 4 registered sales; the first was AED 430,000 in September 2010.

How big is unit 713?

675 sqft (62.7 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2008.

What is unit 713 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 713, Concorde Tower

Starts from the last sale price (AED 490K, 28 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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