Studio · 372 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2008

714, Concorde Tower

Sold prices and rental history: sold once, by the developer in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 28 December 2011
Last soldAED 237K28 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Concorde Tower

What is 714 worth today?

Last sold for AED 237,006 in 2011

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28 Dec 2011Sold by developerReady
AED 237,006AED 637 per sqft

Source: Dubai Land Department. Updated 28 December 2011.

Key facts

Type
Studio apartment
Size
372 sqft
Floor
7th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 7,400 /yr
Last sold
AED 237K · December 2011

About 714, Concorde Tower

714 is a studio of 372 sqft on the 7th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 28 December 2011 for AED 237,006, or AED 637 per sqft, in line with the AED 628 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical studio in Concorde Tower
250K500K750K2010201420182022Typical sale price by year: 2010 AED 281,326; 2011 AED 307,648; 2012 AED 365,000; 2013 AED 470,000; 2014 AED 680,000; 2015 AED 622,500; 2016 AED 645,000; 2017 AED 680,000; 2018 AED 600,000; 2022 AED 455,000; 2024 AED 699,000Sold by developer, December 2011: AED 237,006 (AED 637 per sqft)

714 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 714, each contractTypical studio in Concorde Tower
40K60K2013201720212025Typical rent by year: 2013 AED 48,000; 2014 AED 55,000; 2015 AED 62,000; 2016 AED 61,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 42,500; 2020 AED 32,500; 2021 AED 32,500; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 57,500; 2026 AED 54,500

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 714 sits

All 60 studios →

714 last sold in December 2011 at AED 637 per sqft, in line with what studios in Concorde Tower were fetching at the time (AED 628). 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.

Recent studio salesUnit no.Price (AED)Summary
18 Aug 2026660,000
19 May 2026790,000
27 Nov 2025830,000
25 Mar 2025625,000
3 studio 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

714, Concorde Tower in numbers

  • Sold once: by 32 Group Properties on 28 December 2011 for AED 237,006, or AED 637 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 28 December 2011.

Questions about 714, Concorde Tower

What did unit 714 last sell for?

AED 237,006 on 28 December 2011, sold by the developer: AED 637 per sqft for 372 sqft. It is the only registered sale of the unit.

How big is unit 714?

372 sqft (34.6 sqm): a studio on the 7th floor of a 43-storey tower completed in 2008.

What is unit 714 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 714, Concorde Tower

Starts from the last sale price (AED 237K, 28 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 237,006
Deposit, UAE resident (20%)
AED 47,401
Deposit, non-resident (40%)
AED 94,802
Monthly over 25 years at 3.7%
AED 970

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