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1-bed · 1,432 sqftConcorde Tower, Jumeirah Lake Towers (JLT) · 9th floor · completed 2008

908, Concorde Tower

Sold prices and rental history: sold 5 times, last in May 2024, and rented once, from November 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 1.6M14 May 2024
Current rentAED 110K /yr15 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 908, Concorde Tower

What is 908 worth today?

Last sold for AED 1,600,000 in 2024

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14 May 2024SoldReady
AED 1,600,000AED 1,116 per sqft
15 Nov 2017SoldReady
AED 1,285,000AED 897 per sqft
15 Nov 2016RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
27 Oct 2016SoldReady
AED 1,275,000AED 890 per sqft
17 Apr 2014SoldReady
AED 1,500,000AED 1,047 per sqft
8 Apr 2013Sold by developerReady
AED 787,600AED 549 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
1-bed apartment
Size
1,432 sqft
Floor
9th of 43
Parking
(1)
Developer
32 Group Properties
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 1.6M · May 2024
Building
Concorde Tower

About 908, Concorde Tower

908 is a one-bedroom apartment of 1,432 sqft on the 9th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 14 May 2024 for AED 1,600,000, or AED 1,116 per sqft, 12% above the AED 994 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2016. The current contract, signed on 15 November 2016, is AED 110,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 28,500 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical one-bed in Concorde Tower
500K1M1.5M2010201520202025Typical 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, April 2013: AED 787,600 (AED 549 per sqft)Sold, April 2014: AED 1,500,000 (AED 1,047 per sqft)Sold, October 2016: AED 1,275,000 (AED 890 per sqft)Sold, November 2017: AED 1,285,000 (AED 897 per sqft)Sold, May 2024: AED 1,600,000 (AED 1,116 per sqft)

908 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 908, each contractTypical one-bed in Concorde Tower
50K100K20112015201920232027Typical 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, November 2016: AED 110,000 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 908 sits

All 404 1-beds →

908 last sold in May 2024 at AED 1,116 per sqft, 12% above what one-beds in Concorde Tower were fetching at the time (AED 994). 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. 908's AED 110,000 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 9th floor

All 470 units in Concorde Tower
Value
9011-bedAED 859K · Nov 2024
9021-bedAED 40K · Nov 2012
9031-bedAED 814K · Aug 2023
904StudioAED 365K · Jun 2011
9051-bedAED 1.3M · Jun 2014
9061-bedAED 663K · Oct 2012
9071-bedAED 878K · Sep 2017
1–7 of 12

908, Concorde Tower in numbers

  • Sold 5 times: first on 8 April 2013 for AED 787,600, last on 14 May 2024 for AED 1,600,000 (AED 1,116 per sqft).
  • Rented since November 2016 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 28,500 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 14 May 2024.

Questions about 908, Concorde Tower

What did unit 908 last sell for?

AED 1,600,000 on 14 May 2024: AED 1,116 per sqft for 1,432 sqft. The unit has 5 registered sales; the first was AED 787,600 in April 2013.

What is the rent for unit 908?

AED 110,000 a year on the contract signed on 15 November 2016.

How big is unit 908?

1,432 sqft (133.0 sqm): a one-bedroom apartment on the 9th floor of a 43-storey tower completed in 2008.

What is unit 908 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 908, Concorde Tower

Starts from the last sale price (AED 1.6M, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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