Jumeirah Lakes Towers
Concorde Tower
كونكورد تاور32 GROUP PROPERTIES LIMITED · Selling since 2008 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 502 units · 1 building · DLD target completion April 2008
Registered developer: 32 GROUP PROPERTIES LIMITED (DLD no. 753)
Master developer: DUBAI MULTI COMMODITIES CENTER (DLD no. 153)
Zoned by Dubai Municipality
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file.
Street View imagery near Concorde Tower, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,506/sqft
3yr CAGR · resales
+20.6%
Resale record
181 months
Registered resales here span 181 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Concorde Tower — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Concorde Tower over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Concorde Tower itself; the rest are homes of the same size in Jumeirah Lakes Towers, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 1.1M | AED 90,000/yrsame size in Jumeirah Lakes Towers | 8.2% | 32 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 11.2% instead of 8.2%, because it prices the home at AED 807.04K — the median across every sale on record — rather than the AED 1.1M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 20/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 16,510 | AED 73,490 | 8.2% | 6.7% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Concorde Tower
How much does a home in Concorde Tower cost?
Over the last twelve months a completed 1-bedroom in Concorde Tower sold for a median AED 1.1M (32 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Concorde Tower?
A 1-bedroom rents for a median AED 90,000/yr (homes of about that size in Jumeirah Lakes Towers, 1,367 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Concorde Tower, so every figure above is the rent for homes of that size in Jumeirah Lakes Towers — the area's rent, not this project's own.
What rental yield does Concorde Tower give?
Gross yields on completed homes in Concorde Tower run about 8.2% on a 1-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Concorde Tower selling off-plan or as resales?
0% of the 40 sales registered in Concorde Tower in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Concorde Tower start selling?
The Land Department's register holds 1,242 sales in Concorde Tower, the earliest registered in 2008. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Lakes Towers median
-32.5%
Priced at or below the area's real median.
Developer track record
1,245 real transactions
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
High competitionWhen Concorde Tower completed in April 2008, 9 other other projects in Jumeirah Lakes Towers were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 58 more other projects in Jumeirah Lakes Towers are still in the pipeline overall.
Palladium
ETA STAR PROPERTY DEVELOPERS L.L.C
Nov 2007
Madina Tower
REEF REAL ESTATE INVESTMENT CO (L.L.C)
Nov 2007
Saba Tower 3
SABA PROPERTIES DMCC
Jan 2008
Alshera Tower
SALEH BIN LAHEJ REAL ESTATE L.L.C
Jan 2008
Saba Tower 2
SABA PROPERTIES DMCC
Mar 2008
Lake Terrace
DAMAC PROPERTIES CO (L.L.C)
May 2008
Liwa Heights
MAYSAN REAL ESTATE INVESTMENT (L.L.C)
Aug 2008
Lake City Tower
Tiger Properties
Sep 2008
Al Mas Tower
DUBAI MULTI COMMODITIES CENTER
Oct 2008
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
550 m
DMCC
Nearest school
1.3 km
Emirates International School - Meadows
Nearest hospital
1.4 km
Lux Aeterna Clinic
Nearest supermarket
12 m
Edelweiss Market
Metro stations
- DMCC550 m
- DMCC552 m
- DMCC555 m
- Sobha Realty1.2 km
Schools
- Emirates International School - Meadows1.3 km
- Dubai British School Emirates Hills - Islands Campus2.8 km
Hospitals & clinics
- Lux Aeterna Clinic1.4 km
- Emirates Hospital1.7 km
- Health Avenue Polyclinics1.7 km
- Aster Medical2.7 km
Supermarkets
- Edelweiss Market12 m
- Sunrise Supermarket JLT68 m
- KP Mart195 m
- Zoom Market258 m
Bus stops
- Bus stop1.1 km
- Bus stop1.2 km
- Big bus (blue 17)1.3 km
- Big bus 18 Dubai Marina / JBR1.5 km
Pharmacies
- armada pharmacy557 m
- Aster Pharmacy630 m
- Life Pharmacy709 m
- life714 m
Malls
- Dubai Marina Mall840 m
- Bluewaters Wharf Retail2.2 km
- The Wharf2.4 km
Parks
- Jumeirah Lakes Towers Park573 m
- DEWA Staff1.5 km
- Community Park2.9 km
- District 5 Park2.9 km
Mosques
- Al Rahim Mosque1.2 km
- Mosque Sheikh Rashid bin Mohammed2.2 km
- Al Tasamuh Mosque2.4 km
- Masjid Abdullah Ali Al-Chaafar2.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Building in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Jumeirah Lakes Towers
Mercer House
ELN PROPERTIES DEVELOPMENT L.L.C
AED 2,944/sqft
Serenia District - East
Unknown developer
AED 2,421/sqft
Eltiera Views
Ellington Pcfc Developers L.L.C
AED 2,378/sqft
Viewz 1 By Danube
Danube Properties Development L.L.C
AED 2,345/sqft
Viewz 2 By Danube
Danube Properties Development L.L.C
AED 2,209/sqft
Buying in Concorde Tower?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample