{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/offices/jumeirah-lake-towers/concorde-tower-1","canonicalUrl":"https://dubaiwealthindex.com/commercial/offices/jumeirah-lake-towers/concorde-tower-1","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/offices/jumeirah-lake-towers/concorde-tower-1","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Concorde Tower 1 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/offices/jumeirah-lake-towers/concorde-tower-1","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/offices/jumeirah-lake-towers/concorde-tower-1). “Concorde Tower 1 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/offices/jumeirah-lake-towers/concorde-tower-1\">Dubai Wealth Index</a>. “Concorde Tower 1 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"office","assetClassLabel":"Offices","area":{"name":"Jumeirah Lake Towers","slug":"jumeirah-lake-towers","dldAreaId":"350"},"building":{"name":"Concorde Tower 1","slug":"concorde-tower-1"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD registered commercial 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ent_psf","month":"2024-01-01","value":61.76,"recordCount":1},{"metric":"rent_psf","month":"2024-05-01","value":138.2,"recordCount":1},{"metric":"new_leases","month":"2024-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-07-01","value":109.27,"recordCount":4},{"metric":"new_leases","month":"2024-07-01","value":4,"recordCount":4},{"metric":"new_leases","month":"2024-08-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-08-01","value":19.19,"recordCount":1},{"metric":"rent_psf","month":"2025-03-01","value":94.19,"recordCount":1},{"metric":"new_leases","month":"2025-03-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2025-04-01","value":1270.35,"recordCount":1},{"metric":"rent_psf","month":"2025-04-01","value":117.31,"recordCount":2},{"metric":"new_leases","month":"2025-04-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2025-05-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2025-05-01","value":34.88,"recordCount":2},{"metric":"rent_psf","month":"2025-08-01","value":110.62,"recordCount":1},{"metric":"new_leases","month":"2025-08-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2025-10-01","value":1568.37,"recordCount":1},{"metric":"rent_psf","month":"2025-11-01","value":479.62,"recordCount":1},{"metric":"new_leases","month":"2025-11-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2026-01-01","value":2398.12,"recordCount":1},{"metric":"rent_psf","month":"2026-02-01","value":15.36,"recordCount":1},{"metric":"new_leases","month":"2026-02-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2026-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-06-01","value":103.24,"recordCount":1},{"metric":"rent_psf","month":"2026-08-01","value":92.14,"recordCount":3},{"metric":"new_leases","month":"2026-08-01","value":3,"recordCount":3},{"metric":"sale_psf","month":"2026-09-01","value":1192.33,"recordCount":1}],"methodology":"Building medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}