What is the rental yield in Concorde Tower 1?

Concorde Tower 1 returns 6.96% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 247 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Concorde Tower 1 cost?

The median registered sale price is AED 1.07M (1,202 AED/sqft), from 86 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Concorde Tower 1 selling for right now?

Registered sales of ready units in Concorde Tower 1 over the last 6 months have a median of 1,348 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Concorde Tower 1 risen or fallen?

Median price per square foot moved +6.8% over the last 12 months against the 12 before it, on 86 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Concorde Tower 1 compare with Jumeirah Lake Towers?

Its 6.96% gross yield sits -0.1 pts against the Jumeirah Lake Towers median of 7.08%, computed at the same bedroom grain over the same 24-month window.

Concorde Tower 1 — rental prices & yield | Jumeirah Lake Towers, Dubai

Buy: 1.07MAED; AED 1,348/sqft
Long-let: 80,000AED; AED 92/sqft · 6.96%
Short-let: 10.84%; AED 531/night · 0.60/sqft

Price per sqft: Median of 10 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 4 sales in the last 3 months.

Yield spread: -0.1 pts; vs the Jumeirah Lake Towers median for this unit type
Turnover upside: +6.7%; new tenants pay more than sitting ones — 181 renewals
AED/yr/sqft: AED 92
Sales: 86
Rental contracts: 247
Renewal rent: AED 75,000/yr

12 months: +0.0%
3 years: +14.3%+4.6%/yr

Based on 86 sales and 247 rental contracts in the last 24 months. Rental data covers the whole Concorde Tower project, not this tower alone.

Concorde Tower 1 is an apartment building in Jumeirah Lake Towers, Dubai, one of the towers in the Concorde Tower development. The closest metro station is Jumeirah Lakes Towers, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 962 registered sales in all — the 86 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Concorde Tower 1, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 58,000	129	8.53% +0.5 pts	52
1 bed	AED 80,000	92	6.96% -0.1 pts	247
2 bed	AED 120,000	101	—	2
3 bed	—	—	—	0

Deltas compare each yield with the Jumeirah Lake Towers median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Concorde Tower 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio	412	1.00	AED 94,717	AED 58,000	1.6×	13.93%	1+
1 bed500m	531	0.60	AED 115,963	AED 80,000	1.4×	10.84%	17+
2 bed	1,157	0.63	AED 254,431	AED 120,000	2.1×	11.97%	1+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Concorde Tower 1 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

37 resales in the last 12 months, against 53 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
18 Aug 2026	Studio	372	AED 660,000	1,775
2 Jul 2026	1 bed	819	AED 1,300,000	1,587
22 Jun 2026	1 bed	1,432	AED 1,250,000	873
16 Jun 2026	1 bed	577	AED 800,000	1,386
3 Jun 2026	1 bed	955	AED 1,050,000	1,100

5 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 49
Lifts: 4
Parking bays: 153
Swimming pools: 1

Nearby

Metro: Jumeirah Lakes Towers
Mall: Marina Mall
Landmark: Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Lake Towers, on the same figures over the same window.

Highest rental yields in Jumeirah Lake Towers · Concorde Tower 1 places 12th of 31

Dubai Gate One · 6.53%
Lake Terrace · 7.24%
Mbl Residence · 7.67%
Lake View · 6.02%
Goldcrest Views 2 · 4.00%
Dubai Gate 2 · 10.46%
Armada 1 · 8.89%
Armada 3 · 7.04%

Common questions

What is the rental yield in Concorde Tower 1?: Concorde Tower 1 returns 6.96% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 247 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Concorde Tower 1 cost?: The median registered sale price is AED 1.07M (1,202 AED/sqft), from 86 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Concorde Tower 1 selling for right now?: Registered sales of ready units in Concorde Tower 1 over the last 6 months have a median of 1,348 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Concorde Tower 1 risen or fallen?: Median price per square foot moved +6.8% over the last 12 months against the 12 before it, on 86 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Concorde Tower 1 compare with Jumeirah Lake Towers?: Its 6.96% gross yield sits -0.1 pts against the Jumeirah Lake Towers median of 7.08%, computed at the same bedroom grain over the same 24-month window.

Concorde Tower 1