Concorde Tower 1

1. Does it pay a good rent?7.2% gross, 5.5% after the service charge (Dubai median 6.8%)7.2%Fair
2. Are rents going up?New 1 bed leases: AED 80,000 a year ago, AED 79,500 now (pooled across the project)-0.6%
3. Are prices going up?1 bed: AED 1,182/sqft a year ago, 1,244 now+5.2%Strength
4. How fast do fees pay back?AED 71,300 in fees to buy a 1 bed; net rent covers it in 1.2 years1.2 yrsFair
5. Can I sell easily?34 sales in 12 months, 7% of the tower (51 the year before)34Fair
6. Is a lot being built nearby?2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today. A further 5,571 are past their planned date. Jumeirah Lake Towers supply by year →28%Fair
7. Did earlier buyers gain?Up 72% for buyers 5 years ago, before fees+72.0%Context

34 resales in the last 12 months, against 52 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 1 bed, Concorde Tower 1 has registered sale prices 19% below the Jumeirah Lake Towers median price per square foot of 1,544 AED, across 57 eligible buildings. It ranks 46th of 57 by price per square foot and 8th of 30 by gross yield in Jumeirah Lake Towers.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  30 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  118 new and 86 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  AED 21.82/sqft a year, 2026 owners-association budget; 5.5% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Concorde Tower: recorded complete 2008-04-19 · register data to 2026-07-06
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 17 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Concorde Tower 1?

Concorde Tower 1 returns 7.2% gross: a median new-contract rent of AED 79,500 a year (118 Ejari contracts in 12 months) over a price benchmark of AED 1.10M (median of 30 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

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

The median registered sale price is AED 1.10M (1,244 AED/sqft), from 30 Dubai Land Department sales in the last 12 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 12 months have a median of 1,244 AED/sqft, across 30 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Concorde Tower 1 risen or fallen?

Median price per square foot moved +5.2% over the last 12 months against the 12 before it, on 30 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Concorde Tower 1 compare with Jumeirah Lake Towers?

Its 7.2% gross yield sits +0.4 pts against the Jumeirah Lake Towers median of 6.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.