Concorde Tower in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Concorde Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	76	12,940	985,000
2	172	12,357	2,125,000

Rents in Concorde Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	47	1,277	60,000
1	89	983	87,700

The cap rate (rental yield) of investments into Concorde Tower project is 8.0% on average.

The price of an apartment in Concorde Tower is 12,536 AED/sqm on average.

The long term rent of an apartment in Concorde Tower is 998 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Concorde Tower is 985,000 AED or 12,940 AED/sqm.
Price for completed 2 bedroom apartment in Concorde Tower is 2,125,000 AED or 12,357 AED/sqm.

Rent for Studio apartment in Concorde Tower is 60,000 AED or 1,277 AED/sqm.
Rent for 1 bedroom apartment in Concorde Tower is 87,700 AED or 983 AED/sqm.

About Concorde Tower

'Concorde Tower' in 'Jumeirah Lakes Towers' area project description

Concorde Tower is a residential and commercial tower located in the Dubai Marina district of Dubai, United Arab Emirates. The tower is part of a larger development, which includes a shopping mall, a hotel, and a beach club. The tower stands at a height of 250 meters, making it one of the tallest buildings in Dubai.

The tower was designed by the renowned architectural firm, Khatib & Alami, and features a unique design that is both modern and luxurious. The tower is composed of two distinct sections: the lower section is made up of a series of curved glass panels, while the upper section is composed of a series of straight lines. The curved glass panels create an impressive visual effect, while the straight lines give the tower a more contemporary feel.

The tower is home to a number of luxury apartments, as well as a variety of shops and restaurants. The apartments range from one-bedroom units to four-bedroom units, and all feature modern amenities such as marble floors, high-end appliances, and large balconies with stunning views of the Dubai Marina. The shops and restaurants located in the tower offer a variety of dining options, as well as a selection of designer stores.

The Concorde Tower also features a number of amenities, such as a swimming pool, a gym, and a spa. The tower also has a 24-hour concierge service, as well as a business center and meeting rooms.

The Concorde Tower is an impressive example of modern architecture and luxury living. Its unique design and luxurious amenities make it one of the most desirable places to live in Dubai. The tower is a great example of how modern architecture can be used to create a luxurious and comfortable living environment.

Q&A on Concorde Tower

Description of 'Concorde Tower' project in Dubai for real estate buyers and renters

Concorde Tower is a luxurious residential project located in the heart of Dubai. The project is developed by the renowned real estate developer, Emaar Properties, and is located in the Dubai Marina area. The project consists of two high-rise towers, each with a height of 40 stories. The towers offer a total of 590 residential units, ranging from one, two, and three bedroom apartments, as well as duplexes and penthouses.

The project is designed to provide a luxurious lifestyle to its residents, with a range of amenities and facilities. The towers feature a fully-equipped gym, a swimming pool, a spa, a sauna, and a steam room. The project also features a range of retail outlets, restaurants, and cafes, as well as a supermarket. The project also offers a range of recreational activities, such as a children's play area, a jogging track, and a basketball court.

The project is located in close proximity to a number of attractions, such as the Dubai Marina Mall, the Dubai Marina Yacht Club, and the Dubai Marina Walk. The project is also located close to a number of public transportation options, such as the Dubai Metro, the Dubai Tram, and the Dubai Bus.

The project is designed to provide a luxurious lifestyle to its residents, with a range of amenities and facilities. The towers feature a fully-equipped gym, a swimming pool, a spa, a sauna, and a steam room. The project also features a range of retail outlets, restaurants, and cafes, as well as a supermarket. The project also offers a range of recreational activities, such as a children's play area, a jogging track, and a basketball court.

The project is designed to provide a safe and secure environment for its residents, with 24-hour security and CCTV surveillance. The project also features a range of energy-saving features, such as solar panels and energy-efficient lighting.

Concorde Tower is a luxurious residential project that offers a range of amenities and facilities to its residents. The project is located in the heart of Dubai, close to a number of attractions and public transportation options. The project is designed to provide a luxurious lifestyle to its residents, with a range of amenities and facilities. The project also features a range of energy-saving features, such as solar panels and energy-efficient lighting.

What are the advantages of 'Concorde Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The Concorde Tower is located in the heart of Dubai’s Business Bay district, offering easy access to the city’s major attractions, shopping malls, and business hubs.

2. Luxurious Amenities: The project offers a range of luxurious amenities, including a swimming pool, gym, sauna, steam room, and a private garden.

3. High-End Finishes: The Concorde Tower is designed with high-end finishes and materials, offering a luxurious living experience.

4. Affordable Prices: The project offers competitively priced units, making it an attractive option for real estate buyers.

5. Flexible Payment Plans: The project offers flexible payment plans, making it easier for buyers to purchase a unit.

6. High Rental Yields: The Concorde Tower offers high rental yields, making it an attractive option for investors.

What are the advantages of 'Concorde Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The Concorde Tower is located in the heart of Dubai Marina, one of the most sought-after residential areas in the city. The tower is surrounded by world-class amenities, including shopping malls, restaurants, and leisure activities.

2. Luxury Living: The Concorde Tower offers luxurious living with its high-end finishes, modern amenities, and stunning views of the Marina.

3. High Rental Yields: The Concorde Tower is a popular choice for investors looking to generate high rental yields. The tower is close to many businesses and offices, making it a desirable option for tenants.

4. Quality Construction: The Concorde Tower is built to the highest standards of quality and safety, ensuring that its residents enjoy a safe and comfortable living experience.

5. Affordable Prices: The Concorde Tower offers affordable prices for its luxurious living experience, making it a great option for real estate buyers on a budget.