1 bedroom, Concorde Tower
Dubai, JLT, Concorde Tower
53 m²
Property area
2008
Construction year
37 out of 45
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$239 726 ($4 523/m²)
875 000 AED
DMCC metro station
Rental yield: 7,39%
10-min walk
Price growth rate per year: 12%
TOTAL INVESTMENT AMOUNT: $265 008
TOTAL RENTAL YIELD PER YEAR: $31 233
EXPENSES PER YEAR: $11 656
NET RENTAL YIELD PER YEAR: $19 577
or 7,39%
- Unit price: $239 726
- Renovation price: $1 370
- Furnishings: $1 370
- Commission: $5 034
- DLD fee payment: $9 748
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Power of attorney: $822
- Manager cheque: $3 596
TOTAL RENTAL YIELD PER YEAR: $31 233
- Rent payments: $2 603 (per month) / $31 233 (per year)
EXPENSES PER YEAR: $11 656
- Service charge: $2 198
- Utilities: $1 315
- Internet: $1 266
- AC: $1 973
- AC maintenance: $219
- Management commission: $4 685
NET RENTAL YIELD PER YEAR: $19 577
or 7,39%
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Ready to rent apartment next to the lake
Concorde Tower is a 45-story tower by the 32 Group Properties developer built in 2008. Located on the lakeside, within JLT Cluster H.
10-minute walk to DMCC metro station
Key tower features:
Concorde Tower is a 45-story tower by the 32 Group Properties developer built in 2008. Located on the lakeside, within JLT Cluster H.
10-minute walk to DMCC metro station
- 1 bedroom
- 2 bathrooms
- No balcony
- Area: 53 sq. m.
- 37th floor (out of 45)
- With furniture and appliances
- 1 parking place
- VACANT (currently rented at short-term)
Key tower features:
- Rooftop pool
- Gym and sauna
- Basketball court in the yard
- Lake and walking areas near the house
Jumeirah Lake Towers is a perfect neighborhood for both investment and living, located in the heart of Dubai. It is an exceptionally quiet community with serene lakes and green parks. JLT is strategically located between Dubai Marina and Jebel Ali, making it an ideal location for those seeking convenience and affordability.
JLT is eco-friendly, as it was constructed around 3 man-made lakes and has a huge 55,000 m² green park. In winter there is a market, yoga workshops and open-air movie screenings.
The community is awesome in regards to transport accessibility: it has 2 metro stations and an exit on Sheikh Zayed road, the beaches are literally 15 minutes away, and the Dubai Marina Mall is nearby, just 5 minutes away by car.
It also has an extensive infrastructure: 2 universities, several kindergartens, an abundance of supermarkets and medical centers. You can easily walk to the Marina and its beaches.
JLT is eco-friendly, as it was constructed around 3 man-made lakes and has a huge 55,000 m² green park. In winter there is a market, yoga workshops and open-air movie screenings.
The community is awesome in regards to transport accessibility: it has 2 metro stations and an exit on Sheikh Zayed road, the beaches are literally 15 minutes away, and the Dubai Marina Mall is nearby, just 5 minutes away by car.
It also has an extensive infrastructure: 2 universities, several kindergartens, an abundance of supermarkets and medical centers. You can easily walk to the Marina and its beaches.