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Ready building · 32 Group

Concorde Tower 1, Al Thanyah Fifth

Highlights

Concorde Tower 1 at a glance

About Concorde Tower 1

Concorde Tower 1 is a mixed-use building in Al Thanyah Fifth, Dubai, developed by 32 Group. It holds about 537 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 32 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,293 per sq ft.

Concorde Tower 1 is one of 133 buildings in Al Thanyah Fifth: 75 are complete and 27 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Thanyah Fifth, Dubai
  • Developed by 32 Group
  • Completed in Q1 2012
  • Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
  • Sizes from 50 to 2,850 sq ft
  • Service charge from AED 21.76 per sq ft
  • Jumeirah Lake Towers metro station 0.5 km away
Status
Ready
Developer
32 Group
Location
Al Thanyah Fifth, Dubai
Completed
Q1 2012
Unit types
Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
Prices from
AED 252.0K
Median price per sq ft
AED 1,293
Median gross yield
6.8%
Service charge
AED 21.76 per sq ft (2026)
Nearest metro
Jumeirah Lake Towers, 0.5 km

Building details

Inside Concorde Tower 1

Properties in Concorde Tower 1

Studios in Concorde Tower 1

There are about 60 of these in Concorde Tower 1, from 370 to 630 sq ft. They have recently sold for a median of AED 790.0K, or AED 1,740 per sq ft. Owners who resold made a median 16% over what they paid.

1-bedroom apartments in Concorde Tower 1

There are about 406 of these in Concorde Tower 1, from 570 to 1,540 sq ft. They have recently sold for a median of AED 1.2M, or AED 1,240 per sq ft. Owners who resold made a median 9% over what they paid.

2-bedroom apartments in Concorde Tower 1

There are about 4 of these in Concorde Tower 1, from 1,850 to 2,350 sq ft. They have recently sold for a median of AED 2.1M, or AED 1,150 per sq ft.

3-bedroom apartments in Concorde Tower 1

There are about 2 of these in Concorde Tower 1, from 2,420 to 2,850 sq ft. None has sold recently enough to quote a price.

Commercial units in Concorde Tower 1

There are about 65 of these in Concorde Tower 1, from 50 to 2,250 sq ft. They have recently sold for a median of AED 1.5M, or AED 1,800 per sq ft.

Unit types in Concorde Tower 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio60370 sqft34.4 sqmt – 630 sqft58.5 sqmtAED 790KAED 52.5K
1 Bed406570 sqft53 sqmt – 1,540 sqft143.1 sqmtAED 1.2MAED 72K
2 Beds41,850 sqft171.9 sqmt – 2,350 sqft218.3 sqmtAED 2.1M–
3 Beds22,420 sqft224.8 sqmt – 2,850 sqft264.8 sqmtNo recent sales–
Commercial6550 sqft4.6 sqmt – 2,250 sqft209 sqmtAED 1.5M–

Recent transactions in Concorde Tower 1

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.3M

    AED 995 /sqftAED 10,710 /sqmt

    ReadyApartment
    1,281 sqft119 sqmt1 BedOwner15 Oct 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.2M

    AED 937 /sqftAED 10,086 /sqmt

    ReadyApartment
    1,281 sqft119 sqmt1 BedOwner2 Sept 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 835K

    AED 1,237 /sqftAED 13,315 /sqmt

    ReadyApartment
    675 sqft62.7 sqmt1 BedOwner26 Aug 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 660K

    AED 1,774 /sqftAED 19,095 /sqmt

    ReadyApartment
    372 sqft34.6 sqmtStudioOwner18 Aug 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.3M

    AED 1,587 /sqftAED 17,082 /sqmt

    ReadyApartment
    819 sqft76.1 sqmt1 BedOwner2 Jul 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.3M

    AED 873 /sqftAED 9,397 /sqmt

    ReadyApartment
    1,432 sqft133 sqmt1 BedOwner22 Jun 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 800K

    AED 1,386 /sqftAED 14,919 /sqmt

    ReadyApartment
    577 sqft53.6 sqmt1 BedDeveloper16 Jun 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.1M

    AED 1,099 /sqftAED 11,830 /sqmt

    ReadyApartment
    955 sqft88.7 sqmt1 BedDeveloper2 Jun 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 790K

    AED 1,744 /sqftAED 18,772 /sqmt

    ReadyApartment
    453 sqft42.1 sqmtStudioOwner19 May 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.4M

    AED 1,652 /sqftAED 17,782 /sqmt

    ReadyApartment
    825 sqft76.6 sqmt1 BedOwner13 May 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.1M

    AED 1,570 /sqftAED 16,899 /sqmt

    ReadyApartment
    675 sqft62.7 sqmt1 BedOwner1 May 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.4M

    AED 964 /sqftAED 10,376 /sqmt

    ReadyApartment
    1,432 sqft133 sqmt1 BedOwner16 Apr 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.3M

    AED 1,309 /sqftAED 14,090 /sqmt

    ReadyApartment
    955 sqft88.7 sqmt1 BedOwner6 Apr 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 960K

    AED 1,422 /sqftAED 15,306 /sqmt

    ReadyApartment
    675 sqft62.7 sqmt1 BedOwner10 Mar 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1M

    AED 1,258 /sqftAED 13,541 /sqmt

    ReadyApartment
    819 sqft76.1 sqmt1 BedOwner3 Mar 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.1M

    AED 1,355 /sqftAED 14,585 /sqmt

    ReadyApartment
    819 sqft76.1 sqmt1 BedOwner26 Feb 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 950K

    AED 1,277 /sqftAED 13,746 /sqmt

    ReadyApartment
    744 sqft69.1 sqmt1 BedOwner10 Feb 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.2M

    AED 1,800 /sqftAED 19,375 /sqmt

    ReadyApartment
    639 sqft59.4 sqmt1 BedOwner30 Jan 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.4M

    AED 1,001 /sqftAED 10,775 /sqmt

    ReadyApartment
    1,439 sqft133.7 sqmt1 BedOwner30 Jan 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 1.2M

    AED 1,224 /sqftAED 13,175 /sqmt

    ReadyApartment
    980 sqft91 sqmt1 BedOwner29 Jan 2026

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 69.3K/yr

    ApartmentRenewal
    819 sqft76.1 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 60K/yr

    ApartmentNew contract
    675 sqft62.7 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 15K/yr

    ApartmentRenewal
    505 sqft46.9 sqmtStudioto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 55K/yr

    ApartmentNew contract
    372 sqft34.6 sqmtStudioto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 42.5K/yr

    ApartmentNew contract
    955 sqft88.7 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 78K/yr

    ApartmentRenewal
    819 sqft76.1 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 50K/yr

    ApartmentNew contract
    505 sqft46.9 sqmtStudioto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 80K/yr

    ApartmentRenewal
    980 sqft91 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 113K/yr

    ApartmentRenewal
    933 sqft86.7 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 72K/yr

    ApartmentNew contract
    971 sqft90.2 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 85K/yr

    ApartmentNew contract
    971 sqft90.2 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 70K/yr

    ApartmentNew contract
    815 sqft75.7 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 90K/yr

    ApartmentNew contract
    639 sqft59.4 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 70K/yr

    ApartmentNew contract
    783 sqft72.7 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 55K/yr

    ApartmentNew contract
    675 sqft62.7 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 65K/yr

    ApartmentNew contract
    611 sqft56.8 sqmt1 Bedto

  • Concorde Tower 1, Concorde Tower

    Jumeirah Lake Towers (JLT)

    AED 90K/yr

    ApartmentNew contract
    1,281 sqft119 sqmt1 Bedto

Every sale in Concorde Tower 1Every rent contract in Concorde Tower 1

Service charges in Concorde Tower 1

The 2026 service charge in Concorde Tower 1 is AED 27.57 per sq ft for commercial units, AED 27.57 per sq ft for offices, AED 21.76 per sq ft for homes, AED 23.27 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Concorde Tower 1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 21.76570 sqft53 sqmt – 1,540 sqft143.1 sqmtAED 12,403 – AED 33,510
2 Beds Apartment (2026)AED 21.761,850 sqft171.9 sqmt – 2,350 sqft218.3 sqmtAED 40,256 – AED 51,136
3 Beds Apartment (2026)AED 21.762,420 sqft224.8 sqmt – 2,850 sqft264.8 sqmtAED 52,659 – AED 62,016
Commercial (2026)AED 27.5750 sqft4.6 sqmt – 2,250 sqft209 sqmtAED 1,379 – AED 62,033
Offices (2026)AED 27.5750 sqft4.6 sqmt – 2,250 sqft209 sqmtAED 1,379 – AED 62,033
Retail (2026)AED 23.2750 sqft4.6 sqmt – 2,250 sqft209 sqmtAED 1,164 – AED 52,358
Studio Apartment (2026)AED 21.76370 sqft34.4 sqmt – 630 sqft58.5 sqmtAED 8,051 – AED 13,709

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Concorde Tower 1

Transportation near Concorde Tower 1

The nearest Dubai Metro station from Concorde Tower 1 is Jumeirah Lake Towers (red line, 0.5 km, about 6 min walk), then DAMAC Properties (red line, 1.2 km, about 14 min walk). Stations planned on new lines nearby include Jumeirah Lake Towers (orange line, 0.7 km, about 8 min walk) and Dubai Marina Mall (orange line, 0.8 km, about 10 min walk).

  • Jumeirah Lake TowersRed line · 0.5 km · about 6 min walk
  • Jumeirah Lake TowersOrange line · 0.7 km · about 8 min walk
  • Dubai Marina MallOrange line · 0.8 km · about 10 min walk
  • DAMAC PropertiesRed line · 1.2 km · about 14 min walk
  • Dubai MarinaOrange line · 1.3 km · about 5 min drive
  • Jumeirah Beach Residence 1Orange line · 1.3 km · about 5 min drive

Shopping and groceries near Concorde Tower 1

The closest is Dubai Marina Mall, 0.8 km from Concorde Tower 1 (about 10 min walk).

  • Dubai Marina MallShopping Mall · 0.8 km · about 10 min walk
  • Wafi MallShopping Mall · 0.9 km · about 11 min walk
  • Marina MallShopping Mall · 0.9 km · about 11 min walk
  • Al Maya / Dream Tower, Dubai MarinaSupermarket · 0.9 km · about 11 min walk
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 1.2 km · about 14 min walk

Restaurants and hotels near Concorde Tower 1

The closest is Bonnington Jumeirah Lakes Towers, 0.8 km from Concorde Tower 1 (about 10 min walk).

  • Bonnington Jumeirah Lakes TowersHotel · 0.8 km · about 10 min walk
  • Radisson Blu Residence, Dubai MarinaHotel · 1 km · about 12 min walk
  • Gloria HotelHotel · 1.1 km · about 13 min walk
  • Suha Hotel ApartmentsHotel · 1.3 km · about 5 min drive
  • Oasis Beach Tower ApartmentsHotel · 1.4 km · about 5 min drive

Hospitals and clinics near Concorde Tower 1

The closest is Armada Medical Centre, 0.6 km from Concorde Tower 1 (about 7 min walk).

  • Armada Medical CentreHospital · 0.6 km · about 7 min walk
  • Eternity Medicine Institute DubaiHospital · 1.5 km · about 5 min drive
  • Eternity Medicine InstituteHospital · 1.7 km · about 5 min drive
  • Dr Marc Mueller VIP ClinicHospital · 1.7 km · about 5 min drive
  • Cosmesurge & Emirates HospitalHospital · 1.9 km · about 6 min drive

Parks and leisure near Concorde Tower 1

The closest is JBR Beach, 1.3 km from Concorde Tower 1 (about 5 min drive).

  • JBR BeachPark · 1.3 km · about 5 min drive

Schools near Concorde Tower 1

The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 1.3 km away. Ratings are the KHDA's latest inspection grades.

  • EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 1.3 km
  • Dubai British SchoolUK · KHDA: Outstanding · 3.1 km
  • Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 3.3 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 3.6 km
  • Dubai International Academy L.L.CInternational Baccalaureate - International Baccalaureate (1 · KHDA: Outstanding · 3.6 km
  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 3.9 km

Other buildings in Al Thanyah Fifth

Al Thanyah Fifth has 133 buildings. A few others to compare Concorde Tower 1 with:

All 133 Al Thanyah Fifth buildings →

Things to consider about Concorde Tower 1

In its favour

  • Jumeirah Lake Towers metro station is within walking distance.
  • An active resale market: 32 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 16%.
  • A median gross yield of 6.8% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 27.57 per sq ft are on the higher side for Dubai.
  • Completed 14 years ago: ask about maintenance and any planned refurbishment.

FAQs

Concorde Tower 1: questions answered

Concorde Tower 1 was developed by 32 Group in Al Thanyah Fifth.

Concorde Tower 1 is completed in Q1 2012.

Across its 20 most recent registered sales, Concorde Tower 1 sold for a median of AED 1,293 per sq ft and AED 1.1M per unit.

Recent yearly contracts in Concorde Tower 1 have a median rent of AED 70.0K.

The median gross yield on recently sold units in Concorde Tower 1 is 6.8%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Concorde Tower 1 is AED 21.76 per sq ft a year, as registered with the Dubai Land Department.

Concorde Tower 1 has Studio (370 to 630 sq ft), 1 Bed (570 to 1,540 sq ft), 2 Beds (1,850 to 2,350 sq ft), 3 Beds (2,420 to 2,850 sq ft), Commercial (50 to 2,250 sq ft).

Jumeirah Lake Towers is about 0.5 km from Concorde Tower 1.

The nearest schools include EMIRATES INTERNATIONAL SCHOOL MEADOWS (1.3 km), Dubai British School (3.1 km), Dubai British School Jumeirah Park (3.3 km).

Buying, selling or renting in Concorde Tower 1?

A broker who works Al Thanyah Fifth will tell you what is available and what comparable homes went for.

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