CONCORDE TOWER
MatureDeveloper32 GROUP PROPERTIES LIMITED
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
21 years 1 month ago27-11-2004
Handover
17 years 9 months ago19-04-2008
Status
CompleteFinished
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+6%
GrowthCurrent:AED 1,355/sqft
Last 12M:AED 1,283/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 1,283/sqft
Prior Year:AED 1,160/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount-21%
Below AvgProject:AED 1,355/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
50Sold (Last 12M)
Supply & Demand Matrix
CONCORDE TOWER averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
60 units
2 sold58 left
3%
Velocity
1 Bedroom
406 units
42 sold364 left
10%
Velocity
2 Bedrooms
4 units
1 sold3 left
25%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
17 units
2 sold15 left
12%
Velocity
Office
13 units
3 sold10 left
23%
Velocity
Layouts & Units (502)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-41 | Inventory 60units 6 layouts · Typically 1 parking 2-4 sqm balcony | Size Range 245-631sqft | Price Range AED 215K - AED 830K | Avg PSF 1,007 | Sales 142 | Trend — | |
Asset Class 1 Bed FlatFloors 2-43 | Inventory 406units 48 layouts · Typically 1 parking 4-34 sqm balcony | Size Range 67-1,615sqft | Price Range AED 25K - AED 2.0M | Avg PSF 865 | Sales 953 | Trend — | |
Asset Class 2 Bed FlatFloors 37-43 | Inventory 4units 3 layouts · Typically 1.5 parking 7-17 sqm balcony | Size Range 1,851-2,353sqft | Price Range AED 586K - AED 2.8M | Avg PSF 796 | Sales 14 | Trend — | |
Asset Class 3 Bed FlatFloor 37 | Inventory 2units 2 layouts · Typically 2 parking ~12 sqm balcony | Size Range 2,416-2,853sqft | Price Range AED 2.3M - AED 3.1M | Avg PSF 945 | Sales 7 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 17,761-17,761sqft | Price Range — | Avg PSF 1,267 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,432-1,432sqft | Price Range — | Avg PSF 1,552 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-40 | Inventory 13units 12 layouts · Typically 1.4 parking 7-66 sqm balcony | Size Range 637-1,968sqft | Price Range AED 325K - AED 2.5M | Avg PSF 782 | Sales 27 | Trend — | |
Asset Class ShopPodium | Inventory 17units 17 layouts · Typically 1 parking | Size Range 624-2,303sqft | Price Range AED 565K - AED 4.2M | Avg PSF 1,252 | Sales 38 | Trend — |
Grouped into 8 asset classes covering 502 units