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Concorde Tower, JLT

Concorde Tower, JLT

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Strengths

Prime Location

Modern Facilities

Stunning Views

Weakens

High Property Prices

Limited Parking Space

Noisy Environment

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Description

Concorde Tower, JLT

Real Estate Overview

Building Overview

  • Concorde Tower, situated in the vibrant Jumeirah Lake Towers (JLT) community, is a premier residential skyscraper offering stunning views of the lakes and lush greenery.
  • The building is well-connected to public transportation, with access to the Dubai Metro and multiple bus routes nearby, facilitating easy commuting.
  • Its strategic location places it close to popular attractions and essential amenities such as shopping malls, restaurants, and parks.

Properties Overview

  • Concorde Tower features a variety of residential units, including spacious apartments with one, two, and three-bedroom configurations. The units are designed with modern finishes and excellent layouts.
  • Rental prices typically range from AED 50,000 to AED 120,000 annually, while sale prices vary from AED 750,000 to AED 2,000,000, depending on the size and view of the apartment.
  • The most sought-after units are those with lake views and higher floors, which offer both breathtaking scenery and lower noise levels.

Market Trends

  • The real estate market in JLT, particularly in Concorde Tower, has shown a steady increase in rental demand, resulting in an average annual rental yield of around 7-8%.
  • In the past year, sales prices have seen a modest appreciation, indicating a stable market with increasing investor interest.
  • Looking ahead, analysts expect continued growth driven by robust demand for affordable luxury living in Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to nearby supermarkets, schools, and healthcare facilities such as clinics and pharmacies, ensuring all essential services are within reach.
  • Prominent educational institutions and hospitals are located within a short drive, enhancing the family-friendly aspect of living in Concorde Tower.

Transportation and Accessibility

  • Concorde Tower boasts excellent transportation links, including dedicated parking spaces for residents and visitors, making commuting hassle-free.
  • The building's prime location allows for quick access to major highways such as Sheikh Zayed Road, facilitating travel to other areas in Dubai.

Lifestyle Amenities

  • The community offers numerous lifestyle amenities, including fitness centers, swimming pools, and a range of dining options, appealing to all ages.
  • Residents can enjoy leisure activities by exploring nearby parks and recreational areas, fostering an active lifestyle.

Builing Facilities

  • Concorde Tower is equipped with modern facilities, including high-speed elevators, 24/7 security personnel, central air conditioning, and efficient maintenance services.
  • The building is designed to enhance the living experience, ensuring safety and comfort for all residents.

Special Services

  • Additional services include a concierge desk, guest services for visitors, and well-equipped business centers for professionals and remote workers.
  • The building often features unique amenities that cater to the diverse needs of its residents, enhancing the quality of life.

Planning Your Move or Investment

Floor Plans and Property Types

  • Concorde Tower offers various floor plans tailored for different lifestyles, including modern apartments that suit singles, couples, and families alike.
  • Each unit is designed to maximize space and light, ensuring a delightful living environment.

Things to Consider

  • Potential residents and buyers should consider factors such as proximity to public transport, community amenities, and the overall lifestyle that JLT offers.
  • Budget planning for utilities and maintenance costs is also essential before finalizing any agreements.

Useful FAQs and Support

Events and Building Life

Building Events

  • Concorde Tower hosts various community events and social gatherings, fostering a sense of community among residents, such as seasonal celebrations and fitness challenges.

Community Identity

  • The building stands out in JLT for its unique architectural design and its commitment to sustainability and modern urban living.
  • With a blend of luxury and community spirit, Concorde Tower has become a desirable address for both residents and investors.

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Detailed Buiding Insights

1. Family Friendliness

Concorde Tower has a family-oriented environment, with plenty of parks and schools in close proximity which makes it ideal for families.

Exceptionally Welcoming

2. Living Options

The tower offers a range of living options including spacious apartments and penthouses, attracting a diverse community of residents.

Broadly Diverse

3. Safety And Security

The building is equipped with modern security systems, including 24/7 surveillance and access control, ensuring residents feel safe.

Remarkably Secure

4. Transportation

Concorde Tower benefits from its strategic location within the JLT area, making access to public transport and major highways very easy.

Highly Convenient

5. Amenities And Facilities

Facilities include swimming pools, gyms, and recreational areas, catering well to both fitness enthusiasts and families.

Richly Equipped

6. Cost Of Living

While rents can be slightly higher due to the prime location and quality, they are balanced by the amenities and services offered.

Relatively Balanced

7. Things To Do

The area is rich in entertainment options with numerous dining, shopping, and leisure activities available just a short walk away.

Vibrantly Diverse

8. Noise Levels

Despite its bustling environment, the overall noise levels within the tower are quite manageable, providing a calm living experience.

Generally Peaceful

9. Pet Friendliness

The community is known for being pet-friendly, with parks and pet services readily available to support pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

285.1K AED - 362.7K AED

Rent:

20.8K AED - 30.8K AED

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