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Project profile

Concept 7 Residences Project · Jumeirah Village Circle · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Condor Concept 7 Real Estate Development

Data to 5 November 2026

Registered sales
17
Last 12 months
Median ready price
AED 1,651
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 15 August 2024. In the last 12 months, Dubai Land Department registered 17 sales in Concept 7 Residences, worth AED 20.2M in total. The median price of ready homes was 1,651 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.

Abstract illustration, not an architectural rendering

A completed project.

Construction progress100%

Completed

Start
15 February 2023
DLD end date
15 August 2024
Completion
15 August 2024
Units
160
Buildings
1

Launch and latest registrations.

Launch price
AED 1,228
First 90 days from Aug 2023, 56 home sales
Last 12 months
AED 1,651
17 home sales
Change
+29.4%
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Concept 7 Residences registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Nov 2023 — 3 sales
Dec 2023 1,374 AED/sqft 8 sales
Jan 2024 — 4 sales
Feb 2024 1,416 AED/sqft 23 sales
Mar 2024 1,430 AED/sqft 38 sales
Apr 2024 1,404 AED/sqft 5 sales
May 2024 1,448 AED/sqft 12 sales
Jun 2024 — 4 sales
Jul 2024 —
Aug 2024 — 2 sales
Sep 2024 — 2 sales
Oct 2024 — 1 sale
Nov 2024 — 1 sale
Dec 2024 — 2 sales
Jan 2025 — 1 sale
Feb 2025 — 2 sales
Mar 2025 —
Apr 2025 —
May 2025 —
Jun 2025 —
Jul 2025 —
Aug 2025 —
Sep 2025 —
Oct 2025 —
Nov 2025 —
Dec 2025 —
Jan 2026 —
Feb 2026 —
Mar 2026 —
Apr 2026 —
May 2026 —
Jun 2026 —
Jul 2026 —
Aug 2026 —

What does each home type sell and rent for in Concept 7 Residences?

  • Apartment · Studio

    Ready median price
    —
    Median yearly rent
    AED 50K
    Gross yield
    Rent only
  • Apartment · 1 bed

    Ready median price
    AED 1.1M
    Median yearly rent
    AED 75K
    Gross yield
    6.8%

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Jumeirah Village Circle area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Jumeirah Village Circle area report

Asking prices against sales

  • Property portal asking prices8.8%above registered sale pricesGap in 1 segment

Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.

The latest registered sales in Concept 7 Residences.

  • 17 Aug 2026

    Apartment1 bedReady691 sqft

    AED 1,246,4201,804 AED/sqft

  • 6 Aug 2026

    Apartment2 bedsReady1,141 sqft

    AED 1,823,4881,598 AED/sqft

  • 3 Aug 2026

    Apartment1 bedReady691 sqft

    AED 970,4241,404 AED/sqft

  • 16 Jul 2026

    Apartment1 bedReady723 sqft

    AED 930,0001,286 AED/sqft

  • 2 Jul 2026

    Apartment1 bedReady731 sqft

    AED 930,0001,272 AED/sqft

  • 12 Jun 2026

    Apartment1 bedReady688 sqft

    AED 1,170,0001,701 AED/sqft

  • 29 Apr 2026

    Apartment1 bedReady688 sqft

    AED 1,136,0001,651 AED/sqft

  • 28 Apr 2026

    Apartment2 bedsReady1,138 sqft

    AED 2,170,8421,908 AED/sqft

  • 30 Mar 2026

    ApartmentStudioReady399 sqft

    AED 752,0001,885 AED/sqft

  • 16 Mar 2026

    Apartment2 bedsReady1,138 sqft

    AED 2,181,7511,917 AED/sqft

Questions about Concept 7 Residences

What is the price per sq ft in Concept 7 Residences?

In the 12 months to 5 November 2026, the median registered sale price of ready homes was 1,651 AED/sqft.

How many homes were sold in Concept 7 Residences in the last 12 months?

In the last 12 months, Dubai Land Department registered 17 sales in Concept 7 Residences, worth AED 20.2M in total. The median price of ready homes was 1,651 AED/sqft. Registered sales to 5 November 2026.

What is the rent in Concept 7 Residences?

In the 12 months to 5 November 2026, Apartment · 1 bed was the most rented home type in Concept 7 Residences, at a median of AED 75,000 a year over 46 new contracts. Against its ready median price of AED 1,100,000, that is a gross yield of 6.8%, before service charges and other costs.

When was Concept 7 Residences completed?

Dubai Land Department lists the project as completed on 15 August 2024.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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