PropertyIndex

Concept 7 Residences

Completed · Q3 2024|160 units · 1 tower

Alerts: Get notified of every new DLD-registered sale and rental contract.

Concept 7 Residences is a completed apartment development by CONDOR CONCEPT 7 REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 160 registered units. 201 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,518 per sqft. At AED 1,518 per sqft, Concept 7 Residences prices 5% above the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 0.8% YoY
1.02MAED
Typical
1,518AED
PSF
Gross yield
7.4%
PIX© rent ÷ PIX© price
Sale records
201
DLD · all time
Rent contracts
135
Ejari · all time
Concept 7 Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
388 – 1,603 sqft
1601.02M1,5180.8%76K7.4%
Residential
Studio · Apartment
388 – 487 sqft
29
1 Bed · Apartment
616 – 1,269 sqft
118
2 Bed · Apartment
1,009 – 1,603 sqft
12
Commercial
Shop
1,464 sqft
1
Sales — Project-Wide201 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
6 Aug 20262 BedFloor 101,1411,823,4881,598StandardPayment Plan Sale
31 Jul 20261 BedFloor 5691970,4241,404StandardStandard Sale
15 Jul 20261 BedFloor 7723930,0001,287+7.3%Entry LevelStandard Sale
Rentals — Project-Wide135 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 131 rentals
Floors 1-5 · 78 rentals
Floors 6-10 · 53 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
26 Sep 20261 Bed80180,000100Premiumrenewal
15 Aug 2026StudioFloor 1043349,000113-31.9%Standardnew
13 Aug 20261 BedFloor 468878,000113Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Concept 7 Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Concept 7 Residences cost?

Property in Concept 7 Residences sells at a current PIX© price of AED 1,518 per sqft, or about AED 1,024,766 for a typical unit, based on 201 sales registered with the Dubai Land Department.

Is Concept 7 Residences completed?

Yes. Concept 7 Residences is recorded as completed in the Dubai Land Department project register (completed q3 2024).

Who is the developer of Concept 7 Residences?

Concept 7 Residences is developed by CONDOR CONCEPT 7 REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Concept 7 Residences?

Concept 7 Residences yields 7.4% gross, calculated from current PIX© rent against current PIX© sale price, across 135 registered Ejari contracts.

How many units are in Concept 7 Residences?

Concept 7 Residences holds 160 registered units, per the Dubai Land Department unit register.

Have prices in Concept 7 Residences gone up or down?

Price per sqft has risen +0.8% over the last 12 months, to AED 1,518, across 201 registered sales.