1002, Concept 7 Residences
Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Concept 7 Residences
What is 1002 worth today?
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Source: Dubai Land Department. Updated 29 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 634 sqft
- Floor
- 10th of 10
- Parking
- 1
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 1.21M · March 2024
- Building
- Concept 7 Residences
About 1002, Concept 7 Residences
1002 is a one-bedroom apartment of 634 sqft on the 10th floor of Concept 7 Residences, a 10-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Condor Concept 7 Real Estate Development . The developer sold it on 12 March 2024 for AED 1,210,848, or AED 1,911 per sqft, 41% above the AED 1,353 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 29 July 2025, is AED 83,000 a year: a gross yield of 6.9% on the 2024 price.
Sales and rents for 1002 over time
1002 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Concept 7 Residences, and where 1002 sits
All 118 1-beds →1002 last sold in March 2024 at AED 1,911 per sqft, 41% above what one-beds in Concept 7 Residences were fetching at the time (AED 1,353). Over the last 12 months one-beds sold for AED 930,000 to 1,246,420, around AED 1,572 per sqft, and rent for AED 55,000 to 90,000 a year. 1002's AED 83,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 691 sqft | 1,246,420 | 1,804 | ||
| 15 Jul 202615 July 2026 | 723 sqft | 930,000 | 1,287 | ||
| 2 Jul 20262 July 2026 | 731 sqft | 930,000 | 1,272 | ||
| 11 Jun 202611 June 2026 | 688 sqft | 1,170,000 | 1,699 |
Concept 7 Residences
Building159 apartments, studios to 2-bed over 10 floors in Jumeirah Village Circle (JVC), completed in 2024 by Condor Concept 7 Real Estate Development . 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,658 Up 4.0%
- Typical sale
- AED 1.11M
- Typical rent
- AED 73K /yr
- Typical yield
- 6.3%
Other units on the 10th floor
All 159 units in Concept 7 Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 619 sqft | AED 1.2MAED 1,204,832 · Aug 2024August 2024 | 67,000 /yr | |
| 1003 | 2-bed | 1,009 sqft | AED 1.93MAED 1,930,818 · Aug 2025August 2025 | ||
| 1004 | 1-bed | 723 sqft | AED 1.22MAED 1,224,670 · Mar 2024March 2024 | ||
| 1005 | 1-bed | 709 sqft | AED 1.23MAED 1,233,734 · Feb 2024February 2024 | ||
| 1006 | Studio | 396 sqft | AED 750KAED 750,000 · Mar 2024March 2024 | 43,594 /yr | |
| 1007 | 1-bed | 747 sqft | AED 1.01MAED 1,014,550 · Mar 2024March 2024 | ||
| 1008 | 1-bed | 774 sqft | AED 1.02MAED 1,024,850 · Mar 2024March 2024 | 70,000 /yr | |
| 1009 | 2-bed | 1,141 sqft | AED 1.82MAED 1,823,488 · Aug 2026August 2026 | ||
| 1010 | 1-bed | 683 sqft | AED 1.23MAED 1,234,949 · Mar 2024March 2024 | 75,000 /yr | |
| 1011 | 1-bed | 718 sqft | AED 1.23MAED 1,225,185 · Mar 2024March 2024 | 80,000 /yr | |
| 1012 | Studio | 393 sqft | AED 783KAED 782,800 · Mar 2024March 2024 | 34,172 /yr | |
| 1013 | Studio | 432 sqft | AED 816KAED 815,760 · Mar 2024March 2024 | 49,000 /yr |
1002, Concept 7 Residences in numbers
- Sold once: by Condor Concept 7 Real Estate Development on 12 March 2024 for AED 1,210,848, or AED 1,911 per sqft.
- Rented since July 2025 on 2 Ejari contracts, at AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2024 price is 6.9%.
- One-beds in Concept 7 Residences sold for AED 930,000–1,246,420 in the 12 months to November 2026; the building's median across all types is AED 1,658 per sqft.
Source: Dubai Land Department. Updated 29 July 2025.
Questions about 1002, Concept 7 Residences
What did unit 1002 last sell for?
AED 1,210,848 on 12 March 2024, sold by the developer: AED 1,911 per sqft for 634 sqft. It is the only registered sale of the unit.
What is the rent for unit 1002?
AED 83,000 a year on the contract signed on 29 July 2025. The previous contract, from July 2025, was AED 83,000.
How big is unit 1002?
634 sqft (58.9 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2024.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Concept 7 Residences sold for AED 930,000 to 1,246,420 in the last 12 months, around AED 1,572 per sqft.
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Mortgage on 1002, Concept 7 Residences
Starts from the last sale price (AED 1.21M, 12 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,210,848
- Deposit, UAE resident (20%)
- AED 242,170
- Deposit, non-resident (40%)
- AED 484,339
- Monthly over 25 years at 3.7%
- AED 4,954
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →