1006, 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 1006, Concept 7 Residences
What is 1006 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 396 sqft
- Floor
- 10th of 10
- Parking
- 1
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 750K · March 2024
- Building
- Concept 7 Residences
About 1006, Concept 7 Residences
1006 is a studio of 396 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 750,000, or AED 1,894 per sqft, 45% above the AED 1,304 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 43,594 a year: a gross yield of 5.8% on the 2024 price.
Sales and rents for 1006 over time
1006 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Concept 7 Residences, and where 1006 sits
All 29 studios →1006 last sold in March 2024 at AED 1,894 per sqft, 45% above what studios in Concept 7 Residences were fetching at the time (AED 1,304). Over the last 12 months studios sold for AED 720,000 to 752,000, around AED 1,855 per sqft, and rent for AED 34,172 to 66,500 a year. 1006's AED 43,594 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 399 sqft | 3,062 | 7 | ||
| 30 Mar 202630 March 2026 | 399 sqft | 752,000 | 1,884 | ||
| 15 Dec 202515 December 2025 | 388 sqft | 720,000 | 1,855 | ||
| 3 Dec 20253 December 2025 | 388 sqft | 720,000 | 1,854 |
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 | |
| 1002 | 1-bed | 634 sqft | AED 1.21MAED 1,210,848 · Mar 2024March 2024 | 83,000 /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 | ||
| 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 |
1006, Concept 7 Residences in numbers
- Sold once: by Condor Concept 7 Real Estate Development on 12 March 2024 for AED 750,000, or AED 1,894 per sqft.
- Rented since August 2025 on 2 Ejari contracts, from AED 50,000 to AED 43,594 a year.
- At AED 43,594 a year the gross yield on the 2024 price is 5.8%.
- Studios in Concept 7 Residences sold for AED 720,000–752,000 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 20 August 2026.
Questions about 1006, Concept 7 Residences
What did unit 1006 last sell for?
AED 750,000 on 12 March 2024, sold by the developer: AED 1,894 per sqft for 396 sqft. It is the only registered sale of the unit.
What is the rent for unit 1006?
AED 43,594 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 50,000.
How big is unit 1006?
396 sqft (36.8 sqm): a studio on the 10th floor of a 10-storey tower completed in 2024.
What is unit 1006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Concept 7 Residences sold for AED 720,000 to 752,000 in the last 12 months, around AED 1,855 per sqft.
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Mortgage on 1006, Concept 7 Residences
Starts from the last sale price (AED 750K, 12 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →