111, Concept 7 Residences
Sold prices and rental history: sold twice, last in August 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Concept 7 Residences
What is 111 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 776 sqft
- Floor
- 1st of 10
- Parking
- P3M-170
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 950K · August 2025
- Building
- Concept 7 Residences
About 111, Concept 7 Residences
111 is a one-bedroom apartment of 776 sqft on the 1st floor of Concept 7 Residences, a 10-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Condor Concept 7 Real Estate Development . It last sold on 4 August 2025 for AED 950,000, or AED 1,223 per sqft, 18% below the AED 1,487 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 75,000 a year: a gross yield of 7.9% on the 2025 price.
Sales and rents for 111 over time
111 has sold twice; 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 111 sits
All 118 1-beds →111 last sold in August 2025 at AED 1,223 per sqft, 18% below what one-beds in Concept 7 Residences were fetching at the time (AED 1,487). 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. 111's AED 75,000 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 1st floor
All 159 units in Concept 7 Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,148 sqft | AED 1.94MAED 1,936,400 · May 2024May 2024 | ||
| 102 | 1-bed | 702 sqft | AED 979KAED 978,594 · Oct 2023October 2023 | 55,000 /yr | |
| 103 | 1-bed | 698 sqft | AED 1.1MAED 1,101,753 · Dec 2023December 2023 | 80,000 /yr | |
| 104 | 1-bed | 696 sqft | AED 1.13MAED 1,132,794 · May 2024May 2024 | 73,000 /yr | |
| 105 | 1-bed | 698 sqft | AED 1.13MAED 1,131,662 · Feb 2024February 2024 | 70,000 /yr | |
| 106 | 1-bed | 711 sqft | AED 782KAED 781,815 · Oct 2023October 2023 | 82,000 /yr | |
| 107 | 1-bed | 731 sqft | AED 990KAED 990,000 · Jul 2025July 2025 | ||
| 108 | 1-bed | 734 sqft | AED 1.15MAED 1,150,300 · Jun 2024June 2024 | ||
| 109 | 1-bed | 754 sqft | AED 1.16MAED 1,163,098 · Nov 2024November 2024 | 70,000 /yr | |
| 110 | 1-bed | 749 sqft | AED 1.18MAED 1,175,672 · Mar 2024March 2024 | 80,000 /yr | |
| 112 | 1-bed | 809 sqft | AED 952KAED 952,208 · Nov 2023November 2023 | ||
| 113 | Studio | 487 sqft | AED 740KAED 740,000 · Jul 2025July 2025 | 57,000 /yr | |
| 114 | Studio | 481 sqft | AED 550KAED 550,000 · Sep 2024September 2024 |
111, Concept 7 Residences in numbers
- Sold twice: first on 8 August 2023 for AED 991,326, last on 4 August 2025 for AED 950,000 (AED 1,223 per sqft).
- Rented since September 2025 on 3 Ejari contracts, from AED 86,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2025 price is 7.9%.
- 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 1 September 2026.
Questions about 111, Concept 7 Residences
What did unit 111 last sell for?
AED 950,000 on 4 August 2025: AED 1,223 per sqft for 776 sqft. The unit has 2 registered sales; the first was AED 991,326 in August 2023.
What is the rent for unit 111?
AED 75,000 a year on the contract signed on 1 September 2026. The previous contract, from June 2026, was AED 72,000; the unit has been rented since September 2025.
How big is unit 111?
776 sqft (72.1 sqm): a one-bedroom apartment on the 1st floor of a 10-storey tower completed in 2024.
What is unit 111 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 111, Concept 7 Residences
Starts from the last sale price (AED 950K, 4 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →