113, Concept 7 Residences
Sold prices and rental history: sold twice, last in July 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 113, Concept 7 Residences
What is 113 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 487 sqft
- Floor
- 1st of 10
- Parking
- P3M-168
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 740K · July 2025
- Building
- Concept 7 Residences
About 113, Concept 7 Residences
113 is a studio of 487 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 8 July 2025 for AED 740,000, or AED 1,518 per sqft, 7% below the AED 1,628 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2026. The current contract, renewed on 1 August 2026, is AED 57,000 a year: a gross yield of 7.7% on the 2025 price.
Sales and rents for 113 over time
113 has sold twice; 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 113 sits
All 29 studios →113 last sold in July 2025 at AED 1,518 per sqft, 7% below what studios in Concept 7 Residences were fetching at the time (AED 1,628). 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. 113's AED 57,000 is in the upper 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 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 | |
| 111 | 1-bed | 776 sqft | AED 950KAED 950,000 · Aug 2025August 2025 | 75,000 /yr | |
| 112 | 1-bed | 809 sqft | AED 952KAED 952,208 · Nov 2023November 2023 | ||
| 114 | Studio | 481 sqft | AED 550KAED 550,000 · Sep 2024September 2024 |
113, Concept 7 Residences in numbers
- Sold twice: first on 8 August 2023 for AED 562,231, last on 8 July 2025 for AED 740,000 (AED 1,518 per sqft).
- Rented since August 2026 on one Ejari contract, at AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2025 price is 7.7%.
- 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 1 August 2026.
Questions about 113, Concept 7 Residences
What did unit 113 last sell for?
AED 740,000 on 8 July 2025: AED 1,518 per sqft for 487 sqft. The unit has 2 registered sales; the first was AED 562,231 in August 2023.
What is the rent for unit 113?
AED 57,000 a year on the contract renewed on 1 August 2026.
How big is unit 113?
487 sqft (45.2 sqm): a studio on the 1st floor of a 10-storey tower completed in 2024.
What is unit 113 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.
Selling 113? Put it on the OpenOffers board
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Mortgage on 113, Concept 7 Residences
Starts from the last sale price (AED 740K, 8 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →