114, Concept 7 Residences
Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 114, Concept 7 Residences
What is 114 worth today?
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Source: Dubai Land Department. Updated 17 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 481 sqft
- Floor
- 1st of 10
- Parking
- 1
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 550K · September 2024
- Building
- Concept 7 Residences
About 114, Concept 7 Residences
114 is a studio of 481 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 17 September 2024 for AED 550,000, or AED 1,142 per sqft, 14% below the AED 1,322 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 114 over time
114 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 114 sits
All 29 studios →114 last sold in September 2024 at AED 1,142 per sqft, 14% below what studios in Concept 7 Residences were fetching at the time (AED 1,322). 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.
| 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 | ||
| 113 | Studio | 487 sqft | AED 740KAED 740,000 · Jul 2025July 2025 | 57,000 /yr |
114, Concept 7 Residences in numbers
- Sold twice: first on 16 October 2023 for AED 553,443, last on 17 September 2024 for AED 550,000 (AED 1,142 per sqft).
- 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 17 September 2024.
Questions about 114, Concept 7 Residences
What did unit 114 last sell for?
AED 550,000 on 17 September 2024: AED 1,142 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 553,443 in October 2023.
How big is unit 114?
481 sqft (44.7 sqm): a studio on the 1st floor of a 10-storey tower completed in 2024.
What is unit 114 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 114, Concept 7 Residences
Starts from the last sale price (AED 550K, 17 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →