Studio · 438 sqftConcept 7 Residences, Jumeirah Village Circle (JVC) · 2nd floor · completed 2024

217, Concept 7 Residences

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 640K8 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Concept 7 Residences

What is 217 worth today?

Last sold for AED 640,000 in 2024

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8 Mar 2024SoldOff-plan
AED 640,000AED 1,460 per sqft
20 Oct 2023Sold by developerOff-plan
AED 530,000AED 1,209 per sqft

Source: Dubai Land Department. Updated 8 March 2024.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
2nd of 10
Parking
1
Developer
Condor Concept 7 Real Estate Development
Completed
2024
Last sold
AED 640K · March 2024

About 217, Concept 7 Residences

217 is a studio of 438 sqft on the 2nd 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 March 2024 for AED 640,000, or AED 1,460 per sqft, 13% above the AED 1,296 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical studio in Concept 7 Residences
500K600K700K2023202420252026Typical sale price by year: 2023 AED 530,000; 2024 AED 678,750; 2025 AED 720,000Sold by developer, October 2023: AED 530,000 (AED 1,209 per sqft)Sold, March 2024: AED 640,000 (AED 1,460 per sqft)

217 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in Concept 7 Residences
50K55K60K202520262027Typical rent by year: 2025 AED 59,500; 2026 AED 50,000

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 217 sits

All 29 studios →

217 last sold in March 2024 at AED 1,460 per sqft, 13% above what studios in Concept 7 Residences were fetching at the time (AED 1,296). 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 salesUnit no.Price (AED)Summary
10 Aug 20263,062
30 Mar 2026752,000
15 Dec 2025720,000
3 Dec 2025720,000
4 studio sales in the last 12 months

Concept 7 Residences

Building

159 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%
Concept 7 Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 159 units in Concept 7 Residences
Value
2012-bedAED 1.31M · May 2024
2021-bedAED 983K · Mar 2024
2031-bedAED 1.01M · Jan 2024
2041-bedAED 1.02M · Feb 2024
2051-bedAED 1M · May 2025
2061-bedAED 807K · Aug 2023
2071-bedAED 1.13M · Jun 2025
1–7 of 16

217, Concept 7 Residences in numbers

  • Sold twice: first on 20 October 2023 for AED 530,000, last on 8 March 2024 for AED 640,000 (AED 1,460 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 8 March 2024.

Questions about 217, Concept 7 Residences

What did unit 217 last sell for?

AED 640,000 on 8 March 2024: AED 1,460 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 530,000 in October 2023.

How big is unit 217?

438 sqft (40.7 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2024.

What is unit 217 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 217, Concept 7 Residences

Starts from the last sale price (AED 640K, 8 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →