409, Concept 7 Residences
Sold prices and rental history: sold twice, last in January 2026, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Concept 7 Residences
What is 409 worth today?
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Source: Dubai Land Department. Updated 22 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 723 sqft
- Floor
- 4th of 10
- Parking
- P3-124
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 980K · January 2026
- Building
- Concept 7 Residences
About 409, Concept 7 Residences
409 is a one-bedroom apartment of 723 sqft on the 4th 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 22 January 2026 for AED 980,000, or AED 1,356 per sqft, 11% below the AED 1,518 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 September 2025. The current contract, signed on 23 September 2025, is AED 80,000 a year: a gross yield of 8.2% on the 2026 price.
Sales and rents for 409 over time
409 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 409 sits
All 118 1-beds →409 last sold in January 2026 at AED 1,356 per sqft, 11% below what one-beds in Concept 7 Residences were fetching at the time (AED 1,518). 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. 409's AED 80,000 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 4th floor
All 159 units in Concept 7 Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,148 sqft | AED 1.9MAED 1,900,350 · Mar 2024March 2024 | ||
| 402 | 1-bed | 702 sqft | AED 1.12MAED 1,120,519 · May 2024May 2024 | 90,000 /yr | |
| 403 | 1-bed | 698 sqft | AED 998KAED 997,987 · Mar 2024March 2024 | 84,000 /yr | |
| 404 | 1-bed | 696 sqft | AED 1.16MAED 1,164,091 · Mar 2024March 2024 | ||
| 405 | 1-bed | 698 sqft | AED 1.14MAED 1,141,883 · Feb 2024February 2024 | ||
| 406 | 1-bed | 726 sqft | AED 1.01MAED 1,013,247 · Feb 2024February 2024 | 70,000 /yr | |
| 407 | 1-bed | 710 sqft | AED 1.17MAED 1,169,026 · Feb 2024February 2024 | 90,000 /yr | |
| 408 | Studio | 392 sqft | AED 725KAED 725,000 · Feb 2024February 2024 | ||
| 410 | 1-bed | 739 sqft | AED 968KAED 968,182 · Feb 2024February 2024 | 86,000 /yr | |
| 411 | 1-bed | 734 sqft | AED 996KAED 996,359 · May 2024May 2024 | 75,000 /yr | |
| 412 | 1-bed | 754 sqft | AED 1.01MAED 1,013,520 · Mar 2024March 2024 | 80,000 /yr | |
| 413 | 1-bed | 753 sqft | AED 1.17MAED 1,173,000 · Jun 2025June 2025 | 75,000 /yr | |
| 414 | 1-bed | 688 sqft | AED 1.17MAED 1,170,000 · Jun 2026June 2026 | 78,000 /yr | |
| 415 | 1-bed | 713 sqft | AED 1.21MAED 1,208,110 · Mar 2024March 2024 | 80,000 /yr | |
| 416 | Studio | 396 sqft | AED 700KAED 700,000 · Feb 2025February 2025 | ||
| 417 | Studio | 438 sqft | AED 688KAED 687,500 · Nov 2023November 2023 | 55,000 /yr |
409, Concept 7 Residences in numbers
- Sold twice: first on 24 April 2024 for AED 968,377, last on 22 January 2026 for AED 980,000 (AED 1,356 per sqft).
- Rented since September 2025 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2026 price is 8.2%.
- 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 22 January 2026.
Questions about 409, Concept 7 Residences
What did unit 409 last sell for?
AED 980,000 on 22 January 2026: AED 1,356 per sqft for 723 sqft. The unit has 2 registered sales; the first was AED 968,377 in April 2024.
What is the rent for unit 409?
AED 80,000 a year on the contract signed on 23 September 2025.
How big is unit 409?
723 sqft (67.2 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2024.
What is unit 409 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 409, Concept 7 Residences
Starts from the last sale price (AED 980K, 22 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →