416, Concept 7 Residences
Sold prices and rental history: sold 3 times, last in February 2025, 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 416, Concept 7 Residences
What is 416 worth today?
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Source: Dubai Land Department. Updated 27 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 396 sqft
- Floor
- 4th of 10
- Parking
- P3-117
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 700K · February 2025
- Building
- Concept 7 Residences
About 416, Concept 7 Residences
416 is a studio of 396 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 27 February 2025 for AED 700,000, or AED 1,768 per sqft, in line with the AED 1,730 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 416 over time
416 has sold 3 times; 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 416 sits
All 29 studios →416 last sold in February 2025 at AED 1,768 per sqft, in line with what studios in Concept 7 Residences were fetching at the time (AED 1,730). 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 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 | ||
| 409 | 1-bed | 723 sqft | AED 980KAED 980,000 · Jan 2026January 2026 | 80,000 /yr | |
| 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 | |
| 417 | Studio | 438 sqft | AED 688KAED 687,500 · Nov 2023November 2023 | 55,000 /yr |
416, Concept 7 Residences in numbers
- Sold 3 times: first on 18 January 2024 for AED 717,500, last on 27 February 2025 for AED 700,000 (AED 1,768 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 27 February 2025.
Questions about 416, Concept 7 Residences
What did unit 416 last sell for?
AED 700,000 on 27 February 2025: AED 1,768 per sqft for 396 sqft. The unit has 3 registered sales; the first was AED 717,500 in January 2024.
How big is unit 416?
396 sqft (36.8 sqm): a studio on the 4th floor of a 10-storey tower completed in 2024.
What is unit 416 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 416? Put it on the OpenOffers board
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Mortgage on 416, Concept 7 Residences
Starts from the last sale price (AED 700K, 27 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →