1-bed · 685 sqftConcept 7 Residences, Jumeirah Village Circle (JVC) · 6th floor · completed 2024

614, Concept 7 Residences

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 992K9 May 2024
Current rentAED 68K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Concept 7 Residences

What is 614 worth today?

Last sold for AED 992,128 in 2024

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7 Oct 2026RentedNew contract
AED 68,000/yr12 months · AED 99 per sqft
9 May 2024Sold by developerOff-plan
AED 992,128AED 1,449 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
6th of 10
Parking
1
Developer
Condor Concept 7 Real Estate Development
Completed
2024
Last sold
AED 992K · May 2024

About 614, Concept 7 Residences

614 is a one-bedroom apartment of 685 sqft on the 6th floor of Concept 7 Residences, a 10-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Condor Concept 7 Real Estate Development . The developer sold it on 9 May 2024 for AED 992,128, or AED 1,449 per sqft, 6% above the AED 1,373 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 October 2026. The current contract, signed on 7 October 2026, is AED 68,000 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical one-bed in Concept 7 Residences
1M20232024202520262027Typical sale price by year: 2023 AED 883,292; 2024 AED 1,037,455; 2025 AED 1,117,500; 2026 AED 1,100,000Sold by developer, May 2024: AED 992,128 (AED 1,449 per sqft)

614 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 614, each contractTypical one-bed in Concept 7 Residences
70K80K202520262027Typical rent by year: 2025 AED 82,000; 2026 AED 74,000New contract, October 2026: AED 68,000 a year

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 614 sits

All 118 1-beds →

614 last sold in May 2024 at AED 1,449 per sqft, 6% above what one-beds in Concept 7 Residences were fetching at the time (AED 1,373). 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. 614's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,246,420
15 Jul 2026930,000
2 Jul 2026930,000
11 Jun 20261,170,000
10 1-bed 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 6th floor

All 159 units in Concept 7 Residences
Value
6012-bedAED 1.41M · Oct 2023
6021-bedAED 1.17M · Jul 2025
6031-bedAED 980K · Apr 2024
6041-bedAED 986K · Feb 2024
6051-bedAED 977K · Feb 2024
6061-bedAED 1M · Mar 2024
6071-bedAED 1.02M · Dec 2023
1–7 of 16

614, Concept 7 Residences in numbers

  • Sold once: by Condor Concept 7 Real Estate Development on 9 May 2024 for AED 992,128, or AED 1,449 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 6.9%.
  • 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 7 October 2026.

Questions about 614, Concept 7 Residences

What did unit 614 last sell for?

AED 992,128 on 9 May 2024, sold by the developer: AED 1,449 per sqft for 685 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 68,000 a year on the contract signed on 7 October 2026.

How big is unit 614?

685 sqft (63.6 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2024.

What is unit 614 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 614, Concept 7 Residences

Starts from the last sale price (AED 992K, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 992,128
Deposit, UAE resident (20%)
AED 198,426
Deposit, non-resident (40%)
AED 396,851
Monthly over 25 years at 3.7%
AED 4,059

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