702, Concept 7 Residences
Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Concept 7 Residences
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 702 sqft
- Floor
- 7th of 10
- Parking
- 1
- Developer
- Condor Concept 7 Real Estate Development
- Completed
- 2024
- Last sold
- AED 874K · October 2023
- Building
- Concept 7 Residences
About 702, Concept 7 Residences
702 is a one-bedroom apartment of 702 sqft on the 7th 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 14 October 2023 for AED 874,152, or AED 1,244 per sqft, 4% above the AED 1,199 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2025. The current contract, signed on 1 October 2025, is AED 90,000 a year: a gross yield of 10.3% on the 2023 price.
Sales and rents for 702 over time
702 has sold once; 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 702 sits
All 118 1-beds →702 last sold in October 2023 at AED 1,244 per sqft, 4% above what one-beds in Concept 7 Residences were fetching at the time (AED 1,199). 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. 702's AED 90,000 is at the top 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 7th floor
All 159 units in Concept 7 Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,138 sqft | AED 2.18MAED 2,181,751 · Mar 2026March 2026 | ||
| 703 | 1-bed | 698 sqft | AED 869KAED 868,657 · Mar 2024March 2024 | ||
| 704 | 1-bed | 696 sqft | AED 866KAED 866,245 · Mar 2024March 2024 | ||
| 705 | 1-bed | 698 sqft | AED 1.15MAED 1,151,414 · Apr 2024April 2024 | 72,000 /yr | |
| 706 | 1-bed | 726 sqft | AED 1.05MAED 1,047,344 · Oct 2023October 2023 | 75,000 /yr | |
| 707 | 1-bed | 710 sqft | AED 1.22MAED 1,221,754 · Feb 2024February 2024 | ||
| 708 | Studio | 392 sqft | AED 502KAED 502,201 · Aug 2023August 2023 | 45,000 /yr | |
| 709 | 1-bed | 723 sqft | AED 930KAED 930,000 · Jul 2026July 2026 | 75,000 /yr | |
| 710 | 1-bed | 739 sqft | AED 874KAED 873,955 · Aug 2023August 2023 | ||
| 711 | 1-bed | 734 sqft | AED 1.04MAED 1,040,300 · Mar 2024March 2024 | 83,000 /yr | |
| 712 | 1-bed | 754 sqft | AED 1.01MAED 1,011,884 · Oct 2023October 2023 | ||
| 713 | 1-bed | 749 sqft | AED 914KAED 914,248 · Oct 2023October 2023 | ||
| 714 | 1-bed | 685 sqft | AED 876KAED 876,406 · Aug 2023August 2023 | 80,000 /yr | |
| 715 | 1-bed | 713 sqft | AED 913KAED 913,193 · Oct 2023October 2023 | 85,000 /yr | |
| 716 | Studio | 399 sqft | AED 3KAED 3,062 · Aug 2026August 2026 | 50,000 /yr | |
| 717 | Studio | 438 sqft | AED 570KAED 570,000 · Oct 2023October 2023 |
702, Concept 7 Residences in numbers
- Sold once: by Condor Concept 7 Real Estate Development on 14 October 2023 for AED 874,152, or AED 1,244 per sqft.
- Rented since October 2025 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 10.3%.
- 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 1 October 2025.
Questions about 702, Concept 7 Residences
What did unit 702 last sell for?
AED 874,152 on 14 October 2023, sold by the developer: AED 1,244 per sqft for 702 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 90,000 a year on the contract signed on 1 October 2025.
How big is unit 702?
702 sqft (65.2 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2024.
What is unit 702 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 702, Concept 7 Residences
Starts from the last sale price (AED 874K, 14 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 874,152
- Deposit, UAE resident (20%)
- AED 174,830
- Deposit, non-resident (40%)
- AED 349,661
- Monthly over 25 years at 3.7%
- AED 3,576
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →