1-bed · 698 sqftConcept 7 Residences, Jumeirah Village Circle (JVC) · 7th floor · completed 2024

703, Concept 7 Residences

Sold prices and rental history: sold once, by the developer 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 703 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 869K13 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Concept 7 Residences

What is 703 worth today?

Last sold for AED 868,657 in 2024

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13 Mar 2024Sold by developerOff-plan
AED 868,657AED 1,244 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
1-bed apartment
Size
698 sqft
Floor
7th of 10
Parking
1
Developer
Condor Concept 7 Real Estate Development
Completed
2024
Last sold
AED 869K · March 2024

About 703, Concept 7 Residences

703 is a one-bedroom apartment of 698 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 13 March 2024 for AED 868,657, or AED 1,244 per sqft, 8% below the AED 1,353 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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, March 2024: AED 868,657 (AED 1,244 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Concept 7 Residences
75K80K202520262027Typical rent by year: 2025 AED 82,000; 2026 AED 74,000

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 703 sits

All 118 1-beds →

703 last sold in March 2024 at AED 1,244 per sqft, 8% below what one-beds in Concept 7 Residences were fetching at the time (AED 1,353). 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.

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 7th floor

All 159 units in Concept 7 Residences
Value
7012-bedAED 2.18M · Mar 2026
7021-bedAED 874K · Oct 2023
7041-bedAED 866K · Mar 2024
7051-bedAED 1.15M · Apr 2024
7061-bedAED 1.05M · Oct 2023
7071-bedAED 1.22M · Feb 2024
708StudioAED 502K · Aug 2023
1–7 of 16

703, Concept 7 Residences in numbers

  • Sold once: by Condor Concept 7 Real Estate Development on 13 March 2024 for AED 868,657, or AED 1,244 per sqft.
  • 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 13 March 2024.

Questions about 703, Concept 7 Residences

What did unit 703 last sell for?

AED 868,657 on 13 March 2024, sold by the developer: AED 1,244 per sqft for 698 sqft. It is the only registered sale of the unit.

How big is unit 703?

698 sqft (64.8 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2024.

What is unit 703 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 703, Concept 7 Residences

Starts from the last sale price (AED 869K, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 868,657
Deposit, UAE resident (20%)
AED 173,731
Deposit, non-resident (40%)
AED 347,463
Monthly over 25 years at 3.7%
AED 3,554

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