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Concept 7 Residences

A 1 bed in Concept 7 Residences costs a median AED 1.11M and rents long-let for AED 80,000/yr (8.24% gross) — +0.4 pts vs Jumeirah Village Circle's 7.80% and +1.3 pts vs Dubai's 6.97% — from 27 sales and 94 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
12 in 12 months
Rental contracts · 1 bed
52 in 12 months
Buy
1.11MAED
AED 1,404/sqft
Long-let
8.24%
AED 80,000/yr

Price per sqft: Median of 5 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 5 sales in the last 3 months.

Yield spread
+0.4 pts
vs the Jumeirah Village Circle median for this unit type
Turnover upside
+6.7%
new tenants pay more than sitting ones — 9 renewals
AED/yr/sqft
AED 111
Sales
27
Rental contracts
94
Renewal rent
AED 75,000/yr
12 months
+5.5%
3 years
+28.6%+8.8%/yr

Based on 27 sales and 94 rental contracts in the last 24 months.

Concept 7 Residences is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 402 registered sales in all — the 27 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 710,00017328.06%
-0.4 pts
+10.5%15
1 bedAED 1.11M15438.24%
+0.4 pts
+5.5%27
2 bedAED 2.05M19114

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Off-plan vs resale

Units sold off-plan in Concept 7 Residences between 2023 and 2025 went for a median of AED 1,347/sqft (AED 955,260). The same building resells today at AED 1,589/sqft (AED 995,000) — an uplift of +13.4%.

Based on 164 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

19 resales in the last 12 months, against 63 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
17 Aug 20261 bed691AED 1,246,4201,804
6 Aug 20262 bed1,141AED 1,823,4881,598
3 Aug 20261 bed691AED 970,4241,404
16 Jul 20261 bed723AED 930,0001,287
2 Jul 20261 bed731AED 930,0001,272
12 Jun 20261 bed688AED 1,170,0001,699

6 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
26 Sept 20261 bed801AED 80,000100Renewal
29 Aug 2026Studio433AED 50,000115New
25 Aug 20261 bed690AED 73,000106New
20 Aug 2026Studio388AED 50,000129Renewal
15 Aug 2026Studio433AED 49,000113New
13 Aug 20261 bed688AED 78,000113New
10 Aug 20261 bed753AED 75,000100New
1 Aug 20261 bed1,107AED 85,00077New
1 Aug 20261 bed701AED 60,00086Renewal
1 Aug 2026Studio399AED 58,000145New
1 Aug 2026Studio487AED 57,000117Renewal
29 Jul 20261 bed762AED 75,00098New
24 Jul 20261 bed731AED 70,00096New
21 Jul 20261 bed709AED 72,000102New
18 Jul 2026Studio388AED 45,000116New
18 Jul 20261 bed732AED 70,00096New
17 Jul 20261 bed753AED 75,000100New
15 Jul 20261 bed732AED 82,000112New
15 Jul 20262 bed1,138AED 135,000119New
10 Jul 20261 bed753AED 73,00097New
10 Jul 20261 bed732AED 75,000102New
1 Jul 20261 bed723AED 70,00097New
1 Jul 20261 bed688AED 75,000109New
1 Jul 20261 bed709AED 73,000103New
16 Jun 20261 bed735AED 83,000113Renewal
12 Jun 20262 bed1,139AED 130,000114New
12 Jun 20261 bed691AED 65,00094New
10 Jun 20261 bed701AED 72,000103New
10 Jun 20261 bed776AED 72,00093New
8 Jun 2026Studio388AED 40,000103New
1 Jun 20261 bed691AED 76,000110New
1 Jun 20261 bed731AED 67,00092New
1 Jun 20261 bed762AED 75,00098Renewal
30 May 20261 bed716AED 70,00098Renewal
27 May 20261 bed700AED 55,00079Renewal

35 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
15
Lifts
3
Parking bays
184
Swimming pools
1

Nearby

Metro
Dubai Internet City
Mall
Mall of the Emirates
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in Concept 7 Residences?
Concept 7 Residences returns 8.24% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 94 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Concept 7 Residences cost?
The median registered sale price is AED 1.11M (1,543 AED/sqft), from 27 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Concept 7 Residences selling for right now?
Registered sales of ready units in Concept 7 Residences over the last 3 months have a median of 1,404 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Concept 7 Residences risen or fallen?
Median price per square foot moved +5.5% over the last 12 months against the 12 before it, on 27 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Concept 7 Residences compare with Jumeirah Village Circle?
Its 8.24% gross yield sits +0.4 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Concept 7 Residences sale record

Record type
Building-level property market record
Data date
Evidence base
27 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/concept-7-residences
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Concept 7 Residences sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/concept-7-residences.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.