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Concept 7 Residences

A 1 bed in Concept 7 Residences costs a median AED 1.10M and rents long-let for AED 75,000/yr (6.8% gross).

1 bed · typical price

1.10MAED

AED 1,553/sqft · +2.5% on a year

Rent a year
AED 75,000
Gross yield
6.8%
vs Jumeirah Village Circle
17% above the median
Cost to buy, all inAED 1.17M
Price
AED 1.10M
DLD fee 4%
AED 44,000
Agent 2% + VAT
AED 23,100
Trustee
AED 4,200

Fees repaid by rent11 months

Against this building’s registered sales of the same type.

Ask about Concept 7 Residences →

Is Concept 7 Residences a good investment?Rents are slipping and lots of new supply is coming

  1. Does it pay a good rent?6.8% gross, before the service charge (not on file) (Dubai median 6.8%)6.8%Fair
  2. Is it easy to let?45% of units signed a yearly lease in 12 months; the typical Jumeirah Village Circle building manages 38%45%Fair
    Jumeirah Village Circle median 38% · top tenth from 64%Concept 7 Residences · 45%

    Across 228 Jumeirah Village Circle buildings with 40 or more units, the median signed annual leases on 38% of units in 12 months and the top tenth on 64% or more; Concept 7 Residences is at 45%.

  3. Are rents going up?New 1 bed leases: AED 80,000 a year ago, AED 75,000 now-6.3%Watch
  4. Are prices going up?1 bed: AED 1,515/sqft a year ago, 1,553 now+2.5%Fair
  5. How fast do fees pay back?AED 71,300 in fees to buy a 1 bed; rent covers it in 1.0 years1.0 yrs
  6. Can I sell easily?17 sales in 12 months, 11% of the tower (26 the year before)17Fair
  7. Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch
  8. Did earlier buyers gain?Up 23% for launch buyers, before fees+23.0%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Concept 7 Residences prices and rents by unit typeA one-bed costs about AED 1.10M and rents for about AED 75,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio29 units · 399 sqftAED 720,0001,855/sqft6.9%-1.1 ptsAED 50,00010 contractsunder 5 sales in a year3
1 bed118 units · 719 sqftAED 1.10M1,553/sqftlaunch 1,364 +13.9%6.8%-0.6 ptsAED 75,00043 contracts+2.5%11
2 bed12 units · 1,138 sqftAED 2.17M1,907/sqftunder 5 contractsunder 5 contractsunder 5 sales in a year3
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Jumeirah Village Circle · area median AED 1,332/sqft

3 years
+27.3% · +8.4%/yr
vs area median
+16.5%
Rank by price per sqft
59th of 299

Rental income

1 bed · Jumeirah Village Circle

Median new rent
AED 75,000/yr
Yield vs area median
-0.6 pts
Yield vs Dubai (6.8%)
+0.1 pts
Yield rank
129th of 162
Renewal rent
AED 75,000/yr

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Aug 2023, AED 865,036; latest, Aug 2026, AED 1,019,211; peak, Aug 2024, AED 1,204,832. Rent on new leases: Mar 2025, AED 87,500 a year; latest, Oct 2026, AED 73,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,650 · before fees

Launch, 2023–25
1,342
+23%
3 years ago
1,240
+33%
Previous 12 months
1,582
+4%
Last 12 months
1,650
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

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
29 Apr 20261 bed688AED 1,136,0001,650
28 Apr 20262 bed1,138AED 2,170,8421,907
30 Mar 2026Studio399AED 752,0001,885
16 Mar 20262 bed1,138AED 2,181,7511,917

17 resales in the last 12 months.

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. Concept 7 Residences places 47th of 352; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
43Pearl House IV by Imtiaz0% · Q1 2028 · off-plan 1,656/sqftAED 1.32M1,656+0.4%——201
44The Weave8% · Q3 2028 · off-plan 1,656/sqftAED 1.31M1,656+0.3%——18
45The Hudsonoff-plan 1,655/sqftAED 795,0001,655+0.3%——11
46Eleganz 5 By DanubeAED 2.92M1,653+0.2%—+5.4%5
47Concept 7 Residences · this buildingCompleted 2024 · off-plan 1,347/sqftAED 1.10M1,6506.7%+4.3%17
48Lume Residences0% · Q3 2027 · off-plan 1,703/sqftAED 1.00M1,649-0.1%—-6.9%66
49Auresta Tower0% · Q4 2028 · off-plan 1,537/sqftAED 705,5681,644-0.4%—+14.5%307
50Harrington HouseCompleted 2022 · off-plan 1,027/sqftAED 1.27M1,642-0.5%6.4%+4.1%9
51Pear House II by ImtiazCompleted 2025 · off-plan 1,281/sqftAED 999,3671,641-0.6%8.0%+14.6%42

Rank 1 is the dearest per square foot. Differences are against Concept 7 Residences (AED 1,650/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Concept 7 Residences has registered sale prices 17% above the Jumeirah Village Circle median price per square foot of 1,332 AED, across 299 eligible buildings. It ranks 59th of 299 by price per square foot and 129th of 162 by gross yield in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted
Find service-charge budget evidence for Concept 7 Residences

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Concept 7 Residences

Concept 7 Residences is an apartment building completed in 2024 in Jumeirah Village Circle. 201 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors
15
Lifts
3
Parking bays
184
Pools
1

Nearest, as registered

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

Concept 7 Residences: AED 1,650 per sq ft, 21% above the median Jumeirah Village Circle building, and a 6.7% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Concept 7 ResidencesAED 1,650
  2. Jumeirah Village Circle, readyAED 1,300
  3. Jumeirah Village Circle, off-planAED 1,575
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Concept 7 ResidencesJumeirah Village Circle median building

  1. Jumeirah Village Circle6.7% vs 7.5%
Line: the 10th to 90th percentile of 195 buildings in Jumeirah Village Circle. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Jumeirah Village Circle, by handover quarter

Nearby in Jumeirah Village Circle

Prices per sq ft around Concept 7 Residences, on the map
Pills show median sale price, AED. 304 buildings pinned from Google place records and Apple geocoding · Concept 7 Residences is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Concept 7 Residences’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
4,891AED
4.5% over 25 years
Monthly rent
6,250AED
AED 75,000 a year
Cash needed at purchase
305,300AED
20% down plus AED 85,300 in fees

Owning costs AED 275,951 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in Concept 7 Residences?
Concept 7 Residences returns 6.8% gross: a median new-contract rent of AED 75,000 a year (43 Ejari contracts in 12 months) over a price benchmark of AED 1.10M (median of 11 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Concept 7 Residences cost?
The median registered sale price is AED 1.10M (1,553 AED/sqft), from 11 Dubai Land Department sales in the last 12 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 12 months have a median of 1,553 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Concept 7 Residences risen or fallen?
Median price per square foot moved +2.5% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Concept 7 Residences compare with Jumeirah Village Circle?
Its 6.8% gross yield sits -0.6 pts against the Jumeirah Village Circle median of 7.4%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Concept 7 Residences sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
11 registered sales in the last 12 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 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/concept-7-residences

Stable dataJSON