Unit 1001, Concept 7 Residences: what it sold for and what it is worth now

Unit 1001 at Concept 7 Residences is a 1 bed of 616 sq ft. It last sold for AED 1,204,832 on 16 Aug 2024. At AED 1,587 per sq ft, from 13 sales in the building in the last 12 months (1 bed), it is worth about AED 978,000 today.

Value todayAED 978,000AED 865,000 to AED 1,017,000
Last saleAED 1,204,83216 Aug 2024 · Off-plan
Change since last sale-18.8% 
Rent (median asking, 1 bed)AED 75,000Gross yield 7.7%
Bedrooms1 bed
Size616 sq ft
Floor10 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingConcept 7 Residences by Condor Group, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1001

DatePriceSizeAED/sq ftType
16 Aug 2024AED 1,204,832616 sq ft1,956Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50127 Apr 2026AED 2,170,8421,138 sq ft1,908Resale
70113 Mar 2026AED 2,181,7511,138 sq ft1,917Resale
20123 May 2024AED 1,314,7971,139 sq ft1,154Off-plan
10110 May 2024AED 1,936,4001,138 sq ft1,702Off-plan
30121 Mar 2024AED 1,337,7621,138 sq ft1,176Off-plan
40112 Mar 2024AED 1,900,3501,138 sq ft1,670Off-plan
90112 Mar 2024AED 940,0001,269 sq ft741Off-plan
50118 Dec 2023AED 1,383,6941,138 sq ft1,216Off-plan

Latest 1 bed sales in Concept 7 Residences

UnitDatePriceSizeAED/sq ftType
80417 Aug 2026AED 1,246,420691 sq ft1,804Resale
50331 Jul 2026AED 970,424691 sq ft1,404Resale
70915 Jul 2026AED 930,000723 sq ft1,286Resale
2102 Jul 2026AED 930,000731 sq ft1,272Resale
41411 Jun 2026AED 1,170,000688 sq ft1,701Resale
21429 Apr 2026AED 1,136,000688 sq ft1,651Resale
3049 Mar 2026AED 1,100,000691 sq ft1,592Resale
40922 Jan 2026AED 980,000723 sq ft1,355Resale

How we worked out the value

We took the 13 sales in Concept 7 Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,587). We multiplied it by the size of this unit (616 sq ft). The range uses the middle half of those sales (AED 1,404 to AED 1,651 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 17 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 1001 at Concept 7 Residences worth?

About AED 978,000 (range AED 865,000 to AED 1,017,000), based on AED 1,587 per sq ft from registered sales up to 17 Aug 2026.

When did unit 1001 last sell?

16 Aug 2024, for AED 1,204,832 (off-plan). It has 1 registered sale.

What rent can unit 1001 make?

A 1 bed in Concept 7 Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 913 · Unit 1002